Neller Pty Ltd

Neller; leading provider of on-demand people management software, today announced the appointment of Mr. Philip Speakman as Chairman and Mr. Geoffrey Murdoch as non-executive director to its newly formed board.

The new board, which includes Neller managing director David Page, is the final step in a management restructure for the Adelaide based technology company, following the recent Management buy-out and substantial investment by ANZ Capital.

Philip Speakman, is best known in Adelaide circles as the founding director of Philip Speakman & Associates, a leading South Australian executive recruitment firm in the late 80's and 90's which was eventually acquired by Select Recruitments Plc in 1998. Mr. Speakman is currently a senior advisor to KPMG in Adelaide and sits on the board of the Art Gallery of South Australia.

Geoffrey Murdoch, based in Melbourne, has a broad range of strategic, financial and operational capabilities. Mr. Murdoch spent 18 years with Ernst & Young including partnership for seven years in Melbourne and San Francisco. Mr. Murdoch is currently a non-executive director of a $450m market capitalisation company, WHK Group Limited, Chairman of the Audit Committee and maintains his registration as a company auditor with ASIC.

"Both Philip and Geoff bring skills to the table that will be invaluable as we execute a more aggressive strategy for growth over the coming years", said managing director, David Page.

For over 30 years, Australian owned Neller has been a leading provider of advanced workforce management solutions for medium to large organisations in Australiaand New Zealand. Its leading product, Preceda is a fully integrated, On Demand, web based workforce management system that enables organisations to provide accurate, timely and optimum management of their workforce. On Demand deployment of Preceda lowers IT costs, simplifies access to employee information for both employees and management and integrates easily with other business web services.

Neller was awarded "Best On Demand Solutions Offering" in the Asia-Pacific region by IBM in 2006 and "Award for Excellence - Service" by The Collins Food Group in 2007.

ANZ Capital has been operating since 2000 and has invested more than $300 million in 60 companies in Australian and New Zealand. ANZ Capital invests in growing companies and provides funding for growth, acquisitions, and buy-outs, with a focus on businesses with high quality management teams.

Media Release - Neller Board Announced

6 August, 2007