If you would like to learn more about future focusIR related events and roundtables, please submit your details here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksVersarien Regulatory News (VRS)

  • This share is currently suspended. It was suspended at a price of 0.01
  • There is currently no data for VRS

Distribution Agreement

3 Oct 2013 07:00

RNS Number : 5967P
Versarien PLC
03 October 2013
 

 

 

Press Release

3 October 2013

 

 

Versarien plc

 

("Versarien" or the "Group")

 

Distribution Agreement with Compare the Game

 

Versarien plc (AIM: VRS), the advanced engineering materials group, today announces that it has signed a Distribution Agreement with Compare the Game, an online video game aggregator, for the supply of jointly developed water cooled PC's, which utilise Versarien's patent porous metal copper technology, VersarienCu. These high speed gaming PC's, designed to offer improved reliability coupled with high performance, will be offered for sale through Compare the Game's website. Versarien's porous copper can be applied in cooling systems across a variety of hardware applications, and when incorporated into liquid cooling systems can improve their efficiency by up to ten times.

 

Compare the Game, established by Ritchie Williamson, aggregates significant amounts of information about video games and functions as a one-stop hub for gamers who want to compare product details. Mr Williamson believes there to be significant potential for gaming aggregation services to add value to the gaming market.

 

Commenting on the distribution agreement with Versarien, Ritchie Williamson, Founder of Compare the Game, said: "I am honoured to be working with Neill Ricketts and his team at Versarien. The water cooled PC is an exciting high speed gaming machine which is a pioneer in the market today, and we believe that gamers will love it."

 

Neill Ricketts, Chief Executive Officer of Versarien plc, added: "This agreement with Compare the Game marks a fantastic opportunity for Versarien; following months of testing and collaboration to bring this very exciting product to market. Versarien is committed in its mission to utilise VersarienCu to enable greater efficiency amongst cooling systems across a variety of hardware that is found in high performance workstations."

 

Images of the Versarien water-cooled PC can be viewed at www.versarien.com.

 

- Ends -

 

For further information:

Versarien Limited

Neill Ricketts, Chief Executive Officer

Tel: +44 (0) 1594 368 252

www.versarien.com

 

Northland Capital Partners Limited

(Nomad and Joint Broker)

William Vandyk / Lauren Kettle

Tel: +44 (0) 20 7796 8800

www.northlandcp.co.uk

Westhouse Securities Limited

(Joint Broker)

 

Tom Griffiths / Rob Sanders

Tel: +44 (0) 20 7601 6100

 

www.westhousesecurities.com

 

Media enquiries:

Abchurch Communications Limited

Henry Harrison-Topham / Jamie Hooper / Alistair de Kare Silver

Tel: +44 (0) 20 7398 7719

henry.ht@abchurch-group.com

www.abchurch-group.com

 

Notes to Editors

About Versarien

Versarien develops advanced micro-porous metals for thermal management. The open celled metallic foams produced by the Group at its manufacturing factory in Cinderford, Gloucestershire, are 'biomimetic' - that is they mimic the sponge like structures of biological materials, e.g. bone and coral.

 

Versarien's porous metals have an exceptionally high surface area relative to volume which means they are ideally suited to any function where surface area is important, for example heat transfer, heat exchange, catalysis and energy storage. Versarien is initially targeting the thermal management industry due to the material's superb heat transfer properties. The thermal management market is expected to reach US$S11.1 billion during 2013 (Source: BCC Research).

 

The Group's lead product is VersarienCu, a micro-porous copper. When incorporated into liquid cooling systems, VersarienCu can improve efficiency by up to ten times. Versarien's key market is cooling systems for central processing units (CPUs), hardware that is found in high performance workstations (engineering, science, CGI, animation), computer clusters, supercomputing infrastructure and data centres. VersarienCu can be retrofitted into 'cold plates' within existing infrastructure and the Group also intends to produce complete cooling systems containing VersarienCu.

