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Cientifica PLC
13 June 2014
Cientifica PLC
("Cientifica" or the "Company")
Development Agreement with Perpetuus Carbon Group
Cientifica PLC, the AIM listed company focused on applications
of graphene, has entered into a collaboration with Perpetuus Carbon
Group ("Perpetuus"), a world leader in the production of nano
surface modified graphenes.
Cientifica is focusing on investment in a number of specific
areas ranging from energy efficiency to health, with the aim of
bringing a number of significant applications enabled by graphene
to market in the near term.
The objective of the collaboration is to bring together
technology, market demand and finance, with a view to placing the
UK at the forefront of the commercialisation of graphene. It also
creates an integrated value chain spanning graphene production to
consumer and industrial applications.
Perpetuus will provide technical support to Cientifica's planned
product development with the aim of reducing the time to market by
combining the technical and market expertise of both companies. A
number of graphene-enabled products, including infrared heating
technology will be on display at the 2nd Annual Graphene Supply,
Application and Commercialisation Conference in Manchester, 13 June
2014.
The patented infrared heating technology on display, involving
flat panel heaters makes use of graphene to emit infrared light at
wave-lengths precisely tailored for maximum comfort and minimum
energy use. The graphene enabled technology allows users to
maintain the same levels of comfort, whilst using up to 70% less
energy than conventional heaters.
Perpetuus supplies graphenes that have been produced in a dry,
environmentally friendly manner, unlike many other graphene
suppliers who use acids and surfactants, which leaves behind toxic
by-products. Perpetuus' proprietary technology allows it to
populate a variety of chemical groups onto and within the nano
structure of graphenes to a customer's precise specification and
deliver in kilos and tonnes.
Tim Harper, CEO of Cientifica PLC, explained:
"We are focused on a number of specific areas and have
identified a number of graphene-enabled applications where, as
products move from prototype to market we need a partner that can
supply us and our future partners material in a ready for use form,
and in significant quantities to meet customer demand. We needed to
find a company that can supply tonnes rather than grams per week,
of consistent quality materials at competitive prices.
"By partnering with Perpetuus we believe we will be able to
quickly incorporate the appropriate functionalised graphene
material into our future products which we believe will allow us to
significantly bring forward the launch of a number of
products."
Ian Walters of Perpetuus commented:
"Many of the proposed applications of graphene are long term,
and taking products to market over such long timescales can be
challenging. Cientifica's focus on identifying near term real-world
applications of graphene, backed with intellectual property will
help to create a quickly expanding market for Perpetuus'
applications and products."
Further announcements will be made in due course.
About Cientifica
Cientifica PLC is an AIM listed company that is focused on
acquiring and building businesses making use of emerging
technologies and advanced materials such as graphene. These are
typically businesses at an early stage where the technology has
been proven but not scaled up to meet market demand.
Emerging technologies are ones that:
-- Arise from new knowledge, or the innovative application of existing knowledge;
-- Lead to the rapid development of new capabilities;
-- Are projected to have significant systemic and long-lasting
economic, social and political impacts;
-- Create new opportunities for and challenges to addressing global issues; and
-- Have the potential to disrupt or create entire industries.
About Perpetuus
For any company to be successful in the commercialisation of
graphene materials they need to offer ALL the following features to
a customer:--
-- Functionalisation by implanting a variety of chemical groups
onto and within graphenes to nano surface modify graphene, to a
customer's specification.
-- Consistent high quality graphemes.
-- Commercial quantities.
-- Competitive pricing.
-- Immediate availability in kilos and quick delivery of tonnes rather than grams.
-- An environmentally friendly production process (this will
become more relevant as the industry expands).
-- Environmental impact studies and life cycle analysis on all outputs and byproducts.
-- Comprehensive and reliable characterisation data.
-- Manageable, transportable, user friendly.
-- Presented in stacks. (Graphenes as single layers are
invisible and cannot be packaged or handled).
Perpetuus offers all the above to its customers.
Perpetuus, a British company, is not aware of any other business
in the world which can offer the full range of these goods and
services to its customers.
About Graphene
Graphene is pure carbon in the form of a very thin, nearly
transparent sheet, one atom thick. It is remarkably strong for its
very low weight (100 times stronger than steel) and it conducts
heat and electricity with great efficiency. It can be produced by
separating atomic layers of graphite or by depositing graphene
directly onto a substrate from a vapour.
13(th) June 2014
For further information, please contact:
Cientifica PLC
Tim Harper, Chief Executive +44 (0) 207 518 4300
Allenby Capital (Nominated Adviser)
Nick Naylor/ James Reeve +44 (0) 203 328 5656
Peterhouse Corporate Finance (Broker)
Lucy Williams / Heena Karani +44 (0) 207 469 0930
Lothbury Financial Services Limited
Michael Padley / Gary Middleton +44(0) 203 440 7620
This information is provided by RNS
The company news service from the London Stock Exchange
END
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