Carclo looks to boost inkjet division

The Ossett-based company, which has a diverse range of products

including lighting for super cars and blood testing equipment, said pre-tax profits for the year to March 31 rose 27 per cent to 4.6m.

The group said chief executive Ian Williamson has agreed to stay on until 2013 to oversee the development of its Conductive Inkjet Technology (CIT) division, which prints 'invisible' metal lines on plastic products such as touch screens and medical sensors. Under company rules Mr Williamson should only work until his 60th birthday next year. Shareholders will vote on his reappointment at the AGM on September 2.

CIT is now generating commercial revenues and sales are expected to step up significantly in the second half as new touch sensor products enter production.

Last year Carclo signed a deal worth up to 1.2m with US electronics heavyweight Atmel Corporation. Atmel, a global leader in design and manufacture of touch screens and microcontrollers, has agreed to minimum annual volume targets for 2011 and 2012 to maintain its preferential access to CIT's production.