Appointment of Non Executive Director
August 27 2009 - 2:02AM
UK Regulatory
TIDMTPS
RNS Number : 0799Y
Turbo Power Systems Inc
27 August 2009
27 August 2009
Appointment of Non Executive Director
The Board of Turbo Power Systems ('TPS' or 'the Company'), the innovative power
generation and conditioning equipment supplier, is pleased to announce that Mr
Richard ('Ric') John Piper has agreed to join the Board as a Non-Executive
Director, with immediate effect.
Mr Piper, aged 57, qualified as a chartered accountant in 1977. He was appointed
Finance Director of Logica (UK) in 1990 and was Group Finance Director of WS
Atkins from 1993 to 2002. Since 2003 he has been Chairman or Non Executive
Director for several AIM and privately owned businesses. Mr Piper has been a
partner with Restoration Partners Limited, which advises technology businesses
since 2006.
Mr Piper is an Audit Committee member of the Science and Technologies Facilities
Council (and its predecessor, the Particle Physics & Astronomy Research
Council), and is a member of the Financial Reporting Review Panel. Currently Ric
holds the post of Chairman of HLBBshaw Group plc, Patent Attorneys, is a
Non-Executive Director with Matchtech Group plc, an AIM listed technical and
professional recruitment company, and is a Director and Trustee of the charity
Off The Streets & Into Work.
Commenting on the appointment, Dr Graham Thornton, Chairman said: "We are
delighted to welcome Ric onto the Board. His experience further strengthens the
Board and will be of considerable value to the Company"
In accordance with Schedule 2(g) of the AIM Rules, the following further
information in relation to the appointment of Mr Piper is disclosed:
Current directorships and partnerships:
HLBBshaw Group plc
HLBBshaw (Trustee) Limited
Matchtech Group plc
Off The Streets & Into Work (Charity)
Restoration Partners Limited
Previous directorships and partnerships held in the past five years:
Airbase Interiors Limited
Cornwell Management Consultants plc
Euphony Holdings Limited
Granby Oil & Gas plc
In2grate plc
Airbase Interiors Limited
SGL Vietnam Development Limited
SubSea Resources plc
Synstar plc
Xploite plc
Mr Piper was Chairman and a Director of SubSea Resources plc from 21 December
2006 until 11 April 2008 when the company was placed into administration and
subsequent creditors voluntary liquidation on 2 April 2009.
There are no other matters which are required to be announced as required under
Schedule 2(g) of the AIM Rules
For further information, please contact:
Turbo Power Systems Inc.Tel: +44 (0)20 8564 4460
Richard Bayliss
Kreab Gavin Anderson (PR)Tel: +44 (0)20 7074 1800
Ken Cronin
Michael Turner
KBC Peel Hunt Ltd (Nominated AdviserTel: +44 (0)20 7418 8900
and Broker)
Daniel Harris
Nicholas Marren
This information is provided by RNS
The company news service from the London Stock Exchange
END
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