– GUERNSEY, St. Peter Port – MXC, the technology focused merchant bank, today announces the appointment of Meriel Lenfestey as a further Non Executive Director to strengthen the Board of the Company. Meriel is an experienced Director with directly relevant experience in both technology and investment with more than 17 years’ experience at Board level. Meriel has worked at Microsoft and the BBC before becoming a successful entrepreneur. Meriel is currently a strategic adviser to Jersey Telecom and a non-executive Director of JVM PCC a Microsoft Ventures backed early stage technology fund.

Peter Rigg Chairman of MXC said: “We are delighted to welcome Meriel to the Board of MXC. I believe her mix of skills across technology and investment combined with her entrepreneurial spirit will be an excellent fit with the Company.”

About MXC Capital

MXC is a specialist merchant bank with a track record of investing in and advising companies in the TMT sector. We bring together a deep knowledge of technology, first-hand experience of managing companies in the sector, an ability to make meaningful investments and a highly experienced corporate advisory team in support, all of which we combine to grow shareholder value.

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