Board changes
Toumaz Limited (AIM: TMZ, 'Toumaz', or 'the Group'), a
pioneer in and provider of ultra-low power, high
performance wireless communications and healthcare
monitoring technologies and solutions, announces the
appointment of Anthony Sethill as Chief Executive Officer.
Following today's annual general meeting, Chris Toumazou
will become Executive Chairman and Sir Richard Sykes,
formerly Executive Chairman, will step down from the Board.
Anthony Sethill was a founder of Frontier Silicon Ltd, the
leading supplier of digital broadcast and network audio
products, in 2001 and was CEO until December 2011. He
successfully grew the business, establishing Frontier
Silicon as a strategic supplier of digital audio chips and
modules to global consumer electronic brands.
Prior to that, Anthony was Managing Director of Consumer &
Mobile Phone Products at Amstrad PLC, Sales and Marketing
Director at Samsung (UK) Ltd, and has also held positions
with ONDigital and Alba Group Plc.
Professor Chris Toumazou, Executive Chairman of Toumaz,
commented:
"As we indicated at our results on 2 April, we have
changed the Board's composition to reflect our new
strategic and operational needs.
"In recognition of the excellent progress made in
developing our proprietary technologies, we are
strengthening our commercial credentials. Anthony's
experience will provide us with the commercial expertise to
implement our international development, whilst I will
continue to focus on strategy and the exploitation of our
industry networks around the world.
"On behalf of the Group, I would like to thank Richard
for his considerable contribution to Toumaz over the years.
He leaves us in a great position to be able to promote our
leading IP in a range of health, sport and consumer
markets."
Anthony Sethill, CEO of Toumaz, commented:
"I am pleased to be joining Toumaz at such an important
stage in its development and to be working with Chris and
the team to exploit and rapidly commercialise the Group's
exciting technology."
Further information on Anthony Ian Sethill (age 51):
Previous directorships:
Frontier Silicon (Holdings) Ltd
Frontier Silicon Ltd
Frontier Silicon (HK) Ltd
Bush Internet Ltd
Grundig Satellite Communications Ltd
Amstrad Plc
There are no further matters to be disclosed pursuant to
Schedule 2 paragraph (g) of the AIM Rules.
Enquiries:
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Toumaz Limited
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Chris Toumazou, Executive Chairman
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020 75946168
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FinnCap
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020 7600 1658
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Geoff Nash / Henrik Persson (Corporate Finance)
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Brian Patient (Corporate Broking)
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College Hill
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020 7457 2020
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Adrian Duffield/Rozi Morris
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About Toumaz - (www.toumaz.com)
Toumaz is pioneering low cost, ultra-low power
wireless technologies for a wide range of markets
including medical
monitoring and internet-connected consumer
devices.
The Group has two businesses; Toumaz Healthcare covering
health technology solutions, and Toumaz Microsystems
covering the design and development of semiconductor chips
and solutions for low power and high-performance wireless
communication.
Toumaz Healthcare provides wireless healthcare monitoring
solutions for the hospital and home health markets.
Toumaz's licensable smart sensor interface and transceiver
platform, Sensium, is a leader in real-time wireless
monitoring of the body's vital signs. Sensium has the
potential to transform medical monitoring and reduce the
cost of healthcare by wirelessly
connecting individuals to healthcare providers
- simply, affordably and unobtrusively. For
healthcare professionals, this creates new opportunities
for pro-active monitoring and improved quality of care. For
patients, it delivers new opportunities for
lifestyle-compatible personalised healthcare.
Toumaz Microsystems designs, develops and sells low-power
and high performance semiconductor chips and solutions for
the growing embedded wireless connectivity market,
addressing opportunities in a wide range of internet
connected devices. These include home and enterprise
automation, healthcare, smart power, security/monitoring
systems, intelligent toys and other connectivity-centric
cloud-enabled systems.
Its key product, Telran, the world's lowest power radio
system-on-chip forms the basis for Toumaz UK's Sensium
platform.
Toumaz is an AIM listed company (AIM: TMZ) with
development centres in Abingdon, UK and Taipei
City, Taiwan.
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