Atmel Corporation Announcement

RNS Number : 4781O

Carclo plc

07 August 2014

 

7 August 2014

Carclo plc

("Carclo" or "the group")

Atmel Corporation Announcement

The board notes the positive comments in respect of XSense™ made by Atmel Corporation ("Atmel") executives during the Analysts Earnings call that accompanied Atmel's Q2 results on 6 August 2014.  Extracts from the transcript of the Earnings Call are reported below:

"Our XSense revenue grew significantly on both a sequential and year-over-year basis.  XSense technology was selected by EDN China as a "Top 10 Most Influential Technologies for the Future" at an award ceremony at the end of June in Shanghai. The prestigious EDN China Innovation Awards are handed out annually.  Customer interest for our XSense products remains high and we continue to win new designs."

Sales of coated film by our Conductive Inkjet Technology division are tracking expectations in the current financial year.

Carclo will be issuing its Interim Management Statement during the week commencing 11 August 2014.

- ENDS -

Enquiries:
Carclo plc	01924 268040
Chris Malley, Chief Executive
Robert Brooksbank, Finance Director
Weber Shandwick Financial	020 7067 0000
Nick Oborne / Stephanie Badjonat

Notes to editors

Carclo plc is a technology group. It is a public company whose shares are quoted on the London Stock Exchange.

Carclo's strategy has been to develop new technologies and products to drive future growth. Its investment in CIT has led to the introduction of a new material for use in Capacitive Touch Screens.  Further investment has been made in Carclo Diagnostic Solutions, where a novel Point-of-Care hardware platform has been developed.

Approximately three fifths of revenues are currently derived from the supply of fine tolerance, injection moulded plastic components, which are used in medical, optical and electronics products. This business, Carclo Technical Plastics, operates internationally in a fast growing and dynamic market underpinned by rapid technological development.

Approximately two fifths of revenues are derived from the supply of specialised precision LED based systems to the premium automotive industry, as well as key control systems for the aerospace industry.

 

END

 

 

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