KBC Advanced Technologies plc Appointment of Non-Executive Director (3831F)

TIDMKBC

RNS Number : 3831F

KBC Advanced Technologies plc

23 May 2013

Embargoed until 0700 hrs 23 May 2013

KBC Advanced Technologies plc

("KBC" or "the Group")

Appointment of Non-Executive Director

KBC is pleased to announce the appointment of Paul Taylor as a Non-Executive Director with effect from 24 May 2013.

Paul Taylor is a Fellow of the Association of Chartered Certified Accountants and served as Group Finance Director of AVEVA Group plc between March 2001 and January 2010. AVEVA has been one of the world's leading engineering software providers to the plant, power and marine industries for over 45 years and, during his tenure as Finance Director, the company saw rapid growth to become a FTSE250 business.

Paul originally joined AVEVA Group in 1989 and was heavily involved in its flotation process as well as taking responsibility for its UK accounting and the development of its overseas subsidiaries. Between 1998 and 2001 he was also UK Director of Human Resources.

Before joining AVEVA Paul trained within the accountancy profession before moving to Philips Telecommunications (UK).

Paul was a recipient of the FTSE250 Finance Director of the Year award in 2008.

In addition to the experience Paul earned while at AVEVA, he has also gained significant knowledge of other software and technology businesses through his current non-executive directorships of Anite plc, Digital Barriers plc, Ubisense Group plc and Escher Group Holdings plc.

Paul will serve on the Audit, Remuneration and Nomination committees of KBC Advanced Technologies plc.

Ian Godden, Chairman of KBC, commented: "We are delighted that Paul has agreed to join us. In addition to his finance credentials and knowledge of the industries we serve, Paul has an excellent understanding of software and technology businesses. I am confident that he will be a great asset to KBC's board and that his experience will be invaluable in helping us execute our growth strategy."

Save as disclosed above and detailed below, there is nothing further to disclose in relation to the appointment of Paul Taylor under Schedule Two, paragraph (g) of the AIM rules.

Paul Ronald Taylor (aged 48) has held the following directorships during the last five years:

AVEVA group plc

AVEVA Solutions Limited

Cadcentre property Limited

AVEVA Inc (USA)

AVEVA Gmbh (Germany)

AVEVA SA (France)

AVEVA AS (Norway)

AVEVA East Asia (HK)

AVEVA Sendrian Berhad (Malaysia)

AVEVA AB (Sweden)

   AVEVA Information Technology   (India)

AVEVA PTY (Australia)

AVEVA do Brasil Informtica ltda (Brazil)

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For further information, please contact:

 
 KBC Advanced Technologies plc 
 Ian Godden, Chairman                          +44 (0)1932 236335 
 Caroline Brown, Chief Financial Officer       +44 (0)1932 236335 
 
 Cenkos Securities plc 
 Bobbie Hilliam/Max Hartley/Callum Davidson    +44 (0)20 7397 8900 
 
 Weber Shandwick Financial 
 Nick Oborne/Stephanie Badjonat                +44 (0)20 7067 0700

Notes to Editors:

KBC is a leading consultancy and software provider to the global hydrocarbon processing industry. With over 30 years of experience, KBC combines industry leading technology with experienced engineers and operations personnel using robust methodologies to create personalised, sustainable solutions for its clients. For more information, visit www.kbcat.com.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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