Michael Jackson, aged 58, has invested in smaller companies and the technology sector for the past 20 years. He qualified as a chartered accountant with Coopers & Lybrand and spent 23 years as a director of Sage, the last 15 years as chairman. During that time Sage's capitalisation rose from approximately £1 million to its current level of nearly £3 billion.
Jackson – no relation to the singer - is founder and chairman of Elderstreet Investments, which is best known for its investment in young, ambitious technology businesses.
Carsten Brinkschulte, CEO of Synchronica, said: “We are very pleased to welcome Michael to the Board. Michael’s experience in the technology and smaller company arena will play a key role in Synchronica’s growth and transition into profitability. His appointment is an acknowledgment of the fact that Synchronica is well placed to benefit from the growth of data services for mobile phones in the emerging markets as the number of networks and subscribers using our technology grows.”