RLM.L Regulatory News (RLM)

PuriCore plc

MALVERN, PENNSYLVANIA, AND STAFFORD, UK, 17 May2011- PuriCore (LSE: PURI), the water-based clean technology company, announces an update on the potential sale of its UK Endoscopy Division. As announced in March, PuriCore had agreed heads of terms with a potential buyer for the sale of the Company's Endoscopy operations. PuriCore has not reached satisfactory agreement with the other party and therefore has ended further negotiations. In view of this outcome, the Board has determined that it is in the best financial interests of the Company to retain the Endoscopy business and UK operations.

Chris Wightman, Executive Chairman, said:

"The Company has not reached acceptable terms with the potential buyer for the sale of the Endoscopy Division. In light of this process, the Directors now believe that this division's profitability and future cash generation, combined with additional growth opportunities for the UK business that have been identified recently, offer greater financial value in the retention of the Endoscopy and UK operations. We believe that retaining this business in our global portfolio will offer greater certainty and range of returns for our shareholders."

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About PuriCore

PuriCore plc (LSE: PURI) is a water-based clean technology company focused on developing and commercialising proprietary green solutions that safely, effectively, and naturally kill infectious pathogens without causing harm to human health or the environment. PuriCore's patented, proprietary technology mimics the human body's production of the natural antimicrobial hypochlorous acid, offering a safe and non-hazardous approach to disinfection and sanitisation. The Company's products are used in a broad range of markets that depend upon controlling contamination, including food retail and foodservice, medical device disinfection, and wound care. Hypochlorous acid is proven to be safe, environmentally friendly, and fast acting against a broad range of infectious pathogens, including major public health threats of C.difficile, E.coli, HIV, Human and Animal Influenza (including H1N1 and H5N1), Legionella, MRSA, M.tuberculosis, Norovirus, and Salmonella. PuriCore is headquartered in Malvern, Pennsylvania, with operations in Stafford and Clevedon, UK. To receive additional information on PuriCore, please visit our website at www.puricore.com, which does not form part of this press release.

Certain statements made in this announcement are forward-looking statements. These forward-looking statements are not historical facts but rather are based on the Company's current expectations, estimates, and projections about its industry; its beliefs; and assumptions. Words such as 'anticipates,' 'expects,' 'intends,' 'plans,' 'believes,' 'seeks,' 'estimates,' and similar expressions are intended to identify forward-looking statements. These statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties, and other factors, some of which are beyond the Company's control, are difficult to predict, and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements. The Company cautions shareholders and prospective shareholders not to place undue reliance on these forward-looking statements, which reflect the view of the Company only as of the date of this announcement. The forward-looking statements made in this announcement relate only to events as of the date on which the statements are made. The Company will not undertake any obligation to release publicly any revisions or updates to these forward-looking statements to reflect events, circumstances, or unanticipated events occurring after the date of this announcement except as required by law or by any appropriate regulatory authority.