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LibertyOne Exits Continue

[Sydney, AUSTRALIA] Liberty0ne's chief financial officer Jack Surdoval has become the latest in a line of staff to exit the Web media developer company, resigning after a brief eight months with the company.

Surdoval was appointed last November to oversee the company's proposed capital raising via a listing on the Nasdaq exchange. However, in a statement to the Australia Stock Exchange, LibertyOne said in light of its recent decision to postpone its Nasdaq listing, Surdoval has decided to pursue other business interests.

Last week, LibertyOne officially called off its third successive attempt to list on the Nasdaq, surrounded by repeated denials of takeover attempts by Sausage Software and then U.S. based CyberSentry, and a major executive reshuffle which saw an exodus from Web design firm Zivo.



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