Cambrionix, Leaders in Mobile Technology, Charging and Connectivity, Announces Strong Year End Results for 2012 and New Management Structure

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It was another very successful year for the company with increased turnover and good cash generation. The company has made significant progress in the year in building up the management team, improving its supply chain management and investing heavily in Research and Development.

The investment in the company infrastructure has resulted in new improved products (see http://www.cambrionix for more information) being brought to market.

The injection of these new products is forecast to lead to even stronger growth in company turnover. The market in which the company operates is expanding massively over the next few years and the company believes with its new superior products it can benefit from this growth and increase its market share.

The company also announced changes in the management structure.

Victoria Tyson is stepping down as Managing Director but has agreed to stay on the Board as a non- executive director.

Kevin O'Hara, the current Finance Director, has been appointed as the new Managing Director. Kevin brings a wealth of experience to the role, having worked at Board Level for over 20 years in a range of industries, and has particular experience in managing growth companies.

He said,'Victoria has laid the foundations for growth and we would like to thank her for all her hard work and look forward to her continuing input as a non executive director. The company has invested heavily over the last year in Research and Development and we now have an exciting new range of products which we believe to be 'best of class' in the charging and synchronisation of mobile devices market. The company is set for rapid growth over the next few years after another successful and profitable year in 2012'

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Kevin O'Hara
Cambrionix Ltd.
+44 (0) 1223 422 249

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Cambrionix Ltd.
+44 (0) 1223 422 249
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