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Gresham Computing (GHT)

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Tuesday 29 April, 2008

Gresham Computing

Directorate Change

Gresham Computing PLC
29 April 2008

Embargoed until 07.02 HRS (BST) 29 April 2008
                                                     29 April 2008


                               Directorate Changes
                              Gresham Computing plc
                          (the 'Company' or 'Gresham')


Gresham is pleased to confirm the appointment of Eric Sepkes as Executive 
Chairman with immediate effect.

Eric is a very well known figure in the global banking community, with
particular interests in international payments, cash management and trade
finance.  Eric completed 38 years with Citigroup where he held various
management positions, including Operations and Treasury and Cash Management, and
most recently held a senior strategic role in Global Transaction Services.  Eric
has been involved in Payment Infrastructures since 1985, when he was responsible
for managing Citibank's entry into CHAPS (Clearing House Automatic Payment
System) where he was director for 12 years and Chairman for 3 years. He was
Chairman and Deputy Chairman of the Euro Banking Association between 1994 and
2005. He was the founder and coordinator of the European Payments Group
(formerly Heathrow Group) and was a member of both APACS (the UK trade
association for payments and for those institutions that deliver payment
services to customers) and the European Council.  Latterly he was a member of
APACS Senior Sponsors Committee for Faster Payments in the UK.

Eric is a well known industry speaker and event chairman retaining key roles at
many industry events including International Payments Systems week and the
Supply Chain Management Forum.

There are no other matters required to be reported pursuant to LR9.6.13 (1) to
(6) inclusive.

Gresham confirms that Alan Howarth has now stepped down from his position as
Chairman and Director as was previously indicated in our preliminary
announcement issued today.

Commenting on his appointment, Eric Sepkes, Chairman, said

'I am delighted to join the Board of Gresham at this point of flux in world
markets because with change, comes opportunity. We are in an age where demand
for real-time information is clear and yet largely unfulfilled in many areas of
both the banking and corporate markets. I am excited to be taking on this new
challenge and joining a team that has a track record of innovation, development
and delivery of market leading real-time financial solutions. Gresham has done
the heavy lifting in getting these solutions to market and I now intend to
rapidly increase Gresham's profile and ensure that the demands for real-time
financial information are met.'


Andrew Walton-Green, CEO of Gresham, commented

'Our movement from a largely licensed based sales model to selling software as a
service is now starting to pay off. We made solid progress in taking our core
solutions to market and we have made a solid start to 2008. I am delighted that
Eric has joined Gresham. His knowledge and experience in financial markets is
renowned and the whole team is excited at the opportunity to focus our
attentions on fulfilling the growing demand for our solutions.'

'I would like to thank Alan Howarth on behalf of myself and the Board for his
assistance over the years in steering the business through some key changes,
including the launch of core technologies, and for assisting us in bringing Eric
onto the Board.'

                                     -ends-

For further information, please contact:

Gresham Computing plc
Andrew Walton-Green, CEO                                    +44 (0) 20 7653 0200




                      This information is provided by RNS
            The company news service from the London Stock Exchange