Last checked at 1 Mar 2023 12:00
Reach - Non-Regulatory
1 March 2023
Versarien plc
("Versarien" or the "Company")
Umbro Launch
Launch of Umbro's ProTraining Elite range incorporating Versarien's Graphene-Wear™
Versarien plc (AIM: VRS), the advanced materials engineering group, is pleased to announce the launch of Umbro's ProTraining Elite range, including garments incorporating the Company's Graphene-Wear™ technology.
Versarien has been working with Umbro since 2018 and these are the first products to be launched in Europe incorporating the Company's technology. Umbro's new ProTraining Elite long-sleeve running tops, baselayers and running tights have Versarien's Graphene-Wear™ ink formula printed on the inside. The Graphene-Wear™ formula features novel properties that will allow wearers to experience enhanced thermal transmittance, increased moisture management, with improved drying rate, without compromising air or water vapor permeability. In particular, these three garments will benefit significantly from applying Graphene-Wear™ as they are being worn in circumstances where maintaining core body temperature is more desirable and difficult to achieve. The garments also have Versarien's Graphene-Wear™ trademark applied.
In developing its proprietary Graphene-Wear™ technology, Versarien has invested in extensive wearer trials in partnership with University of Gloucestershire and in January 2023 Graphene-Wear™ secured OEKO-TEX® Eco Passport certification, all aimed at giving the Company's partners, such as Umbro, confidence in the technology.
Neill Ricketts, Chief Executive Officer of Versarien, said: "We are delighted that Umbro are launching their new Pro-Training Elite range onto the market, incorporating the Company's Graphene-Wear™ technology. This technology is designed to provide the garments with novel properties, in particular regarding their thermo-regulatory properties and the ability to maintain optimum body temperature, that will significantly enhance the user experience.
"We look forward to the Umbro ProTraining Elite garments, incorporating Graphene-Wear™, being on sale and it showcasing the viability and attractiveness of using this technology for future products."
For further information please contact:
Versarien Plc | |
Neill Ricketts - Chief Executive Officer | +44 (0) 1594 887204 |
Chris Leigh - Chief Financial Officer Stephen Hodge - Chief Technology Officer | |
SP Angel Corporate Finance (Nominated Adviser and Joint Broker) | |
Matthew Johnson, Adam Cowl | +44 (0) 20 3470 0470 |
Berenberg (Joint Broker) | |
Mark Whitmore, Ciaran Walsh | +44 (0) 20 3207 7800 |
IFC Advisory Limited (Financial PR and Investor Relations) | |
Tim Metcalfe, Zach Cohen | +44 (0) 20 3934 6630 |
About Versarien Plc
The strategy of Versarien Plc (AIM:VRS) is to be a globally recognised graphene company with a wide portfolio of high-quality verified materials allied to the largest relevant IP portfolio supported by its own UK based research and development centre driving recurring revenue growth through its innovative graphene product applications.
For further information please see: https://www.versarien.com