The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksVersarien Regulatory News (VRS)

Share Price Information for Versarien (VRS)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.103
Bid: 0.098
Ask: 0.103
Change: 0.0015 (1.52%)
Spread: 0.005 (5.102%)
Open: 0.103
High: 0.103
Low: 0.103
Prev. Close: 0.099
VRS Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Expansion of European Sales Channels

18 Jun 2015 07:00

RNS Number : 4927Q
Versarien PLC
18 June 2015
 

 

18 June 2015

 

Versarien plc

("Versarien" or the "Company")

 

Versarien Technologies expands European sales channels

 

Versarien plc (AIM: VRS), the advanced engineering materials group, is pleased to announce the appointment of Ismosys as the pan European sales and marketing partner for Versarien Technologies Limited, the Company's subsidiary which specialises in advanced thermal management solutions. Versarien has also appointed two national distributors in Sweden and in Denmark.

The partnership with Ismosys will extend the sales and marketing reach, and customer support, for the VersarienCu™ standard range of heat sink products. Ismosys has sales representatives based in a number of key European territories, managed from eight regional offices. Ismosys also has an established relationship with Mouser Electronics, one of Versarien's existing global distribution partners.

Under the two additional distribution agreements, Vallentin Elektronik and Satco Komponent will promote the Versarien standard range of heat sink products in Denmark and Sweden respectively.

The Nordic region is currently witnessing a surge in its high-tech electronics industries, which is being created by a burgeoning start-up community and a highly skilled engineering workforce. This new wave of creativity and design is leading to a strong demand for innovative components such as the VersarienCu™ micro-porous metallic copper foam technology, where space is at a premium and performance is crucial.

Vallentin Elektronik and Satco Komponent are both well-established electronic components distributors. They each have strong reputations for supplying thermal management products to the electronics and engineering industries.

Neill Ricketts, CEO of Versarien, said: "We continue to expand our geographical presence outside the UK and to make further progress in the commercialisation of our disruptive technology. Since launching our standard range of heat sink products in April we have secured a global distribution agreement in the US with Mouser Electronics. We anticipate that these latest partnerships will provide us with considerable reach into Europe and the fast evolving Nordic electronic market. Our product range is ideally suited for the next generation of electronic devices and securing these sales channels demonstrates that we are gaining real momentum."

 

For further information:

Versarien Plc

Neill Ricketts, Chief Executive Officer

Chris Leigh, Chief Financial Officer

 

Tel: +44 (0) 1594 888 622

www.versarien.com

Charles Stanley Securities

(Nominated Adviser and Broker)

Russell Cook / James Greenwood

Tel: +44 (0) 20 7149 6000

IFC Advisory

(Financial PR and IR)

Tim Metcalfe / Graham Herring / Heather Armstrong

Tel +44 (0) 20 3053 8671

 

Notes to editors

Versarien™ plc(AIM:VRS), is an advanced engineering materials group. Leveraging proprietary technology, the Group creates innovative engineering solutions for its clients in a diverse range of industries. Versarien has three subsidiaries:

Versarien Technologies Ltd. which owns the exclusive rights to a patent-protected additive process for creating advanced micro-porous metals targeting the thermal management industry and manufactures extruded aluminium heat sinks for the electronics and computing industries. www.versarien-technologies.co.uk 

Total Carbide Ltd, a leading manufacturer in sintered tungsten carbide for applications in arduous environments such as the oil and gas industry. www.totalcarbide.com 

2-DTech Ltd., which specialises in the supply, characterisation and early stage development of graphene products. www.2-dtech.com

Ismosys, (http://www.ismosys.com/default.htm) is the principal operating division of the pan-European Spectrum Electronics Group, an organisation founded in 1994 to provide sales, marketing and operations support to customers and associated design, manufacturing and software partners. Operating from local offices located throughout Europe, Ismosys represents over 30 manufacturers helping them to meet the demands and challenges of today's technological marketplace by providing customers with unparalleled access to technology, information and service.

Founded in 1977 Vallentin Elektronik (http://www.vallentin.dk/) is a supplier of electronic components and thermal solutions to the electronic industry in Denmark and nearby countries. The company represents over 20 electronics suppliers including Omnivision and Taiyo Yuden.

Satco Komponent AB http://www.satco.se is a well-known electronic component distributor to the Nordic and Baltic regions. The privately owned company was originally esablished in 1920 and is well recognized in both in the military and civilian field.

 About the VersarienCU™ heat sink range

The low profile range is designed for use in passive cooling applications where space is at a premium and performance is crucial. VersarienCu™ heat sinks can potentially be used to cool any Integrated Circuit component, with applications including:

· Power integrated circuits, high temperature components and transistors

· Set top boxes, AP routers, cable modems and broadband

· Optical Networks and LED TV and flat panel displays

VersarienCu™ reduces the potential size requirement of individual components due to increased thermal efficiency. Where space has traditionally been at a premium the metallic foam now allows for a reduced footprint. The increased thermal efficiency of the copper foam on the component can allow for a cooling fan to be removed from products, and has the additional major benefit of increasing the life of a component by reducing overheating.

By producing a standard range of off-the-shelf products Versarien is offering this advanced cooling technology to customers at a more competitive price which, together with the improved thermal management capabilities has already resulted in significant interest from large scale users, who are looking for more reliability and functionality for their electronic components.

 

ENDS

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
NRAEAKKXFSASEFF
Date   Source Headline
30th Apr 202411:59 amRNSResult of AGM
28th Mar 20247:00 amRNSAudited Results for year ended 30 September 2023
28th Mar 20247:00 amRNSTotal Voting Rights
20th Mar 20248:33 amRNSPlacing to raise £615,000
14th Mar 20247:00 amRNSSouth American Graphinks Agreements
11th Mar 20247:00 amRNSSale of Korean Assets and Licencing of IP
16th Feb 20242:22 pmRNSNotification of final results
7th Feb 20247:00 amRNSReceipt of Legal Claims
31st Jan 20247:00 amRNSTotal Voting Rights
23rd Jan 20244:53 pmRNSHolding(s) in Company
23rd Jan 20241:24 pmRNSHolding(s) in Company
19th Jan 20247:00 amRNSPlacing to raise £400,000
10th Jan 202411:29 amRNSResult of General Meeting
20th Dec 20237:00 amRNSCompany Update and Notice of General Meeting
30th Nov 20237:00 amRNSTotal Voting Rights
8th Nov 20237:00 amRNSPlacing to raise £454,822
30th Oct 202311:52 amRNSResult of General Meeting
30th Oct 20237:00 amRNSGeneral Meeting Statement
12th Oct 20237:00 amRNSNotice of General Meeting
2nd Oct 20237:00 amRNSCorporate Update
13th Sep 20237:00 amRNSTurnaround Strategy - Gnanomat Grant Award
31st Jul 20237:00 amRNSTotal Voting Rights
18th Jul 20234:31 pmRNSDirectorate Changes
14th Jul 20237:00 amRNSPlacing to raise £650,000
4th Jul 202310:54 amRNSResult of General Meeting
4th Jul 20237:00 amRNSGeneral Meeting Statement
15th Jun 20237:00 amRNSNotice of General Meeting
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

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.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.