Haydale Graphene Industries PLC License agreement for anti-counterfeiting product
19 November 2018 - 8:00AM
RNS Non-Regulatory
TIDMHAYD
Haydale Graphene Industries PLC
19 November 2018
19 November 2018
Haydale Graphene Industries plc
('Haydale' or the 'Group')
License agreement for anti-counterfeiting product
Haydale (AIM: HAYD), the global advanced materials group, is
pleased to announce the signing of an exclusive license agreement
("the Agreement") between Haydale Technologies (Thailand) Co., Ltd.
("HTT") and TKS Siampress Management Co., Ltd ("TKS"). The
Agreement is for TKS over an initial 3 years and 3 months to access
and use the patented anti-counterfeiting technology ("PATit") in
commercial applications on an exclusive basis in Thailand and one
other territory to be decided by the parties.
The Agreement requires TKS to pay an upfront license fee for
grant of the license, payable in three tranches within 120 days of
the Agreement. Additionally, the Agreement includes payment of a
research service fee due in two payments within 45 days of signing
the Agreement for provision of a speciality capacitance ink as part
of the anti-counterfeiting technology.
The special bespoke ink that HTT will develop for TKS and
deliver on an exclusive basis in applications will be commercially
based on prices yet to be agreed.
David Banks Executive Chairman at Haydale, commented: "This is
another successful project from our Thailand facility, HTT that is
taking a significant step towards commercialisation entering this
License Agreement with one or the leading Security printers in
Thailand. We look forward to further developments in 2019."
Ray Gibbs, President, Business Development at Haydale,
commented: "The printing facilities and commercial position of TKS
is first class. They are a quality outfit and the license is
absolute demonstration that TKS see our patented product as leading
the field with significant unique selling points. TKS is the first
of many licenses we are looking at across the anti-counterfeiting
market which is a $200bn long term opportunity that is looking for
a unique solution which Haydale has produced."
Somkid Vekinwattanasate, Managing Director at TKS, added: "We
are really excited to work with Haydale and use their speciality
graphene based anti-counterfeiting technology that leads the field.
We see a strong commercial arrangement as key to sales success
specifically in Thailand. together with a highly consistent
product. We have worked with Haydale inks for some time and their
consistency and high performance Graphene Inks was one of the
deciding factors to sign this license."
- 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
TKS is a publicly listed company and was initially formed in
1954 and is now one of largest security printing house based in
Thailand providing a fully integrated printing service. They also
have 2 other subsidiary companies with one being a computer
peripherals distributor (Top tier in Thailand market) and card
technology with SI. TKS supplies printing in all print media either
on paper form or packaging form. Their major business is for
Government, Banking, Telco, Retail and Food & Beverage. Their
current customers cover Thailand, Indo-China Country and Australia.
They have looked for new trend technology especially printed
electronic technology to migrate for their printing industry. TKS
Group has over 700 employees and annualised sales of over GBP30m.
http://www.tks.co.th/
About PATit:
PATit is a unique patented technology that uses graphene inks to
print a specific pattern for a customer, that produces a
capacitance reading. This data is uploaded to a secure server that
is downloaded by a paying customer into a smart reader. The product
is printed with the special capacitance print and upon touching the
smart reader it compares the results. If the reading matches then
the smart reader confirms authenticity.
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END
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