19th Nov 2008 07:00
Oxford Advanced Surfaces Group plc - Directorate change
19 November 2008
Oxford Advanced Surfaces Group plc ("OAS" or the "Company") announces that David Norwood, Non-Executive Director, will step down from the Board with effect from 31st December 2008. At the same time, David will be giving up all of his business interests, including stepping down from the Board of IP Group plc and its other portfolio companies of which he is currently a director, to pursue a career outside the business sector.
David said: "I am very proud of what we have achieved so far at OAS and believe that the Company has a great future".
Jeremy Scudamore, Chairman of OAS, commented: "I have enjoyed working with David since the Reverse Acquisition of OAS (formerly Kanyon plc) in December 2007 and would like to thank David for his important contribution to the development of OAS and to wish him every success for the future".
Enquiries:
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Oxford Advanced Surfaces Group Plc |
Tel: +44 (0)1865 845807 |
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Marcelo Bravo - Chief Executive |
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Novum Securities Limited - Broker |
Tel: +44 (0)20 7562 4700 |
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Henry Turcan Michael Brennan |
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Zimmerman Adams International Limited - Nominated Adviser |
Tel: +44 (0)20 7398 2900 |
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Ray Zimmerman/Jonathan Evans |
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Notes to Editors
Oxford Advanced Surfaces Group plc
Oxford Advanced Surfaces Group plc develops and commercialises advanced materials and technology solutions leveraging breakthrough surface modification technology.
Onto™ technology exploits highly reactive chemistry allowing the rapid and convenient modification of the surface properties of a wide range of materials with a high degree of control over processing parameters. Onto™ can be applied using standard commercial coating and curing techniques and is a versatile, effective, yet simple approach to deliver intelligent advanced materials. This delivers permanent, dramatic and highly valuable changes to surface functionality.
The company is working with commercial partners to develop applications in the industrial, consumer, electronics, alternative energy and biomedical sectors. OAS was originally spun out of Oxford University in the United Kingdom and is now listed on AIM.
Website: www.oxfordsurfaces.com
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