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Fri 2 Nov 2007, 14:51 IFC - IFCA Technologies Limited - Appointment of d
IFC
 IFC                                                                             
IFC - IFCA Technologies Limited - Appointment of deputy Chief Executive         
Officer                                                                         
IFCA TECHNOLOGIES LIMITED                                                       
Incorporated in the Republic of South Africa)                                   
(Registration number 2006/030759/06)                                            
Share code: IFC & ISIN: ZAE000088555                                            
("IFCA Tech" or "the company")                                                  
APPOINTMENT OF DEPUTY CHIEF EXECUTIVE OFFICER                                   
In compliance with section 3.59 of the Listings Requirements of the JSE         
Limited, the board of directors of IFCA is pleased to advise shareholders       
that, following Mr Craig Christensen appointment as Deputy Chief Executive      
Officer of IFCA with effect from 25 September 2007, the board now announces     
his appointment to the board of directors as Deputy CEO with immediate effect.  
It is intended that Mr Christensen will take over the position as Chief         
Executive Officer of the group in due course, when BK Wong relocates to         
Australia.                                                                      
A brief curriculum vitae is set out below:                                      
Mr Craig Christensen                                                            
Craig is finalising his MBA with the Milpark Business School and a Masters      
Degree in marketing (CM(SA)) from the Graduate School of Marketing Management.  
Prior to his appointment as CEO of IFCA, Craig was at IBM South Africa for      
seven years, where he acted in various managerial capacities, the most recent   
being business development executive. Craig has a thorough knowledge and        
understanding of strategic sales and marketing issues in the South African      
information technology market gained through his 18 years of experience in the  
information technology industry.                                                
The board welcomes Craig and looks forward to the contribution he will make in  
the growth and strategic positioning of IFCA in the Southern African market.    
Johannesburg                                                                    
02 November 2007                                                                
Designated Advisor                                                              
Arcay Moela Sponsors (Proprietary) Limited                                      
Date: 02/11/2007 14:51:47 Produced by the JSE SENS Department.                  
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