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Spread: 20.00 (3.922%)
Market Cap: £85.47m
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Board appointment

30 Aug 2005 10:03

Kiotech International plc30 August 2005 Press Release 30 August 2005 Kiotech International plc ("Kiotech" or "the Group") Board appointment Kiotech International plc (AIM: KIO), a biotechnology company focused on thecommercial exploitation of pheromone technology for the global commercialfishing and aquaculture markets, today announces the appointment of PeterLawrence as an Non-executive Director with immediate effect. Peter Lawrence has spent the last 20 years within the biotechnology andpharmaceutical sectors. He is currently Chairman of Lawrence plc, a specialistdeveloper, manufacturer and distributor of pharmaceutical products for theanimal health and farming markets. He is also a non-executive director ofBaronsmead VCT, First State Investments AIM VCT Plc and Higher Nature plc. Commenting on the appointment, John Loftus, Chief Executive of Kiotech, said: "We are delighted to welcome Peter to the Board of Kiotech International. Hebrings many years of experience in the animal health and farming markets.Furthermore his extensive knowledge of the feed market will help Kiotechposition itself as a leader in the aquaculture market." Peter Anthony Lawrence, aged 57, has been a director of the following companiesduring the past five years: Current Directorships Directorships held in the past five years Agil Limited Amberley Group Plc BH Products (Hanwell) Limited Blackfast Chemicals Ltd * H Haeffner & Co Limited Baronsmead VCT plc * Haeffner Industries Limited C-Corp Limited Idatchi Group Ltd Eco Animal Health Limited Ellelle Developments Ltd * Mineral & Technical Services (Belper) Limited Emmelle Developments Limited Petland Limited First State Investments AIM VCT Plc Ringpress Publishing Ltd Higher Nature PLC * The Colour Factory Limited Lawrence plc The Really Disposable Litter Tray Company Limited Metranol Chemicals Ltd Lawrence (2004) Limited (formerly Interpet Limited) Mikki Pet Products Limited Ravenspring Management Company Limited Petlove Limited * All part of Idatchi Group Limited which went into administrative receivershipon 26 September 2001. There is no other information that falls to be disclosed under Schedule 2paragraph (f) of the AIM Rules. - Ends - For further information, please contact:Kiotech International plcJohn Loftus, Chief Executive Officer Tel: 0208 289 1743john.loftus@ntlworld.com www.kiotech.com Media enquiries:AbchurchCharlie Jack/Samantha Robbins Tel: +44 (0) 20 7398 7700charlie.jack@abchurch-group.com www.abchurch-group.com Notes to Editors Kiotech is a biotechnology company providing pheromone technology for the fishfarming, commercial and sports fishing markets. The Company is working in partnership with the UK Government agency, The Centrefor Environment, Fisheries & Aquaculture Science (CEFAS), which specialises insustainable management of the aquatic environment. This partnership hasdeveloped innovative pheromone technology to improve both the production andsustainability of the worldwide commercial fishing and fish farming(aquaculture) markets. At present, the Company produces Ultrabite, an attractant sold to the sports andleisure fishing markets, which has achieved sales in over 30 countries,including the US, Australia and Japan. The range of products in development are aimed at the commercial fishing andaquaculture industries where Kiotech is well placed to supply the market withproducts that will greatly increase the commercial and operational efficiency ofcommercial fishing operations and fish farms. At the same time these productsare designed to help alleviate the growing environmental concerns that surroundthese industries. The Company is listed on the Alternative Investment Market(AIM) (symbol KIO). This information is provided by RNS The company news service from the London Stock Exchange
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