Board Appointment

RNS Number:2462S
Independent Intl Inv Research PLC
05 March 2007

5 March 2007



Independent International Investment Research Plc ("the Group")



Board appointment



The board is pleased to announce the appointment of Malcolm Donaldson, as
Executive Director and Head of Business Development with effect from 1 March
2007.  Mr. Donaldson will be based at the Group's head office in London.



Malcolm Donaldson, 50, has served on the board of the Group since 1999 in a
capacity of non-executive director.  When first appointed to this non-executive
role, Malcolm was Managing Director of GL Trade Northern Europe.  GL Trade SA is
the world's largest provider of electronic trading solutions and is listed on
Euronext. During his tenure at GL Trade from 1998 to 2003 turnover for the
region grew from 3m Euros to 30m Euros.



With the benefit of his substantial commercial experience, Malcolm's career has
developed more recently into assisting a range of companies to define and
implement their sales and marketing strategies.



Shane Smith, Group Chairman and CEO, commented:  "During his seven years as a
non-executive director, Malcolm has gained an intimate knowledge of our
business, our people, our products and our target market place.  His City
contacts, developed over the years, are excellent; his sales and people skills
are finely honed and his commitment to the success of the Group has been proven
time and time again over the years.  This is a powerful combination.



"The Group has an ambitious and aggressive business development strategy for
2007 which will see the creation of a strong UK/US sales channel.  This will
involve taking our own product, as well as third party products, out to our
target institutional investor audience.



 "Malcolm will be responsible for the creation of a new Group brand, IN
Research, the new umbrella under which our own products and services, as well as
third-party products and services, will be provided to the market.  A key
function of IN Research will be to help the Group to identify prospective
acquisition targets in the highly-fragmented research space.  It will therefore
be instrumental in the successful execution of our strategy this year, of
becoming a consolidator of the research industry. Malcolm will bring energy and
talent to this role.



"We have recognised that the research space comprises several hundred
privately-owned "boutique" firms which have excellent intellectual resources but
limited or no sales expertise.  Through IN Research, we will identify the best
of these firms and allow them to leverage the IN Research sales channel as well
as our extensive offshore, cost-effective, research resource. Focusing our
attentions on earnings-accretive firms, we will identify the best amongst them
for acquisition and full integration into the Group."



"All products will potentially be made available through our existing
distribution network which comprises Reuters, Bloomberg, FactSet and BNY
Jaywalk, as well as through our own portal which we are preparing to launch this
summer, The Research OracleTM (Original Research Available in a Continuous Live
Environment)."





Malcolm Donaldson commented: "The research space has been changing rapidly and
few independent firms are embracing these changes with the inventiveness and
originality of IIR.  I am very excited to be committing to this company and
playing a key part in making sure that its potential is fully realised".



With the appointment of Malcolm Donaldson as executive director, a vacancy
exists for a second non-executive director.  The Group expects to make an
announcement shortly in this regard, and this appointment will complete the new
Board and management line-up for execution of the next stage in the Group's
growth strategy.





-ENDS-



For further information please contact:
Shane Smith, Chairman and CEO, Independent   [e-mail]    [phone]
International Investment Research PLC



Nandita Sahgal
Insinger de Beaufort                                                     [phone]

Notes to editors:

Independent International Investment Research PLC ("Independent II Research")
(LSE:IIR) is the UK's leading source for impartial research and strategy for
global equities and foreign exchange.



The company was admitted to the Alternative Investment Market (AIM) of the
London Stock Exchange in 2000, and operates through two subsidiaries: Pronet
Analytics.com Limited (Regulated and Authorised by the Financial Services
Authority in the UK, and registered as an Investment Advisor with the Securities
Exchange Commission in the USA) which has been ranked consistently in the global
top-five independent currency research firms; and Independent Research Pvt
Limited, its research centre in Mumbai, India.  The Group has become the leading
specialist in the United States for the provision of research on non-US
companies (primarily those with American Depositary Receipt programs).



The company is headquartered in London, with research and development facilities
operating in China and India.  Key distribution partners are BNY Jaywalk, Inc.,
Reuters PLC, Institutional Research Services, Inc., and Bloomberg LP (PRON  )
as well as a number of specialist distribution partners in China who are focused
specifically on introducing FX research services to the rapidly developing
currency markets in that country.



From March 2007, the Group introduces a new umbrella brand for its sales
channel: IN Research, to capture the values of research which is
INcisive-INnovative-INternational-INdependent-INdispensible-INspired.



IN Research:
INcisive-INnovative-INternational-INdependent-INdispensible-INspiredTM










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