LONDON, May 24, 2011 /PRNewswire/ --
"It is no secret that Dr Martin Coward and his estranged wife, Ms Elena Ambrosiadou, are involved in an acrimonious divorce. IKOS was co-founded by them in happier times and is now embroiled in their dispute.
Ms Ambrosiadou remains the C.E.O of IKOS. The Press release issued by IKOS earlier today gives an account of the dispute between them which Dr Coward does not recognize. He strongly denies the alleged wrongdoing,
Dr Coward very much regrets that IKOS and Ms Ambrosiadou should have felt it appropriate to issue a press release in such contentious terms. It reinforces his long-standing desire to see the earliest possible end to the whole dispute.
He has previously proposed that the parties should refer their differences to mediation or arbitration to enable all their existing disputes in different jurisdictions to be determined before the same tribunal as speedily as possible. For his part he would be more than happy to agree to a summary of the award being made available to the press. To date Ms Ambrosiadou and IKOS have declined to take up the offer of mediation or arbitration. Dr Coward regrets this and invites them to reconsider their position."
SOURCE Bell Yard Communication Ltd