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Datanomic announces formation of Independent Advisory Board

External expertise from Independent Advisors to help shape corporate growth strategy, following consistent triple digit revenue growth and record sales

Wednesday, 30 December 2009

Compliance and data management specialists, Datanomic, today announced the formation of an Independent Advisory Board to help steer the company through its next phase of domestic and international growth. The Advisory Board will draw on the knowledge and experience of external, independent experts to deliver guidance, governance and market insight as Datanomic continues to expand its geographic reach and vertical market penetration.

Tony Morris, independent strategy consultant and former Non-Executive Director of Datanomic, will Chair the new Advisory Board. An IT industry veteran, Tony is an entrepreneur, investor, independent Director, and consultant providing strategy and venture development advice to technology companies and investors on both sides of the Atlantic. He has made 26 direct investments in private technology companies and is an LP in several US and UK venture capital and private equity firms. He is an experienced Board Director and has been profiled as a successful investor in Winning Angels by Harvard Business School’s Howard Stevenson and David Amis and Raising Venture Capital Finance in Europe by Keith Arundale. In 1980 Tony founded Morris Decision Systems, a pioneering PC reseller and network systems integrator in New York, ranking #9 on the Inc. 500 when sold. Tony has an AB from the University of Pennsylvania and an MBA from Stanford University. He is a member of the Dean’s Council at the Harvard Kennedy School.

Also joining the Advisory Board will be Keith Willetts, Chairman and founder of the TM Forum, the world’s leading telecoms trade association with over 700 member companies covering 185 countries. Prior to TM Forum, Keith held a variety of executive positions at TCSI in California and British Telecom in the UK (including membership of BT’s Technical Advisory Board), was Chairman of Comnitel Technologies in Ireland (now IBM), Chairman of Evolved Networks in the UK, and Chairman of Appium in Sweden (now Aepona). Enjoying almost 40 years’ senior level business experience in the telecoms industry, Keith is recognized as one of the world’s leading authorities on communications management. He has been honored twice in the Communications Week “Top 25” awards for industry visionaries, has been awarded the British Computer Society’s Gold Medal for innovation and the BT Gold Medal for innovation. He was recently voted in the Top 50 most influential people in the communications industry in a recent Global Telecoms Business poll. Keith also co-authored the influential book, “The Lean Communications Provider”.

Dr Mike Hamm will also sit on the new Advisory Board. Mike has more than 20 years’ management experience in the IT industry, holding senior roles in large organisations such as Unisys, NCR, SAS and SAP Business Objects, as well as smaller start-up firms such as Forte Software and Quadrant Risk Management. He has worked extensively in the banking and insurance markets in the UK, as well as the US, Switzerland, Germany, Austria and Eastern Europe. Mike holds a PhD in Theoretical Physics from the University of Vienna, Austria, and a diploma of the Executive Business School St.Gallen, Switzerland.

Datanomic will be making additional appointments to the Advisory Board, which will be announced over the coming months.

“Datanomic has just completed another year of consistent triple digit revenue growth, record sales, international expansion and vertical market penetration,” said Tony Morris, Chairman of the new Independent Advisory Board. “The Advisory Board will bring external, specialist expertise to help shape the company’s strategy and support its acceleration into new markets.”

“The Advisory Board will provide an additional layer of expertise in shaping our strategy for growth and expansion,” said Dr Jonathan Pell, CEO of Datanomic. “The value of independent advisors who are working directly in the industries and disciplines we are targeting will be a tremendous asset in ensuring we are aligned with our go-to-market strategy for capturing market share.”

About Datanomic

Datanomic’s flagship enterprise Data Management and Compliance Screening software, dn:Director, helps organisations save money, remain compliant with legislation, streamline business processes, reduce waste and seize more opportunities. The core foundation of all Datanomic’s business solutions, dn:Director’s broad capabilities enable organisations to identify and eradicate problems in customer, financial and product data, improve compliance performance, and better manage business risk. dn:Director allows teams to collaborate on business-critical data issues, across any database, via a central console. Based in Cambridge, UK, Datanomic was founded in 2001. www.datanomic.com

Datanomic

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