27th Jan 2005 07:00
Turbo Genset Inc.27 January 2005 Thursday 27th January 2005 Board Appointment The Board of Turbo Genset, the producer of high-technology power generation andconditioning equipment, is pleased to announce the appointment of Mr Ross Sayersas a Non Executive Director with immediate effect. Ross Sayers has a wealth of experience in the Transport and Utility sectors,including roles as Executive Chairman of the State Rail Authority of New SouthWales, Executive Chairman of New Zealand Railways, Managing Director and ChiefExecutive of China Light and Power Limited, one of Hong Kong's largest listedcompanies and Executive Chairman of Innogy Holdings PLC until its acquisition byRWE. Ross is a fellow chartered accountant (NZ) and is currently a Non ExecutiveDirector of Interteck Group PLC, Network Rail and Chairman of the advisory panelfor Macquarie European Infrastructure fund. Colin Besant, Chairman said: "I am delighted to welcome Ross to the Board ofTurbo Genset, his track record in transport and utilities will be hugelyvaluable to the Company moving forward. " Mr Sayers currently owns no shares in the Company. There are no details to bedisclosed under paragraph 6.F.2 (b) to (g) of the Listing Rules of the UKListing Authority. - ENDS - For further information, please contact: Gavin Anderson & Company (PR) Tel: +44 (0)20 7554 1400Ken Cronin +44 (0)788 759 1499 Turbo Genset Inc Tel: +44 (0)20 8564 4460Colin Besant, Chairman Turbo Genset Inc CanadaRichard Kapuscinski, Business Development Tel: +1 (905) 690 1722 Website: www.turbogenset.com Seton Services Inc (IR) Tel: +44 (0)20 7727 3073Toni Vallen Email: [email protected] NOTES TO EDITORS About Turbo Genset Turbo Genset develops innovative products for power generation and powerconditioning. The Group was established in 1993 as a spin-off from ImperialCollege, London and was floated on the London stock exchange in July 2000 andsoon after obtained a secondary listing in Toronto. In July 2001, the Group acquired Intelligent Power Systems Limited (I-Power)specialising in power electronics. About Power Electronics Power electronics products take a range of power inputs and condition them toachieve outputs of precisely defined characteristics for applications such asindustrial lasers, Ultra Violet sterilization systems and railway powerelectronics systems. Forward Looking statements This news release contains forward-looking statements. Forward-lookingstatements include statements concerning plans, objectives, goals, strategies,future events, or performance, and underlying assumptions and other statementsthat are other than statement of historical fact. These statements are subjectto uncertainties and risks including, but not limited to, the ability to meetongoing capital needs, product and service demand and acceptance, changes intechnology, economic conditions, the impact of competition, the need to protectproprietary rights to technology, government regulation, and other risks definedin this document and in statements filed from time to time with the applicablesecurities regulatory authorities. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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