Cientifica PLC Development Agreement with Perpetuus Carbon Group

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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                                [phone] 

Allenby Capital (Nominated Adviser)

   Nick Naylor/ James Reeve                                   [phone] 

Peterhouse Corporate Finance (Broker)

   Lucy Williams / Heena Karani                          [phone] 

Lothbury Financial Services Limited

   Michael Padley / Gary Middleton                   [phone] 

This information is provided by RNS

The company news service from the London Stock Exchange

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