30th Aug 2006 07:00
Sigma Capital Group PLC30 August 2006 FOR IMMEDIATE RELEASE 30 August 2006 SIGMA CAPITAL GROUP PLC ("Sigma" or the "Company") 25-year partnership with the Robert Gordon University Sigma Capital Group PLC today announces that, following the announcement inApril 2006 of signed Heads of Agreement with the Robert Gordon University ("RGU"or the "University"), it has now entered into a legal Relationship Agreement fora 25-year partnership with RGU. The partnership has been formed to maximise the commercial value of technologiesdeveloped by RGU and is in line with Sigma's strategy of partnering withScottish Universities on a long-term basis to help them identify and progresscommercialisation opportunities. Under the terms of this partnership, Sigma will work with RGU to facilitate itscommercialisation activity across all faculties. In return, Sigma will receiveequity in new spin-out companies from the University and a share of income fromlicensing. Graham Barnet, Sigma's Managing Director, commented, "We are delighted to beformalising the excellent working relationship we already have with the RobertGordon University. This long-term partnership, combined with our recentinvestment in B1 Medical Limited, further demonstrates our commitment toenhancing and accelerating the commercialisation of intellectual propertyemerging from universities in Scotland." Professor Peter Robertson, Vice-Principal of the Robert Gordon University said,"The University's research strategy is very much focused on working inpartnership to find solutions to real problems and our relationship with Sigmafits in very well with this ethos. It will build on the expertise of RGU and itspartners to generate ideas, provide access to excellent research and bring newproducts to market." -ENDS- ContactSigma Capital Group plcGraham Barnet, Joint Managing Director 0131 220 9444 Buchanan CommunicationsDiane Stewart 0207 466 5000 Notes to Editors The Robert Gordon University The University has three faculties: Design and Technology, Health and SocialCare and Aberdeen Business School. The partnership will cover all threefaculties of RGU, which include Schools of Computing, Engineering, HealthSciences, Life Sciences and Pharmacy. RGU also has a strong research base inrenewable energy technologies. The Robert Gordon University, Aberdeen, is one of the oldest technologyinstitutes in the UK. It has a national and international reputation forexcellence in the provision of highly relevant professional education deliveringmore than 300 courses to approximately 12,000 full and part-time students. RGUcame top in an independent Times Higher Education Supplement survey of UKUniversities, with the highest income generated from business through commercialsales and consultancy, generating over £42 million in 5 years from this activityalone. For further information on the University, contact: Helen MillCommercialisation DirectorThe Robert Gordon UniversityCREDOSchoolhillAberdeenAB10 1FR 01224 262023 www.rgu.ac.uk About Sigma Capital Group plc Sigma Capital Group PLC is an AIM listed UK asset management and advisory group,which focuses on Specialist Fund Management, Commercialisation of University IPand Property. Sigma was founded in 1997 by Graham Barnet and Neil Crabb, and hasoffices in Edinburgh and London. Sigma announced in July 2006 an investment B1Medical Limited, a partnership between two universities and the NHS and whichwill focus on the commercialisation of technology in the field of medicaldevices for orthopaedics. www.sigmacapital.co.uk This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
SGM.L