Corven recruits again as revenue increases

Appointment of Australian graduate Sophia Banks at three-year-old Corven Group, specialist consulting and ventures company. Will be dedicated to marketing both the branding of the Group in UK and Europe, and also promotion of three divisions of company, Corven Partners, Corven Excelsis and Corven Ventures.

CORVEN RECRUITS AGAIN -- AUSTRALIAN GRADUATE JOINS TEAM

Specialist consulting and ventures organisation, Corven Group has secured yet another person to join its consulting team. Sophia Banks, an Australian graduate, has been recruited to strengthen the marketing group further as the three-year-old company continues its rapid growth, in both profits and employee numbers.

Before Corven, Sophia worked with Saloman Smith Barney, where, among other responsibilities, she compiled a marketing strategy for the companys websites and worked as a research assistant.

"We consider that strategic marketing is an extremely important element in the operation of our business as we move forward", said co-founder, James Basden. "We are delighted to have someone of Sophias calibre working with us, and look forward to her working on developing Corvens branding in the UK and Europe ."

Said Sophia of her appointment, "Corven is a progressive and dynamic organisation, which acknowledges the initiative and ambition of its staff and so will give me the chance for career advancement. I am extremely happy to be part of such a talented and entrepreneurial team in a company that is definitely 'on the up.

As well as helping to market the Group as a whole, Sophia will be responsible for highlighting the strengths and achievements of the three other divisions of the firm, Corven Partners, Corven Ventures and Corven Excelsis.

Ends

Further information: Sophia Banks, Corven Group Ltd, 118 Piccadilly, London W1J 7NW. Tel: 020 756 96749. E-mail: sophia.banks@corven.com. www.corven.com.

Press information: Jacquie Warner, Marketing Communications. Tel: 01638 724171 E-mail: jacqueline.warner@corven.com

NOTES TO EDITORS

Corven Group

Corven originates from a simple idea that wealth usually comes not from searching for new lands but from seeing with new eyes. For Corven that means not necessarily engaging in the risky game of mergers and acquisitions but looking instead for new sources of revenue, even new businesses, from an existing asset base. This is the premise on which Corven is founded.

Corven enables other businesses to grow through looking at what they already own in new and innovative ways. Corven has built a group of companies capable of integrating the ideas, the people and the capital required to succeed -- through Corven Partners, a management consultancy that serves over ten percent of the FTSE100; Corven Ventures, a private equity firm that makes investments up to 5 million; and Corven Excelcis, a search firm that finds senior entrepreneurial managers.

The Company was recently selected as one of four finalists in the prestigious Real Business/CBI Growing Business Awards. It was short-listed for the Most Promising Young Company award for having developed a company from start-up to commercial success.