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Wednesday 22 July, 2009

Corac Group Plc

Change of advisor

RNS Number : 0514W
Corac Group Plc
22 July 2009
 



Immediate Release

22 July 2009



Corac Group plc ('Corac')


Change of advisor


Corac (AIM: CRA) is pleased to announce the appointment of JM Finn Capital Markets Limited ('FinnCap') as Nominated Advisor and sole Broker with immediate effect.


For further information please contact: 


Corac Group plc

 01895 813463

Professor Gerry Musgrave, Executive Chairman


Philip Newell, Finance Director 




FinnCap

020 7600 1658

Geoff NashCorporate Finance


Marc YoungCorporate Finance


Brian PatientSales




Buchanan Communications

020 7466 5000

Richard Darby/Ben Romney



NOTES TO EDITORS

Corac is an engineering and technology company developing and patenting innovative solutions utilising its compact, high power compressors based on its unique expertise and technology including oil free air bearings, high speed motors and power electronics.

Corac's pre-production, energy efficient compressors are supercharging existing industrial air compressors used in the food and beverage industry. Corac is also part of a joint industry programme with major gas operators to deploy Corac's technology in waning natural gas wells to increase the amount and rate of gas extraction.

Further information on Corac is available on the internet at www.corac.co.uk 





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