Accsys Tech Regulatory News (AXS)

22 Jul 2008 07:00



22 July 2008 AIM: AXS

NYSE Euronext Amsterdam: AXS

Accsys Named in World's Top 20 Sustainable Stocks Listing

Accsys Technologies PLC ("Accsys" or "the Company") announces its inclusion in The Sustainable Business 20 (SB20) list of the world's top sustainable stocks, published by SustainableBusiness.com.

The SB20, now in its seventh year, showcases the most innovative, model companies that, through their products or initiatives, are contributing substantially to the advance of a sustainable economy and have the potential to greatly impact our ultimate goal of reaching a sustainable society. The listed companies are nominated, discussed and then voted on by a group of judges who are among the most respected environmental / social analysts in the world.

The list, published in the monthly online Progressive Investor newsletter, features large and small companies from several countries that are strong from both a sustainable and a financial perspective. The full list of the top 20 companies can be found at:

http://www.sustainablebusiness.com/index.cfm/go/progressiveinvestor.main.

"Our goal is to create a list that showcases public companies that, over the past year, have made substantial progress in either greening their internal operations or growing a business based on an important green technology," said Rona Fried, CEO of SustainableBusiness.com. 

Willy Paterson-Brown, Accsys' Executive Chairman, commented: "It is a privilege for the Company to be featured on this elite list. Not only is the far-reaching potential of our highly successful Accoya® wood product and its proprietary wood modification technology receiving the recognition that it deserves but it also acknowledges that the Company is well positioned to exploit this substantial opportunity."

Accsys also announced earlier in the month that it had been selected by the Cleantech Group™, LLC to join its prestigious Cleantech Index™ of public cleantech companies, with effect from 30 June 2008. The Cleantech Group's Cleantech Index (www.cleantechindex.com), which comprises of 76 publicly traded companies, is the first, and only, equity index to offer investors and index licensees an easy, liquid and cost-effective way to track and invest in the broad cleantech category. 

-ENDS-

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Notes to Editors: 

Accsys Technologies PLC (www.accsysplc.com) - is an environmental science and technology company whose primary focus is on the production of Accoya® wood and technology licensing via its 100% owned subsidiary, Titan Wood (www.titanwood.com), which has manufacturing operations in Arnhem, the Netherlands, and a regional office for the Americas in Dallas, Texas. 

Accsys' operations comprise three principal business units: (i) the Accoya® wood production facility located in Arnhem, The Netherlands; (ii) technology development, focused on a programme of continuous improvements to the process engineering and operating protocols for the acetylation of wood which are currently under development and the development of technology for the acetylation of wood fibre; and (iii) the licensing of technology for the production of Accoya® wood across the globe.

Accoya® Wood (www.accoya.info) is produced by using a patented process that effectively converts sustainably grown softwoods and non-durable hardwoods into what is best described as a "new wood species" via acetylation. Distinguished by its durability, dimensional stability and, perhaps most importantly of all, its reliability (in terms of consistency of both supply and quality), Accoya® wood is particularly suited to exterior applications where performance and appearance are valued. Unlike most tropical and European hardwoods, its colour does not degrade when exposed to ultraviolet light. Moreover, the Accoya® wood production process does not compromise the wood's strength or machinability. The combination of UV resistance, dimensional stability, durability and retained strength means that Accoya® wood offers a wealth of new opportunities to architects, designers and specifiers. 

Wood Acetylation is a process, which increases the amount of 'acetyl' molecules in wood, thereby changing its physical properties. The process protects wood from rot by making it "inedible" to most micro-organisms and insects, without - unlike conventional treatments - making it toxic. It also greatly reduces the wood's tendency to swell and shrink, making it less prone to cracking and ensuring that when painted it requires dramatically reduced maintenance.

ACCOYA and the Trimarque Device are registered trademarks owned by Titan Wood Limited and 

may not be used or reproduced without written permission.