Servelec Group Regulatory News (SERV)

2 May 2006 07:01

Servocell Group PLC02 May 2006 Servocell Group plc The Board of Servocell Group plc ("Servocell" or "the Company") is pleased toannounce the appointment of David Lindsay as a non-executive director of theCompany with immediate effect. David will bring with him over twenty years offinance experience gained within the international technology and engineeringservices sector, with the last eight years on the main board of UK listed publiccompanies. David is currently Group Financial Director of AEA Technology plc, aninternational environmental services and technology group, quoted on theOfficial List and traded on the London Stock Exchange. Previously, David was aDirector of then-listed Industrial Control Services Group plc, an internationalsupplier safety control platforms systems within the oil and gas industry. David is a Member of the Institute of Chartered Accountants of England and Wales,and a Member of the Association of Corporate Treasurers. David will be Chairmanof the Audit Committee, and a member of the Remuneration and NominationsCommittee. Enquiries: Servocell Group Simon Powell, CEO 01279 621 500 Steven Weaver, CFO Bell Lawrie Ian McInally 0141 221 7733 Biddicks Shane Dolan 0207 448 1000 In accordance with Schedule Two paragraph (g) of the AIM Rules, the Companygives the following information: David Lindsay, 49 yrs Current Directorships AEA Technology plcFiducia Commercial Agents Limited26 LanhillAEA Technology Environment LimitedAEA Technology International LimitedAEA Sonomatic LimitedAddspice LimitedSafeguard International LimitedTCI Signalling LimitedTCI Operational Research LimitedTransportation Consultants International LimitedLaputa Enterprises LimitedBR Research LimitedAEA Technology Services LimitedAEA Technology Rail LimitedFuture Energy Solutions LimitedWaste Management Technology LimitedAEA Tasc (Sonomatic) LimitedChiefpolicy LimitedFleet Software LimitedANT Holdings LimitedFleet Activity Control Technology LimitedThe Engineering Link LimitedAGM Batteries LimitedIndex Data Systems LimitedEASA LimitedESR Technology LimitedAEAT Holdings Limited Previous Directorships (over the past 5 years) Industrial Control Services Group Limited (resigned 16 July 2001)Industrial Control Services plc (resigned 16 July 2001)ICS capital plc (resigned 1 June 2001)B.C.M.B Private Clients Limited (resigned 1 June 2001)Transmitton Limited (resigned 16 July 2001)Industrial Control Services Technology Limited (resigned 1 June 2001)Management and Customer Care Limited (resigned 1 June 2001)Trusted Engineering Limited (resigned 1 June 2001)GP-Elliott Electronic Systems Limited (resigned 1 June 2001)ICS Properties Limited (resigned 1 June 2001)AEA Technology QSA Limited (dissolved 21 March 2006)AEA Technology Batteries Limited (dissolved 21 March 2006)Electrocat Limited (dissolved 21 March 2006)AEA Technology EBIS Limited (dissolved 11 February 2004) There are no further details required to be disclosed under Schedule Twoparagraph (g) of the AIM Rules. Note to editors: Servocell develops innovative, proprietary devices under the Active Latch brandthat control the movement or motion of mechanisms, such as locks, with lowenergy inputs. Servocell's Active Latch devices are based around piezo actuators thattraditionally have high cost and limited movement. Through the application ofnovel techniques in design and manufacture, Servocell's products generaterelatively large movements and motion with low energy inputs. Active Latches aredesigned to provide lock manufacturers with a finished module that can be easilyintegrated into their product suite. Servocell's Active Latch products have already been commercially launched andtarget the expanding electromechanical sector of the global locks markets, whichis valued at $30 billion in annual sales. Servocell's current product suite consists of:- * Active Latch 1 (AL1) - released in September 2003; and* Active Latch 2 (AL2) - released in September 2005. This information is provided by RNS The company news service from the London Stock Exchange