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Tuesday, 23 December 2003
+++ Announcement of the Board of Directors
of INTRACOM +++
The Board of Directors of INTRACOM
announces the resignation of Mr. Ê. Dimitriadis from
the position of Vice President of the Company as well
as from the positions he held in the management of other
significant companies of the INTRACOM Group.
Mr. Dimitriadis' intention to resign
was already known by the Management of the INTRACOM
Group of Companies, however it was materialised exclusively
at his own initiative and desire.
Mr. Dimitriadis, who was among the
Company's founders and who determinately contributed
to its development and brilliant growth will remain
at its side as one of the major shareholders and factors.
The President and the Members of the
Board of Directors of INTRACOM fully acknowledge
Mr. Dimitriadis' work and warmly thank him for his great
and decisive contribution in the development and growth
of the INTRACOM Group of Companies.
Mr. K. DIMITRIADIS' Statement
Following the recent resolutions and
developments concerning the Management of INTRACOM and
of the Group in general, I believe that my further active
participation in INTRACOM as well as in the management
of the Group's other companies is no longer necessary.
Therefore, I took the decision, which
was not easy, but which had been on my mind for quite
some time - to resign from the positions I held in the
management of the Group's large companies, thus facilitating
the promotion of new, competent managers.
Regardless of this development, I
will remain one of the major shareholders of the company
and I will support its further course.
This decision is not only based on
the obvious sentimental reasons, but also because I
am certain that the Company's first rate infrastructure
in combination with the excellent work ethic and competence
among its management at all levels, and the accumulated
technical expertise - both the result of tireless collective
work spanning almost 30 years - provide unquestionable
guarantees for its positive future prospects.
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