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Management team strengthened with over 35 years combined senior IT experience as e-business service provider looks to secure future investment


Pasporte, the e-business service provider and specialist in providing secure hosted application environments, has appointed former CEO of Tetra plc Bob Critchlow as non-executive Chairman. Lawrence Steingold also joins the board as non-executive Finance Director. Pasporte, who have a growing number of channel partnerships successfully deploying end-user solutions, selected both men in preparation for securing additional private funding.


Pasporte's new Chairman, Bob Critchlow, has over 20 years senior experience in the IT industry starting his career with Intel and achieving management success at a number of international technology companies. In 1999, Critchlow guided Tetra to a LSE quotation and subsequent sale to the Sage Group for £78m. "I believe that Pasporte have a compelling business plan to achieve long-term financial success in providing hosted application and e-business environments," said Critchlow. "My role as Chairman will enable me to lead our corporate strategy and stimulate interest for additional institutional investment in line with the company's potential for success."


Lawrence Steingold is the newly appointed non-executive Finance Director of Pasporte, bringing his extensive experience from previous senior positions with technology-focused companies. "Pasporte's stable financial base and unique approach to e-business places it strongly in an emerging market," said Steingold. "With potential future investment coming into the company, Pasporte have a tremendous opportunity to sustain further growth and success."


Pasporte's CEO and founder, Gary Woodward, regards both men as extremely valuable assets. "Both Bob and Lawrence are unquestionably high-calibre professionals whose skills and knowledge will serve to strengthen our market position. Their appointments demonstrate a kindred confidence in our approach to this market, and our belief that we will continue to grow and enjoy significant success in the future." he said.


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About Pasporte

Pasporte Ltd is an e-business service provider, providing fully managed, e-business infrastructures that enable the delivery of both web-based and traditional applications via the Internet. Pasporte delivers comprehensive, secure and reliable hosted application services through partnerships with ISVs (Independent Software Authors), VARs and web integrators, facilitating high speed, cost-effective access to sophisticated software and technology without the risk, cost and complexity of in-house system implementation and maintenance.


Pasporte's Synergy Partner Alliance Programme rewards partners with recurring revenue streams and a range of associated technical, marketing and sales support benefits. The programme's commission structure encourages partners to extend the duration of customers' contracts at a higher service level, often at the same or a reduced cost.



For further information contact:


Multimedia PRM
David Rowlands/David Evans
Tel: 01291 626200
enquiries@multimediapr.co.uk

http://www.pasporte.com

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