Statement regarding Neil Pentland

On Tuesday 27th June Neil Pentland, the CEO of DecoNetwork was arrested and charged for a murder which occurred 20 years ago, prior to the foundation of DecoNetwork.

Mr. Pentland maintains his innocence of any involvement in the matter. Mr. Pentland has resigned from his position of CEO of DecoNetwork.

DecoNetwork is owned by a broad range of investors and these events will have no impact on the operations and financial stability of the company.

DecoNetwork has a deep and wide base of experience in the information technology and apparel decoration industries. Current Global Operations Manager Adam Pentland will be assuming the role of CEO effective immediately.

For further questions or clarification please contact

David Merson, Chairman DecoNetwork