Directorate Change
10 Janeiro 2008 - 5:00AM
UK Regulatory
Embargoed Release: 07:00hrs Thursday 10 January 2008
CMR Fuel Cells plc
(`CMR')
Directorate Change
Change of Non-Executive Chairman
CMR Fuel Cells plc, the Cambridge based compact fuel cell stack specialist,
today announces that Gordon Crawford, Non-Executive Chairman, has indicated his
intention to step down from the board following the public listing and two
years subsequent service. This will take effect on 31 March 2008 after three
months hand-over following this announcement. Tim Curtis, currently a
Non-Executive Director, will become Non-Executive Chairman from 1 April 2008.
Mr. Curtis's experience of high growth technology companies where he has
managed the transition from research to product development and production will
be of great value to CMR as it moves towards its goal of providing cost
effective, compact fuel cell stacks for the portable electronics industry.
The Board would like to thank Gordon for his contribution, advice and guidance
during our early days as a public company.
Tim has been Chairman of IBS OPENSystems plc since it's IPO on AIM in March
2005 and between 1992 and 2004 was CEO of main market listed Telemetrix plc, a
designer and manufacturer of power efficient analogue semiconductors.
-Ends-
Further Information:
John Halfpenny CMR Fuel Cells plc 01223 875 544
CEO
Andrew Tan Hansard Group 020 7245 1100
www.hansardgroup.co.uk
About CMR Fuel Cells plc:
CMR Fuel Cells plc is a UK developer of fuel cell stacks for portable and small
stationary power generation applications. The company plans to become a leading
supplier of fuel cell products, based on its simple but revolutionary patented
stack architecture which delivers longer run-time and lower costs than
conventional fuel cell stacks.
END
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