Danka Announces Appointment of New Directors.ST. PETERSBURG, Fla. -- Danka Business Systems PLC (NASDAQ: DANKY) today announced the appointment of Joseph E. Parzick and Eric D. Muller Hermann Joseph 1890-1967. American geneticist. He won a 1946 Nobel Prize for the study of the hereditary effect of x-rays on genes. Mr. Parzick joined the Cypress Group as Managing Director in June 2003. He spent the previous four years as a Managing Director in Morgan Stanley's Financial Sponsor Group. Prior to that, he was a Managing Director of EXOR EXOR - Exclusive-Or Gate America Inc., a merchant banking affiliate of the Agnelli Giovanni Agnelli, 1866–1945, served as a cavalry officer until 1892. One of the founders (1899) of Fiat (Fabbrica Italiana Automobili Torino), he became its head in 1901. He also established (1907) Italy's first ball-bearing plant. Under Agnelli's leadership, Fiat became one of Europe's leading manufacturers of automobiles and also produced airplanes, railroad cars and locomotives, streetcars, and tractors as well as armament for the Italian military. Group. Mr. Parzick is also a Director of the Meow Mix Company, Republic National Cabinet Corporation, and Stone Canyon Entertainment Corporation. Mr. Muller joined the Cypress Group as a Vice President in 2003. Previously, Mr. Muller was a Vice President in the investment banking division of Goldman, Sachs & Co. Mr. Muller focuses his efforts on Cypress' industrial and business services investments. "We are delighted with the appointment of Joe and Eric to our Board of Directors," commented A.D. Frazier, Danka's Chairman and Chief Executive Officer. "Each of them brings a wealth of knowledge and experience which will be most beneficial as we embark on this new chapter in the company's history. We also thank Jamie for his many years of exemplary service to Danka and we wish him well in his new endeavors." About Danka Danka delivers value to clients worldwide by using its expert technical and professional services to implement effective document information solutions. As one of the largest independent providers of enterprise imaging systems and services, the company enables choice, convenience, and continuity. Danka's vision is to empower customers to benefit fully from the convergence of image and document technologies in a connected environment. This approach will strengthen the company's client relationships and expand its strategic value. For more information, visit Danka at www.danka.com. Danka is a registered trademark of Danka Business Systems PLC. All other trademarks are the property of their respective owners. |
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