Nanoco Group PLC Nanoco Fine Color Film TVs at CES (2697T)

TIDMNANO

RNS Number : 2697T

Nanoco Group PLC

04 January 2017

 
 For immediate release        4 January 2017 
 

NANOCO GROUP PLC

("Nanoco" or the "Company")

Nanoco Fine Color Film(TM) TVs at CES

Nanoco Group plc (LSE: NANO), a world leader in the development and manufacture of cadmium-free quantum dots and other nanomaterials, announces that three leading LCD television manufacturers are exhibiting televisions using Nanoco CFQD(R) Fine Color Film(TM) at this year's CES, the international consumer electronics show opening tomorrow in Las Vegas.

The three manufacturers, Hisense Electric Co Ltd ("Hisense"),TCL and TPV Philips ("TPV"), are all displaying large screen, ultra high definition, wide colour gamut LCD televisions at Nanoco's presentation and marketing suite at CES. The developmental televisions all use CFQD(R) Fine Color Film(TM), the cadmium-free quantum dot film produced through Nanoco's commercial relationship with Taiwan's Wah Hong Industrial Corporation ("Wah Hong"). The film incorporates cadmium-free quantum dots produced at Nanoco's Runcorn production plant.

Hisense, TCL and TPV produce tens of millions of LCD TVs each year and have a major and growing presence in international LCD television markets.

The televisions will be on display at Nanoco's marketing suite at CES from 5-8 January 2017.

Michael Edelman, Nanoco's Chief Executive Officer, said: "We are delighted that Hisense, TCL and TPV are all displaying demonstrator LCD televisions at the Nanoco presentation suite at this year's CES. These demonstrator televisions reflect the high level of interest in our CFQD(R) Fine Color Film(TM) produced with our commercial partner Wah Hong. We are very pleased with the pace of commercialisation under the agreement with Wah Hong, which was signed in July last year."

For further information, please contact:

 
    Nanoco                                        Tel: [phone] 
                                                   7900 
    Michael Edelman, Chief Executive Officer 
    David Blain, Chief Financial Officer 
    Caroline Watson, Investor Relations           Tel: + 44 (0) 7799 897357 
     Manager 
    [e-mail] 
 
    Peel Hunt                                     Tel: [phone] 
                                                   8900 
    Adrian Trimmings 
    George Sellar 
 
    Buchanan                                      Tel: [phone] 
                                                   5000 
    Mark Court / Sophie Cowles / Stephanie 
     Watson 
 

Notes for editors:

About Nanoco Group plc

Nanoco is a world leader in the development and production of cadmium-free quantum dots and other nanomaterials for use in multiple applications including LCD displays, lighting, solar cells and bio-imaging. In the display market, Nanoco has non-exclusive manufacturing and marketing licensing agreements with The Dow Chemical Company, Merck KGaA and Taiwan's Wah Hong Industrial Corporation. Nanoco also has a strategy of direct sales in display and in its other target markets, including lighting.

Nanoco was founded in 2001 and is headquartered in Manchester, UK. It has production facilities in Runcorn, UK, and a US subsidiary, Nanoco Inc, based in Concord, MA. Nanoco also has business development executives in Japan, Korea and Taiwan. Its technology is protected worldwide by a large and growing patent estate.

Nanoco is listed on the main market of the London Stock Exchange and trades under the ticker symbol NANO. For further information please visit: www.nanocogroup.com.

This information is provided by RNS

The company news service from the London Stock Exchange

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January 04, 2017 02:00 ET (07:00 GMT)