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Neville Registrars is delighted to welcome Mining, Minerals & Metals plc as the newest addition to its list of client companies.

 

 

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RNS Number : 0195O

Character Group PLC

24 January 2019

 

THE CHARACTER GROUP PLC

("Character", "Group" or "Company")

 

Designers, developers and international distributor of toys, games and giftware

 

 

Character named Supplier of the Year by UK Toy Industry Association

 

Company's service is recognised by retailers, in addition to picking up a Toy of the Year Award

 

 

 

LONDON: Thursday 24 January 2019: The Character Group plc (AIM: CCT) is delighted to announce that its principal trading subsidiary, Character Options Limited ("Character Options"), is celebrating two successes at the annual Toy Industry Awards at The London Toy Fair.

 

Each year the Toy Retailers Association announces at its annual awards ceremony at the London Toy Fair, not only which toys were most successful in the previous 12 months, but also which suppliers have performed best amongst their peers.  At this year's gathering, Character Options was awarded the coveted "Supplier of the Year" Award for the excellent standard of service to its customers.

 

Jon Diver, Joint MD at Character, commented:

 

"The Character Options team strives to give the best possible service to its customers whilst also supplying the highest quality and most sought-after children's toys.  We are delighted, therefore, to be recognised with this Supplier of the Year Award."

 

In addition, Soft 'n Slo Squishies was announced the winner of the Craze of the Year category. In an industry where trends are so dominant this brand was a top performing item and one of the best sellers for Character Options in 2018.

 

Two further Character Options brands received recognition with nominations in the categories; Peppa Pig in pre-school and Bubbleez as another brand in the craze category.

 

 

To watch the interview with Character discussing the ranges being shown at the Toy Fair please follow this link:

https://www.brrmedia.co.uk/broadcasts-embed/5c489294fb847413cc05168e/copied-from-5a69be0bcb01c41c2f977ee1?popup=true

 

 

The Character Group plc FTSE sector:  leisure: FTSE AIM All-share: symbol: CCT.L Market cap: £112m   Email:  [email protected] Group website: www.thecharacter.com

Product ranges can also be viewed at www.character-online.co.uk To find out more about PROXY, please visit the website at https://www.proxyas.com.

 

ENQUIRIES TO:   The Character Group plc Richard King, Non-Executive Chairman Kiran Shah, Joint Managing Director & Group Finance Director Jon Diver, Joint Managing Director

Office:      +44 (0) 208 329 3377 Mobile:    +44 (0) 7956 278522 (KS) Mobile:    +44 (0) 7831 802219 (JD)

Panmure Gordon (Nominated Adviser and Joint Broker) Atholl Tweedie, Investment Banking Charles Leigh-Pemberton, Corporate Broking Tel:  +44 (0) 20 7886 2500

TooleyStreet Communications Limited (Investor and media relations) Fiona Tooley Tel:  +44 (0) 7785 703523 Email: [email protected]

Evolution PR (Trade and consumer media) Michele Bates Tel: +44 (0) 01327 227010 Email: [email protected]

 

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 [email protected] or visit www.rns.com.

 

END

 

 

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Neville Registrars is delighted to welcome Dev Clever Holdings plc as the newest addition to its list of client companies.

 

DevClever, is a software development company established in 2014.  It has grown into a credible, recognised digital innovation brand, and has a range of blue-chip clients and educator customers, primarily within the UK.

 

Further information can be found on the Company's website: https://www.devclever.co.uk/

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RNS Number : 4440N

LoopUp Group PLC

18 January 2019

 

18 January 2019

LOOPUP GROUP PLC

 ("LoopUp Group" or the "Group")

 

Contract Renewal with Clifford Chance

 

LoopUp Group plc (LSE AIM: LOOP), the premium remote meetings company, is pleased to announce that it has signed a material contract renewal with leading global law firm, Clifford Chance.

The minimum total contract value of £2.34 million in aggregate over the 3-year term is for the provision of conference calls across Clifford Chance's global operations, spanning 32 major financial centres in the Americas, Asia Pacific, Europe, the Middle East and Africa.

