Appointment of new CEO

Accsys Technologies PLC 11 October 2007 11th October 2007 AIM: AXS NYSE Euronext Amsterdam: AXS Accsys announces the appointment of new CEO Accsys Technologies PLC ('Accsys' or 'the Company') announces the appointment of Finlay Morrison as Chief Executive Officer, with effect from 10th October. Mr Morrison, aged 47, has joined the Board as an Executive Director. Finlay Iain Morrison has held senior positions at both Celanese and Hoechst Chemical companies over the last twenty years. With a focus on Sales, Marketing and Procurement on a global basis, he has considerable experience throughout Asia and China. His most recent position prior to joining Accsys was as Vice President, Acetyls, at Celanese Corporation. Willy Paterson-Brown, Executive Chairman and previous CEO, of Accsys commented, 'Finlay's extensive international commercial expertise will be invaluable in driving the global licensing activity of the Company. This appointment is another indication of the significant growth being achieved by Accsys as we develop our business on a worldwide basis'. Finlay Morrison added, 'It is a wonderful opportunity for me to take this position with Accsys. I believe whole-heartedly in the enormous potential the Company has and look forward to being an integral part of that growth'. Mr Morrison will immediately become Chief Executive of Titan Wood Ltd., the Company's 100% owned subsidiary, and will, in due course, join the boards of certain Accsys subsidiaries. Mr Morrison has been granted 1,000,000 options at an exercise price of €3.80 per share. In accordance with the AIM Rules for Companies, the Company confirms that there is no further disclosure obligation required, pursuant to Rule 17, Schedule Two, Paragraph (g). For further information, please contact: Accsys Technologies PLC William Paterson-Brown, +44 (0) 20 8114 2510 Executive Chairman Collins Stewart Europe Limited Tim Mickley / Michael O'Brien +44 (0) 20 7523 8000 Parkgreen Communications Justine Howarth / Bex Saunders-Hewett +44 (0) 20 7851 7480 Citigate First Financial B.V. Jose Tijssen / Frank Jansen + 31 (0) 20 575 4024 - ENDS - This information is provided by RNS The company news service from the London Stock Exchange
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