Directorate Change

 

TIDMINN 
 
RNS Number : 4320P 
Innovision Research&Technology PLC 
15 July 2010 
 

                      Innovision Research & Technology plc 
                                (the "Company") 
 
                              Directorate changes 
 
Further to Broadcom International Limited's announcement of 13 July 2010 stating 
that it had received valid acceptances from shareholders in the Company in 
respect of approximately 78.57 per cent. of the Company's existing share capital 
and, together with its interest in approximately 10.53 per cent, of the 
Company's existing share capital, it declared its recommended cash offer for the 
entire issued and to be issued ordinary share capital of the Company to be 
wholly unconditional, the Company announces the following changes to its Board 
of Directors. 
 
The Company is pleased to announce the appointments of Robert Rango and DeAnn 
Work to the Board of Directors as Directors. 
 
Mr. Rango joined Broadcom Corporation ("Broadcom") in March 2002 and became Vice 
President & General Manager of the Network Infrastructure Business Unit in 
October 2002. In September 2003 Mr. Rango became Group Vice President, Mobile & 
Wireless Group. He became Senior Vice President & General Manager, Mobile & 
Wireless Group in April 2005, Senior Vice President & General Manager, Wireless 
Connectivity Group in January 2006, and Executive Vice President & General 
Manager, Wireless Connectivity Group in February 2010. He also serves as a 
director and officer of certain Broadcom subsidiaries. From 1995 to 2002 Mr. 
Rango held several Vice President and General Manager positions at Lucent 
Microelectronics, a networking communications company, and Agere Systems, a 
semiconductor manufacturer, in its Optical Access, New Business Initiatives and 
Modem/Multimedia Divisions. Previously, Mr. Rango held various positions with 
AT&T Bell Laboratories for over ten years. Mr. Rango received a B.S.E.E. from 
the State University of New York at Stony Brook and an M.S.E.E. from Cornell 
University. 
 
Ms. Work joined Broadcom as Vice President and Deputy General Counsel in April 
2009. From November 2007 until December 2008, Ms. Work served as Vice President 
and Senior Associate General Counsel of Safeco Corporation, a property and 
casualty insurance company that was acquired by Liberty Mutual Group in 
September 2008. Prior to Safeco, Ms. Work served as Senior Counsel for McKesson 
Corporation, a healthcare services and technology company, for four years, and 
prior to McKesson she served in a variety of consulting and business development 
roles for several technology and healthcare ventures.  Previously, Ms. Work was 
a corporate attorney at Davis Polk & Wardwell.  Ms. Work received an A.B. from 
Princeton University and a J.D. from Harvard Law School. 
 
Further, Malcolm Baggott and Ian Buckley-Golder have resigned with effect from 
today from the Board of Directors. The Company wishes to thank Messrs. Baggott 
and Buckley-Golder for their significant contributions to the Company over the 
past years and is extremely grateful for their professional advice and guidance 
in steering the Company to its leading position in the NFC and RFID markets. 
 
Enquiries: 
 
Innovision Research & Technology Plc 
      Tel: [phone] 
David Wollen, Chief Executive Officer 
Brian McKenzie, Finance Director 
 
KBC Peel Hunt Ltd (Nominated Adviser and Broker)                        Tel: 020 
7418 8900 
David Anderson 
 
Additional information: 
 
Robert Americo Rango (aged 52 years) holds, or has in the last five years held, 
the following directorships and/or partnerships: 
 
+---------------------------------+---------------------------------+ 
| Current                         | Former                          | 
| directorships/partnerships      | directorships/partnerships held | 
|                                 | within the last five years      | 
+---------------------------------+---------------------------------+ 
| Global Locate, Inc.             | None                            | 
| Broadcom Danmark Aps            |                                 | 
| Broadcom Europe Limited         |                                 | 
| Broadcom Finland Oy             |                                 | 
| Broadcom GPS Spain, S.L.        |                                 | 
| Broadcom Semiconductors Hellas  |                                 | 
| S.A                             |                                 | 
+---------------------------------+---------------------------------+ 
 
DeAnn Work (aged 41 years) holds, or has in the last five years held, the 
following directorships and/or partnerships: 
 
+---------------------------------+---------------------------------+ 
| Current                         | Former                          | 
| directorships/partnerships      | directorships/partnerships held | 
|                                 | within the last five years      | 
+---------------------------------+---------------------------------+ 
| Broadcom Corporation PAC        | None                            | 
| Broadcom International LLC      |                                 | 
| Dune Networks, Inc.             |                                 | 
| Teknovus, Inc.                  |                                 | 
| Broadcom Canada Ltd.            |                                 | 
| Broadcom Communications         |                                 | 
| Technology (Shanghai) Co. Ltd.  |                                 | 
| Broadcom Europe Limited         |                                 | 
| Broadcom GPS Spain, S.L.        |                                 | 
| Broadcom India Private Limited  |                                 | 
| Broadcom India Research Private |                                 | 
| Limited                         |                                 | 
| Broadcom India Technologies     |                                 | 
| Private Limited                 |                                 | 
| Broadcom Netherlands B.V.       |                                 | 
| Broadcom Sydney Pty Ltd.        |                                 | 
| HH Acquisition Inc.             |                                 | 
| HH Acquisition ULC              |                                 | 
| Interplast, Inc.                |                                 | 
| Teknovus Asia Ltd.              |                                 | 
| Teknovus Information Technology |                                 | 
| (Shanghai) Co. Ltd.             |                                 | 
| Teknovus Japan K.K.             |                                 | 
+---------------------------------+---------------------------------+ 
 
There is no further information in respect of the above appointments required to 
be disclosed pursuant to Schedule 2(g) of the AIM Rules for Companies. 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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