TIDMVRS

Versarien PLC

03 August 2020

3 August 2020

Versarien plc

("Versarien", the "Company" or the "Group")

Launch of Graphene Enhanced Protective Face Mask

Versarien plc (AIM: VRS), the advanced materials engineering group, is pleased to announce the launch of its first Graphene Enhanced Protective Face Mask, which utilises Polygrene(TM) , Versarien's graphene enhanced polymer.

The launch of the new protective face mask coincides with the first two orders Versarien has received following recent prelaunch sales activity, which resulted in 100,000 masks being delivered to a leading British university and 20,000 ordered by a UK electrical and mechanical servicing and repairs business.

Designed and manufactured with a Chinese partner, Versarien's graphene enhanced mask is a filtering facepiece (FFP2 rated version), which is designed to help provide enhanced protection against airborne bacteria and to minimise the spread of viral infection.

It meets the important BS EN 149:2001+A1:2009 standard (Respiratory protective devices), its antibacterial performance is certified according to GB/T 20944.2.2007 and its anti-viral performance is certified according to ISO 18184:2014 (E). Consequently, it meets the guidelines issued by the World Health Organisation.

The new mask is enhanced with a coated layer utilising Polygrene, an advanced graphene-based material featuring Nanene - the world's only independently Verified Graphene Product certified by The Graphene Council. The addition of graphene to polymers provides many benefits including allowing innovative products to be developed utilising existing production processes. The Polygrene is blended with a sustainably sourced cellulose (viscose) material mix.

Neill Ricketts, CEO of Versarien, commented: "Our new graphene enhanced mask is just one example of Polygrene's versatility and the high-quality design specifications that can be met using the material. We have taken great encouragement from the initial level of interest and are already in discussions with a number of other potential customers. Importantly, through our partner, we also have the capacity to fulfil much larger numbers of product orders going forward."

Enquiries:

 
 Versarien 
  Neill Ricketts, CEO                             +44 (0)1242 269 
  Chris Leigh, CFO                                 122 
 SP Angel Corporate Finance (Nominated Adviser 
  and Joint Broker) 
  Ewan Leggat, Soltan Tagiev                      +44 (0)20 3470 0470 
 Berenberg (Joint Broker) 
  Mark Whitmore, Simon Cardron                    +44 (0)20 3207 7800 
 Yellow Jersey (Investor Relations) 
  Charles Goodwin 
  Georgia Colkin 
  Henry Wilkinson 
 
  Versarien@yellowjerseypr.com                    +44 (0)774 778 8221 
 

About Versarien

Versarien plc (AIM: VRS), is an advanced engineering materials group. Leveraging proprietary technology, the Group creates innovative engineering solutions for its clients in a diverse range of industries. Versarien has seven active subsidiaries operating under two divisions:

Graphene and Plastics

2-DTech Ltd, which specialises in the supply, characterisation and early stage development of graphene products. 2-DTech is based at the Graphene Innovation Engineering Centre, a GBP60 million facility set up to work in collaboration with industry partners to create, test and optimise new concepts for the delivery of graphene to the market. www.2-dtech.com

AAC Cyroma Limited, which specialises in the supply of vacuum-formed and injection-moulded products to the automotive, construction, utilities and retail industry sectors. Using Versarien's existing graphene manufacturing capabilities, AAC has the ability to produce graphene-enhanced plastic products. www.aaccyroma.co.uk

Cambridge Graphene Limited, supplies novel inks based on graphene and related materials, using patented

processes to develop graphene materials technology.   www.cambridgegraphene.com 

Gnanomat S.L. ("GNA"), based in the Parque Cientifico Madrid, Spain, is a company capable of utilising Versarien's graphene products in an environmentally friendly, scalable production process for energy storage devices that offer high power density, fast recharging and very long lifetimes for use in electrical vehicles and portable electronics products. www.gnanomat.com

Versarien Graphene Inc - based in Texas, is the sales business for the UK's graphene products.

Hard Wear and Metallic Products

Versarien Technologies Limited has developed an additive process for creating advanced micro-porous metals targeting the thermal management industry and supplies extruded aluminium. www.versarien-technologies.co.uk

Total Carbide Limited, a leading manufacturer in sintered tungsten carbide for applications in arduous environments such as the oil and gas industry. www.totalcarbide.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

NRAUUORRRRUWRAR

(END) Dow Jones Newswires

August 03, 2020 02:00 ET (06:00 GMT)

Versarien (LSE:VRS)
Historical Stock Chart
From May 2024 to Jun 2024 Click Here for more Versarien Charts.
Versarien (LSE:VRS)
Historical Stock Chart
From Jun 2023 to Jun 2024 Click Here for more Versarien Charts.