Versarien PLC Launch of Nanene

TIDMVRS

Versarien PLC

08 February 2017

8 February 2017

Versarien plc

Launch of Nanene

Versarien plc (AIM:VRS) ("Versarien" or the "Company"), the advanced materials group, is pleased to announce the launch of the Company's new graphene brand, Nanene.

Nanene is manufactured using Versarien's patent protected, mechanised exfoliation process. This process uses high shearing forces to separate the layers of graphite to sheets of graphene which are less than ten atoms thick, with the majority being less than five atoms thick, ensuring the properties of Nanene are superior to materials already established as the industry norm.

Versarien has taken this process from the laboratory to scalable production by investments in labour and capital, increasing both throughput and yields. The result of this is an independently verified, high quality graphene product, Nanene, produced in a manufacturing process that can be scaled to meet ever increasing customer demands.

Nanene can be used in a variety of applications including in high-end applications in carbon fibre composites, such as the order announced on 29 November 2016, which was achieved with a tripling of manufacturing capacity on a short lead time.

Further information on Nanene may be found at the dedicated website, www.nanene.com.

Neill Ricketts, CEO of Versarien, commented: "Having moved from the R&D phase and secured our first sizable order, we are pleased to launch our new graphene brand, Nanene. Versarien manufactured graphene is of the highest quality and our patent protected manufacturing process allows Nanene to be produced in large volumes at market leading prices.

"We have already demonstrated that we can deliver high quality sizable graphene orders quickly and are confident of securing further significant orders in the coming months."

For further information please contact:

 
 Versarien plc                       www.versarien.com 
 Neill Ricketts - Chief Executive    [phone] 
  Officer                             122 
 Chris Leigh - Chief Financial 
  Officer 
 
 WH Ireland (Nominated Adviser)      www.whirelandplc.com 
                                     [phone] 
 Mike Coe / Ed Allsopp                3470 
 
 IFC Advisory (Financial PR and      www.investor-focus.co.uk 
  IR) 
 Tim Metcalfe / Graham Herring 
  / Heather Armstrong /              [phone] 
  Miles Nolan                         8671 
 

Notes to Editors:

About Versarien

Versarien plc (AIM:VRS), is an advanced engineering materials group. Leveraging proprietary technology, the Group creates innovative engineering solutions for its clients in a diverse range of industries. Versarien has five subsidiaries operating under two divisions:

Thermal and Hard Wear Products

Versarien Technologies Ltd. which owns the exclusive rights to a patent-protected additive process for creating advanced micro-porous metals targeting the thermal management industry and manufactures extruded aluminium heat sinks for the electronics and computing industries. www.versarien-technologies.co.uk

Total Carbide Ltd, a leading manufacturer in sintered tungsten carbide for applications in arduous environments such as the oil and gas industry. www.totalcarbide.com

Graphene and Plastics

2-DTech Ltd, which specialises in the supply, characterisation and early stage development of graphene products. www.2-dtech.com

ACC Cyroma Ltd, which specialises in the supply of vacuum-formed and injection-moulded products to the automotive, construction, utilities and retail industry sectors. Using Versarien's existing graphene manufacturing capabilities, AAC will have the ability to produce graphene-enhanced plastic products. www.aaccyroma.co.uk

Cambridge Graphene Ltd, which supplies novel inks based on graphene and related materials, using patented processes and develops graphene materials technology for licensing to manufacturers. www.cambridgegraphene.com

This information is provided by RNS

The company news service from the London Stock Exchange

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February 08, 2017 02:00 ET (07:00 GMT)