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Danka Appoints CEO, P. Lang Lowrey as Chairman of the Board of Directors

Monday, December 17, 2001

Press release from the issuing company

ST. PETERSBURG, Fla.--Dec. 17, 2001--Danka says that P. Lang Lowrey, Chief Executive Officer, will also assume the role of Chairman of Danka's Board of Directors effective January 13, 2002. Michael B. Gifford, the current Chairman, will remain as a Director of Danka following January 13, 2002. Although a London based PLC, Danka's combination of the role of Chairman and Chief Executive Officer follows common practice in the United States and will provide Danka with a senior management structure that is more familiar to, and more easily understood by, Danka's predominantly U.S. security holders, financiers, trading partners and customers. Danka also announced the appointment of Dr. Kevin C. Daly to its Board of Directors also effective January 13, 2002. Daly is currently the Chief Technical Officer for the Storage Solutions Group of Quantum Corporation. Daly had been President and Chief Executive Officer of ATL Products from its formation in 1991 to its recent integration into the Quantum Corporation. The company is a leading supplier of data protection systems for computer networks and serves more than one-half of today's Fortune 500 Companies. Prior to forming ATL, Daly was the Chief Technical Officer at Odetics, Inc. of Anaheim, CA. He has also held positions with Charles Stark Draper Laboratory in Cambridge, MA, and as an Adjunct Professor at MIT.

 

 

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