Uk Oil & Gas Regulatory News (UKOG)

1 Mar 2006 12:59

Sarantel Group PLC01 March 2006 Sarantel Group PLC ("Sarantel" or "the Group") Appointment of Non-Executive Director The Board of Sarantel is pleased to announce the appointment of Matthew Tayloras a Non-Executive Director with effect from 28th February 2006. Mr Taylor, aged 42, is a partner in Foresight Venture Partners ("Foresight")which manages £120 million of venture capital trust funds and holds 14,933,555ordinary shares, representing approximately 29.3 per cent of the issued sharecapital of Sarantel. Foresight is a founding investor in Sarantel and Mr Taylorwas previously a non-executive director of Sarantel Limited until the flotationof Sarantel in March 2005. Mr Taylor is currently a non-executive director of Infrared Integrated SystemsLimited, Monactive Limited and TheSkillsMarket Limited. During the past fiveyears he has been a non-executive director of Heritage Image PartnershipLimited, ANT Limited, smartFOCUS Holdings Limited, and Blue Curve Limited. Hewas also a non-executive director of Broadreach Train Services Limited, whichwent into administration on 10 October 2005. Save as disclosed above, there are no further disclosures to be made inaccordance with Rule 17 and Schedule Two (g) of the AIM Rules. Commenting on the appointment, David Wither, Chief Executive Officer, said: "We are happy to welcome Matt back to Sarantel. He is very knowledgeable of ourbusiness and has been a long time supporter. We are confident he will be a keycontributor to our future success." For further information please contact: Sarantel Group PLC www.sarantel.comDavid Wither, CEO/Sitkow Yeung, CFO 01933 670560 Smithfield 020 7360 4900Sara Musgrave / Jo Thomas Pictures are available for the media to view and download fromwww.vismedia.co.uk Notes to Editors: About Sarantel Sarantel designs, manufactures and sells patented, ceramic, filtering antennasfor use in portable wireless devices such as Personal Digital Assistants (PDAs),laptops and Third Generation (3G) mobile devices. Its current focus is onproducing antennas for the Global Positioning Satellite (GPS) market which allowa clearer signal than conventional antennas whilst reducing the amount of energyabsorbed by the body by approximately 90 per cent. The antennas simplify systemdesign, thus allowing design standardisation and reduced time to market and costfor manufacturers. As well as GPS, Sarantel's antenna technology is capable of servicing multipleemerging high volume markets such as Wi-Fi, 3G, Satellite Radio and Bluetooth.These markets are expected to be key in the future success of mobile networkoperators and device manufacturers. Sarantel's antennas significantly improvethe performance of wireless systems by increasing the range and effectivebandwidth. Sarantel is planning to commence high volume delivery of its antennasinto the satellite radio market within the next 12 months. Sarantel listed on AIM, a market operated by the London Stock Exchange, on 2ndMarch 2005 and is included in the IT Hardware sector (93) within theTelecommunications equipment sub-sector (938) and has a RIC code of SLG.L This information is provided by RNS The company news service from the London Stock Exchange