Appointment of Directors
January 15 2009 - 2:00AM
UK Regulatory
TIDMADID TIDMADIS
RNS Number : 6687L
Armor Designs, Inc.
15 January 2009
ARMOR DESIGNS INC
+----------------------------------------+---------------------------------------+
| | 15th January 2009 |
+----------------------------------------+---------------------------------------+
AIM TRADING SYMBOL: ADID, ADIS
Appointment of Directors
Armor Designs, Inc., ("ADI", or the Company"), the developer of next-generation
composite armour, is pleased to announce the appointment of Nic Smith and John
Cronin as Non-Executive Directors with immediate effect. Mr Smith was also
appointed as Chairman of the Audit Committee with immediate effect.
Nic Smith has over 30 years of investment and accounting experience. Mr Smith
trained as an accountant with Ernst and Young. He joined the Jardine Fleming
Group in Hong Kong in 1986 serving, at various times, as co- head of Investment
Banking, finance director and member of the executive committee. He became a
director of Robert Fleming International in 1998 and director of Origination,
Investment Banking. His responsibilities combined the strategic direction of the
international M&A business and fee generation in relation to European
multinational corporations. He currently serves as senior independent director
of Ophir Energy plc, for whom he is Chairman of the nomination and audit
committees and non executive director of Asian Citrus Holdings Ltd, for whom he
is Chairman of the remuneration committee, and PLUS Markets Group plc, for whom
he is Chairman of the audit committee. He is also a director of Plus Markets
plc, The Ernshaw Partnership Limited, Totally Independent Directors Limited, 4C
Associates Limited, 9 Flies Limited and Sorbic International Plc. He was also
until recently non executive Director of Imprint plc until its acquisition by
Premier UK.
John Cronin spent over 17 years at IBM and became its top inventor with over 100
patents and 150 patent publications. He created and ran the IBM Patent factory
which was essential to helping IBM become number one in US patents and the team
contributed to start of and success of IBM successful licensing program. Mr
Cronin has created both a unique ipCapital System methodology for consulting as
well as a world class licensing and transaction process. ipCapital Group
represents the largest IP strategy consulting team in the world. John and his
team have served over 500 clients since 1998, including over 10% of the Fortune
500 clients and over 130 start-up companies. IpCapital recently completed an
independent valuation report on Armor Designs Inc. John holds a BSEE and MSEE,
and a BA degree in Psychology from the University of Vermont.
Welcoming the two non-executive appointments, James St Ville, Chairman of Armor
Designs Inc, said: "I am delighted that Nic and John have agreed to join the
board. They will add strength and depth to our team at an important time in the
company's development."
Information in accordance with Schedule 2 (g) of the AIM Rules is disclosed in
the Appendix below.
For further information, please contact:
+-------------------------------------------+----------------------------+
| Armor Designs, Inc. | |
+-------------------------------------------+----------------------------+
| Charles Snyder, CEO | Tel: +1 602 275 4633 |
+-------------------------------------------+----------------------------+
| charles.snyder@armordesigns.com | www.armordesigns.com |
+-------------------------------------------+----------------------------+
| Zimmerman Adams International Limited | |
+-------------------------------------------+----------------------------+
| Graeme Thom / Mira Shukanayeva | Tel: +44 20 7060 1760 |
+-------------------------------------------+----------------------------+
| Alexander David Securities Limited | |
+-------------------------------------------+----------------------------+
| David Scott / Nick Bealer | Tel: +44 20 7448 9820 |
+-------------------------------------------+----------------------------+
Media enquiries:
+-------------------------------------------+----------------------------+
| Brunswick Group LLP | |
+-------------------------------------------+----------------------------+
| Michael Harrison/ Chris Blundell/ Camilla | Tel: +44 20 7404 5959 |
| Gore | |
+-------------------------------------------+----------------------------+
Notes to editors
Armor Designs, Inc. ("ADI") is a knowledge-based company specialising in
next-generation composite material design, manufacture, prototyping and testing
for applications and products for the armour industry. ADI uses a proprietary
design and manufacturing process called VCM to rapidly develop new composite
armour products of superior ballistic, weight and flexibility. The VCM process
is protected by patents and trade secrets licensed to ADI in perpetuity for use
in field of armour.
For more information on Armor Designs, Inc., please go to www.armordesigns.com
Appendix
Nicholas Michael Norman Smith: 57
Directorships
Current
+--------------------------------------+
| Totally Independent Directors |
| Limited |
+--------------------------------------+
| 4C Associates Limited |
+--------------------------------------+
| Plus Markets Group Plc |
+--------------------------------------+
| Plus Markets Plc |
+--------------------------------------+
| The Ernshaw Partnership Limited |
+--------------------------------------+
| 9 Flies Limited |
+--------------------------------------+
| Ophir Energy Plc |
+--------------------------------------+
| Sorbic International Plc |
+--------------------------------------+
Past
+--------------------------------------+
| CA Premier Banking Limited |
+--------------------------------------+
| Imprint Limited |
+--------------------------------------+
| Robert Fleming International Limited |
+--------------------------------------+
John Cronin: 53
Directorships
Current
+--------------------------------------+
| ipCapital Group, Inc |
+--------------------------------------+
| Vermont Electric Power Company, Inc |
| (VELCO) |
+--------------------------------------+
Past
None
No further information is disclosed in accordance with schedule 2(g) of the AIM
rules.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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