| The Board
of Proton Power Systems plc (AIM: PPS), a leading designer, developer and
producer of fuel cells and fuel cell electric hybrid systems, is pleased
to announce that it has appointed Dr Faiz Francois Nahab as a Non-Executive
Director of the Group with immediate effect.
Dr Nahab, 65, brings over 30
years of management and consultancy experience from high-technology projects
in the pharmaceutical, medical, electrical and industrial sectors across
Europe, Germany, and the Middle East. Since 1981 he has owned and
developed a number of multi-million dollar technology firms that acted
as local partners to global companies such as MSD, Zeiss and Siemens.
He was responsible for directing company restructuring and expansion; providing
consultancy on projects, product development, sales and marketing; and
providing financial advice in budget control, banking facilities, and product
financing. Dr Nahab also has a PhD in electronics specialising in
semiconductors.
Commenting on the appointment
John Wall, Chairman of Proton Power, said: "I am delighted to be welcoming
Faiz to the Group. His knowledge of, and contacts in, the technology
and industrial sectors as well as his management and financial experience
will be extremely valuable in helping turn Proton Power into a cash-generating
business. I look forward to working with him at this exciting time".
On his appointment Faiz Francois
Nahab commented: "I am delighted to be joining the Board of Proton Power.
The Company is well placed to take advantage of the increasing demand for
environmentally friendly fuel cell systems. I am confident that my experience
will help Proton Power take advantage of the numerous market opportunities
ahead." |