6th Aug 2008 07:00
FLOMERICS GROUP PLC
("Flomerics" or the "Company")
Board Changes
Flomerics, the global supplier of specialist simulation software for electronics and fluid flow simulation, announces that, following the offer for the Company by Mentor Graphics Corporation ("Mentor") becoming wholly unconditional and the Company's application for cancellation of admission to AIM, David Mann has stepped down from his role as Non-executive Chairman and Tom Rowbotham and Peter Teague have stepped down from their roles as Non-executive Directors with immediate effect. Furthermore, Maria Pope and Dean Freed, both senior employees of Mentor have been appointed to the Board as Non-executive Directors with immediate effect. Further details of these appointments are set out below.
Maria MacGregor Pope (aged 43), Vice President and Chief Financial Officer of Mentor
Current Directorships
Portland General Electric
TimberWest Forest Corp.
EverCAD Software Corp.
Premera Blue Cross
Previous Directorships
Subsidiary Companies of Pope & Talbot, Inc.
Dean MacLean Freed (aged 50), Vice President and General Counsel of Mentor
Current Directorships
Mentor Graphics (Canada) Limited
Mentor Graphics (Ireland) Limited
Mentor Graphics (Holdings) Limited
Mentor Graphics Development (Ireland) Limited
Mentor Graphics Development Services Limited
Mentor Graphics (UK) Limited
Volcano Communications AB
Mentor Graphics (Scandinavia) AB
Mentor Graphics (France) Sarl
Meta Systems Sarl
Sierra Design Automation Sarl
Mentor Graphics (Schweiz) AG
Mentor Graphics (Netherlands Antilles) NV
Mentor Graphics (Netherlands) BV
Mentor Graphics (Deutschland) GmbH
Mentor Graphics Development (Deutschland) GmbH
Mentor Graphics (Finland) Oy
Mentor Graphics Polska Sp. Zoo
Mentor Graphics (Egypt)
Mentor Graphics Magyarorszag Kft
Mentor Graphics (Israel) Limited
Mentor Graphics (Espana) SL
Mentor Graphics (Asia) Pte Ltd
EverCAD Software Corp.
Mentor Korea Co. Ltd.
Mentor Graphics (Japan) Co. Ltd.
Mentor Graphics (Shanghai) Electronics Technology Co. Ltd.
Mentor Graphics (India) Private Limited
Mentor Graphics (Sales and Services) Private Limited
Sierra Design Automation Pvt. Ltd (India)
Mentor Graphics Pakistan Development (Private) Limited
Mentor Graphics Development Services CJSC
Previous Directorships
Subsidiary Companies of Mentor Graphics Corporation
There is no other information that is required to be disclosed pursuant to Rule 17 and schedule 2 paragraph (g) of the AIM Rules for Companies.
Enquiries:
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Flomerics Group PLC
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Tel: 020 8487 3000
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Gary Carter
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Keith Butcher
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Oriel Securities Limited
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Tel: 020 7710 7600
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(Nominated Adviser and Corporate Broker to Flomerics)
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Andrew Edwards
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Michael Shaw
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Citigate Dewe Rogerson
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Tel: 020 7638 9571
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Ginny Pulbrook
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Seb Hoyle
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