Ilika plc Battery Patent Update (0401P)

TIDMIKA

RNS Number : 0401P

Ilika plc

08 October 2019

Ilika plc

("Ilika" or the "Company")

Battery Patent Update

Ilika (AIM: IKA), a pioneer in solid-state battery technology, announces that it has been granted eight of its Stereax(R) solid-state battery patent filings in five patent jurisdictions.

Over the past two years, Ilika has seen substantial progress in the prosecution of this aspect of its patent portfolio at the Patent Offices of China, Korea, Japan, USA and Europe. As a result, three of its patent families are significantly stronger, with eight related filings going to grant and notices of allowance being issued for a further four.

These patent filings protect the methods used to make Ilika's thin-film solid-state Stereax(R) cells. The Stereax(R) roadmap commenced with miniature batteries designed to meet the demands of powering wireless devices and has been extended to include large format cells for automotive.

Ilika's CEO Graeme Purdy said: "Protecting Ilika's know-how relating to solid-state batteries is key to our ability to grow our business. We take this very seriously and employ a Vice President of Intellectual Property, who is seconded to the Company from an international firm of patent lawyers to manage this process for us. This strategy is validated by the continued stream of granted patents reinforcing our position."

For more information contact:

 
Ilika plc 
Graeme Purdy, Chief Executive                         Tel: 023 8011 1400 
Steve Boydell, Finance 
 Director 
 
Liberum Capital Limited                               Tel: 020 3100 2000 
Andrew Godber, Cameron 
 Duncan, William Hall 
 
Walbrook PR Ltd                Tel: 020 7933 8780 / ilika@walbrookpr.com 
Lianne Cawthorne                                      Mob: 07584 391 303 
Nick Rome                                             Mob: 07748 325 236

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October 08, 2019 02:00 ET (06:00 GMT)

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