The LoopUp product is typically offered on a pay-as-you-go, per minute per guest basis. However, this renewal with Clifford Chance on a guaranteed minimum spend basis is a mark of their commitment to the Group's differentiated product over the long-term.

 

Paul Greenwood, CIO of Clifford Chance, commented:

 

"Within our Innovation and Best Delivery strategy, we consider how investing in smart technology and applying our extensive legal expertise can improve value and outcomes for clients, making our service delivery more effective, every time. Technology can tackle complex challenges, but it can also be extremely powerful by making simple improvements to important tasks undertaken regularly. Conference calling from LoopUp is a great example of this: benefits such as seeing who is on the conference call or and being able to screen share easily offer significant improvement to the client experience. Our people have really taken to LoopUp, and we're pleased to demonstrate our commitment to the company and product with this major renewal."

 

Steve Flavell, co-CEO of LoopUp Group, commented:

 

"We're delighted to extend our relationship with Clifford Chance. Conference calls form a critical component of the firm's important day-to-day interactions with their clients. The quality of these calls – both from a user experience and audio quality perspective – is paramount, and we're delighted to receive this endorsement in our product and customer service from such a leading global firm."

 

The Group will announce a trading update for the financial year ended 31 December 2018 on 12 February 2019.

 

 

The information in this announcement is inside information for the purposes of Article 7 of the Market Abuse Regulation 596/2014.

 

 

For further information, please contact:

 

LoopUp Group plc	via FTI
Steve Flavell, co-CEO
Panmure Gordon (UK) Limited	+44 (0) 20 7886 2500
Dominic Morley / Alina Vaskina (Corporate Finance)
Erik Anderson (Corporate Broking)
Numis Securities Limited	+44 (0) 20 7260 1000
Simon Willis / Jonny Abbott (Corporate Finance)
Tom Ballard (Corporate Broking)
FTI Consulting, LLP	+44 (0) 20 3727 1000
Matt Dixon / Harry Staight

 

 

About Clifford Chance

 

Clifford Chance is one of the world's pre-eminent law firms with significant depth and range of resources across five continents. As a single, fully integrated global partnership, we pride ourselves on our approachable, collegial and team-based way of working. We always strive to exceed the expectations of our clients, which include corporates from all commercial and industrial sectors, governments, regulators, trade bodies and not-for-profit organisations. We provide them with the highest-quality advice and legal insight, which combines the firm's global standards with in-depth local expertise.

 

For more information, please see www.cliffordchance.com and www.linkedin.com/company/clifford-chance-llp.

 

 

About LoopUp Group plc

 

LoopUp (LSE AIM: LOOP) is a premium remote meetings solution. Streamlined and intuitive, LoopUp is built to give mainstream business professionals a better and more productive experience than basic dial-in conferencing, while delivering the quality, security and reliability required in the enterprise. One-click screen sharing and integration with tools business people use every day, like Outlook™, make it easy for LoopUp users to collaborate in real time. LoopUp's award-winning SaaS solution doesn't overwhelm users with features and doesn't require training. Over 2,000 enterprises worldwide, including Travelex, Kia Motors America, Planet Hollywood, National Geographic and Clifford Chance trust LoopUp with their remote meetings.

 

The Group is headquartered in London, with offices in San Francisco, New York, Boston, Denver, Cardiff, Berlin, Malmo, Hong Kong, Sydney and Barbados, and is listed on the AIM market of the London Stock Exchange (LOOP). For further information, please visit: www.loopup.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 [email protected] or visit www.rns.com.

 

END

 

 

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RNS Number : 7990M

ValiRx PLC

11 January 2019

 

 

 

 

VALIRX PLC

("ValiRx" or the "Company")

 

UPDATE ON VAL401

"Publication of article in the 'European Journal of Drug Metabolism and Pharmacokinetics"

"First published peer-reviewed journal article on VAL401 clinical trial results"

 

London, UK., 11 January 2019: ValiRx Plc (AIM: VAL), the clinical stage biotechnology company, is pleased to announce that further to its announcement on 18 December 2018, the Company notes that its peer-reviewed article, entitled: "Clinical Pharmacokinetics of a Lipid-Based Formulation of Risperidone, VAL401: Analysis of a Single Dose in an Open-Label Trial of Late-Stage Cancer Patients", has now been published online in the European Journal of Drug Metabolism and Pharmacokinetics and can be viewed via the following link: Dilly, S.J., Morris, G.S., Taylor, P.C. et al. Eur J Drug Metab Pharmacokinet (2019). https://doi.org/10.1007/s13318-018-00538-4

