Director Appointment
Oxford Catalysts Group PLC
01 March 2007
1st March 2007
OXFORD CATALYSTS GROUP PLC
('Oxford Catalysts' or 'the Company')
Board Appointment
Oxford Catalysts Group PLC, the leading catalyst innovator for clean fuels, is
pleased to announce that it has appointed Jeremy Scudamore to the Board as a
Non-executive Director with immediate effect.
Jeremy Scudamore started his career at ICI in 1971 and, by 1994, had become the
Managing Director of Zeneca Seeds, Business Director of Zeneca Agrochemicals and
Regional Executive - Eastern Europe, Zeneca Group. From 1997 to 1999, Jeremy was
Chief Executive of Zeneca Specialities and Chairman of Zeneca Manufacturing
Partnership.
In 1999, Jeremy led the £1.3bn buyout of Zeneca Specialities from AstraZeneca in
what was, at the time, the largest ever buyout in Europe. Jeremy became Chief
Executive of the newly formed Avecia Group, where he successfully restructured
the business into a pure biotechnology company. He later went on to become
Chairman of the group.
Jeremy currently holds a number of Non-executive Directorships in the technology
industry, including ARM Holdings PLC and Stem Cell Sciences PLC. He is Chairman
of England's North West Science Council.
Commenting on his appointment, Jeremy Scudamore said:
'I am delighted to join this impressive team which is developing and
commercialising some of the most exciting technologies in the clean fuels space.
I look forward to working with them.'
Commenting on the appointment, Roy Lipski, Chief Executive Officer of Oxford
Catalysts said:
'Jeremy brings a great deal of relevant business and industry experience to our
Board. Coupled with Oxford Catalysts' strong team and technology platforms, this
will be a winning combination. Particularly, Jeremy's depth of experience in
commercialising IP will greatly contribute to our business.'
The directorships and partnerships held by Jeremy P Scudamore (aged 59) now and
over the five years preceding the date of appointment are as follows:
Current Directorships/Partnerships
Non-executive Director ARM Holdings PLC
Non-executive Director Stem Cell Sciences PLC
Non-executive Chairman Oxford Advanced Surfaces Ltd
Non-executive Chairman The Boardlink Group
Chairman England's North West Science Council
Board Member Manchester Knowledge Capital
Directorships in the past 5 years
Executive Director Avecia Biotech Properties Limited
Executive Director Avecia Fine Chemicals Limited
Executive Director Avecia Finance PLC
Executive Director Avecia Group PLC
Executive Director Avecia Holdings PLC
Executive Director Avecia 10 Limited
Executive Director Avecia Corporation Limited
Executive Director Avecia Limited
Executive Director Avecia Pharmaceuticals Limited
Executive Director Avecia Inkjet Limited
Executive Director Avecia Investments Limited
Executive Director Avecia Trading Limited
Executive Director Avecia Toner Resins Limited
Executive Director Avecia UK Holdings Limited
Executive Director Av No.2 Limited
Executive Director Av No.3 Limited
Executive Director Iliad 3 Limited
As at the date of this announcement, Mr Scudamore has no interests in the
capital of the Company.
There are no other matters to be announced as required under paragraph (g) of
Schedule 2 of the AIM Rules.
- Ends -
For further information, please contact:
Roy Lipski, Oxford Catalysts 07789 810 592
Megan MacIntyre, KBC Peel Hunt 020 7418 8900
Jonathon Brill / Billy Clegg, Financial Dynamics 020 7831 3113
Notes to Editors
Oxford Catalysts Group PLC, the leading catalyst innovator for clean fuels,
designs and develops specialty catalysts for the generation of clean fuels from
both conventional fossil fuels and certain renewable sources such as biomass.
Its patent-pending technology is the result of almost 20 years of research at
the University of Oxford's prestigious Wolfson Catalysis Centre, headed by
Professor Malcolm Green, one of the world's most respected inorganic chemists.
Oxford Catalysts was founded by Professor Green and Dr Xiao in October 2004 and
was admitted to trading on the AIM market of the London Stock Exchange on 26th
April 2006, having raised £15m before expenses from a solid base of
institutional investors.
Oxford Catalysts' strategy is to license its catalysts for commercial
application by entering into co-development partnerships with leading
manufacturers, producers and suppliers in the petroleum, petrochemicals, fuel
cells, biogas, steam applications and catalysis markets.
Oxford Catalysts has two key platform technologies. The first is for a novel
class of catalysts made from metal carbides which, for certain reactions, can
match or exceed the benefits of traditional precious metal catalysts at a lower
cost. Applications of these metal-carbide catalysts include the removal of
sulphur from crude oil fractions (known as hydro-desulphurisation or HDS), the
conversion of natural gas or coal into virtually sulphur-free liquid fuels via
the Fischer-Tropsch reaction (known as the GTL and CTL processes respectively),
and the transformation of biogas (waste methane) into syngas - the building
block of liquid fuels.
The second platform relates to chemical reactions involving a liquid fuel
containing an alcohol (such as methanol), hydrogen peroxide and water. The
company's novel catalyst can be used to release hydrogen gas from this liquid
fuel, instantaneously starting from room temperature. This groundbreaking
hydrogen-on-demand technology has the potential to significantly accelerate the
commercial adoption of fuel cells in the portable and other mobile markets, by
providing the much needed source of cheap, safe transportable hydrogen.
Another of the company's catalysts can be used to produce superheated steam
(800c+) from the above fuel, instantaneously starting from room temperature.
Such portable high-temperature steam could have important applications in a
broad range of markets, from cleaning and disinfecting, to motive power and
electricity generation.
www.oxfordcatalysts.com
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