Catenae Innovation Plc announced that Nick Delacamp has tendered his resignation as an employee of the Company and as a member of the board of Hyperneph Software Limited ("HSL"), the Company's 51% subsidiary. He will continue as a consultant to Catenae to assist with ongoing and prospective client contracts. John Farthing, the Company's Chief Financial Officer, will be appointed to the board of HSL to fill the role left by Nick Delacamp.

The Company remains in dispute with certain shareholders of HSL.