Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Marketing Agreement

4th Aug 2014 07:00

HAYDALE GRAPHENE INDUSTRIES PLC - Marketing Agreement

HAYDALE GRAPHENE INDUSTRIES PLC - Marketing Agreement

PR Newswire

London, August 3

Haydale Graphene Industries plc ("Haydale" or the "Company") Marketing Agreement with planarTECH LLC for Asia-Pacific region Haydale Graphene Industries plc (AIM:HAYD), the Company focused on enablingtechnology for the commercialisation of graphene, is pleased to announce it hasentered into a marketing agreement with planarTECH LLC. ("planarTECH")("Agreement"), to accelerate the commercialisation of graphene across theAsia-Pacific region ("APAC"). The Agreement is a rolling annual contract and will focus on the marketing anddistribution of Haydale HDPlas® functionalised graphene nanoplatelets, inks,few layered graphenes, multi-walled and single/double walled carbon nanotubes. With over 15 years of experience in the synthesis of CNTs and graphene,planarTECH has continually developed graphene process know-how and connectionsto leading research institutions in Korea, the US and Europe. They will marketand promote Haydale's functionalised nanomaterial products to potential R&Dcustomers and commercial partners specifically in China, Japan, Korea andTaiwan. A warrant agreement has been entered into between the Company and planarTECHwhich grants planarTECH up to 20,000 warrants to subscribe for ordinary sharesof £ 0.02p each in the Company ("Ordinary Shares") at an exercise price of £1.60 subject to the satisfaction of certain vesting conditions relating to therevenues generated by planarTECH for the Company in the period to 30 June 2015.These warrants have an exercise period beginning 1 July 2015 and ending 30 June2018. Following this agreement Haydale now has 1,041,215 options and warrantsoutstanding over Ordinary Shares representing 9.26% per cent. of the Company'stotal issued share capital. Ray Gibbs, CEO at Haydale, commented: "The ability to fully commercialise graphenes has been a stumbling block forthe industry, particularly in the APAC region where the majority of patents forgraphene-based applications originate. planarTECH's industry knowledge andconnections are substantial with a track record of success in the region. Thisagreement should enable Haydale to significantly increase its presence in amajor rapidly growing market. We expect this agreement to allow a greaternumber of potential R&D customers to test and analyse our plasma functionalisedmaterials for integration into their specific products and applications. We areexcited to be working with the hugely knowledgeable team at planarTECH - a teamwith in-depth experience of the graphene and 2D materials market landscape, aswell as market entry advice and access to top-tier OEM partners across Asia." Patrick Frantz, President and CEO of planarTECH, commented: "We're very pleased to be working with Haydale to bring its unique plasmafunctionalisation technology to customers in Asia, and we've already seenstrong interest in functionalisation services from CNT and graphenemanufacturers. We believe that Haydale's process will be a key factor in thesuccess of the entire graphene industry." - ends - For further information please contact: Haydale Graphene Industries plc 01269 842 946John Knowles, ChairmanRay Gibbs, Chief Executive Officer Cairn Financial Advisers LLP (Nomad) 0207 148 7900Tony RawlinsonPaul Trendell Cantor Fitzgerald Europe (Broker) 020 7894 7000David ForemanPaul Jewell Hermes Financial PRTrevor Phillips 07889 153 628Chris Steele 07979 604 687 About Haydale Haydale has developed a patent-pending proprietary scalable plasma process tofunctionalise graphene and other nanomaterials. This enabling technology canprovide Haydale with a rapid and highly cost-efficient method of supplyingtailored solutions to enhance applications for both raw material suppliers andproduct manufacturers. Functionalisation is carried out through a low-pressure plasma process thattreats both mined, organic fine powder and other synthetically producednanomaterial powders, producing high-quality few layered graphenes and graphenenanoplatelets. The process can functionalise with a range of chemical groups,with the level of functionalisation tailored to the customer's needs. Gooddispersion improves the properties and performance of the host material andensures the final product performs as specified. The Haydale plasma process does not use wet chemistry, nor does it damage thematerial being processed; rather, it can clean up any impurities inherent inthe raw material. The technology is a low energy user and most importantlyenvironmentally friendly. The Haydale method is an enabling technology,allowing the Company to work with a raw material producer who seeks to addvalue to the base product and tailor the outputs to meet the targetapplications of the end user. Haydale, based in South Wales and housed in a purpose-built facility forprocessing and handling nanomaterials, is facilitating the application ofgraphenes and other nanomaterials in fields such as inks, sensors, energystorage, photovoltaics, composites, paints and coatings. www.haydale.com About planarTECH LLC Headquartered in The Woodlands, Texas and with regional offices in Korea,planarTECH aims to enable graphene, carbon nanotubes (CNTs), and 2D materialapplications development by providing researchers worldwide with high-qualityscientific & R&D equipment for materials synthesis and characterization. With aglobal network of researchers at leading institutions in Asia, the US andEurope, planarTECH has assembled the process know-how to assist its customersin starting material applications and process development as quickly aspossible. Its customer base includes leading corporate and academic R&D labsaround the world. planarTECH's staff also have extensive experience in the graphene industryspecifically and the electronics supply chain within Asia in general. Drawingon this experience, planarTECH offers customers consulting services to providein-depth knowledge of the graphene and 2D materials market landscape, as wellas market entry advice and access to top-tier OEM partners in Asia (Japan,Korea, Taiwan and China).

http://www.planartech.com


Related Shares:

Haydale
FTSE 100 Latest
Value8,582.81
Change-76.04