Applied Graphene Materials PLC New Coatings Product Launch

TIDMAGM

Applied Graphene Materials PLC

09 July 2019

09 July 2019

Applied Graphene Materials

("Applied Graphene Materials", "AGM", "the Group" or "the Company")

New coatings product launch

Applied Graphene Materials, the producer of specialty graphene materials, is pleased to announce that Alltimes Coatings Ltd (Stroud, UK) a leading specialist in the supply and application of protective coatings for buildings, is launching its ground-breaking Advantage Graphene liquid coating roofing system, with significantly enhanced anti-corrosion performance delivered by the incorporation of AGM's graphene.

The Advantage Graphene system is the result of extensive product development and a rigorous testing programme, and has ultimately produced a system that delivers an industry leading level of anti-corrosion performance, and life expectancy, for industrial and commercial roofs. AGM's graphene technology has also helped enhance other key coating performance attributes and ultimately provides building contractors and owners with a highly cost-effective solution. Due to its exceptional corrosion resistance performance, Advantage Graphene is being offered with an unparalleled 30-year product warranty.

Advantage Graphene has already been promoted to targeted trade customers, with several industrial applications scheduled over coming months.

Adrian Potts, CEO, Applied Graphene Materials, said:

It is a great pleasure to be able to announce the launch of the Alltimes Coatings Advantage Graphene product range following completion of the rigorous testing cycle. The outcome is a reflection of AGM's robust approach to product development and integration into customer systems to suit specific applications. Partnering with leading coatings companies like Alltimes Coatings is a key objective of AGM, where an excellent synergy between our respective technical and commercial teams enables us to deliver the end result of a successful product launch. We are very pleased that Alltimes Coatings and their industry customers have recognised the significant value enhancement offered by the incorporation of AGM's graphene. This result further underscores the substantial potential of AGM graphenes in the global protective coatings industry where we are working with a number of undisclosed commercial partners.

Nigel Alltimes, Managing director, Alltimes Coatings Limited, said:

We believe that with the launch of Advantage Graphene, we are bringing to market a unique and revolutionary liquid roofing system for our industrial and commercial customers. Without doubt, AGM's deep understanding of coating technology and how best to effectively integrate graphene into novel chemistry, has played a major role in the successful launch of this product. Early feedback from our customers has been very positive and we anticipate strong uptake as we extend the performance of our product range with graphene technology.

For further information, please contact:

 
Applied Graphene Materials 
 Adrian Potts, Chief Executive Officer 
 David Blain, Chief Financial Officer    [phone] 
 N+1 Singer 
  Richard Lindley / Justin McKeegan 
  / Mia Gardner                          [phone] 
Hudson Sandler 
 Charlie Jack / Emily Dillon             [phone] 
 

Notes to Editors

Alltimes Coatings

Alltimes Coatings Ltd (Stroud, UK) is a leading specialist in the supply and application of protective coatings for industrial and commercial buildings. With many years industry leading experience, Alltimes provides architects, buildings contractors and owners across the UK with a comprehensive range of products, services and application know-how.

Applied Graphene Materials

Applied Graphene Materials works in partnership with its customers using its knowledge and expertise to provide bespoke graphene dispersions and formats to deliver enhancements and benefits for a wide range of applications. The Group's strategy is to target commercial applications in three core markets: coatings, composites and functional materials.

The Group has developed proprietary bottom-up processes which are capable of producing high purity graphene nanoplatelets using a continuous process. The manufacturing process is based on sustainable, readily available raw materials and therefore does not rely on the supply of graphite, unlike a number of other graphene production techniques. Applied Graphene Materials owns the intellectual property and know-how behind this process.

Applied Graphene Materials was founded by Professor Karl Coleman in 2010 with its operations and processes based on technology that he initially developed at Durham University. The Group was admitted to AIM in November 2013, raising GBP11 million, and is based at the Wilton Site on Teesside. In January 2016 the Group raised GBP8.5m to support its ongoing activities and in October 2017 the Group raised a further GBP9.8m.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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July 09, 2019 07:20 ET (11:20 GMT)