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Appointment

3 Mar 2010 07:00

RNS Number : 9746H
Pursuit Dynamics PLC
03 March 2010
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ο»Ώ

3rd March 2010

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Pursuit Dynamics PLC

("Pursuit" or "the Company" or "PDX")

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Jonathan Bailey appointed SVP Business Development and Planning

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PDX today announces the appointment of Jonathan Bailey as SVP Business Development and Planning.

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Jonathan will play a significant role in providing strategic support to the business through planning and modelling the different lines of business and framing key strategic partnerships. He will be reporting directly to CEO Roel Pieper.

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Jonathan, who is a shareholder, has long been a supporter of the Company and when Roel Pieper identified the need to recruit an experienced executive to provide strategic support to implement the new 'line of business' strategy, Jonathan was an ideal candidate.

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Jonathan, 41, has over 20 years experience in analysing, modelling and investing in companies. He was managing partner of Copenhagen Capital, the London based investment fund, and prior to that was a portfolio manager at Bailey Coates, Perry Capital, Omega Advisors and NatWest Wealth Management. Jonathan began his career as a management consultant at ArthurΒ Andersen. HeΒ is a member of the Chartered Financial Analyst (CFA) Institute and holds an MA from Cambridge University.

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Commenting on the announcement, Roel Pieper, CEO, said:

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"I am delighted to welcome Jonathan to the team. His extensive and broad experience analysing companies and their commercial potential will be an extremely valuable asset. As is clear from his shareholding, he has long been a supporter of the Company and when we met following my appointment it was apparent that his expectations and convictions matched my own, We are looking forward to working with him."

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- Ends -

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For Further Information, please contact:

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Pursuit Dynamics PLC

Roel Pieper, Chief Executive Tel: +44 (0)1480 422050

Donald Bell, Chief Financial Officer

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Financial Dynamics Ben Foster / Marc Cohen Tel: +44 (0) 20 7831 3113

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Notes to Editors

Β·; Pursuit Dynamics PLC (AIM: PDX) owns and commercialises the PDX fluid processing reactor whose benefits include significant reductions in energy usage, process acceleration and result enhancement for industries such as Bio ethanol production, Food & Drink, Brewing, Fire Suppression and Decontamination.

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Β·; Pursuit Dynamics is headquartered in Huntingdon, UK and has an office in Norwalk, Connecticut, USA.

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Β·; Further information is available at the Company's website: www.pursuitdynamics.com or www.pdx.bizΒ 

This information is provided by RNS
The company news service from the London Stock Exchange
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END
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