AGM.L Regulatory News (AGM)

Leading innovator in the European car care market to launch an AGM graphene enhanced car polish

Applied Graphene Materials, the producer of speciality graphene additives, is delighted to announce that INFINITY WAX, a leading innovator in car care products, will launch the ground-breaking QDX Graphene Detailing Spray during Q4 2020. Detailing sprays are used to elevate shine and enable car owners to wipe away dirt in a far more straightforward manner.

The detailing spray polish that will be available to global retailers is the result of an extensive product development and rigorous third-party testing programme which has produced a formulation and system that delivers industry-leading performance.

When launched, the product which is enhanced with AGM's market-leading Genable® graphene dispersions will be available to car owners of all types representing yet another significant milestone achieved by the Company.

Adrian Potts, Chief Executive Officer of AGM, said:

"We have seen growing interest from the car care sector for graphene nanoplatelet dispersions to take product innovation to a new and exciting performance level. The QDX Graphene Detailing product is a great step forward for Infinity Wax and a major milestone in this space for AGM. It further validates the ease-of-use and outstanding utility of the graphene nanoplatelet dispersions we offer.

Selecting the correct form of dispersion as the optimum delivery system for nanoplatelet materials is key to successful product formulating. Integration of our products into a new sector further demonstrates that well-dispersed graphene materials can be introduced into existing formulated systems to create new, higher performance products that build on the remarkable attributes of our graphene nanoplatelets. I am particularly excited to see this innovation come to market with Infinity Wax as our lead customer in this space and look forward to seeing volumes grow as the product is adopted by the public."

Mike Cipriani, Infinity Wax company Founder, commented:

"The team at Infinity Wax is excited to launch the first graphene-enhanced product in our retail range, QDX Graphene. It builds on the success of our existing range of detailing sprays and with the Genable® graphene dispersions supplied by AGM we can take the performance of the products to the next level. It is a highly powerful spray product with industry-leading performance that is incredibly easy to use. We would like to thank all at AGM for their invaluable support and assistance during this project and look forward to building Genable® into other product formulations."

For further information, please contact:

Applied Graphene Materials +44 (0) 1642 438 214

Adrian Potts, Chief Executive Officer

David Blain, Chief Financial Officer

Hudson Sandler +44 (0) 207 796 4133

Charlie Jack / Emily Dillon

N+1 Singer +44 (0) 207 496 3000

Peter Steel / Amanda Gray

Notes to Editors

Infinity Wax - Frst born as a concept in 2013, it was a project initially thought up by Michael Cipriani, the company founder, who wanted to bring a new household name in detailing to market, all made in house to control performance and quality and to compete with the big players in the market. The goal was certainly not simple and definitely ambitious. Since then Mike and the growing team at Infinity Wax have developed an industry leading position supplying both own label and private label products across the car care markets covering most of Europe.

https://www.infinitywax.com/

Applied Graphene Materials - For the last decade, AGM has been at the forefront of harnessing the possibilities of graphene. Founded originally by Professor Karl Coleman, the Group has grown from an academic idea from Durham University to a world leader in the development and application of graphene nanoplatelet dispersions for customers in the coatings, composites and functional materials sectors.

The Group utilises its proprietary bottom-up manufacturing process to produce high purity graphene nanoplatelets. Their expertise in dispersion chemistry enables AGM to create optimised, stable and easy to handle dispersions that customers use in real-world industrial products. AGM's unique approach enables industries to fully realise the potential of graphene in a simple, safe and easy to formulate way.  

AGM, based at the Wilton Centre on Teesside, was admitted to AIM in November 2013, raising £11 million. The Group successfully raised £8.5m in January 2016 and a further £9.8m in November 2017. Since August 2020, the Group's shares are also listed on OTCQX in the United States. As a result of the funding support and their industry leading technology platform, AGM have been able to develop a significant sales distribution network covering Europe, North America and a partner in Japan. The Group continues to work closely with industrial partners, and have seen the successful launch of numerous commercial products enhanced by their Graphene Dispersions.

 https://www.appliedgraphenematerials.com/