Resignation of Chief Financial Officer

RNS Number : 8823Q

Spectra Systems Corporation

05 December 2016

 

Spectra Systems Corporation

("The Company" or "Spectra Systems")

Resignation of Chief Financial Officer

Spectra Systems, a leading supplier of authentication technology for banknotes, brand authentication and tax stamps, announces that Douglas Anderson, Chief Financial Officer and Company Treasurer, has tendered his notice to resign from the Company on 31 December 2016.  Mr. Anderson is departing to pursue other business opportunities.

Dr. Nabil Lawandy, CEO of Spectra Systems, stated: "Doug has been an invaluable resource to the Company and to me and on behalf of the Board I thank him for all of his contribution to Spectra and wish him every success in future.  We are confident we will attract highly qualified candidates and be successful in appointing a new Chief Financial Officer in the very near term.

"A search for his successor is underway and we will make an appropriate announcement when that process concludes."

Enquiries:

Spectra Systems Corporation

   Dr. Nabil Lawandy, Chief Executive Officer                            Tel: [phone]

WH Ireland Limited

   Chris Fielding (Head of Corporate Finance)                           Tel: [phone]

 

END

 

 

BOAFSAFWEFMSEEE