Last checked at 30 Oct 2017 07:00
The information contained within this announcement is deemed by the Group to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR"). Upon the publication of this announcement via a Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain.
For immediate release | 30 October 2017 |
Haydale Graphene Industries plc
('Haydale' or the 'Company')
Grant of US Patent
Haydale, the global advanced materials group, is pleased to announce that it has received notice that its patent application for the United States of America ('US') has been granted. As with Haydale's granted patents in other territories, this grant relates to a key process underlying the Company's proprietary functionalisation treatment for graphene and other nano particulates, a critical step for the commercialisation of these materials. The US patent terminates in 2032, being 21 years from the date of the application.
Commenting Ray Gibbs, CEO of Haydale, said: "I am extremely pleased that we have been granted our US patent for both graphene and other nanomaterials. This means that our plasma process is now protected by patents in our key markets of the US, UK, Europe, Japan, China and Australia. This latest award is extremely well timed as we execute our development strategy in the US, expanding our existing silicon carbide business to encompass graphene and other nanomaterials."
Trevor Rudderham, President and CEO of Haydale Technologies Inc., added: "We have a terrific team in Greer, South Carolina, with extensive knowledge of advanced materials. Following the successful fundraising, we also have the necessary capital to exploit the many growth opportunities we have in the US market for our graphene and silicon carbide portfolios. We can now do this safe in the knowledge that we have our functionalisation process patent protected in all of our key markets. This is a very exciting stage in our growth plan."
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For further information:
Haydale Graphene Industries plc |
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Ray Gibbs, Chief Executive Officer | Tel: +44 (0) 1269 842 946 |
Matt Wood, Finance Director | www.haydale.com |
Trevor Phillips, Head of Communications |
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Cairn Financial Advisers LLP (Nominated Adviser) |
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Tony Rawlinson / Emma Earl | Tel: +44 (0) 20 7213 0880 |
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Arden Partners plc (Broker) |
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Ruari McGirr / Ben Cryer | Tel: +44 (0) 20 7614 5900 |
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Media enquiries:
Buchanan |
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Henry Harrison-Topham / Jamie Hooper / Gemma Mostyn-Owen | Tel: +44 (0) 20 7466 5000 |
haydale@buchanan.uk.com | www.buchanan.uk.com |
Notes to Editors
Haydale is a global technologies and materials group that facilitates the integration of graphene and other nanomaterials into the next generation of commercial technologies and industrial materials. With expertise in graphene, silicon carbide and other nanomaterials, Haydale is able to deliver improvements in electrical, thermal and mechanical properties, as well as toughness. Haydale has granted patents for its technologies in Europe, USA, Australia, Japan and China and operates from six sites in the UK, USA and the Far East.
For more information please visit: www.haydale.com
Twitter: @haydalegraphene