11th Dec 2006 15:25
Sarantel Group PLC11 December 2006 Sarantel Group PLC ('Sarantel') Directorate Changes Sarantel is pleased to announce the appointment of Mr Ernest Arthur Richardsonto the Board of Sarantel as Non Executive Director with immediate effect. On theappointment, Mr Matt Taylor and Mr David Ward will retire from the board. Ernie, aged 56, is a graduate Chemical Engineer and Chartered ManagementAccountant. He is the CEO and Managing Partner of MTI Partners, the privateequity firm, and is also a Director and Chairman of several of MTI's investeecompanies with a general focus on software and communications. At MTI he hasbeen responsible for a number of the firm's most successful transactions. Hebecame CEO & Managing Partner in 2003. Geoff Shingles, Non Executive Chairman of Sarantel commented: "I am delighted to welcome Ernie to the board of Sarantel. We are fortunate tohave his experience and skills available to us at this important stage of theGroup's development. Our thanks go to David Ward and Matt Taylor for theirsupport over the past few years and we wish them well for the future." Ernie is currently a Director of MTI Partners Limited, MTI Managers Limited, MTIVentures General Partner Limited, MTI Trustees Limited, MTI3 General PartnerLimited, MTI Executives Limited, MTIP Nominees Limited, MTI Executives 2Limited, MTI4 General Partner Limited, MTI Nominees Limited, The Message PadLimited, MMGS Limited, iBase Image Systems Limited, Digital CommunicationsTechnologies Limited, Chevin Software Engineering Limited, Message Plus Limited,Nu Holdings Limited, VegaStream Group Limited, and fsdc plc. In the past fiveyears, he has been a director of Sension Limited, Citel Technologies Limited,Viewgate Limited, Phocis Limited and Danum Group Limited. He was a Director ofthe following companies which went into liquidation: Pace Communications (UK)Limited, Integrated Vision Systems Limited, Switch Board Limited, TurnrightControls Limited, Turnright International Limited, IntegriSys Limited, DanumGroup Limited. There are no other disclosures which are required to be announced pursuant toparagraph (g) of Schedule 2 to the AIM Rules. For further information please contact: Sarantel Group PLC www.sarantel.comGeoff Shingles, Chairman/David Wither, CEO 01933 670560 Smithfield 020 7360 4900Sara Musgrave / Tania Wild Pictures are available for the media to view and download from www.vismedia.co.uk Notes to Editors: About Sarantel Sarantel designs, manufactures and sells patented, ceramic, filtering antennasfor use in portable wireless devices. These antennas allow a clearer signal thanconventional antennas whilst reducing the amount of energy absorbed by the bodyby approximately 90 per cent. They also simplify system design, thus allowingdesign standardisation and reduced time to market and cost for manufacturers.Sarantel's antennas significantly improve the performance of wireless systems byincreasing their range and effective bandwidth. The Company supplies antennas to the Global Positioning Satellite (GPS) market and the North American satellite radio market and Sarantel's antennas have beensuccessfully designed into Personal Navigation Devices (PNDs), laptops andPersonal Digital Assistants (PDAs). Sarantel's antenna technology is alsocapable of servicing multiple high volume markets such as Wi-Fi, 3G andBluetooth. Sarantel is listed on AIM, a market operated by the London Stock Exchange and isincluded in the IT Hardware sector (93) within the Telecommunications equipmentsub-sector (938) and has a RIC code of SLG.L This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
UK Oil & Gas