AXS Accsys Technologies Plc

    RNS Number : 8899H
  Accsys Technologies PLC
  12 November 2008
   



    12th November 2008                                                                                                                  
AIM: AXS
                                                                                             NYSE Euronext Amsterdam: AXS

    Accsys Technologies PLC

    Accsys expands into Africa announcing license agency agreement

    Accsys Technologies PLC ("Accsys" or "the Company") announces that Titan Wood Limited ("Titan Wood"), its wholly-owned subsidiary, has
entered into an agency agreement with PEG Resources S.A. ("PEG"), in respect of the rights to source and develop a licensing infrastructure
to manufacture Accoya� wood throughout the African continent. The two companies have targeted several African countries to explore licensing
opportunities for the production of Accoya� wood. 

    Willy Paterson-Brown, Executive Chairman of Accsys, said, "PEG is an ideal partner for developing the potential of the African market.
Their expertise in project engineering and environmental studies, strong government relationships and financial partnerships gives them the
experience we need to cultivate the potential for Accoya� wood licensing in Africa."

    Marc Lambert, Chief Executive Officer of PEG, added, "Accoya� wood is the gold standard of quality and sustainability in the wood
industry today. Reforestation programmes, responsible forest management and sustainable wood processes, are the future for many African
countries and will be well supported by the West. We plan to develop the infrastructure to support these advances and believe that Accoya�
wood has a significant role to play."

    Mr. Lambert continued, "Cameroon, Gabon, Central African Republic, Congo, Democratic Republic of Congo, Equatorial Guinea, and Sierra
Leone will be some of the initial areas for us to focus on; however, our interest spans from Algeria to South Africa. European investment,
from both government and the private sector, into the development, rehabilitation and management of forest interests in central African
countries means that sustainability is the key for long term success. We are delighted to be working with Accsys and a number of governments
for such progressive environmentally responsible development."

    Ends


      For further information, please contact:

 Accsys Technologies PLC         William               +44 20 8114 2510 
                                 Paterson-Brown,       +44 20 8150 8835
                                 Executive Chairman
 Collins Stewart Europe Limited  Hugh Field / Michael  +44 20 7523 8000
                                 O'Brien
 Parkgreen Communications        Leah Kramer / Paul    +44 20 7933 8780
                                 McManus               +44 7793 244 055
                                 leah.kramer@          +44 7980 541 893
                                 parkgreenmedia.com
                                 paul.mcmanus@
                                 parkgreenmedia.com
 Citigate First Financial B.V.   Wouter van de Putte   + 31 20 575 4080
                                 / Laurens Goverse 

    Notes to Editors:

    PEG Resources S.A. (www.pegeng.ch www.pegresources.com) - is an independent engineering consulting company established in 1965. Based in
Geneva, Switzerland, it offers a vast range of services spanning the cement, environment and infrastructure industries and has ongoing
projects all over the globe.

    Accsys Technologies PLC (www.accsysplc.com) - is an environmental science and technology company whose primary focus is on the
production of Accoya� wood and technology licensing via its 100% owned subsidiary, Titan Wood (www.titanwood.com), which has manufacturing
operations in Arnhem, the Netherlands, and a regional office for the Americas in Dallas, Texas. Accsys' operations comprise three principal
business units: (i) the Accoya� wood production facility located in Arnhem, The Netherlands; (ii) technology development, focused on a
programme of continuous improvements to the process engineering and operating protocols for the acetylation of wood which are currently
under development and the development of technology for the acetylation of wood fibre; and (iii) the licensing of technology for the
production of Accoya� wood across the globe.

    Accoya� Wood (www.accoya.info) - is produced by using a patent-pending non-toxic process that effectively converts sustainably grown
softwoods and non-durable hardwoods into what is best described as a "new wood species" via acetylation. Distinguished by its durability,
dimensional stability and, perhaps most importantly of all, its reliability (in terms of consistency of both supply and quality), Accoya�
wood is particularly suited to exterior applications where performance and appearance are valued. Unlike most woods, its colour does not
degrade when exposed to sun light. Moreover, the Accoya� wood production process does not compromise the wood's strength or machinability.
The combination of UV resistance, dimensional stability, durability and retained strength means that Accoya� wood offers a wealth of new
opportunities to architects, designers and specifiers. Leading applications include external doors and windows, shutters/shading, siding and
cladding, decking, outdoor furniture/equipment and glulam beams for structural use. 

    Wood Acetylation is a process, which increases the amount of 'acetyl' molecules in wood, thereby changing its physical properties. The
environmentally responsible process protects wood from rot by making it "inedible" to most micro-organisms and insects, without - unlike
conventional treatments - making it toxic. It also greatly reduces the wood's tendency to swell and shrink, making it less prone to cracking
and ensuring that when painted it requires dramatically reduced maintenance. Acetylated wood's increased durability offers major carbon
sequestration advantages, compared to others woods and especially typical man-made building materials.  

    ACCOYA and the Trimarque Device are registered trademarks owned by Titan Wood Limited and 
    may not be used or reproduced without written permission

This information is provided by RNS
The company news service from the London Stock Exchange
 
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