 

 

*** ENDS ***

 

For more information, please contact:

 

ValiRx plc	Tel: +44 (0) 20 3008 4416 www.valirx.com
Dr Satu Vainikka, Chief Executive	Tel: +44 (0) 20 3008 4416
Tarquin Edwards, Head of Communications.	Tel: +44 (0) 7879 458 364 [email protected]
Novum Securities Limited Colin Rowbury	Tel: +44 (0) 20 7399 9400

 

Notes for Editors

About ValiSeek

ValiSeek Limited ("ValiSeek") is a joint venture ("JV") company between ValiRx Plc and Tangent Reprofiling Limited, part of the SEEK Group. ValiSeek was formed to progress the drug VAL401 through its remaining preclinical development and towards Phase II trials for the treatment of lung cancer and other oncology indications.

 

About ValiRx

ValiRx is a biotechnology oncology focused company specialising in developing novel treatments for cancer and associated biomarkers.  It aims to make a significant contribution in "precision" medicine and science, namely to engineer a breakthrough into human health and well-being, through the early detection of cancer and its therapeutic intervention.

 

The Company's business model focuses on out-licensing therapeutic candidates early in the development process.  By aiming for early-stage value creation, the company reduces risk considerably while increasing the potential for realising value.  The group is already in licensing discussions with major players in the oncology field.

 

ValiRx's two classes of drugs in development, which each have the potential for meeting hitherto unmet medical needs by existing methods, have worldwide patent filings and agreed commercial rights.   They originate or derive from World class institutions, such as Cancer Research UK and Imperial College.

 

Until recently, cancer treatments relied on non-specific agents, such as chemotherapy.  With the development of target-based agents, primed to attack cancer cells only, less toxic and more effective treatments are now possible.  New drugs in this group-such as those in ValiRx's pipeline-promise to greatly improve outcomes for cancer patients.

 

The Company listed on the AIM Market of the London Stock Exchange in October 2006 and trades under the ticker symbol: VAL

 

 

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 [email protected] or visit www.rns.com.

 

END

 

 

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RNS Number : 8124M

Microsaic Systems plc

11 January 2019

 

11 January 2019

Microsaic Systems plc

 

("Microsaic" or the "Company")

 

Microsaic announces new protein identification product

 

Microsaic Systems plc (AIM: MSYS), the developer of point of need mass spectrometry ("MS") instruments, announces the introduction of its new protein identification technology.

 

The Microsaic MiD® ProteinID is a break-through mass identification technique that allows users to verify target proteins throughout the whole bioprocessing value chain. By providing deterministic characterisation for proteins and small molecules at the point of need, the Microsaic MiD® ProteinID offers fast results over a mass range of 50-3,200 m/z, the broadest mass coverage for a small footprint mass spectrometer. Driven by design, the Microsaic MiD® ProteinID is transformational for process analytics, as its abilities as a point-of-need technology are derived from simplicity, and low maintenance which allows for minimal down-time and greater confidence in results.

 

Biologic drugs represented eight out of ten top selling drugs in 2016, with expected revenues in 2019 of c$445Bn. Revenues are c$15Bn from the top eight suppliers of manufacturing equipment into this industry.

Biologic manufacture demands real-time analysis throughout the entire process. The Microsaic MiD® ProteinID provides real time analysis from the raw in-coming goods, to upstream 'in-cell' drug production, and subsequent downstream product purification.

The Microsaic MiD® ProteinID was ranked among the top innovative products of the year by The Analytical Scientist Innovation Awards in December 2018.

 

Glenn Tracey, CEO of Microsaic, commented, "Bringing the power of the centralised laboratory to in-situ bioprocessing line measurements, the Microsaic MiD® ProteinID reduces key bioprocessing analyses from days to minutes. This means that operators can monitor feedstocks, metabolites and target proteins in just one measurement, thus accelerating time-to-market for new biologics development. Mass spectrometry can now offer superlative performance to high value manufacturing industries at the point-of-need, providing much greater insights over ubiquitous optical sensors."

