New year Message6 Jan 2014 09:46
Since becoming involved with the Company in September the new management team has resolved all
outstanding creditor issues through a CVA and changed the Company’s name to Cientifica Plc. The investing
policy of Cientifica Plc is to invest in and build companies applying graphene, but not to produce graphene
itself.
Graphene is still attracting significant interest, both from the markets, as shown by the recent Applied
Graphene Materials plc flotation and the increasing number of graphite miners seeking to link themselves with
graphene, and also from certain companies who are promoting graphene as a commodity which can be
actively traded. Our belief, based on our experience with other nanomaterials, is that the price for all forms of
graphene will only be driven down as capacity increases and production technologies improve. We are aware
of and have visited several Far East companies whose production capacity is an order of magnitude greater
than anything in Europe or the USA.We have identified a number of applications of graphene which will allow us to target major markets. These
are applications where graphene has the potential to introduce game changing technology and for which we
have already identified potential customers. We are in discussions with a number of parties in respect of such
opportunities, the results of which we hope will be announced in due course.
In the final quarter of 2013 we also commenced relationships with a number of graphene businesses in the Far
East, the US and Europe with a view to ensuring that we have a scalable and high quality supply of graphene
and access to highly skilled partners for developing the graphene based materials which we will require. We
also initiated discussions with a number of academic institutions whose expertise and infrastructure would
allow us to develop graphene applications faster and at lower cost than working alone.
With over €1 billion of funding going into graphene research in Europe alone, we believe that the current
opportunities we are pursuing are just the tip of the iceberg. Our contacts and our extensive academic network
give us a window on the future applications of graphene. This allows us to identify applications early and build
significant value by securing and developing them. Our capability in developing early stage nanotechnology
businesses, combined with our academic network also allows us to minimise risk.Whilst we believe that 2014 will be another year of graphene related excitement, we will continue to focus on
bringing real applications of graphene to market. We believe that this is the best way to build a long term
sustainable business and to repay the confidence of our investors.
With best regards and best wishes for a prosperous and happy New Year.
Tim Harper
CEO