Directorate Change

RNS Number:0328G
CMS WebView PLC
11 July 2006



                                  



RNS Release


11 July 2006


                   Directorate Change and other developments


On 17th May 2006 the company released it final results for the year ended 31
December 2006. In the Chairman's statement we outlined a number of key actions
being progressed that would ensure CMS WebView would continue to operate with
minimal ongoing overheads whilst exploring further business options, in
particular identifying a purchaser of the valuable intellectual property rights
of our leading TDI software suite.


We are pleased to report that initial talks are currently underway with
companies interested in potentially acquiring the rights to TDI on a
non-exclusive basis. The companies are considering using TDI for immediate use
and for further in-house development of their own data management projects. The
board intends to report further on this point by the end of September 2006.


Another action outlined in the Chairman's statement was the cancellation of
supplier contracts non-essential to the current objectives of the Company. We
can report these contracts have been terminated, and also that we have reduced
substantially our headcount and consolidated our operations into a single office
location.


As a consequence of these structural changes, it also made sense to reduce the
size of the current board of directors. As such, we have reluctantly agreed to
part company with Mr Keppel Simpson, non executive Chairman, who has volunteered
to resign with immediate effect. Mr Keith Young (currently Non-Executive Vice
Chairman) will assume the role of Chairman.


Bob Antell, CEO, CMS WebView, says:


"We are very grateful to Kep for his strong contribution over the years, and for
his offer to resign. His pragmatic approach to CMS's needs is appreciated, as
has his wise counsel as Chairman since our AIM listing in 2000. I would also
like to thank Keith Young for agreeing to take on the role of Chairman. Keith
has been Vice Chairman since 2000 and was Chairman from 1997 to 2000 prior to
the Company's flotation."


Enquiries, please contact:


Bob Antell/Maggi Spanton                 Neil Boom

CMS WebView plc                          Gresham PR Ltd

020 7744 7722                            020 7404 9000


William Vandyk

Corporate Synergy

020 7448 4400


Notes to editors


About CMS WebView plc


CMS (www.cms.co.uk) listed on AIM (AIM: CWV) in August 2000. Since its original
formation in 1982, CMS has developed extensive expertise in the area of
real-time market data collection, processing and distribution.


Until 1997, when a management buy-out took place, CMS was a subsidiary of LIFFE
and formerly of the London Commodity Exchange.


CMS is a well-established provider of aggregated market data feeds (TDI Feed)
for the wholesale market. The Company has developed the TDITM Feed using its
proprietary TDI software and carries a range of real-time data from many of the
world's futures and options exchanges.



                      This information is provided by RNS
            The company news service from the London Stock Exchange

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