 

About Compare the Game

Compare the Game is a brand new video game aggregator, helping gamers find the best games on the market saving them time and money. The website provides the latest news, videos, prices & the most helpful reviews from all the top gaming sites.www.comparethegame.com

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
NRAQLLFBXBFXFBD
Date   Source Headline
9th Jun 20237:00 amRNSInterim Results
31st May 20237:00 amRNSTotal Voting Rights
17th May 20237:00 amRNSSuccessful Cementene precast concrete trials
3rd May 20239:30 amRNSPlacing and Update on Turnaround Strategy
31st Mar 20237:00 amRNSTotal Voting Rights
29th Mar 202311:22 amRNSResult of AGM
29th Mar 20237:00 amRNSAGM Statement
15th Mar 20237:00 amRNSPlacing to raise £318,000
14th Mar 20232:56 pmRNSFurther re Resignation of Chief Executive Officer
10th Mar 20237:00 amRNSResignation of Chief Executive Officer
6th Mar 20237:00 amRNSCostain Civil Engineering Project
1st Mar 202312:00 pmRNSUmbro Launch
28th Feb 20237:00 amRNSNotice of AGM and Posting of Annual Report
21st Feb 20237:00 amRNSResults for the 18 months ended 30 September 2022
9th Feb 20238:33 amRNSAIM Rule 17 Update
27th Jan 20237:00 amRNSGraphene-Wear OEKO-TEX Eco Passport certification
24th Jan 20231:56 pmRNSFinal Results Update
30th Dec 20227:00 amRNSTotal Voting Rights
6th Dec 20229:40 amRNSPlacing to raise £1.85 million
5th Dec 20224:40 pmRNSSecond Price Monitoring Extn
5th Dec 20224:35 pmRNSPrice Monitoring Extension
5th Dec 20227:00 amRNSG-SCALE Update & Innovate UK Loan Variation
2nd Dec 20224:35 pmRNSPrice Monitoring Extension
1st Dec 20224:41 pmRNSSecond Price Monitoring Extn
1st Dec 20224:35 pmRNSPrice Monitoring Extension
2nd Nov 20224:35 pmRNSPrice Monitoring Extension
30th Sep 202212:48 pmRNSResult of AGM
28th Sep 20224:41 pmRNSSecond Price Monitoring Extn
28th Sep 20224:36 pmRNSPrice Monitoring Extension
26th Sep 20227:00 amRNSBiaBrazil to utilise Graphene-Wear Technology
24th Aug 20227:00 amRNSNotice of AGM
30th Jun 20227:00 amRNSVerified Graphene Producer Re-certification
27th Jun 20227:00 amRNSLaunch of New Superparamagnetic Material
12th May 20227:00 amRNSInterim Results
10th May 20227:00 amRNSUmbro to Utilise Versarien’s Graphene-Wear Tech
3rd May 20227:00 amRNSNotice of Results and Investor Presentation
25th Apr 20223:25 pmRNSHolding(s) in Company
9th Mar 20227:00 amRNSLaunch of Lunar 3D printed lifestyle pods
24th Feb 20227:00 amRNSChange of Auditors and Accounting Reference Date
22nd Feb 20227:00 amRNSFlux Footwear to launch graphene enhanced shoe
20th Jan 20227:00 amRNSInvestor Event
4th Jan 20227:00 amRNSConfirmation of Board Change
24th Dec 20217:00 amRNSHolding(s) in Company
10th Dec 20217:00 amRNSInvestor Presentation
6th Dec 20217:00 amRNSInterim Results
2nd Dec 20217:00 amRNSNotice of Results and Investor Presentation
17th Nov 20212:27 pmRNSHolding(s) in Company
16th Nov 202112:31 pmRNSSuperdry partners with Versarien
11th Nov 20217:00 amRNSInvestor Presentation
1st Nov 20217:00 amRNSConsortium wins Department for Transport backing

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.