APC Technology Group PLC Appointment of Business Development Director
August 31 2017 - 2:01AM
RNS Non-Regulatory
TIDMAPC
APC Technology Group PLC
31 August 2017
31 August 2017
APC TECHNOLOGY GROUP PLC
("APC" or the "Company")
Appointment of Phil Lancaster as Business Development Director
and signing of new distribution lines
APC Technology Group PLC (AIM: APC), the provider of design,
specification and distribution services for specialist electronic
components, products and systems, announces the appointment of Phil
Lancaster to the role of Business Development Director. In this new
role Phil, the longest serving member of the Board, will use his
extensive industry knowledge to drive the Company's growth plans by
introducing new supplier partnerships to extend the range of
products and services offered.
For three decades APC has built long-standing customer
relationships in hard-to-penetrate market segments including UK
defence, aerospace and oil and gas. For the last ten years, the
company has also enjoyed growth within financial, commercial real
estate and industrial markets.
Acting as a UK marketing, sales and distribution portal for
best-in-class rest of world component and system manufacturers, APC
creates value for its technology partners and end-customers through
its market and product knowledge, engineer-to-engineer technical
sales expertise and extensive experience managing import and
logistics requirements.
Since Phil took up this post, three new UK distribution
agreements have already been secured which expand the company's RF
and Microwave and High Reliability product portfolios:
-- Signal Microwave designs and manufactures RF and microwave
connectors for the signal integrity and high speed digital markets.
Moving beyond the technology developed by traditional microwave
connector manufacturers, Signal creates innovative new connector
and circuit board products which improve the price and performance
options available to equipment manufacturers.
-- Crystek is a high performance technological world leader in
RF, microwave and frequency control industries. Crytek's highly
trained engineers provide the research, development, and technical
support to develop high quality customised products that serve a
diverse customer base with complex needs.
-- Datel is a long established world leader in data acquisition
products recognised for their innovation and reliability in meeting
the requirements of the most demanding applications. The company is
a key supplier for instrumentation and high precision applications
including those in APC's traditional high reliability markets.
Phil Lancaster said: "This is an exciting new era for APC. APC's
business creation model is an ideal proposition for overseas
manufacturers where a highly technical and focussed sales approach
is required. We have a long-standing track record of increasing
sales by introducing proven technologies to UK manufacturers whose
applications demand leading edge performance or high
reliability."
CEO Richard Hodgson said:
"I am very pleased that Phil has taken on this challenging and
crucial role. His knowledge of our industry and Company are
essential to us fulfilling our growth ambitions.
The fact that we have already signed three new distribution
deals with Signal Microwave, Crystek and Datel presents an exciting
start to this strategic programme to increase sales.
Further distribution agreements are under discussion, each of
which will enhance the complementary and synergistic nature of
APC's product offering and enable the Company to provide an even
more comprehensive solution to our UK customers."
Enquiries
APC Technology Group PLC +44 (0) 330 313 3220
Richard Hodgson, Chief Executive www.apcplc.com
Michael Thompson, Finance Director
Stockdale Securities Limited (Nominated Adviser and Broker) +44
(0)20 7601 6100
Mark Brown / Antonio Bossi / Edward Thomas
This information is provided by RNS
The company news service from the London Stock Exchange
END
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