US Business Advisor Appointed

27 Mar 2007 07:05

Croma Group PLC27 March 2007 27 MARCH 2007 CROMA GROUP PLC ("Croma" or "the Group") APPOINTMENT OF BUSINESS DEVELOPMENT ADVISOR FOR THE US MARKET The Board of Croma, the AIM listed Surveillance Security and Homeland Defencespecialist, announces today the appointment of Montaigne Investment Corporationas its North American business development advisor, with a brief to identify anddevelop complementary relationships within the U.S Homeland Defence and SecuritySector. Montaigne Investment Corporation has offices in both America and Europe, andadvises North American companies that are expanding into Europe with aparticular emphasis on Homeland Defence and Security Sectors. Commenting on today's announcement, John French, Executive Chairman of Croma,said: "With the current growth of our business, by way of both core growth andacquisition, compounded with the heightened awareness of geo-political securityissues, the Board feels that the time is approaching to explore furtheropportunities on a broader, international basis." The Board hopes to make further related announcements in the short term future. ---ends--- Enquiries: Croma Group plcJohn French, Executive Chairman Mobile: 07836 722 482 Bishopsgate Communications Ltd. Tel: 020 7562 3350Dominic Barretto Mobile: 07930 450 156 This information is provided by RNS The company news service from the London Stock Exchange