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Joint Development Agreement

15 Apr 2008 10:47

Oxford Advanced Surfaces Group PLC15 April 2008 15 April 2008 Oxford Advanced Surfaces Group plc ("OASG" or the "Group") Joint Development Agreement with DuPont Advanced Fiber Systems Oxford Advanced Surfaces Group plc, has entered into a Joint DevelopmentAgreement ("JDA") with DuPont Advanced Fiber Systems. The objective of the JDA is for OASG and DuPont Advanced Fiber Systems tocooperate in the development of products and processes using OASG's Onto(R)technology and with various DuPont technologies. OASG will continue to scale up its laboratories and technical staff to betterserve its increasing customer base. This JDA is a significant addition to thecompany's existing portfolio, which is currently working on projects as diverseas flat screen displays, printed circuit boards and detergents. Marcelo Bravo, Chief Executive of Oxford Advances Surfaces Group, said: "We are very excited to be working with a market leader such as DuPont AdvancedFiber Systems in the development of new materials that will provide us withexcellent opportunities to implement Onto(R) and create value for our customersthrough the delivery of new and innovative products to market." Dr. Warren F. Knoff, DuPont Fellow, DuPont Advanced Fiber Systems said: "We are delighted to be working with Oxford Surfaces and Onto(R). Through thedevelopment and application of this technology to our products we hope todeliver expanded offerings and services to our markets." Contacts Marcelo Bravo, CEO +44 (0) 1865 854 807 Oxford Advanced Surfaces Group PLC Website: www.oxfordsurfaces.com Jonathan Evans / David Galan +44 (0) 207 060 1760 Zimmerman Adams International Ltd Notes to Editors Oxford Advanced Surfaces Group plc Oxford Advanced Surfaces Group plc develops and commercialises advancedmaterials and technology solutions leveraging breakthrough surface modificationtechnology. Onto(R) is a proprietary coating technology that exploits a reactive type ofmolecule so that it can be conveniently and safely applied to a wide range ofmaterials allowing the rapid and convenient modification of the surfaceproperties. This delivers permanent, dramatic and highly valuable changes tosurface functionality. The Onto(R) coating technology is a versatile, effective,yet simple approach to deliver intelligent advanced materials. Initial applications include tailored wetting properties, adhesion,metallization and bio-activity in markets including electronics, advancedcomposites and laminates, biomaterials and alternative energy technologies. Thecompany develops and commercialises advanced materials and technology solutionsacross a range of markets including: • Electronics (PCB's, plastic electronics, electromechanical devices and flat screen displays); • Industrial specialties (specialty fibres, textiles, laminates and composites); • Life sciences / health care markets (including sterile surfaces, separation media and microarrays, biomedical materials), and; • Alternative energy technologies (photovoltaics, solid state lighting, fuel cells) Website: www.oxfordsurfaces.com This information is provided by RNS The company news service from the London Stock Exchange
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