19th Apr 2006 16:40
For immediate release 19 April 2006 XP Power plc ("XP") Appointment of non-executive director XP announces the appointment of Paul Dolan as a non-executive director withimmediate effect.Paul (age 54) joined Touche Ross as a chartered accountant in 1979 becoming apartner in 1980. He retired from the partnership in 2004. Paul specialized inaudit and assurance often acting as lead advisor to clients and acted as thelead partner on the XP account until his retirement in 2004.Paul worked for over 20 years with listed and large private companies in thetechnology, distribution and manufacturing sectors. He was involved in advisingon stock exchange listings, acquisitions, disposals, reconstructions andcorporate governance matters.Larry Tracey, Executive Chairman, said: "We are delighted to welcome Paul tothe Board. He brings a wealth of experience with him and is already very wellacquainted with XP's business".There is no additional information to be disclosed in relation to the ListingRules. - Ends - Enquiries:XP Power plc 0118 984 5515Larry Tracey, Executive ChairmanJames Peters, Deputy ChairmanDuncan Penny, Chief Executive OfficerWeber Shandwick Square Mile 020 7067 0700Nick DibdenAppendix:Notes to editors:XP Power plc provides power supply solutions to the mid-tier market of theelectronics industry.All electronic equipment needs a power supply. Power supplies convert theincoming AC supply into various levels of DC voltages to drive electroniccomponents and sub-assemblies within the end user's equipment. By servicingthis market XP Power provides investors with access to technology andindustrial markets through its 8,000 strong customers in the profitable, highmargin, mid-tier sector of the North American and European markets.The mid-tier of the market is highly fragmented and made up of a large numberof small to medium sized Original Equipment Manufacturers who source standardand modified standard power supplies from several hundred power supplycompanies.For further information, please visit www.xppower.comENDXP POWER PLCRelated Shares:
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