AGM Statement

RNS Number : 5100J

Solid State PLC

08 August 2012

 



8 August 2012

Solid State plc

("Solid State" or the "Company")

AGM Statement

Solid State plc (AIM: SSP), the AIM listed supplier of industrial/ruggedised computers, specialist electronic components and battery power solutions to the electronics market, is pleased to announce that at today's Annual General Meeting to be held at 11:00am at the offices of Solid State plc, 2 Ravensbank Business Park, Hedera Road, Redditch, Worcestershire B98 9EY, the Chairman, Gordon Comben, will make the following statement. 

"Solid State has made a confident start to the current financial year.  Our niche sectors have shown good resilience supported by the global demand for our products. 

The relocation of Solid State Supplies from Paddock Wood to new purpose built facilities in Redditch has been completed without disruption.  This timely move offers greater internal efficiency, will allow the development of added value services in-house (such as taping and reeling and device programming) and gives Solid State an excellent platform for further growth of its specialist electronic components division.

While the Board of Solid State is mindful of the challenging economic conditions it remains optimistic over the prospects for the Company and looks forward to updating the market in due course."

For further information please contact:

Solid State plc	01892 839 313
Gary Marsh - Chief Executive	[e-mail]
WH Ireland (Nominated Adviser)	0117 945 3470
Mike Coe/Marc Davies
Winningtons (Financial PR)	020 3176 4722
Tom Cooper/Paul Vann	0797 122 1972
	[e-mail]

Notes to Editors:

Solid State plc (SSP) is a leading value added group of companies providing specialist distribution, design-in and manufacturing services to those acquiring industrial/rugged computing products, battery power solutions and electronic components for use in harsh environments. 

Serving niche markets in oil & gas production, medical, construction, security, military and field maintenance, Solid State acts as both a distributor to OEMs and bespoke manufacturer of specialist units to clients with complex requirements.

Headquartered in Paddock Wood in Kent, Solid State employs over 100 staff across four sites.  Solid State operates through two main divisions: Solid State Supplies and Steatite.

Solid State was established in 1971 and admitted to AIM in June 1996.

 

END

 

 

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