Advanced Power Components plc announced that Mr. Will David intends to step down from the position of Non-Executive Chairman immediately following the Company's Annual General Meeting (the AGM) to be held at noon January 25, 2013. At a Board Meeting to be held immediately after the AGM it is the Company's intention to appoint Mr. Leonard Seelig to the Board of Directors as the new Non-Executive Chairman. In addition, a resolution to elect Ms. Tessa Laws as a Non-executive Director at the AGM has been included in the business of the meeting.

Leonard Seelig has had a successful career in finance spanning over 25 years and including senior positions in the US and Europe with America's large banks. Mr. Seelig is currently actively involved both at an operating and board level in several companies in the green technology space, including: an anaerobic digestion operating and development company currently completing construction on its second commercial scale plant with a significant roll out planned; a European on-shore wind developer with well-developed assets in Northern Ireland, Poland and elsewhere; and a solar energy development finance company actively involved throughout Europe and increasingly in North America and select emerging markets. Ms. Laws trained as lawyer, and, once qualified, specialised in corporate transactions in the media and renewable energy sectors.

Tessa has since successfully established her own legal practice and consultancy, and is expected to run these alongside the duties she will take on with APC.