London, May 29 2001 - Lost Wax, a European e-commerce technology company, appoints Mike Harris, founder and Executive Vice Chairman of Egg plc, as Non-Executive Chairman. Mike joined the Lost Wax board as a non-executive director in January 2001. Taking on the role of Chairman will enable him to guide the strategic development of Lost Wax more actively and to spend more time sharing his considerable experience of building successful brands such as Egg, First Direct and Mercury with the Lost Wax board.
“Mike’s decision to take on the leadership role of Chairman after three months as a non-executive director is a huge endorsement of the Lost Wax team and our vision for the potential of agent technology” commented Tom Ilube, CEO of Lost Wax.
Mike Harris is Executive Vice Chairman of Egg plc, Britain’s leading online banking and financial services company. Egg’s successful proposition to customers has set the agenda for the financial services industry and has inspired a series of imitators. Prior to launching Egg, Mike had a similar impact on the banking industry in 1988 as Founder and Chief Executive of First Direct, launching the world’s first mould-breaking direct telephone banking operation.
Mike Harris added, “I am delighted to step up to the role of Chairman with Lost Wax, as we take the company through its next stage of development. I intend to be very active in helping Tom and his team achieve their vision of building a valuable, long-term, innovative technology company.”
About Lost Wax
Lost Wax is a European e-commerce technology company. It is at the forefront of agent technology, delivering agent-based software solutions that are critical to the future success of e-commerce.
Lost Wax has a five year track record developing business critical e-commerce solutions for some of Europe’s most pioneering e-businesses. It has also developed and offers a B2B e-Commerce Platform which is one of the most advanced software platforms available. Customers include the Baltic Exchange, Egg, Eurobenefits, General Motors (OnLine Finance), Sony, Psion and Orange.
By delivering ground-breaking and innovative software projects Lost Wax has built one of the most experienced Java, XML and Agent software development teams in Europe. The leading-edge nature of these projects has enabled Lost Wax to stay at the forefront of developments, tackling the most challenging technology issues and gaining significant insight into how the industry will evolve. further details about Lost Wax can be found at http://www.lostwax.com
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