Nanoco Group PLC Commercial Supply and License Agreement (2172Y)
December 04 2017 - 2:00AM
UK Regulatory
TIDMNANO
RNS Number : 2172Y
Nanoco Group PLC
04 December 2017
NANOCO GROUP PLC
("Nanoco" or the "Company")
Commercial Supply and License Agreement with the Sports Turf
Research Institute
Nanoco Group plc (LSE: NANO), a world leader in the development
and manufacture of cadmium-free quantum dots and other
nanomaterials, today announces that it has signed a Commercial
Supply and License Agreement with STRI Group, the world's leading
consultancy for design, research and management of natural and
synthetic sports turf surfaces.
Nanoco will supply its high performance CFQDs to STRI, which is
developing CFQD enabled lighting systems to enhance seed
germination and speed up the growth of turf for sporting venues and
stadia fields. Specific financial details have not been
disclosed.
Established in 1929, STRI has recently developed new research
facilities in Australia and Qatar and launched design and
consultancy hubs in Asia-Pacific, the Middle East and across
Europe. Its wide-ranging consultancy services have been used at
FIFA World Cup tournaments, the Olympic Games, Wimbledon
Championships and The Open Golf Championships.
This latest agreement continues Nanoco's growth in its
speciality lighting business where it is already developing
products with partners for the horticulture and photodynamic
therapy industries. Nanoco was named as a CES 2017 Innovation
Awards Honoree for its work in sustainable plant growth in November
2016.
For further information, please contact:
MHP Communications Tel: +44 (0) 20 3128 8570
Reg Hoare / Andrew Leach / Giles Robinson / Pete Lambie
nanoco@mhpc.com
Notes for editors:
About Nanoco Group plc
Nanoco is a world leader in the development and production of
cadmium-free quantum dots and other nanomaterials for use in
multiple applications including LCD displays, lighting, solar cells
and bio-imaging. In the display market, Nanoco has non-exclusive
manufacturing and marketing licensing agreements with The Dow
Chemical Company, Merck KGaA and Taiwan's Wah Hong Industrial
Corporation. Nanoco also has a strategy of direct sales in display
and in its other target markets, including lighting.
Nanoco was founded in 2001 and is headquartered in Manchester,
UK. It has production facilities in Runcorn, UK, and a US
subsidiary, Nanoco Inc, based in Concord, MA. Nanoco also has
business development executives in Japan, Korea and Taiwan. Its
technology is protected worldwide by a large and growing patent
estate.
Nanoco is listed on the main market of the London Stock Exchange
and trades under the ticker symbol NANO. For further information
please visit: www.nanocogroup.com.
About STRI
STRI is the leading global consultancy specialist for the
development of elite standard sports surfaces. Providing advice and
expertise on the research, design, construction and management of
both natural and artificial sports fields of play across the
world.
STRI was established in the UK in 1929, and now operates
globally out of its three research and design hubs in Europe,
Middle East and Asia-Pacific. Clients include some of the world's
most iconic sports venues, international tournaments, sports
governing bodies, sports club owners and facilities managers, local
authorities and schools.
STRI has within its capabilities extensive staff resources
working across wide range of R&D, design, consultancy and
sustainability disciplines.
Visit www.strigroup.com for more information on STRI and their
wide range of services.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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