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REG - Spectra Systems Spectra Systems-SPSC - Appointment of Chief Financial Officer

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RNS Number : 7203O  Spectra Systems Corporation  14 June 2022

Spectra Systems Corporation

("The Company" or "Spectra Systems")

Appointment of Chief Financial Officer

Spectra Systems Corporation, a leader in machine-readable high speed banknote
authentication, brand protection technologies and gaming security software is
delighted to announce that it has agreed to appoint Colleen Hamill, C.P.A.
(aged 56) as its new Chief Financial Officer.

Colleen Hamill started her career in 1987 at KPMG Peat Marwick in public
accounting prior to working as an Accounting Manager at HMK Enterprises, Inc.
an $820MM diversified holding company from 1990 to 1996.  From 1996 to 2007,
Ms. Hamill was the Global Corporate Controller and a member of the senior
management at Brewster Wallcovering, a global distributer and manufacturer of
wall covering and related products. Following this position, she held the
position of Senior Director of Corporate Accounting at GTECH (now IGT) for
eight months before moving to the position of Senior Manager for Financial
Reporting at Brookfield Renewable Power, a $12B operator and developer of
hydroelectric power facilities. From 2010 to 2015, Ms. Hamill was the Global
Manager for consolidations at Covidien, a $10B medical devices company.  From
this position, she has worked as the Finance Leader in the US operations of
Boston-Power, a venture capital-backed developer and manufacturer of
lithium-ion batteries and most recently as the Global Controller at Harvard
Biosciences.

This announcement contains inside information for the purposes of Article 7 of
Regulation 596/2014.

Colleen Hamill has confirmed that there is no further information to be
disclosed pursuant to paragraph (g) of Schedule 2 of the AIM Rules.

 

Dr. Nabil Lawandy, CEO of Spectra Systems, stated: "I am delighted to welcome
Colleen to Spectra Systems and believe that her extensive financial
experience, particularly in technology driven companies will be of immense
value to us."

Enquiries:

 

 Spectra Systems Corporation                          Tel: +1 (0)401 274 4700

 Dr. Nabil Lawandy, Chief Executive Officer

 WH Ireland Limited (Nominated Adviser and Broker)    Tel: +44 (0)20 7220 1650

 Chris Fielding (Head of Corporate Finance)

 Andrew de Andrade (Executive, Corporate Finance)

 Allenby Capital Limited (Joint Broker)               Tel: +44 (0)20 3328 5665

 Nick Naylor/James Reeve (Corporate Finance)

 Amrit Nahal (Sales and Corporate Broking)

 

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