MCKINLEY INVESTMENTS INVITES
CHRIS HOLLY TO JOIN THE TEAM

BOURNEMOUTH, UK – (1st April 2002) – McKinley Investments, a private equity investment partnership based in Bournemouth, today announced that Chris Holly has joined the organisation as a partner.

Holly strengthens the McKinley Investments partnership in terms of identification of target businesses that match the partnership’s criteria for investment. In accordance with the strategic objectives of McKinley Investments, he will be a key player in the development of the existing management team. In particular, his responsibility will be revenue generation in niche markets, undertaking competitive analysis, defining sales organizations and processes, and mentoring. His experience enables him to apply professional standards of customer service, to deliver training, target setting in line with forecast growth, and pipeline management.

Holly joins from a start-up eSecurity company, where, as CEO, he was responsible for setting the company direction and securing additional funding. Over 16 years, he has held a number of senior executive roles in IT and start-up businesses and brings a wealth of experience to sales, marketing, business development, and strategic planning, in particular.

Holly initially came to the UK in 1986 to establish a European HQ for a major US manufacturer supplying the graphics arts market. He then founded a start-up system integrator in the UK and his career has enabled him to develop significant knowledge of the advertising, publishing and media industries. He created an international sales & marketing framework for a leading UK software developer establishing and managing a distribution network in EMEA, Australia-Asia and Japan.

“Chris’ proven track record in both establishing and leading several growth businesses, combined with his expertise in sales management complements our existing partnership team,” said David Townend, managing partner. “We are delighted he has agreed to join us.”

“I am very excited to be joining McKinley Investments,” said Chris Holly. “I have worked with David and Tony (finance partner) for many years, and am keen to contribute to the future growth and success of the partnership and our portfolio companies.”

ABOUT MCKINLEY INVESTMENTS

Headquartered in Bournemouth, UK, McKinley Investments is a private equity investment partnership focusing on start-up and smaller UK businesses. They have established credible differentiation by investing their own private money and, further, providing additional value in the form of business experience. The partnership’s combined extensive experience and investment focus in the IT industry allows them to provide pro-active hands-on consulting, guidance, and entrepreneurial advice as well as valuable industry contacts.

For further information, please visit http://www.mckinleyinvestments.co.uk