 

 

Enquiries:
Microsaic Systems plc Glenn Tracey, CEO Bevan Metcalf, FD	+44 (0) 1483 751 577
N+1 Singer (Nominated Adviser & Broker) Shaun Dobson / George Tzimas (Corporate Finance) Tom Salvesen (Corporate Broking)	+44 (0)20 7496 3000
IFC Advisory Ltd (Financial PR) Graham Herring Heather Armstrong Florence Chandler	+44 (0)20 3934 6630

 

 

About Microsaic Systems

Microsaic Systems plc (AIM: MSYS) is a high technology company developing chip-based, bench-top and point-of-analysis mass spectrometry ("MS") instruments that are designed to improve the efficiency of pharmaceutical R&D and manufacturing.  The Company works with established global life science companies to co-develop new solutions to improve productivity in the development of small molecule and novel biologic (peptides, antibodies) medicines.  MS is a powerful method of analysis to enable earlier decision making relating to product identification, purity and bioactivity, and is the analytical technique of choice for biochemists across many industry sectors.

 

The Microsaic's compact MiD® MS systems retain the functionality of larger conventional MS systems, while being easier to use by non-specialists, and consume less energy and have lower running costs. For more information, please go to www.microsaic.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 [email protected] or visit www.rns.com.

 

END

 

 

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RNS Number : 5564M

Proton Power Systems PLC

09 January 2019

 

 

 

 

 

9 January 2019

 

Proton Power Systems plc

 

("Proton" or the "Company")

 

Joint Venture Agreement

 

Proton Power Systems plc (AIM: PPS), the designer, developer and producer of fuel cells and fuel cell electric hybrid systems, is pleased to announce that it has signed a joint venture agreement to establish Clean Logistics GmbH ("Clean Logistics"), a company registered in Hamburg, Germany, which has the objective of building heavy duty trucks purely run on fuel cell hybrid systems, using hydrogen fuel cells in the range of 75 – 150KW (the "Joint Venture").

 

Proton owns 33.33% of the share capital of Clean Logistics, together with its joint venture partners Höpen GmbH (33.33%), a private holding with participations into the battery company INVENOX GmbH and electric vehicle development company E-Cap Mobility GmbH (a company which specialises in the conversion of combustion vehicles into electric vehicles), and Hary AG (33.33%), a modular transport service provider.

 

The Joint Venture will focus on the development, design, construction and sale of heavy duty trucks driven by emission free fuel cell hybrid systems. For that purpose, the Joint Venture applied for financial aid from the federal programmes of alternative fuels and clean transportation to take the Joint Venture through its prototype development stage during 2019 and is seeking additional funding to be used to support orders of up to 1,000 vehicles by the end of 2021.

 

Proton is providing its new Generation 4 fuel cell for inclusion in the trucks but does not have any material financial commitments to the Joint Venture.

 

Helmut Gierse, chairman of Proton, commented: "We are pleased with this venture.  In 2016 alone, in excess of 300,000 trucks in the 'over 5 tonnes' weight category were produced in the European Union, which were nearly all powered by diesel fuel. If even a small proportion of this market was converted to electric / fuel cell over the coming years, Clean Logistics will be able to benefit from it, and Proton's current production facility could be fully utilised."

 

For further information:

Proton Power Systems plc
Dr Faiz Nahab, CEO
Helmut Gierse, Chairman Sebastian Goldner, COO Roman Kotlarzewski, CFO Manfred Limbrunner, Director Sales and Marketing	Tel: +49 (0) 173 189 0923
	www.protonpowersystems.com
Stockdale Securities Limited Nominated adviser and broker	Tel: +44 (0) 20 7601 6100
Antonio Bossi / David Coaten	www.stockdalesecurities.com

 

About Proton Motor Fuel Cell GmbH

Proton Motor is an expert in Power Solutions using CleanTech technologies like industrial fuel cells, fuel cell and hybrid systems with more than 20 years of experience in this sector.  Based in Puchheim near Munich, Proton Motor offers complete fuel cell and hybrid systems from a single source – from the development and production through the implementation of customized solutions.  The focus of Proton Motor is on back-to-base, for example, for mobile, marine and stationary solutions applications.  The product portfolio consists of base-fuel cell systems, standard complete systems, as well as customized systems.

