22nd Jul 2009 07:00
Immediate Release |
22 July 2009 |
Corac Group plc ("Corac")
Change of advisor
Corac (AIM: CRA) is pleased to announce the appointment of JM Finn Capital Markets Limited ("FinnCap") as Nominated Advisor and sole Broker with immediate effect.
For further information please contact:
Corac Group plc |
01895 813463 |
Professor Gerry Musgrave, Executive Chairman |
|
Philip Newell, Finance Director |
|
FinnCap |
020 7600 1658 |
Geoff Nash, Corporate Finance |
|
Marc Young, Corporate Finance |
|
Brian Patient, Sales |
|
Buchanan Communications |
020 7466 5000 |
Richard Darby/Ben Romney |
NOTES TO EDITORS
Corac is an engineering and technology company developing and patenting innovative solutions utilising its compact, high power compressors based on its unique expertise and technology including oil free air bearings, high speed motors and power electronics.
Corac's pre-production, energy efficient compressors are supercharging existing industrial air compressors used in the food and beverage industry. Corac is also part of a joint industry programme with major gas operators to deploy Corac's technology in waning natural gas wells to increase the amount and rate of gas extraction.
Further information on Corac is available on the internet at www.corac.co.uk
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