Director Appointment
21 Septiembre 2009 - 1:00AM
UK Regulatory
TIDMPIXL
RNS Number : 3483Z
Pixel Interactive Media Limited
21 September 2009
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| Press Release | 21 September 2008 |
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Pixel Interactive Media Ltd
('Pixel' or 'the Group' or 'the Company')
Director Appointment
Pixel Interactive Media Limited, (AIM: PIXL), Asia's leading online advertising
sales network, is pleased to announce the appointment of David Rae as
Non-Executive Director of the Company, effective from 1 October 2009.
David Richard Rae (36), is a Chartered Accountant with over 14 years
professional experience, primarily as a corporate finance adviser. David has a
longstanding relationship with Pixel, which began in 2006 when he worked with
the directors on the Group's AIM IPO. He has continued to maintain a close
relationship with the Group since then. David has extensive corporate
transaction experience and has previously held senior positions at Robert W.
Baird and Dawnay, Day Corporate Finance Limited.
Commenting on the appointment, Kevin Huang, Chief Executive Officer of the
Group, said:"We are pleased to welcome David to our Board and look forward to
his invaluable advice and guidance as we lead the Group through exciting times
and to our next stage of growth. David brings a wealth of experience of equity
capital markets for fast growth companies and will continue to help our
communications and strategy to UK investors. His presence on the Board will
undoubtedly be an asset to the Group and shareholders alike".
The following disclosures are made in accordance with Schedule 2(g) of the AIM
Rules for Companies:
Mr Rae is currently a Director of Insight Advisory Limited.
From March 2006 until July 2008, Mr Rae was a Director of Dawnay, Day Corporate
Finance Limited a subsidiary of Dawnay, Day International Limited ("DDI"). In
July 2008, the Dawnay, Day group of companies were placed into administration
following the liquidation of the parent company, DDI.
There are no further disclosures required pursuant to paragraph 2(g) of Schedule
2 to the AIM Rules.
- Ends -
For further information:
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| Pixel Interactive Media Limited | |
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| Kevin Huang, Chief Executive Officer | Tel: +852 2851 2490 |
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| kevin.huang@pixelmedia-asia.com | www.pixelmedia-asia.com |
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| | |
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| Canaccord Adams Limited | |
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| Mark Williams / Adria Da Breo Richards | Tel: +44 (0) 20 7050 6500 |
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| | www.canaccordadams.com |
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Media enquiries:
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| Abchurch Communications | |
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| Charlie Jack / Joanne Shears / Simone | Tel: +44 (0) 20 7398 |
| Alves | 7700 |
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| joanne.shears@abchurch-group.com | www.abchurch-group.com |
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About Pixel Media
Pixel Media is a leading Asian online advertising sales network that provides
complete online advertising solutions to website owner, advertisers and their
agencies throughout the Asia Pacific region.
Pixel Media's advertising services include premium display advertising and
sponsorships, email marketing solutions, affiliate marketing, and is
complemented by its proprietary advertising management technology and affiliate
marketing platform called AiMs. Pixel Media has an extensive advertiser base
which includes blue-chip brands across Asia and partners with leading websites
for advertising sales in the Asia Pacific region including some of the biggest
portals and brands on the internet today.
The Asia Pacific region is experiencing rapid rates of economic growth. The
online advertising sector in the region (excluding Japan is expected to see very
strong growth, with industry revenue forecasts of 39% CAGR during 2002 2007,
from US$304 million to US$1.67 billion.
Further information on Pixel Interactive Media is available
at www.pixelmedia-asia.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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