 

Proton Motor serves IT, Telecoms, public infrastructure and healthcare customers in Germany, Europe and Middle East with power supply solutions for DC and AC power demand. In addition to power supply, SPower also offers solutions for Solar Systems as well as a new product line for Solar Energy Storage.

 

Proton Motor Fuel Cells GmbH is wholly owned subsidiary of Proton Power Systems plc. The Company has been listed on the London Stock Exchange since October 2006 (code: PPS).

 

About Höpen GmbH

Höpen GmbH is a holding company participating in a group of companies which specialises, inter alia, in the custom conversion of all types of combustion vehicles into electric vehicles, in lithium based batteries and energy saving devices for shipping.

About Hary AG

Hary AG has developed into a modular transport service provider and is focusing on becoming one of   the leading providers of specialised transport services with own vehicle fleet in Germany.

 

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 [email protected] or visit www.rns.com.

 

END

 

 

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RNS Number : 5286M

Mears Group PLC

08 January 2019

 

8 January 2019

Mears Group PLC

("Mears" or "the Company" or "the Group")

Contract award – Home Office awards £1bn revenue contracts to the Group

Mears (LSE: MER), the provider of support services to the Social Housing and Care sectors in the UK, announces that the Home Office has awarded the Group three new contracts to provide accommodation and support for asylum seekers. The new contracts, the Asylum Accommodation and Support Services Contracts (AASC), replace the existing ones and are on substantially different terms. Mears has been awarded three regions: Scotland, Northern Ireland and the North East, Yorkshire and the Humber. The Group has existing operations in these areas. The contracts are estimated to deliver revenues in excess of £1.0 billion over their 10 year term.  

The contracts are part of the way in which the UK Government meets its duty to provide asylum. To deliver the contracts, the Group will draw on its extensive track record of providing housing, housing maintenance and care services all across the UK, with a strong footprint in the regions concerned.  The work includes considerable liaison with the relevant local authorities, in which the Group is highly experienced. The contracts also build on the Group's work in housing with the UK Ministry of Defence.

Mears is committed to ensuring that asylum accommodation is safe, habitable and fit for purpose.  All accommodation will meet the contractual and regulatory quality standards.   Moreover, Mears understands the importance of supporting each person whilst living in its accommodation and to ensure that as a company it works with the communities in which it delivers services.

During the mobilisation period, up to 1 April 2019, Mears will work with the Home Office and service users to make sure that accommodation to be used meets the required quality standards.  Mears will establish operational teams in each of the areas, combining some of the existing workforce with Mears' staff, so that it is in a position to provide the best possible performance, within the terms of the contract.  This will include identifying support needs, managing community cohesion issues, and developing strong partnerships with local authorities and in communities, as well as delivering suitable accommodation. 

 

 

Commenting, David Miles, Chief Executive, Mears, said:

 

"Mears provides housing and care to many thousands of people all across the UK. This experience, combined with our expertise in housing repairs and maintenance, means we are a strong partner for the Government to deliver asylum accommodation and support that is safe, habitable and fit for purpose.  We are delighted to have secured these contracts having already allocated significant time and resources to this. We will immediately start work on the mobilisation so that we are ready to meet the needs of asylum seekers and their host communities."

 

For further information, contact:

Mears Group PLC

David Miles, Chief Executive Officer		Tel: +44(0)7778 220 185
Andrew Smith, Finance Director		Tel: +44(0)7712 866 461
Alan Long, Executive Director		Tel: +44(0)7979 966 453
www.mearsgroup.co.uk

 

Buchanan

 

Mark Court/Sophie Wills/Catriona Flint                       Tel: +44(0)20 7466 5000

[email protected]

 

 

About Mears

 

Mears employs over 10,000 people and provides services in every region of the UK. In partnership with our Housing clients, we maintain, repair and upgrade the homes of hundreds of thousands of people in communities from remote rural villages to large inner city estates. Mears has extended its activities to provide broader housing solutions to solve the challenge posed by the lack of affordable housing. Our Care teams provide support to over 15,000 people a year, enabling the elderly and those living with disabilities to continue living in their own homes.

