19th Oct 2011 07:00
19 October 2011
TYRATECH, INC.
("TyraTech" or the "Company")
TyraTech appoints a Head of European Operations
TyraTech, Inc. (AIM: TYR), a natural life sciences company, is pleased to announce the appointment, effective immediately, of David Paton as Head of European Operations. This appointment signals the commencement of European operations for TyraTech following the granting of the first registrations in Germany and in anticipation of further registrations in France and the UK.
Having pioneered a number of successful transformations within leading FTSE companies, David joins us with an extensive background in operational management and building dedicated strategically focused teams. Over many years David has built a reputation within industry for reliability and creativeness in providing operational support to partners such as Microsoft, Sky and Pearson.
David will be responsible for all retail and commercial development opportunities within Europe focusing on key brand partnerships. He will also be responsible for establishing a European office ahead of further product approvals so as to ensure TyraTech fully supports its future partners without interruption. TyraTech is presently evaluating a number of locations for this office.
Executive Chairman Alan Reade commented "David joins at an exciting period for the Company as it takes on the challenge of introducing its products into new and important markets we expect to update the market shortly with further developments".
For further information please contact:
TyraTech Inc.
Alan Reade, Executive Chairman
Tel: +1 919 415 4310
Peter Jerome, Chief Financial Officer
Tel: +1 919 415 4280
Brewin Dolphin Limited, Nominated Advisor
Robert Beenstock
Tel: +44 207 248 4400
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