Danka officer to be promoted.ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Sept. 23, 1996--Danka Business Systems PLC (NASDAQ/NMS:DANKY) Monday announced that Chief Financial Officer David C. Snell will be promoted to Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of the Company effective Oct. 1, 1996. Snell joined Danka in 1978 and was appointed as Chief Financial Officer and a member of the Board of Directors in 1988. During his tenure at Danka, Snell has played an integral role in managing the rapid growth of the Company and in integrating the numerous businesses acquired by Danka into the company's existing branch network. Most recently, his energies were devoted to the negotiations between Danka and Eastman Kodak Co. for the proposed purchase of certain assets of Kodak's Office Imaging business, and Kodak's facilities management The management of a user's computer installation by an outside organization. All operations including systems, programming and the datacenter can be performed by the facilities management organization on the user's premises. business, Kodak Imaging Services. Danka Business Systems PLC, headquartered in St. Petersburg, is one of the largest and fastest growing independent suppliers of automated office equipment and related service and supplies in North America, Europe, Australia and New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. . Danka's ADS are listed on the NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on and its Ordinary shares are listed on the London Stock Exchange London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. . CONTACT: Danka Business Systems PLC, St. Petersburg William T. Freeman, 813/576-6003 or Paul G. Dumond, 011-44171-603-1515 |
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