Arc International PLC
21 June 2007
Media Contact: Financial Contact:
Lee Garvin Flanagin Juliet Clarke / Matt Dixon
ARC International Financial Dynamics
+1 408 437 3433 +44 20 7831 3113
lee.flanagin@arc.com juliet.clarke@fd.com
ARC International Appoints Steven Gunders
As Non Executive Director
ST. ALBANS, England, June 21, 2007 - ARC International (LSE: ARK) today
announced that its Board of Directors has appointed Steven Gunders to the Board
as a Non Executive Director. Gunders will become Chairman of the Remuneration
Committee and a member of the Audit Committee.
Steven Gunders is a qualified C.P.A. and holds an MBA from the University of
Chicago. A former partner with Deloitte and Touche, he has more than 35 years
of financial consulting experience. Most recently, Gunders was the global lead
consulting partner at Deloitte Consulting with a particular focus on private
equity clients' buy and build strategies both in the United States and
internationally.
Commenting on his appointment, Gunders said, "ARC has ambitious plans for growth
both organically and through acquisition, and I am delighted to be joining the
company at this exciting point in its history. I also look forward to working
with my fellow board members and ARC's executive team to help the company
achieve its long term strategic goals."
Richard Barfield, ARC's Chairman of the Board said, "As ARC continues to
experience rapid growth, Steven's international strategic business experience
and strong financial background will make a significant contribution to the
company. I am pleased to welcome Steven to the Board."
There are no details required to be disclosed under Rule 9.6.13 of the Listing
Rules of the U.K. Listing Authority.
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About ARC International plc
ARC International is the world leader in configurable media subsystems and CPU/
DSP processors. Used by over 140 companies worldwide, ARC's configurable
solutions enable the creation of highly differentiated system-on-chips (SoCs)
that ship in hundreds of millions of devices annually. ARC's patented
subsystems and cores are smaller, consume less power, and are less expensive to
manufacture than competing products.
ARC International maintains a worldwide presence with corporate and research and
development offices in Silicon Valley and St. Albans, UK. For more information
visit www.ARC.com. ARC International is listed on the London Stock Exchange as
ARC International plc (LSE: ARK).
ARC and the ARC logo are trademarks or registered trademarks of ARC
International. All other brands or product names contained herein are the
property of their respective owners. This press release may contain certain
"forward-looking statements" that involve risks and uncertainties, including the
development, implementation, and release of features described herein. These
are at the sole discretion of ARC International. For other factors that could
cause actual results to differ, visit the company's Website as well as the
listing particulars filed with the United Kingdom Listing Authority and the
Registrar of Companies in England and Wales.
This information is provided by RNS
The company news service from the London Stock Exchange