ARC International announces the appointment of Jeremy (Jez) San OBE to the Board as Non-Executive Director with effect from 4 November 2002.
Jez, 36, has 20 years of valuable experience in the technology industry. In 2001, he was voted Entrepreneur of the Year by the European Technology Forum and he has recently received an OBE for services to the computer game industry.
Jez is Chief Executive Officer of Argonaut Games PLC and was a founder of ARC International. When ARC International was demerged from Argonaut in September 1998, he retained a major shareholding in the Company and currently holds 17% of its issued share capital through a family trust. Jez holds no other directorships in publicly quoted companies outside the Argonaut Group.
Mike Gulett, CEO of ARC International, commented:
"We are very pleased to welcome our co-founder and a major shareholder to the Board of ARC International. Jez has been a constant support to the new management team this year and brings with him, exceptional talent and industry knowledge. We very much look forward to his input in the coming months."
There are no other details about Mr San required to be disclosed under rule 16.4 of the listing rules of the UK Listing Authority.
About ARC International
ARC International is an industry-leading developer of embedded user-customizable, high-performance 32-bit RISC/DSP processor cores, with integrated development tools, peripherals, RTOS and software. These integrated products and solutions are a result of the acquisitions of MetaWare, VAutomation and Precise Software Technologies. ARC's integrated intellectual property solutions assist customers in rapidly developing next generation wireless, networking and consumer electronics products, reducing the number of IP suppliers, reducing time-to-market, reducing costs, and reducing the risk for System-on-Chip product development. Products based on ARC's technology include digital still cameras, set-top boxes, and network processors.
ARC International employs more than 200 people in research and development, sales, and marketing offices across North America, Europe and Israel. Full details of the company's locations and other information are on the company's web site, www.ARC.com. ARC International is listed on the London Stock Exchange as ARC International plc (LSE:ARK).