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ADVANCED BRAKING TECHNOLOGY LTD — Board/Management Information 2012
Jun 19, 2012
64282_rns_2012-06-19_4b62d1a9-c23c-4619-8fd3-0d6a7d224d2d.pdf
Board/Management Information
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ASX/MEDIA RELEASE
20 June 2012
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Multiple new appointments support growth
Advanced Braking Technology Ltd (ASX:ABV) (“ ABT ” or Company ”), developer of the patented SIBS® braking system, today announced the expansion of its sales and engineering teams. The appointments are expected to fast track the growth in its existing strong mining market as well as the potentially lucrative waste industry market.
Stephen Wilkinson has been promoted to the role of Global Sales and Marketing Manager. Louis Scheepers and Paul Smith have been appointed as Regional Sales Managers and join Rob Huntjens in an expanded sales effort across Australia reporting to Stephen.
Martin Johnston has been appointed Product Manager, Mining. Martin has recently arrived from the UK where he worked as a Design Manager with Triumph Motorcycles. Martin has extensive experience in new product releases, liaison with suppliers and customer support. Martin will be responsible for all aspects of the mining products including ensuring products out of the Company’s Thai production facility meet the demanding quality standards of ABT’s customers. Martin has experience in Thailand as a range of Triumph motorcycles are manufactured in Thailand.
Jonathan Williams joins the Company as Test Manager. Jonathan, previously with Sprintex, will oversee all the Company’s testing activities including the management of the fleet testing activity on the SIBS® garbage truck brake, in preparation for the commercial release of this product. Also in Jonathon’s testing team is recently appointed Trent Chellingworth who returns to WA after 3 years at Perkins Engines in the UK.
These recent appointments follow the appointment in March of Dr Malcolm Lambert as Program Manager for the SIBS® garbage truck brake project. Malcolm is a highly credentialed professional engineer, having a distinguished career with multi-national automotive parts supplier Delphi.
This expanded team compliments the existing strong team and demonstrates the Company’s commitment to further grow its sales, develop new products and support its customers.
ABT Chief Executive Officer Mr Ken Johnsen said, “The engineering team at ABT is world class and with the support of external consultants from the wider automotive and braking industries, the Company has positioned itself to be a global leader in braking technology. We are proud of our record of retaining and attracting highly skilled staff. The expanded sales team is expected to generate additional solid returns from this world class technology in the new financial year. ”
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For further information, please contact:
Mr Ken Johnsen Chief Executive Officer Advanced Braking Technology Ltd Telephone: +61 (0)8 9273 4800
About Advanced Braking Technology Ltd
Advanced Braking Technology Ltd (ASX: ABV) develops innovative braking systems, with its main product being the Sealed Integrated Braking System (SIBS[®] ), a comprehensively patented Australian invention, now used widely in light commercial vehicles in the mining industry.
SIBS[®] is a fully enclosed, single rotor, high speed wet brake. The brake rotor runs in a bath of oil that serves to cool the brake and minimise wear. An innovative fail safe feature is incorporated into the rear axle brake. As a result, the brakes are virtually wear and maintenance-free and may outlast the vehicles they are fitted to, unlike conventional drum and disc brakes. SIBS[®] brakes deliver better safety, improved productivity and lower operating costs, and are engineered to survive the harshest conditions. The proven technology is environmentally friendly, eliminating brake dust emissions and noise and squealing, and provides benefits for on-road, off-road and industrial applications in terms of safety, reliability, performance and adaptability.
Following the success of the product in the mining sector, the Company has branched into the waste disposal sector, developing the SIBS[®] technology into an innovative garbage truck braking system. After four years of development, the project is now in its final testing phase before commercialisation of the product.
Based in Perth, Western Australia, Advanced Braking has a manufacturing plant in Thailand, worldwide patents on its technology and an extensive reseller network.