BLTG.L Regulatory News (BLTG)

3 Apr 2008 07:01

Regenersis PLC03 April 2008 3 April 2008 Regenersis plc ("Regenersis" or the "Company") Management Appointment Orange Supply Chain Director Further Strengthens Regenersis Team Mark Franklin will join Regenersis (AIM: RGS) as Managing Director of RegenersisEnvironmental Services on 21 April 2008. Mark joins from Orange, where he hasbeen Supply Chain Director since 2005. In his new capacity, Mark will be responsible for the Company's world leadingmobile phone reuse, recycling and fulfillment solutions (previously trading asFonebak and Intec). The Division currently handles some 3m handsets per annumand Mark will have full P&L accountability for this significant business,supporting clients like O2, Orange, T-Mobile and Vodafone. Gary Stokes, Regenersis CEO said: "We are delighted that Mark is joining ourteam. He brings with him a wealth of knowledge and experience which will helpus deliver on our aggressive growth strategy." Mark Franklin said: "I'm excited about the opportunity at Regenersis. With 'green' concerns a growing issue faced by network operators, manufacturers anddistributors allied to the successful record of Regenersis in managing allaspects of the product lifecycle - we have a win/win situation for growth." A Chartered Engineer and Supply Chain professional, Mark has previously runbusinesses for Unipart, most recently as Director and General Manager RetailLogistics, selling and delivering services to demanding Blue Chip customers.Prior to that his career spanned Andersen Consulting, Fuji Film Electronics andLand Rover. Ends Regenersis plc 07789 435 100Sarah Bond KBC Peel Hunt Ltd (Nominated Advisor and Broker) 020 7418 8900Jonathan Marren / Oliver Stratton Financial Dynamics 020 7831 3113Matt Dixon About Regenersis Regenersis is a leading provider of managed services to many of the world'spremier brands. The company supports the entire product lifecycle, from originaldesign input, pre-sales testing, local customization and configuration throughto field support activities that include technical assistance as well as productrepair, replacement and refurbishment programmes. At the end of the product's life the Company will take it back and, whereappropriate, match it to a need in a secondary market, thereby extending thelife of the product while creating value for our clients. If it is beyond use,Regenersis ensures it is safely recycled. In six months ending 31 December 2007, Group revenue increased by 42% to £55.0mand headline profit increased to £2.8m. This information is provided by RNS The company news service from the London Stock Exchange