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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Haydale Graphene Industries Plc | LSE:HAYD | London | Ordinary Share | GB00BKWQ1135 | ORD 0.1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.46 | 0.45 | 0.47 | 0.46 | 0.46 | 0.46 | 3,968,814 | 08:00:10 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Indl Inorganic Chemicals,nec | 4.3M | -6.17M | -0.0034 | -1.35 | 8.27M |
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
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November 20, 2017 02:01 ET (07:01 GMT)
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