12 Jun 2014 07:00
12 June 2014
Clean Air Power Limited
("Clean Air Power" or "Company")
Board Appointment
Clean Air Power (AIM:CAP), the developer and global leader in Dual-Fuel engine management systems for heavy duty vehicles, is pleased to announce the appointment of Robert Tyrer to the Board of Clean Air Power as a Non-Executive Director.
Mr. Tyrer is a US citizen. He is Co-President and Chief Operating Officer of The Cohen Group, an international strategic business-consulting firm. Mr. Tyrer also serves as a Senior Adviser at the Centre for Strategic and International Studies in Washington. Prior to joining The Cohen Group, Mr. Tyrer served as the Chief of Staff of the Department of Defence from 1997 to 2001. In this capacity, he provided strategic advice and daily counsel to Secretary Cohen on all aspects of national security and helped oversee the daily worldwide operations of the Department.
John Pettitt, Chief Executive of Clean Air Power said:
"I am delighted to welcome Robert Tyrer to the Board at this crucial time in the company's development as we prepare to launch our Genesis-EDGE Dual-Fuel product in the US. His international experience and specifically his knowledge of the important US market will make him an invaluable addition to our Board and I look forward to working with him."
Rodney Westhead, Non-executive Chairman added:
"Mr Tyrer will bring great strategic insight to the Board, particularly in our key US market where an abundance of natural gas coupled to powerful economic and environmental drivers are causing the increasing adoption of natural gas as a road fuel."
The following information is required to be disclosed pursuant to paragraph (g) of Schedule 2 of the AIM Rules for Companies.
Director's Full Name and Age | Current Directorships/Partnerships | Directorships/Partnerships within the last 5 years |
Robert Stanley Tyrer (aged 57) | The Cohen Group | None |
There are no further disclosures required to be made in respect of the appointment under Schedule 2(g) or Rule 17 of the AIM Rules for Companies.
For further information, please contact:
Clean Air Power John Pettitt, Chief Executive Neill Skinner, Chief Financial Officer
| Tel: +44 (0)1772 624 499 |
Citigate Dewe Rogerson Malcolm Robertson Chris Gardner
Panmure Gordon Corporate Finance Freddy Crossley / Atholl Tweedie Corporate Broking Tom Salvesen
Peat & Co Charlie Peat Andy Cuthill | Tel: +44 (0)20 7282 2867
Tel: +44 (0)20 7886 2500
Tel: +44 (0)20 3540 1721
|
Notes to Editors
About Clean Air Power
Clean Air Power is the developer and provider of Dual-Fuel™ combustion technology for heavy duty diesel engines. Dual-Fuel™ engines substantially cut fuel costs and carbon emissions without sacrificing the original engine's characteristic efficiency or reliability. Clean Air Power is well positioned to assist corporations and governments to deliver on their environmental commitments while at the same time reducing transport operators overheads.
Initially founded in the USA in 1991, around £50m has been invested in developing the technology with the result that 65 patents are currently held or pending. The holding company of the Group is based in Bermuda with operational subsidiaries in the UK, the USA and Australia. The Group was admitted to the AIM market of the London Stock Exchange in February 2006.
Further information on Clean Air Power is available at www.cleanairpower.com
CAP.L (CAP)