17th Jul 2007 07:00
Xaar PLC17 July 2007 FOR IMMEDIATE RELEASE 17 July 2007 Xaar plc APPOINTMENT OF RESEARCH & DEVELOPMENT DIRECTOR Xaar plc ("Xaar" or "the Company"), the inkjet printing technology groupheadquartered in Cambridge, is pleased to announce that Mr Ramon Borrell hasbeen appointed Research & Development Director and a Director of the Companywith effect from 27 August 2007. Steve Temple, currently Technical Director,will be stepping down from the board and from full time employment with thecompany at the end of September but will continue to advise Xaar as a consultantand in particular will work with Mr Borrell over the balance of this year toensure a smooth hand-over. Ramon Borrell, aged 43, is a Spanish citizen. He will be joining Xaar fromHewlett-Packard ("HP") where he has worked since 1994. Most recently he has beenSenior New Product Development Manager within HP's Large Format PrintingDivision which develops large format inkjet printing machines for saleworld-wide. Immediately prior to that appointment, Ramon was Director ofTechnology Strategy and R&D Chief Product Architect for the same HP division. Heis a Member of the Imaging Science and Technology Society where he was electedas Vice President and Secretary of the Board of Directors in 2006. Steve Temple has been with Xaar since its inception in 1990 and has been theprincipal architect of its world-leading inkjet technology. Under his technologyleadership, Xaar has registered more than 90 patents. More recently he hasfocused his attention on establishing a technology roadmap to enable Xaar towiden its range of potential markets, and is the inventor of Xaar's uniquePlatform 3 product which was launched earlier this year. Ian Dinwoodie, Chief Executive commented: "I would like to express our warmest thanks to Steve Temple for the hugecontribution he has made to Xaar since joining the company at its inception in1990. His vision, expertise and tireless leadership have given Xaar a technologywhich is second to none in the world of inkjet printing and helped to establishCambridge as a world centre of excellence for all things inkjet related. We wishhim and his family every success in his next venture." "We are pleased to welcome Ramon Borrell to Xaar and him and his family to theUK. He has extensive knowledge of inkjet technologies and their marketplace andhas already demonstrated his ability to lead a sizeable technology developmentgroup in a major global enterprise. We look forward to his leadership as wecontinue to convert technology inventions into commercial products." Contacts Xaar plc: 01223-423663Ian Dinwoodie, Chief Executive www.xaar.co.ukNigel Berry, Group Finance Director & DeputyChief Executive Bankside Consultants:Steve Liebmann or Simon Bloomfield 020-7367-8883 / 07802-888159 Additional information: There is no information concerning Ramon Borrell Bayona which requiresdisclosure under Rule LR 9.6.13 of the UK Listing Authority Listing Rules. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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