PRESS

Appointment of Director

The Company is pleased to announce the appointment to the board of Mr Cormac O Tighearnaigh, B Comm, FCA, to act as Finance Director to the Company, commencing May 21st.

Mr. O Tighearnaigh, a 38 year-old Chartered Accountant, trained with PWC in Dublin. He has extensive experience in corporate finance and operational
financial management.

He was previously employed by private equity firm Allen McGuire, where he worked on a number of transactions. The largest of these was the acquisition in July 2000 of Adare Group - a print, packaging and mailing group of companies with sales of over €200m. Adare was quoted on the Dublin and London stock markets at the time.

Mr O Tighearnaigh subsequently joined founder and Chief Executive, Nelson Loane, on the Board of Adare, when he was appointed Group Finance Director. The management team achieved margins significantly and consistently ahead of industry averages, and generated substantial returns for investors when it was disposed of last year for more than €150m.

Cormac O Tighernaigh holds no current directorships or partnerships and has held the following directorships and partnerships in the previous five years;

Current                    Past

                                NAPG Limited
                                CAHL Limited
                                Great Northern Envelope Company Limited
                                Alexander Pettigew Limited
                                Adare Precissicion Limited
                                On Demand Communications Limited
                                Adare Intellidata Limited
                                William Caple and Company Limited
                                Printronic Limited
                                Prontaprint Group Limited
                                Business Barter Limited
                                Continuous Stationery Limited
                                Fairfield Graphics Limited
                                Forms Factory Limited
                                Word Processor Stationery Limited
                                Kall Kwik UK Limited
                                Prontaprint Limited
                                Centre 634 Limited
                                The Franchise Option Limited
                                Prontaprint Communications Limited
                                Prontaprint Exploration Limited
                                Citico Print Centres Limited
                                Centre 1566 Limited
                                Prontaprint North East Limited
                                Adare Direct Mail Limited
                                Prontaprint International Limited
                                Kall Kwik Europa Limited
                                Adare Carwin Limited
                                Prontaprint Retail Limited
                                Prontaprint Services Limited
                                Darley Limited
                                Adare Mailing Solutions Limited
                                Fudge Kitchen (UK) Limited
                                Adare Label Converters Limited
                                Adare Packaging Solutions Limited
                                Adare Print Management Solutions Limited
                                Kenley Press Limited
                                Fudge Kitchen (Darlington) Limited
                                Adare Lexicon Limited
                                Kalmazoo Security Print Limited
                                Adare Limited
                                Adare Business Communications Limited
                                Adare Label Solutions Limited
                                Adare Print Management Limited
                                Adare Speciality Print Limited
                                Adare Properties (UK) Limited
                                Adare Printing Group Ltd.
                                CJ Fallon Limited.
                                Korah  Limited
                                Perigord Limited
                                CJ Fallon Holdings Limited
                                Presswell Limited
                                Presswell Group Limited
                                School & College Publishing Limited
                                Esoum Limited
                                Esoum Holdings Limited
                                Flexible Packaging Limited
                                Screen Print Limited
                                Prontaprint BV

John O'Shea, Managing Director of zamano, commented:

'It is testament to zamano's ambition that a candidate of Cormac's calibre, experience and energy has decided to join this high-growth company. In the past year zamano has expanded our management team, and combining the acquisition of Eirborne and the appointment of Cormac now puts the company in a very strong position to realise our growth plans. On behalf of the Board, I'm delighted to welcome Cormac'

There are no other matters required to be disclosed pursuant to paragraph (g) of schedule 2 of the AIM Rules and the IEX Rules.

 

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