IDE Group Holdings Plc announced that Ian Smith has joined the Board with immediate effect in a part time executive capacity to lead the Group's strategic and operational review. Julian Phipps has stepped down from the Board with immediate effect. Ian has an extensive track record of investing in and managing technology companies and is co-founder and CEO of MXC Capital. Ian has sat on numerous boards and either led or been involved in a large number of transactions in the TMT sector. Ian led strategic change and value accretion at Redstone plc and Accumuli plc and was previously deputy executive chairman and CEO at Castleton Technology plc.