Haydale Graphene Industries PLC New Patent Application
20 November 2017 - 6:01PM
RNS Non-Regulatory
TIDMHAYD
Haydale Graphene Industries PLC
20 November 2017
For immediate release 20 November 2017
Haydale Graphene Industries plc
('Haydale', 'Company' or the 'Group')
New Patent Application
Haydale (AIM:HAYD), the global advanced materials group, is
pleased to announce the filing of a patent application in the UK
for its PATit anti-counterfeiting technology utilising proprietary
software codes and a speciality graphene-based transparent
conductive ink. Haydale is specifically targeting the
anti-counterfeiting packaging market which is expected to double
over the next four years to around US$207 billion by 2021*. The
filing of this application is an important step in allowing the
Company to begin discussions on commercial applications of the
technology.
The combination of Haydale's ability to formulate bespoke
graphene-based transparent conductive inks and its proprietary
software developed inhouse allows an anti-counterfeiting device to
"read" Haydale's unique ink when printed onto a product label, or
any material, including metals, in order to prove the authenticity
(or otherwise) of the product. Crucially, the transparent nature of
the conductive ink is, Haydale believes, an important USP in
exploiting this market as it will not alter products' package
design. The verification of a product is carried out using the
capacitive touchscreen capability of a smart phone or tablet which
has downloaded a special API code that enables the reader to
measure the encoded graphene based ink.
Commenting on the patent, Ray Gibbs, CEO of Haydale, said:
"This filing allows us to start commercial discussions with
potential customers for our speciality graphene-based inks
developed by our Thailand operation. The Asia-Pacific region is
forecast to be the fastest growing region for anti-counterfeiting
packaging and we are ideally placed to maximise on this exciting
and growing market opportunity.
We are exploring areas of interest from governments and
producers seeking to protect brands and reduce the growing
incidence of counterfeit goods. The immediate targets for licensing
of our technology will be in markets such as tobacco,
pharmaceuticals, and food and beverage."
* Source: Research group Markets and Markets.
- Ends -
For further information:
Haydale Graphene Industries
plc
Ray Gibbs, Chief Executive Tel: +44 (0) 1269 842
Officer 946
Matt Wood, Finance Director www.haydale.com
Trevor Phillips, Head
of Communications
Cairn Financial Advisers
LLP (Nominated Adviser)
Tony Rawlinson / Emma Tel: +44 (0) 20 7213
Earl 0880
Arden Partners plc (Broker)
Ruari McGirr / Ben Cryer Tel: +44 (0) 20 7614
5900
Media enquiries:
Buchanan
Henry Harrison-Topham / Tel: +44 (0) 20 7466
Jamie Hooper 5000
haydale@buchanan.uk.com www.buchanan.uk.com
Notes to Editors
Haydale is a global technologies and advanced materials group
that facilitates the integration of nanomaterials into the next
generation of commercial technologies and industrial materials.
With expertise in graphene, silicon carbide and other
nanomaterials, Haydale is able to deliver improvements in
electrical, thermal and mechanical properties, as well as
toughness. Haydale has granted patents for its technologies in
Europe, USA, Japan, Australia and China and operates from six
facilities in the UK, USA and the Far East.
For more information please visit: www.haydale.com
Twitter: @haydalegraphene
This information is provided by RNS
The company news service from the London Stock Exchange
END
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