8th Nov 2007 10:30
Turbo Power Systems Inc08 November 2007 TURBO POWER SYSTEMS APPOINTMENT OF NEW CHAIRMAN Turbo Power Systems Inc ('TPS' or 'the Company'), the innovative electricalmachines and electronic systems provider, announces that Dr. Graham Thorntonwill become Chairman of the Company with immediate effect. Graham joined theBoard of Directors as a Non-Executive Director in June 2007 and will replaceProfessor Colin Besant who will remain on the Board as a non-Executive Director. Dr. Thornton, aged 59, has over 16 years' experience in the aerospace sector,working for market leading companies such as TRW Aeronautical Systems and theSmiths Group PLC. He is a chartered physicist and chartered mechanical engineeras well as a fellow of the Royal Aeronautical Society. Dr. Thornton is currentlythe Managing Director of Northrop Grumman UK. Commenting on the Board changes, Michael Hunt, CEO, said: "Graham brings awealth of knowledge and experience with him into the Chairman role that will beinvaluable as TPS continues to expand in its chosen markets and looks to developits production and service business. I would like to thank Colin for hisdedication, commitment and advice during his tenure as Chairman and look forwardto continuing to work with him in his role as a non-Executive Director." For further information, please contact: Turbo Power Systems Tel: +44 (0)20 8564 4460Michael Hunt, Chief Executive OfficerStephen Sadler, Chief Financial Officer Gavin Anderson & Company (PR) Tel: +44 (0)20 7554 1400Ken CroninMichael Turner KBC Peel Hunt Tel: +44 (0)20 7418 8900Oliver ScottGordon Suggett Company Website: www.turbopowersystems.com About Turbo Power Systems Turbo Power Systems Inc (AIM:TPS.L). is a leading UK based designer andmanufacturer of innovative power solutions. The Group's products are all basedon its core technologies of power electronics and high speed motors andgenerators and are sold into a number of market sectors including aerospace,rail, and various industrial sectors. The Company's products provide improvedefficiency and reduced energy consumption compared to existing technologies. Turbo Power System's existing customers include bluechip companies such asHamilton Sundstrand, Bombardier, The National Rail Equipment Company, EatonAerospace and Lotus. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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