Jovian Capital Corp. announced that, effective today, Donald Penny, chairman of Jovian’s audit and risk management committee, has been appointed as interim chairman of the board until a successor is appointed.

Penny replaces Thomas Rice as chairman of the board of Jovian. Rice will continue to serve as a director of Jovian.

Rice was the founder of Rice Capital Management Plus Inc., the predecessor company of Jovian, and of Rice Financial Group Inc., one of Jovian’s principal subsidiaries. During his 30+ years of stewardship, these entities grew to be successful financial services companies.

http://www.newswire.ca/en/releases/archive/June2007/26/c9209.html