Directorate Change
03 Março 2003 - 4:00AM
UK Regulatory
RNS Number:1625I
Flintstone Technologies PLC
03 March 2003
Embargoed release: 0700hours 3rd March 2003
Flintstone Technologies Plc
("Flintstone" or "the Company")
Directorate change
The Board of Flintstone Technologies plc, the technology commercialisation
company which sources the majority of its investments from Russia, announces
that with effect from 3rd March 2003 James Stewart Murray-Smith will be stepping
down as Operations Director of the Company to focus on his new role as Chief
Executive of Hardide Limited. In the move Mr Murray-Smith will remain with
Flintstone as a non-executive director allowing the Company to continue to
benefit from his expertise and experience.
Hardide Limited is a company in which Flintstone has a 45% equity shareholding.
It has developed a chemical process for coating steels, hard alloys and other
materials with a super-hard tungsten carbide surface. This process can enhance
the life of steel components by a factor of 10 and has applications across a
broad range of industries.
Glyn Hirsch, Chairman of Flintstone, commented,
"I am delighted with Jim's move to his new role as Chief Executive of Hardide.
Flintstone has greatly benefited from his expertise and I am confident that
Jim's leadership qualities and experience will be of enormous value to Hardide.
I am also pleased that he will remain on Flintstone's Board as a Non-executive
Director."
For further information please contact:
David Chestnutt
Flintstone Technologies Tel: 0151 706 0626
Chief Executive www.flinststoneplc.com/
Andrew Tan / Brigitte Atkinson Tel: 0207 245 1100
Hansard Communications Brig@hansardcommunications.com
www.hansardcommunications.com
Notes to Editors:-
Flintstone Technologies plc joined the AIM market in June 2002 raising #5.4
million at the same time. The Group brings a number of management skills to its
investments, such as intellectual property verification and transfer, commercial
audits, industrial evaluation, fund raising, human resources and financial
expertise.
Flintstone's investments include:
BioCote: A range of anti- bacterial powder coatings for metal, wood and plastic
surfaces. This was sourced UK as it fitted Flintstone's portfolio.
Firestop: A range of non-brominated and halogen free flame-retardants for use
with plastics, textiles, wood and metal.
Hardide: A chemical process for creating super-hard tungsten carbide surfaces on
steels and other surfaces. The process can enhance the life of steel components
by a factor of 10.
Intellikraft: Next generation rechargeable batteries based on nano treatment of
advanced ceramic material.
Keronite: A process for creating hardened surfaces on aluminium, magnesium and
titanium.
Flintstone has sourced four further technologies. Like the existing portfolio,
the companies operate in the surface engineering and speciality chemicals
market.
This information is provided by RNS
The company news service from the London Stock Exchange
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