Business
Board Appointments
Board Appointments.
About this update from Newmark Security Plc
[{"type":"text","content":"\n RNS Number : 2411G Newmark Security PLC 28 January 2010 \n \n\n\n\n\n\n\nPress Release\n\n\n28 January 2010\n\n\n\n\n\nNewmark Security plc\n\n(\"Newmark Security\" or \"the Group\")\n\nBoard Appointments\n\nThe Board of Newmark Security plc (AIM:NWT), a leading provider of electronic and physical security systems, announces today the appointment of Derek Bleythn to the Board as an Executive Director and David Ishag as a Non-Executive Director, both with immediate effect. \n\nDerek Bleythn is currently the Managing Director of Grosvenor Technology, the Group's wholly-owned electronic division. Derek founded Grosvenor Technology in 1989 before the company was acquired by Newmark in 2003. Grosvenor Technology provides state of the art access control, security and data acquisition systems delivered via its flagship JANUS access platform and its CUSTOM brand OEM product range. Clients include BAE Systems, UK Air Traffic Control, BSkyB, Merrill Lynch (Europe, Middle East and Asia) as well as M&S, Morrisons, Tesco, Network Rail, British Royal Palaces, government departments and many universities.\n\nDavid Ishag gained a Law Degree from the London School of Economics and an MBA at Harvard Business School before working as a principal in the leverage buyout of Sabre; Gillette's surgical business. This was followed by several years in the film industry where he executed over US$1 billion in film deals, including Carlito's Way with Al Pacino, The Shadow with Alec Baldwin and the international rights to Austin Powers with Mike Myers. In 1997 David became a partner at Knowledge Universe, a private equity fund established by Mike Milken and Larry Ellison, based in Los Angeles. In 1999 he joined Idealab in Los Angeles and opened their London office in order to develop Idealab's US model of creating and supporting pioneering technology companies moving into Europe. Since leaving Idealab in 2003, David has been an active investor and advisor to a wide range of industries including oil, gas, mining, telecoms and financial services. He also acts a...