We focus on long-term outcomes for people rather than short-term solutions, and invest in innovations that make a positive impact on people's quality of life and on their communities' social, economic and environmental wellbeing.

 

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 [email protected] or visit www.rns.com.

 

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RNS Number : 4345M

Osirium Technologies PLC

08 January 2019

 

 

 

8 January 2019

 

 

Osirium Technologies plc

 

("Osirium" or "Group")

 

Contract win with major Business Energy player

 

Osirium Technologies plc (AIM: OSI.L), a leading vendor of cloud-based cybersecurity software, is pleased to announce a contract win with the UK arm of a Fortune 500 multinational integrated oil and gas company.   The contract will run over 3 years covering software and professional services.

The Group has appointed Osirium to deliver its full PxM platform offering Privileged Account Management, Privileged Task Management and Privileged Session Management modules and associated consultancy services, initially supporting 400 devices.  

 

Two operational issues are driving the initial stages of this project.  The first is the clear ability to demonstrate GDPR and Sarbanes Oxley compliance.  The second is the need to automate privileged access into the network infrastructure, allowing a more secure approach to managing common privileged tasks on switches and firewalls.

 

David Guyatt, Chief Executive Officer, commented: "Osirium is delighted to add another prestigious customer to our growing base of clients.  This win demonstrates two key aspects of our strategy. Firstly, it underlines how customers are seeing Privileged Access Management as the way forward for managing GDPR and Sarbanes Oxley compliance.  Secondly it validates our business model of effectively engaging customers with an outstanding quality of service and the rigorous Osirium Proof of Concept programme."

– Ends –

 

For further information:

Osirium Technologies plc	Tel: +44 (0) 118 324 2444
David Guyatt, Chief Executive Officer Rupert Hutton, Chief Financial Officer www.osirium.com
Stifel Nicolaus Europe Limited (Nominated Adviser and Broker)	Tel: +44 (0) 20 7710 7600
Fred Walsh / Neil Shah / Alex Price
Yellow Jersey PR (Financial PR) Sarah Hollins Henry Wilkinson	Tel: +44 (0)7764 947 137 Tel: +44 (0)7951 402 336

 

 

Notes to Editors:

 

About Osirium

Osirium Technologies plc (AIM: OSI.L) operates in one of the fastest growing parts of the cybersecurity market and is a leading vendor of Privileged Access Management ("PAM") software. Osirium's cloud-based products protect critical IT assets, infrastructure and devices by preventing targeted cyber-attacks from directly accessing Privileged Accounts, removing unnecessary access and powers of Privileged Account users, deterring legitimate Privileged Account users from abusing their roles and containing the effects of a breach if one does happen.

 

Osirium has defined and delivered what the Directors view as the next generation PAM solution.  The team has developed the concept of a Virtual Air Gap to separate users from passwords.  Built on Robotic Automation technology, Osirium's Privileged Task Management module further strengthens Privileged Account security by minimising the cyber-attack surface and delivering an impressive return on investment benefits for customers.

 

Founded in 2008 and with its headquarters in Reading, UK, the Group was admitted to AIM in April 2016.  For further information please visit www.osirium.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 [email protected] or visit www.rns.com.

 

END

 

 

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RNS Number : 1741M

Nanoco Group PLC

04 January 2019

 

04 January 2019

NANOCO GROUP PLC

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

Nanoco and Plessey partner to shrink full-colour microLED pixels by 87% using quantum dots

Process enables production of smaller, higher-resolution and more energy efficient microLED displays
 

MANCHESTER, UK & CONCORD, Mass. USA, January 3, 2019: Plessey Semiconductors and Nanoco Technologies today announced a partnership to shrink the pixel size of monolithic microLED displays using Nanoco's cadmium free quantum dot (CFQD® quantum dots) semiconductor nanoparticle technology. Using its existing monolithic process, Plessey will integrate the Nanoco CFQD® quantum dots into selected regions of blue LED wafers to add red and green light. This shrinks the smallest practical pixel size from today's 30µm to just 4µm, a reduction of 87%. The process will enable the production of smaller, higher-resolution, microLED displays in applications such as AR/VR devices, watches, and mobile devices, while enhancing both colour rendition and energy efficiency.

