Appointment of Kevin Milne as Non-Executive Director of Thorn Medical PLC

LONDON, March 2, 2015 /PRNewswire/ --

The company is pleased to announce that it has appointed Kevin Milne as a non-executive director of the Thorn Medical PLC board.

Milne has over 25 years' financial services experience during which time he has held senior positions at a number of important service providers.

He was a member of the Executive Committee at the London Stock Exchange Group, where he was responsible for the growth in the Italian clearing house, CC&G and Monte Titoli, the Italian post-trade businesses.

Previously, Milne was chief executive of Xtrakter, the market services division of ICMA.  There, he commercialised the organisation and readied the business for sale to Euroclear, where he became a member of its senior management team. Kevin also ran the international businesses of financial technology companies SS&C Technologies and Macgregor before holding the post of Executive Managing Director at Omgeo, the post-trade services joint venture.

Jack Kaye, CEO, Thorn Medical PLC, says: "We are delighted to welcome Kevin Milne to the Thorn Medical PLC board.  His experience as a senior executive in technology businesses and the financial markets will be a major asset to Thorn Medical PLC as it pursues its mission to break down barriers to providing more efficient and effective healthcare worldwide."

Thorn Medical PLC 

Thorn Medical is a trusted expert investor and acceleration partner dedicated to breaking down the barriers to providing more efficient and effective healthcare worldwide.

With a clear focus on improving human wellbeing, it acts as an aggregrator of innovative, scientifically-validated medical technology, pharmaceutical product and healthcare services businesses.

It aims to transform organisational performance through delivering best practice flexible management services that streamline operations, reduce costs, encourage cross-fertilisation, expand market reach and enhance return on capital.

Thorn Medical is dedicated to this market, with a global perspective and an understanding at first hand of the evolving challenges that healthcare businesses face in growing successfully.

THE DIRECTORS OF THE ISSUER ACCEPT RESPONSIBILITY FOR THE CONTENTS OF THIS ANNOUNCEMENT

For further information please contact:

Walbrook PR Ltd
Tel: +44(0)20-7933-8780
thornmedical@walbrookpr.com

Mike Wort
Mob: +44(0)7900-608-002