Flomerics Group PLC
09 September 2005
FOR IMMEDIATE RELEASE 09 September 2005
FLOMERICS GROUP PLC
Board Appointment
The Board of Flomerics Group PLC is pleased to announce that Gary Carter, who
joined the company in January 2005 as Chief Operating Officer, has been
appointed as Chief Executive Officer with immediate effect. This is the
culmination of the previously announced intention to ensure a smooth transition
of the management of the Company.
David Tatchell the co-founder of the company and Chief Executive since 1989 will
move into the role of Chief Technology Officer enabling the Company to continue
to benefit from his invaluable depth of knowledge of the Company's products and
underlying technology.
Flomerics Group recently announced Interim results for the six months ended 30
June 2005. Turnover for the six months ended 30 June 2005 was up 19% at £5.3
million (2004 : £4.4 million) (excluding contribution from the MicReD
acquisition, turnover up 13% at £5.0 million) and a record profit (before tax
and amortisation of goodwill) for the half year of £380,000 (2004 : £65,000
loss).
For further information, please contact :
Flomerics 020 8487 3000
David Mann, Non-executive Chairman
Chris Ogle, Finance Director
Buchanan Communications 020 7466 5000
Nicola Cronk / Frances Adigwe
This information is provided by RNS
The company news service from the London Stock Exchange