NMT reviews board after £2m injection.
Restructuring of the two management boards at New Millennium Technologies is expected in the coming ...
Restructuring of the two management boards at New MillenniumTechnologies is expected in the coming months, following the software
house's completion of its £2m financing programme.
Last month, NMT announced that a second tranche of financing had been put
up by the company's sponsors and shareholders. In 1997, NMT received
£600,000 from its backers.
Once the money had been secured, NMT managing director Tony Stocker
tendered his resignation. He has been replaced by its chairman Ted
Butcher.
A
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