TIDMQXT

RNS Number : 4808Z

Quixant PLC

15 March 2017

15 March 2017

Quixant plc

("Quixant" or the "Group")

Senior Management Update

Quixant (AIM: QXT), a leading provider of innovative, highly engineered technology products principally for the global gaming industry, announces that CEO Nick Jarmany will, for the duration of medical treatment, pass on his executive responsibilities to COO Jon Jayal. Nick will remain on the Board during this time.

Nick Jarmany, CEO of Quixant, commented: "Since founding Quixant we have built a strong management team, including the appointment of Jon Jayal to the Board as Chief Operating Officer. As one of the three founding Directors, I am confident that the structure and quality of management we have in place is more than capable of continuing the growth of the Group in my absence."

For further information please contact:

 
 Quixant plc                       Tel: +44 (0)1223 
                                            892 696 
 Nick Jarmany, Chief Executive 
 Jon Jayal, Chief Operating 
  Officer 
 
 Nominated Adviser and Broker: 
 finnCap Ltd                          Tel: +44(0)20 
                                          7220 0500 
 Matt Goode / Henrik 
  Persson / Simon Hicks 
  (Corporate Finance) 
 Simon Johnson / Alice Lane 
  (Corporate Broking) 
 
 Financial PR:                        Tel: +44(0)20 
                                          8004 4218 
 Alma PR 
 John Coles 
 Hilary Buchanan

About Quixant

Quixant, founded in 2005, designs and manufactures highly optimised computing solutions and monitors principally for the global gaming industry. The Company is headquartered in Cambridge in the UK where the global sales function is based. North America sales and sales support is run from their subsidiary in Las Vegas. Quixant has its own manufacturing and engineering operation based in Taiwan and software engineering and customer support team based in Italy.

In November 2015 Quixant acquired Densitron Technologies plc. Densitron has a strong heritage in the sale of electronic display solutions to global industrial markets. Through Densitron's experienced sales team, Quixant has a robust platform to build its business into wider industrial markets. In-depth information on the Company's products, markets, activities and history can be found on the corporate website at www.quixant.com.

This information is provided by RNS

The company news service from the London Stock Exchange

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March 15, 2017 03:00 ET (07:00 GMT)

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