Board Change


 

TIDMINVU 
 
RNS Number : 1429S 
Invu plc 
13 May 2009 
 

 
 
 
 
13 May 2009 
Invu plc 
 
 
Board change 
 
 
Invu plc (LSE, AIM: INVU) ("the Company") announces that David Morgan has 
resigned as an Executive Director and has left the Company with immediate effect 
in order to pursue a new venture. 
 
 
David's new venture will be focused on developing the opportunities around 
Invu's Ergo technology, and as a result will be licensing the technology from 
Invu, including a royalty arrangement, as well as supporting Ergo customers on 
an ongoing basis. 
 
 
This arrangement enables the Company to focus on Series 6, its core document 
management software which forms the basis of a new suite of products aimed at 
key growth verticals, such as the recently announced Invu for Accountants. 
 
 
In addition, the agreement allows Invu to recoup the investment it has made to 
date in Ergo while retaining the rights to the intellectual property as well as 
the possibility of licensing to other parties. Invu has retained the right to 
sell any enhanced or derivative technologies exclusively in the Document 
Management sector. 
 
 
-ends- 
 
 
Enquiries: 
 
 
+-------------------------------------------------------+----------------+ 
| Invu plc                                              | 01604 859893   | 
+-------------------------------------------------------+----------------+ 
| Daniel Goldman, Non Executive Chairman                |                | 
+-------------------------------------------------------+----------------+ 
| Colin Gallick, CEO                                    |                | 
+-------------------------------------------------------+----------------+ 
| John Agostini, CFO                                    |                | 
+-------------------------------------------------------+----------------+ 
|                                                       |                | 
+-------------------------------------------------------+----------------+ 
| Financial Dynamics                                    | 020 7831 3113  | 
+-------------------------------------------------------+----------------+ 
| Juliet Clarke / Haya Chelhot / Emma Appleton          |                | 
+-------------------------------------------------------+----------------+ 
|                                                       |                | 
+-------------------------------------------------------+----------------+ 
| Arbuthnot Securities                                  | 020 7012 2000  | 
+-------------------------------------------------------+----------------+ 
| Tom Griffiths  / Ben Wells                            |                | 
+-------------------------------------------------------+----------------+ 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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