Zytronic Plc(AIM: ZYT), a leading manufacturer of projected capacitive technology (“PCT™”) touch sensors and electronic display optical filters, is pleased to announce the promotion of Mark Cambridge to Chief Executive Officer of the Group, effective from today, to succeed John Kennair, who will continue on the Board as Chairman.
Mark Cambridge, aged 44, has been Managing Director of the Group’s operating subsidiary, Zytronic Displays Limited since February 2006, and he was appointed to the Board of Zytronic on 1 June 2007 as an executive director.
Mark joined the Group in 1991, subsequently holding positions in technical, quality, sales and marketing. He was very closely involved with the initial commercialisation of the underlying patented technology and the market introduction of the first ZYTOUCH® touch sensors.
Mark continues to oversee the development of the Group’s expanding range of PCT™ touch sensor products and the continuing research and development drive of the Group’s technology. Since 2001 he has also developed a world-wide network of representatives and distributors, which now numbers 16 in the USA and Canada, 6 in the Far East and 14 in EMEA, the development of which has been accompanied by significant sales growth.
Pursuant to paragraph 2 (g) of Schedule 2 of the AIM Rules, directorships held in the past five years are detailed below. All of these companies are in the Zytronic Group.
Zytronic plc; Zytronic Displays Limited; Zytronic Glass Products Limited; Intasolve Limited.
John Kennair, Chairman said:
“Since the IPO in 2000, Mark has made a significant contribution to the success of Zytronic’s business and, in particular, to the development and recent launch of the ZYPOS® product. The time is now right to promote Mark to the role of Chief Executive to lead the continuing growth of the Group worldwide and the further development and exploitation of its technology.”
For further information please contact:
Zytronic plc 0191 414 5511
John Kennair, Chairman
Denis Mullan, Finance Director
Buchanan Communications 020 7466 5000
Richard Darby, Isabel Podda
Brewin Dolphin Securities Limited
Alan Stewart, Corporate Finance 0845 213 4213
Jamie Cumming, Corporate Broking 0845 213 4203
Jock MacDonald, Corporate Sales 0191 279 7418