Provenco: Robert Bryden to the board of directors

4 December 2006

Provenco Group appoints Robert Bryden to the board of directors

Provenco Group Limited (NZX:PVO) has appointed Robert Bryden as a director of the company. Mr Bryden is managing director of Todd Capital Limited.

Provenco chairman David Wolfenden said he was delighted that Mr Bryden had accepted the invitation to join the company’s board.

“Robert brings a real breadth and depth of experience to the board. When Todd Capital decided to invest in Provenco it was discussed and agreed they would have the right to appoint a director. Todd Capital has a 15.8% shareholding in Provenco,” said Mr Wolfenden.

Mr Bryden joined the Todd Group in 1988. He is currently a director of Sky TV, Landco and Crown Castle Australia. Mr Bryden’s past directorships include CLEAR Communications, AAPT, Power NZ, WEL Energy Group and Metlifecare.

Mr Christopher Morrison of Todd Capital has been appointed an alternate director for Mr Bryden.

The appointment is effective as of today.
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About Provenco
Provenco is a New Zealand-founded technology company operating globally with customers in over 20 countries. Listed on the New Zealand stock exchange (NZX: PVO), the company has a number of international offices including those in Beijing, Kuala Lumpur, Melbourne, Sydney and Brisbane.

After more than 30 years on the technology scene, Provenco has evolved into a sound and diverse company. With a heritage in Eftpos and payment solutions, Provenco’s business now extends across a range of technology applications for the retail environment.

The company’s growing diversity is reflected in each of the key areas of its operations today – providing forecourt solutions for the international retail oil industry; EFTPOS payment and retail technology in the domestic New Zealand market; and distribution of retail, barcoding and mobile & wireless technology in Asia-Pacific.

Provenco’s tailored solutions for retail business environments use a combination of internally-developed software and hardware, as well as top international brands.

ENDS

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