– SINGAPORE – Phorm Corporation Limited (AIM: PHRM), a leading internet personalisation technology company, announces that Mr Lex Fenwick is being appointed as a Non-Executive Director of the Company and that Lord Lamont has resigned.
Phorm is pleased to announce that Mr Lex Fenwick will be appointed as a Non-Executive Director of the Company on 1 March 2015. Mr Fenwick is former CEO of Dow Jones & Co. and former CEO of Bloomberg L.P. Mr Fenwick brings with him invaluable experience from international finance, data and media businesses. Phorm also announces that Lord Lamont has resigned from the Board with immediate effect.
Kent Ertugrul, Chairman and CEO of Phorm, commented: ”We are delighted to welcome Lex to the Phorm Board. As a world-class CEO his experience will be of huge value as the business moves into the next stage of its development, generating large scale commercial revenue in major markets. We would also like to take this opportunity to thank Lord Lamont for his advice and support over the last 6 years and wish him well for the future.”
Lex Fenwick commented: ”I am extremely excited to be joining the board of Phorm at a pivotal stage in its development. I have been watching the business for a considerable period of time and I look forward to helping them scale and reach their commercial potential.”
About Phorm
Phorm is a global personalisation technology company that makes content and advertising more relevant to the consumer. Phorm’s innovative platform preserves user privacy and delivers a more interesting online experience.
Phorm’s industry leading technology enables its Internet Service Provider (”ISP”) partners to offer a new type of online advertising platform and a free consumer internet content feature, ensuring more relevant advertisements and personalised content for opted-in users.
Phorm’s advertising platform revolutionises current standards of online privacy, fully protecting the identity of consumers. Phorm’s solution is completely opt-in. Only those users consenting to the service are profiled and only ever on an anonymous basis.
Phorm’s partners include leading ISPs, Publishers, Advertising Networks and Advertisers.
Phorm, under a predecessor holding company, was admitted to the AIM market of the London Stock Exchange in 2004.
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