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CSD Clearspeed Tech

3.50
0.00 (0.00%)
20 May 2024 - Closed
Delayed by 15 minutes
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

Board Appointment

10/01/2008 2:30pm

UK Regulatory


RNS Number:5179L
ClearSpeed Technology plc
10 January 2008

10 January 2008



ClearSpeed Technology plc

George Elliott appointed non executive director


ClearSpeed Technology plc, (AIM: CSD, "ClearSpeed"), the specialist
semiconductor company, has appointed George Elliott as a non executive director
with immediate effect.


George Reginald Elliott (55) has extensive international experience in the IT
industry having been finance director of Wolfson Microelectronics plc for seven
years until early 2007, at a time when the company went from a loss making
operation into a profitable world class fabless semiconductor business.  Prior
to that he was finance director for two years of Calluna plc, having previously
been its director of commercial operations for two years.


From 1990 to 1995 he was business development director of McQueen International
(now Sykes Global Services Ltd) during which time the business was transformed
from a traditional printing operation into a leading pan European provider of
integrated manufacturing and support services for the IT industry. Between 1974
and 1990 he worked for Grant Thornton in Edinburgh, the last seven years of
which was as a partner with responsibility for corporate finance and practice
development.


Richard Farleigh, Chairman, ClearSpeed, commented:


"We are delighted that George has agreed to join the Board.  He has an excellent
and proven track record in growing profitable IT businesses internationally and
brings a unique blend of commercial and financial expertise."




Enquiries:


ClearSpeed Technology                               0117 3172000
Richard Farleigh, Chairman


KBC Peel Hunt (Nominated Adviser and Broker)
Oliver Scott/Richard Kauffer                        020 7418 8900


College Hill                                        020 7457 2815/2055
Adrian Duffield/Rozi Morris



George is also a non executive director of Corsair Memory Inc and Summit plc and
non executive Chairman of MicroEmissive Displays Group plc, Craneware plc and
SFX Technologies Ltd. He is also currently a director of Elliott Corporate
Development Limited (dormant).


George was a director of Calluna Technology Limited, a subsidiary of Calluna
plc, from 1998. He handed in his notice of resignation on 21 July 1999. In
February 2000, Calluna Technology Limited appointed an administrator. At that
time Calluna Technology Limited had external debts of £5.4 million and
intergroup debts of £31.9 million.


Other than the directorships above, there are no further disclosures to be made
in accordance with Schedule 2(g) of the AIM Rules.




Note to Editors

ClearSpeed's programmable processors have been designed to meet the requirements
of the world's most compute-intensive applications, enabling supercomputing
capabilities on affordable platforms including clusters and workstations.  The
technology addresses the problems of power consumption and heat generation
within processors that are becoming limiting factors for successfully meeting
the processing needs in compute intensive applications, while significantly
reducing the total cost of ownership against existing solutions.  The CSX600,
the company's flagship product, is designed as a co-processor to be used
alongside general purpose processors in HPC applications.  ClearSpeed Technology
is based in Bristol in the UK and San Jose, California.


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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