10th Mar 2006 16:00
XP Power PLC10 March 2006 10 March 2006 XP Power plc ("XP" or "the Group") Director Resignation XP announces that Steve Robinson, Managing Director Europe and Frank Rene,President Global Product Development are stepping down from the Board and theGroup with effect from 10 March 2006. The responsibilities of these two directors will be reallocated amongst theother personnel within the Group. - Ends - Enquiries: XP Power plc 0118 984 5515 Larry Tracey, Executive ChairmanJames Peters, Deputy ChairmanDuncan Penny, Chief Executive Officer Weber Shandwick Square Mile 020 7067 0700 Nick Dibden 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 servicing thismarket XP Power provides investors with access to technology and industrialmarkets through its 8,000 strong customers in the profitable, high margin,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 number ofsmall to medium sized Original Equipment Manufacturers who source standard andmodified standard power supplies from several hundred power supply companies. For further information, please visit www.xppower.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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