Nanoco Group PLC Nanoco Fine Color Film TVs at CES (2697T)
04 January 2017 - 7:00AM
UK Regulatory
TIDMNANO
RNS Number : 2697T
Nanoco Group PLC
04 January 2017
For immediate release 4 January 2017
NANOCO GROUP PLC
("Nanoco" or the "Company")
Nanoco Fine Color Film(TM) TVs at CES
Nanoco Group plc (LSE: NANO), a world leader in the development
and manufacture of cadmium-free quantum dots and other
nanomaterials, announces that three leading LCD television
manufacturers are exhibiting televisions using Nanoco CFQD(R) Fine
Color Film(TM) at this year's CES, the international consumer
electronics show opening tomorrow in Las Vegas.
The three manufacturers, Hisense Electric Co Ltd ("Hisense"),TCL
and TPV Philips ("TPV"), are all displaying large screen, ultra
high definition, wide colour gamut LCD televisions at Nanoco's
presentation and marketing suite at CES. The developmental
televisions all use CFQD(R) Fine Color Film(TM), the cadmium-free
quantum dot film produced through Nanoco's commercial relationship
with Taiwan's Wah Hong Industrial Corporation ("Wah Hong"). The
film incorporates cadmium-free quantum dots produced at Nanoco's
Runcorn production plant.
Hisense, TCL and TPV produce tens of millions of LCD TVs each
year and have a major and growing presence in international LCD
television markets.
The televisions will be on display at Nanoco's marketing suite
at CES from 5-8 January 2017.
Michael Edelman, Nanoco's Chief Executive Officer, said: "We are
delighted that Hisense, TCL and TPV are all displaying demonstrator
LCD televisions at the Nanoco presentation suite at this year's
CES. These demonstrator televisions reflect the high level of
interest in our CFQD(R) Fine Color Film(TM) produced with our
commercial partner Wah Hong. We are very pleased with the pace of
commercialisation under the agreement with Wah Hong, which was
signed in July last year."
For further information, please contact:
Nanoco Tel: +44 (0) 161 603
7900
Michael Edelman, Chief Executive Officer
David Blain, Chief Financial Officer
Caroline Watson, Investor Relations Tel: + 44 (0) 7799 897357
Manager
cwatson@nanocotechnologies.com
Peel Hunt Tel: +44 (0) 20 7418
8900
Adrian Trimmings
George Sellar
Buchanan Tel: +44 (0) 20 7466
5000
Mark Court / Sophie Cowles / Stephanie
Watson
Notes for editors:
About Nanoco Group plc
Nanoco is a world leader in the development and production of
cadmium-free quantum dots and other nanomaterials for use in
multiple applications including LCD displays, lighting, solar cells
and bio-imaging. In the display market, Nanoco has non-exclusive
manufacturing and marketing licensing agreements with The Dow
Chemical Company, Merck KGaA and Taiwan's Wah Hong Industrial
Corporation. Nanoco also has a strategy of direct sales in display
and in its other target markets, including lighting.
Nanoco was founded in 2001 and is headquartered in Manchester,
UK. It has production facilities in Runcorn, UK, and a US
subsidiary, Nanoco Inc, based in Concord, MA. Nanoco also has
business development executives in Japan, Korea and Taiwan. Its
technology is protected worldwide by a large and growing patent
estate.
Nanoco is listed on the main market of the London Stock Exchange
and trades under the ticker symbol NANO. For further information
please visit: www.nanocogroup.com.
This information is provided by RNS
The company news service from the London Stock Exchange
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January 04, 2017 02:00 ET (07:00 GMT)