Re: Contract

15 Sep 2006 07:00

14 September 2006 Surface Transforms plc (the "Company") Aircraft Brake Development Contract The Company is pleased to announce a development agreement with a major globalsupplier of carbon-carbon aircraft brake systems. Surface Transforms is now inactive collaboration with three out of a total of six such major globalsuppliers. The objective of the development contract is to produce a low wearlonger-life silicon carbide carbon-ceramic brake based specifically on theclient's incumbent carbon-carbon precursor.Successful tests at the client's site on sub-scale aircraft disc brakes werecompleted in May 2006 and the agreement will now extend that work programme toinclude full-scale aircraft discs which will be developed by Surface Transformsfor testing by the client.Under the terms of the agreement the global brake supplier will fund all costsrelating to the work programme. Development work on the programme is scheduledfor completion and review in the fourth quarter of the Company's currentfinancial year. If the development work is successful the Board expects toenter into discussions regarding a more extensive programme of work.For enquiries, please contact:Surface Transforms plcDr Kevin Johnson 0151 472 3733Dr Geoff Gould 0151 472 3733John East & Partners Limited (Nominated Adviser)Simon Clements 020 7628 2200David Worlidge 020 7628 2200Teather & Greenwood Limited (Broker)Mark Dickenson 020 7426 9000Sindre Ottesen 020 7426 9000ENDSURFACE TRANSFORMS PLC