TIDMAXS
RNS Number : 9156V
Accsys Technologies PLC
20 July 2009
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AIM: AXS
NYSE Euronext Amsterdam: AXS
Accsys Technologies PLC
("Accsys" or "the Company")
Board Changes
Accsys announces that Finlay Morrison has stepped down as Chief Executive
Officer of the Company with immediate effect.
Paul Clegg, an existing director of the Company, has been appointed as Chief
Executive Officer of the Company with effect from 1 August 2009.
Following this transition, and later in the year, Willy Paterson-Brown will
assume the role of non executive Chairman.
Following recent announcements regarding increased capacity in Arnhem and
related improved efficiencies in the production process, together with the
advances made regarding the engineering design, the Company believes it is now
ready to move ahead with the next stage of the development of the business.
Management changes reflect this new focus.
Willy Paterson-Brown stated, "We are extremely grateful to Finlay Morrison for
all his hard work and efforts for the Company, particularly in contributing to a
series of manufacturing improvements and we wish him well in the future. I would
like to welcome Paul Clegg as our new Chief Executive Officer. Paul has been
involved with the Company since last year and is well positioned to lead the
next chapter of our development and I look forward to working closely with him
during this transitionary period."
-ENDS-
For further information, please contact:
+----------------------+-------------------------------------+--------------------+
| Accsys Technologies | William Paterson-Brown, | +44 20 8150 8835 |
| PLC | Chairman | |
| | | |
+----------------------+-------------------------------------+--------------------+
| Matrix Corporate | Stephen Mischler | +44 20 3206 7000 |
| Capital LLP | Anu Tayal | +44 20 7653 9850 |
| Threadneedle | Graham Herring | |
| Communications | Josh Royston | |
| | graham.herring@threadneedlepr.co.uk | |
| | josh.royston@threadneedlepr.co.uk | |
+----------------------+-------------------------------------+--------------------+
| | | |
+----------------------+-------------------------------------+--------------------+
| Citigate First | Wouter van de Putte | + 31 20 575 4080 |
| Financial B.V. | Laurens Goverse | |
+----------------------+-------------------------------------+--------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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