For pixels of 30µm or greater, colour conversion is currently performed by adding phosphors to the blue die. However, since the smallest phosphor particle is around 30µm, the efficiency of colour conversion deteriorates as the pixel size shrinks. Nanoco's CFQD® quantum dot technology overcomes this limitation while facilitating efficient, compact device packaging.

"Quantum dots offer the best solution for today's emerging display requirements. The nano-sized emitters with narrow band emission make them a suitable solution for Plessey's microLED display roadmap, which will see pixels being driven down to 4µm in size by 2019," said Mike Lee, President of Corporate and Business Development at Plessey.

Dr. Brian Gally, Nanoco's Head of Product commented: "We are thrilled to be working in close collaboration with Plessey, who lead the global field in the development and production of microLED arrays.  The combination of Plessey's blue microLEDs with Nanoco's red and green cadmium free quantum dots gives display customers the performance they require to rapidly commercialise products."

Compared with all other display technologies, microLEDs are brighter, smaller, lighter, more energy-efficient and have a longer operating life. Where they replace OLEDs, for example in AR/VR goggles or head-up displays, Plessey microLEDs offer ten times the resolution, 100 times the contrast ratio, and up to 1,000 times the luminance. They do so at half the power consumption, doubling battery life in portable devices. They also feature perfect blacks, realistic colour, and immunity to burn-in or decay over time.

 

Plessey was recently named as a 'CES 2019 Innovation Awards Honoree.' The company will be showcasing its microLED technology at the event in the Las Vegas Convention Center, South Hall 1, stand 22048.

 

Visitors can schedule a demo or meeting at CES, held in Las Vegas between the 8th and 11th of January, email [email protected]

 

About Plessey

Plessey is a UK-based leading developer of advanced optoelectronic technologies. The company provides volume processing of its unique and proprietary GaN-on-silicon platform for a wide range of optoelectronic devices and systems.

With headquarters located in Plymouth, England, Plessey operates leading-edge 150mm and 200mm wafer processing facilities to undertake design, test and assembly of products, and a comprehensive suite of photonic characterization and applications laboratories.

Plessey is an award-winning provider of innovative illuminators for display engines (DMD and LCOS) and full-field emissive microLED displays that combine very high-density RGB pixel arrays with high-performance CMOS backplanes to produce very high-brightness, low-power and high-frame-rate image sources for head-mounted displays (HMDs), and augmented reality (AR) and virtual reality (VR) systems.

For further information and datasheets, please visit www.plesseysemiconductors.com or
email [email protected]. You can also follow Plessey on Twitter, Facebook and LinkedIn.

 

About Nanoco Group plc

Nanoco harnesses the power of advanced nano-materials by producing innovative quantum dots to create a brighter, more sustainable future. Based on breakthrough science, Nanoco's CFQD® quantum dots are free of cadmium and can be tuned to absorb and emit light at different wavelengths across the visible and infrared spectrum, rendering them useful for a wide range of commercial applications including displays, lighting, sensors and biological imaging.

Nanoco has licensed its technology to The Dow Chemical Company, Merck KGaA of Germany and Wah Hong Industrial Corporation of Taiwan for use in display applications.

Nanoco was founded in 2001 and is headquartered in Manchester, UK, with a US subsidiary, Nanoco Inc., in Concord, MA. Nanoco continues to build out a world-class, patent-protected IP portfolio generated by its innovation engine.

Nanoco is listed on the Main Market of the London Stock Exchange and trades under the ticker symbol NANO. To learn more, visit: www.nanocogroup.com.

 

Contact for editorial information

Nayl D'Souza, Account Director, Publitek

Tel: +44 (0)20 3813 6423

Email: [email protected] 

 

Contact for Nanoco company information

Colleen Irish

Tel: +1 617-842-1511

Email: [email protected] 

 

Contact for Plessey company information

Sam Langridge, Marketing Manager

Email: [email protected]

 

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 [email protected] or visit www.rns.com.

 

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