| Mon 10 Jul 2006, 13:22 | | DataPro Group Limited - Appointment of new directo |
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DTP
DTP
Datapro Group Limited - Appointment of new director to the Board
DATAPRO GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1998/016433/06)
("DataPro" or "the company")
JSE Code: DTP & ISIN Code: ZAE000058061
APPOINTMENT OF NEW DIRECTOR TO THE BOARD
In compliance with paragraph 3.59 of the Listings Requirements of the JSE
Limited, the board of directors of DataPro are pleased to announce the
appointment of Mr Anthony Peter van Marken as an Executive Director, with effect
from 7 July 2006.
Mr. Anthony ("Tony") Peter van Marken graduated with a B.Sc. (Computer Science)
from the University of Cape Town in 1984 and with a B.Comm. (Economics) from the
University of South Africa (UNISA) in 1995. In the early stages of his career,
Tony worked in software development for the Insurance and Defence industries. He
worked for Andersen Consulting (now Accenture) from 1988 through 1994, in South
Africa and the United Kingdom, managing and implementing complex technology
projects in a variety of industries, including government, transportation and
telecommunications.
In 1994, he moved to Canada and was appointed President and CEO of Architel
Systems Corporation (NASDAQ:ASYCF, TSE:ASY), a global leader in
telecommunications software development. As President and CEO, he led Architel
through its initial public offering (IPO) on the Toronto Stock Exchange in 1996;
fielded its successful expansion into the U.S., European and Asian markets;
oversaw the acquisition of Accugraph Corporation and successfully completed a
NASDAQ listing in 1998. Architel was listed by the Branham Group as the 13th
largest independent software company in Canada with annualised revenues of over
$50 million (US) and more than 400 employees worldwide. Architel was acquired by
Nortel Networks in April, 2000 for a consideration of $400 million.
From 1999 through 2003, Tony has been a General Partner of XDL Intervest Capital
Corporation, one of Canada"s leading venture capital companies where he led
investments in the telecommunications, wireless and software industries. Since
2001, Tony has acted as a director and advisor to numerous public and private
venture backed, high technology companies in Canada, the United States and
Europe. Recognised as a leader in his field, Tony was honoured in 1998 as one of
Canada"s Top 40 Under 40 and was awarded the 1996 Canadian Venture Capital
Association"s Entrepreneur of the Year Award.
In accordance with AltX Listings Requirements, shareholders are advised of the
risks of investing in a company listed on AltX and are advised that the JSE does
not guarantee the viability or the success of a company listed on AltX. In
terms of JSE Listings Requirements a Designated Adviser has to be retained by
the company. The Designated Adviser is required to, inter alia, attend all
board meetings held by the company to ensure that all JSE Listings Requirements
and applicable regulations are complied with, approve the financial director of
the company and guide the company in a competent, professional and impartial
manner. If the company fails to retain a Designated Adviser it must make
arrangements to appoint a new Designated Adviser within 10 business days,
failing which the company faces suspension of trading of its securities. If a
Designated Adviser is not appointed within 30 days of its suspension the company
faces the termination of its listing without an offer to minorities.
Johannesburg
10 July 2006
Designated Advisor
Arcay Corporate Services
Date: 10/07/2006 01:22:10 PM Produced by the JSE SENS Department