Tanfield Group PLC
24 November 2005
Tanfield Group Plc ('the Company')
Distribution and New Product
The Directors of Tanfield Group Plc are pleased to announce that the Company's
strategy of increasing its distribution network for the Aerial Access division
has resulted in further major distributor appointments.
Within the last month, distributors have been appointed in geographical areas
where the company was not previously represented, including Russia, Turkey,
Lithuania, Latvia, Greece and Cyprus. We are pleased to report that we are now
receiving our first orders from within these territories. The strategy of
planned growth of the distribution network is ongoing and due to the high levels
of interest from potential partners, we anticipate further distributor
appointments in coming months. The Company's Aerial Access Division currently
has 35 distributors compared to 15 at the beginning of the year.
The Directors are also pleased to announce that within the JumboTug (airport)
division, the first of the 'next generation' of high performance baggage
tractors will commence operational field trials on 18th December. Due to the
improved duty-cycle of this new product interest has been high and we will be
producing further vehicles for trial and sale in the North American and Asian
markets in January.
Enquiries:
Roy Stanley, Chief Executive,
Tanfield Group Plc Tel. 01207 521111
Ruari McGirr,
Daniel Stewart & Company Plc Tel. 020 7776 6550
This information is provided by RNS
The company news service from the London Stock Exchange
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