Neos Interactive announces new CEO appointment

London, November 2008: Neos Interactive has named Richard Craig to serve as the company's interim Chief Executive Officer.

Prior to joining Neos, Richard had the role of Professional Services Director at CDC Factory (formerly MVI technology), a subsidiary of CDC Corporation. Richard comes to Neos with proven expertise in managing the implementation of the CDC Factory solution balancing the needs of the customer with those of growth, product development and strong financials.

Aged 35, Richard is a Chartered Engineer and holds a B.Eng. Honours Degree in Mechanical Engineering with Management, and an MSc. in Engineering Business Management.

Commenting on his appointment, Richard said:

"Neos have a world class product offering, with our chosen market growing rapidly. The challenge over the coming months is to continue our customer expansion and revenue growth, against the backdrop of the current financial climate, and our desire to add more innovation to the product, whilst maintain customer service. My previous roles in Software and Management Consulting will bring a very different focus and style to the company, which I hope will benefit employees and customer alike".

Richard took over CEO duties on 10 November 2008.