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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Clearspeed Tech | LSE:CSD | London | Ordinary Share | GB00B01TNC84 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 3.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:9791G ClearSpeed Technology plc 05 November 2007 5 November 2007 ClearSpeed Technology plc Chief Financial Officer appointed ClearSpeed Technology plc (AIM: CSD), the leader in high-performance co-processors for supercomputing applications, has appointed Kevin Andrew Kroese Chief Financial Officer with immediate effect. He takes over from Paul Webb, who indicated on 27 September 2007, his intention to retire early in 2008. Andrew has extensive experience and expertise in finance and the technology sector having held a number of finance and managerial roles within HP over the last 20 years across the US and in the UK. Andrew's experience includes financial leadership roles in product development for Hewlett-Packard's industry standard servers and storage businesses. Most recently he served as the financial leader for HP's personal computer business focused on world-wide go-to-market operations including supply chain. Andrew will be based San Jose and in addition to being Chief Financial Officer, will be involved in working directly with Clear Speed's partners and customers worldwide. Tom Beese, Chief Executive, commented: "I am delighted that Andrew is joining us. He brings a wide range of IT industry and finance experience particularly in the area of worldwide operations effectiveness in delivering to customer needs. I am confident that he will make a significant contribution to the Group's leadership and growth of our business" Andrew Kroese, aged 47, has confirmed that there are no other matters to be disclosed in relation to Schedule 2 paragraph (g) of the AIM Rules. Enquiries: ClearSpeed Technology plc 0117 317 2000 Tom Beese, Chief Executive Officer College Hill 020 7457 2020 Adrian Duffield/ Rozi Morris KBC Peel Hunt 020 7418 8900 Oliver Scott/Richard Kauffer Note to editors About ClearSpeed Technology ClearSpeed Technology designs high-performance accelerators that work alongside conventional computer processors (CPUs) in some of the world's most demanding applications. ClearSpeed's advanced technologies offer significantly higher computing speeds than the most powerful CPUs, but use far less electrical power. Based in Bristol and San Jose, the company has 84 patents granted or pending and its products include computer chips, boards, software tools, applications and support. The ClearSpeed AdvanceTM Accelerator Board sits alongside conventional computer processors and handles complex mathematical routines, dramatically increasing the speed of applications. At the heart of the AdvanceTM Accelerator Board are two ClearSpeed CSX600 chips, each with 96 processor cores that work in parallel to solve complex mathematical problems. A single CSX600 chip can perform more than 37.5 billion high-precision calculations per second (37.5 GFLOPS), whilst typically using less than ten watts of power - an unprecedented performance ratio unmatched by any rival system. As a result, ClearSpeed's AdvanceTM Board has the potential to deliver significant performance improvements in fields such as financial market trading, drug discovery, engineering and exploration, where users are demanding higher-speed computing at lower costs. The ClearSpeed AdvanceTM Board is currently offered as a plug-in board that can be easily fitted as an upgrade to a workstation, server or cluster. This information is provided by RNS The company news service from the London Stock Exchange END BOABRBDBBXGGGRD
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