30th Jun 2014 10:33
LONDON (Alliance News) - Oxford Advanced Surfaces Group PLC said Monday it has made its first commercial sale of its proprietary technology, Onto.
The AIM-listed technology developer which targets engineered materials and surface modification applications in the automotive, aerospace, communications and renewable energy markets, said that an unnamed company placed an order for its EP1020 brush-coat product for adhesion promotion following a trial using the EP1000 evaluation pack.
Oxford Advanced Surfaces said that whilst this was a one-off sale for a specific problem, it demonstrates the capabilities of Onto technology-based products.
No financial details of the deal were disclosed.
Shares in Oxford Advanced Surfaces were trading 15.56% higher at 3.9 pence per share Monday morning, one of the biggest gainers on the London market.
By Alice Attwood; [email protected]; @AliceAtAlliance
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