Versarien PLC Versarien joins the GEIC

TIDMVRS

Versarien PLC

25 June 2018

25 June 2018

Versarien plc

("Versarien" or the "Company")

Versarien joins the Graphene Engineering Innovation Centre

Versarien plc (AIM: VRS), the advanced materials engineering group, is pleased to announce that the Company has joined the newly established Graphene Engineering Innovation Centre ("GEIC") at the University of Manchester as a tier one member organisation.

Following GBP60 million of funding, the GEIC is set to open later in 2018. Alongside the Manchester based National Graphene Institute, the GEIC is intended to provide an unrivalled critical mass of graphene expertise, performing applied research to aid the commercialisation and manufacture of graphene, with applications applicable to industry.

As part of its membership Versarien will join the GEIC Technology Advisory Board and the Company will have dedicated GEIC laboratory space and the ability to utilise the centre's facilities. Other GEIC advisory panel partners include Airbus, Akzonobel, BAE Systems, BP, GKN Aerospace, Johnson & Johnson, Jaguar Land Rover, Siemens, Tata Steel and Thales.

Neill Ricketts, CEO of Versarien, commented: "I am delighted that Versarien has joined the Graphene Engineering Innovation Centre as a tier one partner.

"Through the GEIC we will be able to access a world class facility and be at the heart of graphene developments. We will also benefit from working alongside other GEIC corporate partners, enabling us to further advance the commercialisation of graphene."

Enquiries:

 
 Versarien 
  Neill Ricketts, CEO 
  Chris Leigh, CFO                                01242 269 122 
 Arden Partners (Nominated Adviser and Broker) 
  Chris Hardie 
  Dan Gee-Summons                                 020 7614 5900 
 IFC Advisory (Financial PR and IR) 
  Tim Metcalfe 
  Graham Herring 
  Heather Armstrong                               020 3934 6630 
 

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:

Graphene and Plastics

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

AAC 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

Thermal and Hard Wear Products

Versarien Technologies Ltd. which has developed an additive process for creating advanced micro-porous metals targeting the thermal management industry and supplies extruded aluminium. 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

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June 25, 2018 02:01 ET (06:01 GMT)