Haydale Graphene Industries PLC Joint Development Agreement with Star RFID
13 November 2018 - 8:01AM
RNS Non-Regulatory
TIDMHAYD
Haydale Graphene Industries PLC
13 November 2018
For immediate release 13 November 2018
Haydale Graphene Industries plc
('Haydale' or the 'Group')
Joint Development Agreement with Star RFID
Haydale (AIM: HAYD), the global advanced materials group, is
pleased to announce the signing of a Joint Development Agreement
("JDA") between Haydale Technologies (Thailand) Co., Limited
("HTT") and Star RFID Co., Ltd ("Star"). The JDA is for the parties
to quickly co-develop both graphene and silver-based inks for the
printed Radio Frequency Identification market ("RFID"). The
co-development is expected to lead to a supply and collaboration
agreement in the coming months.
The parties have already commenced development of a dedicated
silver ink for Star and have a small paid-for project to carry out
this work. Star has first right of refusal for any products arising
from the JDA.
David Banks Executive Chairman at Haydale, commented: "Since
HTT, our Thai facility, officially opened in March 2017, we have
secured a number of paid-for projects that have developed into
longer term and closer working relationships with some of
Thailand's high profile companies. Star RFID is no exception and we
look forward to further developments in 2019."
Apiwat Thongprasert, Managing Director at Star, added: "We are
really excited to work with Haydale and use their speciality
graphene and silver inks. We see a strong commercial arrangement as
key to sales success together with a highly consistent product.
Something we already know that Haydale can provide."
- Ends -
For further information:
Haydale Graphene Industries plc
David Banks, Interim Executive Chairman Tel: +44 (0) 1269 842 946
Gemma Smith, Head of Marketing www.haydale.com
Arden Partners plc (Nominated Adviser
& Broker)
Ruari McGirr / Paul Shackleton / Tel: +44 (0) 20 7614 5900
Ben Cryer
Notes to Editors
Haydale is a global technologies and materials group that
facilitates the integration of graphene and other nanomaterials
into the next generation of commercial technologies and industrial
materials. With expertise in graphene, silicon carbide and other
nanomaterials, Haydale is able to deliver improvements in
electrical, thermal and mechanical properties, as well as
toughness. Haydale has granted patents for its technologies in
Europe, USA, Australia, Japan and China and operates from six sites
in the UK, USA and the Far East.
For more information please visit: www.haydale.com
Twitter: @haydalegraphene
Star RFID is a member company of the Charoen Aksorn Holding
Group and was established to meet the ever-growing demand for RFID
products and services globally. Their purpose-built factory which
employs a high level of security and the latest in modern
technology for producing RFID smart labels and tags, tickets and
soft cards. Star RFID is dedicated to producing high quality
products, on-time delivery and exceptional customer support.
Star RFID strive for continuous improvement in their process,
products and services.
Being ISO 9001 certified is the first step in our mile-stones in
achieving outstanding quality.
http://www.star-rfid.com/aboutus
About RFID
RFID uses electromagnetic fields to automatically identify and
track tags attached to objects. The tags contain electronically
stored information. Passive tags collect energy from a nearby RFID
reader's interrogating radio waves. RFID requirements are for a
consistent electrically conductive ink to perform to high standards
of accuracy and repeatability.
Research specialists IDTechEx estimated that in 2018, the total
RFID market will be worth $11.0 Billion, rising to $13.4 Billion in
2022. This $11bn market includes tags, readers and
software/services for RFID labels, cards, fobs and all other form
factors, for both passive and active RFID.
https://www.idtechex.com/research/reports/rfid-forecasts-players-and-opportunities-2018-2028-000642.asp
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END
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