Versarien PLC Umbro Launch
March 01 2023 - 7:00AM
RNS Non-Regulatory
TIDMVRS
Versarien PLC
01 March 2023
Reach - Non-Regulatory
1 March 2023
Versarien plc
("Versarien" or the "Company")
Umbro Launch
Launch of Umbro's ProTraining Elite range incorporating
Versarien's Graphene-Wear(TM)
Versarien plc (AIM: VRS), the advanced materials engineering
group, is pleased to announce the launch of Umbro's ProTraining
Elite range, including garments incorporating the Company's
Graphene-Wear(TM) technology.
Versarien has been working with Umbro since 2018 and these are
the first products to be launched in Europe incorporating the
Company's technology. Umbro's new ProTraining Elite long-sleeve
running tops, baselayers and running tights have Versarien's
Graphene-Wear(TM) ink formula printed on the inside. The
Graphene-Wear(TM) formula features novel properties that will allow
wearers to experience enhanced thermal transmittance, increased
moisture management, with improved drying rate, without
compromising air or water vapor permeability. In particular, these
three garments will benefit significantly from applying
Graphene-Wear(TM) as they are being worn in circumstances where
maintaining core body temperature is more desirable and difficult
to achieve. The garments also have Versarien's Graphene-Wear(TM)
trademark applied.
In developing its proprietary Graphene-Wear(TM) technology,
Versarien has invested in extensive wearer trials in partnership
with University of Gloucestershire and in January 2023
Graphene-Wear(TM) secured OEKO-TEX(R) Eco Passport certification,
all aimed at giving the Company's partners, such as Umbro,
confidence in the technology.
Neill Ricketts, Chief Executive Officer of Versarien, said: "We
are delighted that Umbro are launching their new Pro-Training Elite
range onto the market, incorporating the Company's
Graphene-Wear(TM) technology. This technology is designed to
provide the garments with novel properties, in particular regarding
their thermo-regulatory properties and the ability to maintain
optimum body temperature, that will significantly enhance the user
experience.
"We look forward to the Umbro ProTraining Elite garments,
incorporating Graphene-Wear(TM), being on sale and it showcasing
the viability and attractiveness of using this technology for
future products."
For further information please contact:
Versarien Plc
Neill Ricketts - Chief Executive Officer +44 (0) 1594 887204
Chris Leigh - Chief Financial Officer
Stephen Hodge - Chief Technology Officer
SP Angel Corporate Finance (Nominated Adviser and Joint Broker)
Matthew Johnson, Adam Cowl +44 (0) 20 3470 0470
Berenberg (Joint Broker)
Mark Whitmore, Ciaran Walsh +44 (0) 20 3207 7800
IFC Advisory Limited (Financial PR and Investor Relations)
Tim Metcalfe, Zach Cohen +44 (0) 20 3934 6630
About Versarien Plc
The strategy of Versarien Plc (AIM:VRS) is to be a globally
recognised graphene company with a wide portfolio of high-quality
verified materials allied to the largest relevant IP portfolio
supported by its own UK based research and development centre
driving recurring revenue growth through its innovative graphene
product applications.
For further information please see: https://www.versarien.com
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