Accsys Tech Regulatory News (AXS)

20 Aug 2007 07:00

Accsys Technologies PLC20 August 2007 20th August 2007 AIM: AXS ACCSYS TO LIST ON EURONEXT AMSTERDAM Accsys Technologies PLC (''Accsys'' or the "Company") announces its intention,with reference to its earlier release dated 28 June 2007, to seek a listing onEuronext Amsterdam by NYSE Euronext and conduct a share offering. The intendedoffering is expected to consist of new ordinary shares offered by the Companyand existing ordinary shares offered by certain Accsys shareholders. It isexpected that the listing will be completed before the end of the year. Fortis has been appointed Sole Lead Manager and Bookrunner for the intendedtransaction. For further information, please contact: Accsys Technologies PLC William Paterson-Brown, +44 (0) 20 8144 2510 Chairman & Chief Executive Parkgreen Communications Justine Howarth +44 (0) 20 7851 7480Citigate First Financial B.V Frank Jansen +31 (0) 20 5754 024 Information on the Accsys Group of Companies: Accsys Technologies PLC (www.accsysplc.com) - is an environmental science andtechnology company whose primary focus is on the production and licensing ofAccoyaTM via its 100% owned subsidiary, Titan Wood (www.titanwood.com), withmanufacturing operations based in Arnhem, The Netherlands. AccoyaTM,manufactured through the Company's proprietary acetylation process, exhibitssuperior dimensional stability and durability compared with other natural andtreated timber. Accsys is also developing technology to modify wood fibre toenable future production of a range of panel products. Accsys' operations comprise three principal business units: (i) the AccoyaTMproduction facility located in Arnhem, The Netherlands; (ii) technologydevelopment focused on a programme of continuous improvements to the processengineering and operating protocols for the acetylation of wood as well as thedevelopment of technology for the acetylation of wood fibre; and (iii) thelicensing of technology for the production of AccoyaTM across the globe. Accsys Technologies PLC shares are traded on the London Stock Exchange AIMmarket under the symbol 'AXS'. AccoyaTM wood (www.accoya.info) is produced using a patented process thateffectively converts sustainably grown softwoods and non-durable hardwoods intowhat is best described as a 'new wood species'. Distinguished by its durability,dimensional stability and, perhaps most importantly, its reliability (in termsof consistency of both supply and quality), AccoyaTM wood is particularly suitedto exterior applications where performance and appearance are valued. Unlikemost tropical and European hardwoods, its colour does not degrade when exposedto ultraviolet light. Moreover, the AccoyaTM wood production process does notcompromise the wood's strength or machinability. The combination of UVresistance, dimensional stability, durability and retained strength means thatAccoyaTM wood offers a wealth of new opportunities to architects, designers andspecifiers. For marine uses where weight is also important, AccoyaTM wood forthe first time provides boat builders with a wood that is strong and durable,which retains its natural beauty for far longer, without a dramatic weightincrease. ACCOYA is a registered trademark owned by Titan Wood Limited Other information: Not for release, distribution or publication into or in the United States,Australia, Canada, or Japan. This announcement is not an offer to sell or a solicitation of any offer to buythe Company's securities (the "Securities") in the United States or in any otherjurisdiction. The Securities have not been and will not be registered under the US SecuritiesAct of 1933, as amended (the "Securities Act") and may not be offered or sold inthe United States unless registered under the Securities Act or an exemptionfrom such registration is available. No public offering of Securities of theCompany is being made in the United States. The offer to acquire securities pursuant to the proposed offering will be made,and any investor should make his investment, solely on the basis of informationthat will be contained in the prospectus to be made generally available in TheNetherlands in connection with such offering. When made generally available,copies of the prospectus may be obtained at no cost from Accsys or Fortis orthrough the website of Euronext Amsterdam (Dutch residents only). This information is provided by RNS The company news service from the London Stock Exchange