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MTI appoints new Venture Partner


28 January 2008

MTI, the technology venture capital investor, today announces the appointment of Jayne Chace as a Venture Partner at the firm with immediate effect. Jayne’s role will focus on the marketing needs and business development enhancements of the companies in which MTI has invested as part of the added value management that MTI bring to their investees.

Prior to joining MTI Jayne Chace was Chief Marketing Officer at LogicaCMG Telecoms. This division of LogicaCMG plc was successfully spun out in June 2007 and Jayne, as a Board member, Jayne simultaneously managed the worldwide launch of the new company that is called Acision.

Her earlier executive positions included roles with Oracle, Nortel, Cadence, Siemens and Unisys. More recently she has consulted for venture capital firms, government agencies and Columbia and London Business Schools as well as serving as Non-Executive Director on the Board of three companies. Prior to moving into the corporate world, Jayne was a university history professor in the USA, having earned her graduate degrees in history.

Commenting on the appointment, Ernie Richardson, CEO of MTI, said “Jayne’s experience across a wide range of international assignments brings yet further breadth to the MTI team. With the resurgent growth in European venture opportunities for early stage technology companies which we are seeing, Jayne will not be short of things to do.”

-Ends-

For more information:

MTI
Ernie Richardson, CEO
Tel: 01923 250 244

Waughton
Robin Hepburn
Tel: 020 7796 9999

Notes to Editors:

About MTI

MTI is one of the UK’s leading providers of specialist venture capital to UK early stage technology companies. MTI's strength lies in its appreciation of technology companies, coupled with the experience to provide quality business advice. All its executives are experienced technologists and businessmen who have a passion for helping young companies, and their management teams. MTI's overriding motivation for investment is a company's potential for commercial success, determined by the quality of its technology, potential market, and the calibre of its management.


Publisher Contact Information:

MTI Partners Limited
+44 1923 250 244
-

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