Nanoco Group PLC Lighting Division Update
27 November 2015 - 8:00AM
RNS Non-Regulatory
TIDMNANO
Nanoco Group PLC
27 November 2015
For immediate release 27 November 2015
RNS REACH
NANOCO GROUP PLC
("Nanoco" or the "Company")
Lighting Division Update
Nanoco Group plc (LSE: NANO), a world leader in the development
and manufacture of cadmium-free quantum dots and other
nanomaterials, announces the following update on its Lighting
Division following the successful launch of the world's first
CFQD(R) Quantum Dot lighting products at the LuxLive industry trade
show in London.
Nanoco and its partner Marl International, a UK-based pioneer in
LED lighting, launched four product groups at LuxLive including
light-emitting ceiling tiles, strip lights, down lighters, and grow
lights. All of the product groups use Nanoco CFQD(R) Quantum Dot
film, with the thickness of the film and the size of the quantum
dots fine-tuned for specific end uses where colour quality is the
primary requirement.
In the run up to last week's LuxLive trade show, Nanoco was
highlighted in the Lux Global Hotlist 2015 of the ten most exciting
lighting firms worldwide. The Global Hotlist panel's citation
described Nanoco as a producer of "cadmium-free quantum dots which
promise near perfect colour rendering from LEDs". In addition, the
Orion strip light developed with Marl was listed among the "10
product innovations to look out for" at the LuxLive show.
These accolades contributed to a high level of interest in
Nanoco and Marl's stand at the show, along with a number of
potential new business opportunities.
The lighting products for ambient and specialty lighting
displayed at the show included light-emitting ceiling tiles that
create diffuse, artificial daylight with a colour temperature of
6500k and low power consumption. These tiles have outstanding
colour performance and are ideally suited to high end retail,
healthcare and commercial applications.
The CFQD(R) Quantum Dot strip lights shown at LuxLive are
particularly suited to architectural lighting applications and the
down lights offer high end retailers the opportunity to showcase
their merchandise under perfect lighting conditions.
Two versions of Nanoco and Marl's grow lights for horticultural
applications were also showcased at LuxLive. These grow lights
benefit from cadmium-free quantum dots tuned to the wavelengths of
light needed for plant growth, hence saving energy and creating
optimum lighting conditions. Nanoco is continuing to develop this
grow light technology, for example by creating quantum dot films
for specific types of plants.
Michael Edelman, Nanoco's CEO, commented: "We were delighted by
the level of interest at LuxLive in the use of our cadmium-free
quantum dot technology in lighting applications. We were also
excited by the interest in the range of products that we have
created alongside our partner Marl International.
"LEDs were by far the dominant lighting type at LuxLive,
reflecting the compelling attractions of LEDs in the future of
lighting. Our technology has the ability to add outstanding colour
performance to the other benefits of LEDs, particularly energy
efficiency."
For further information, please contact:
Nanoco Tel: +44 (0) 161 603
7900
Michael Edelman, Chief Executive Officer
David Blain, Chief Financial Officer
Caroline Watson, Investor Relations Tel: + 44 (0) 7799 897357
Manager
cwatson@nanocotechnologies.com
Canaccord Genuity - Joint Broker Tel: +44 (0) 20 7523
8000
Simon Bridges
Cameron Duncan
Mark Whitmore
Liberum - Joint Broker Tel: +44 (0) 20 3100
2000
Neil Patel
Richard Bootle
Steven Tredget
Buchanan Tel: +44 (0) 20 7466
5000
Mark Court / Sophie Cowles / Stephanie
Watson
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, it has an exclusive
manufacturing and marketing licensing agreement with The Dow
Chemical Company.
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.nanocotechnologies.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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