intY Appoints Mike Read as Chairman

Cloud channel aggregator, intY, has announced that it has appointed Mike Read, former CEO of Pipex and Director of Daisy Group, as chairman. Following the acquisition by Weather Investments II in July of this year, Read takes the helm at a pivotal moment in intY’s evolution and will add his wealth of experience to the management team in steering the company through this next phase of international growth, with its intY CASCADE platform.

Read takes up the position after joining the company as a non-executive director last year and brings with him over 30 years experience in the sector. Most notably, he ran the Nasdaq-listed, one of the largest US ISPs, before going on to build up UK ISP, Pipex Communications, leading it through successful acquisition, before exit.

Having headed-up a number of AIM listed and NASDAQ quoted companies, he brings an unrivalled understanding of the opportunities and challenges arising in the telecoms sector.

Mike Read, newly appointed chairman of intY, commented; “I’ve been meaning to retire for years, but intY’s market proposition is too good an opportunity to pass up!”

“I like technology arenas that are constantly evolving. I have been inspired by intY’s business model; its multi-application, product and service eco-system, intY CASCADE, is market disruptive and exciting. Driven by the market the company is perfectly placed for substantial growth over the coming months. I am very happy about where the company is headed and keen to demonstrate what I have to offer – a fresh pair of eyes on the marketplace and further strengthening relationships with our new shareholders.”

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