Focus Solutions Group PLC
2 April 2001
For immediate release 2 April 2001
Focus Solutions announces new finance director
Focus Solutions Group plc announces the appointment of Sue Hele, aged 45, as
finance director with immediate effect. Sue joined Focus as financial
controller in September 2000, following 4 years as mergers and acquisitions
manager at AT&T. Previous positions include finance director with the Firefox
Group, a communications software company, and 10 years with 3i plc. She
qualified as a chartered accountant with PriceWaterhouseCoopers.
As indicated at the time of the flotation last year, Robert Hull becomes a
non-executive director. His consultancy services will continue to be available
to the Company.
John Streets, Chief Executive, said:
'I am delighted to welcome Sue Hele to the Board at this important stage in
the Company's development. Sue's experience of the software industry and her
knowledge of the issues facing high growth companies will be invaluable. I
should also like to thank Robert Hull for his significant contribution to the
Company. He played a critical role in ensuring the success of the flotation
last year, and I am delighted his expertise will continue to be available to
the Company.'
Other than the directorship disclosed in this announcement, there are no
matters requiring disclosure for Sue Hele in respect of Schedule Two,
Paragraph (f) of the AIM Rules save for her full name, Susan Amanda Hele, her
previous name, Susan Amanda Price and her non-executive directorship of
William Price and Sons Ltd, a longstanding family business. At the same time,
she is also appointed as finance director of Focus Business Solutions Ltd and
Focus Software Ltd.
Enquiries:
Focus Solutions Group plc 01926 468 300
John Streets
Claire Forrest
Citigate Dewe Rogerson 020 7638 9571
Chris Barrie
Sara Thomas
Notes to editors
1. Focus Solutions Group is a leading provider of software products and
e-commerce tools for the financial services industry. The Company's
products support the sale and delivery of financial products
electronically via existing sales channels such as the independent
financial adviser (IFA) market place and direct sales. Focus's XML-based
toolkit is called goal:technology. This enables 'intelligent' electronic
proposals, which replace traditional paper-based application forms, to be
constructed quickly and efficiently by the insurance companies and
completed easily by the end user. It will allow the life, pensions,
savings and investment market to move away from the costly paper-based
sales process to electronic trading.
2. Focus has sold goal:technology to 66% of the UK's leading life and pensions
companies including Royal & Sun Alliance, Norwich Union Life, Legal &
General, Standard Life, Scottish Provident, NPI and Scottish Equitable and
Friends Provident. Focus has to date also partnered with three of the UK's
leading internet service providers specialising in financial products,
providing software to enable e-commerce transactions: Assuresoft, Exchange
FS, and Synaptic Systems.