Appointment of Non-Executive Director

RNS Number : 4235Q

UniVision Engineering Ltd

19 October 2011

 



19 October 2011

UniVision Engineering Limited

("UniVision" or the "Group")

Appointment of Non-Executive Director

UniVision, the AIM quoted Hong Kong based designer and installer of digital surveillance and integrated security systems, is pleased to announce the appointment of Nicholas Lyth as a Non-Executive Director of UniVision with immediate effect. Nicholas is a qualified chartered management accountant and has over 12 years experience as a finance professional, having spent a number of years as director of UK companies.  He has lived and worked in China and can speak and write Mandarin.  Nicholas is currently Non Executive Chairman of Taihua plc, an AIM quoted manufacturer of pharmaceuticals, based in China.

UniVision are also pleased to announce that they have recently appointed Jack Hong as the President of Leader Smart Engineering (Shanghai) Limited ("Leader Smart"), the Group's wholly owned subsidiary in the People's Republic of China ("PRC"). Jack will be responsible for overseeing, developing and managing the operations of Leader Smart and for growing UniVision's presence in Electrical & Mechanical ("E&M") in China where the Group has a new regional branch office in Fuzhou, PRC.

Stephen Koo, Chairman of UniVision, commented: "We are delighted that Nicholas has agreed to join the Board of UniVision.  Being based in the UK, he will be well positioned to liaise with our UK investors on a more frequent basis. We are looking forward to working with Nicholas going forward and in the next stage of the Group's development. We are also pleased that Jack has joined the Group to help grow our China E&M operations."

Nicholas Lyth commented: "I am delighted to join the Board of Univision at this exciting time for the Group. I am sure that I can bring my experience both in China generally and with Taihua plc specifically to enhance shareholder value. As Stephen says, I will be responsible for day to day liaison with UK investors and I look forward to elaborating on Univision's strategy with them."

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For further information visit www.uvel.com or contact

Univision Engineering Limited	[phone]
Stephen Koo, Chairman
Chun Hung Wong, CEO
Nicholas Lyth, Non-Executive Director	[phone]
Allenby Capital Limited (Nominated Adviser/Broker)	[phone]
Nick Athanas/James Reeve

Regulatory Disclosures:

Nicholas James Lyth, aged 45, is or has been a director of the following companies in the past 5 years:

Current Directorships or Partnerships	Past (<last 5 years) Directorships or Partnerships
·     Taihua plc	·     Belle Engineering (Sheen) Limited ·     Belle Holdings Limited ·     Defiant Diamond Tools Limited ·     Errut Products Limited ·     Panther International Limited ·     Avon Equipment Limited ·     NL Consulting Limited ·     China Molybdenum Limited

There are no further disclosures to be made in relation to Mr Lyth under schedule 2(g) or rule 17 of the AIM Rules for Companies.

Notes to Editors:

About UniVision Engineering

UniVision was incorporated in Hong Kong in 1979 and is now established in Hong Kong, Macau and China. The Group designs, sources and sells its own brand-name products and OEM products including, Microprocessor CCTV Control Systems, Video Distribution Amplifiers, Fibre Optic Transmission Systems and Smart Card Access Systems.

UniVision currently offers hybrid security systems and has a portfolio of cutting edge digital technology used by its blue chip client base and the Hong Kong Government. UniVision is included in the Hong Kong Government's list of "Approved Suppliers and Installation of Video Electronics Equipment".

To date the Group has completed high profile projects for clients including Hong Kong International Airport, Tsing Ma Bridge Crossing, Mass Transit Railway, Shanghai Plaza 66 and Sydney CityRail Network selling its products through its distribution channels in China, Taiwan and other Asian countries.

 

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