Appointment of Key Business Development Executives

RNS Number : 1986X

Nanoco Group PLC

06 February 2013

 



For immediate release

6 February 2013

 

RNS REACH

NANOCO GROUP PLC

("Nanoco" or the "Company")

Appointment of Key Business Development Executives

Nanoco Group plc (AIM: NANO), a world leader in the development and manufacture of cadmium-free quantum dots and other nanomaterials, announces the appointment of two highly experienced business development executives in the USA and South Korea to support the roll-out of Nanoco's quantum dot technology in the display industry.

Margaret "Peggy" Hines PhD, a quantum dot specialist with an impressive track record in research, development and commercialisation, has been appointed Global Technical Business Development Director. During her academic research, Dr Hines played a key role in the development of core/shell quantum dots. She has also gained considerable commercial experience at nanotechnology companies including Solexant Corporation and Evident Technologies, Inc.

Dr Hines will be based in the USA and will support The Dow Chemical Company's roll out of Nanoco's cadmium-free quantum dots to the global display industry as well as providing technical assistance to Nanoco's customer base. Dow signed an exclusive, global licensing deal with Nanoco in January 2013 for the manufacture, marketing and sale of Nanoco's cadmium-free quantum dots into the display industry.

Jin-Ho Park PhD, an advanced materials specialist with years of experience in R&D and product development at Samsung Electronics, has been appointed Vice President Business Development, Korea. Dr Park, a South Korean national, gained his PhD at Imperial College, London, and carried out post-doctoral research at the University of Manchester. Prior to joining Nanoco, he was a principal engineer at Samsung, working in the company's semiconductor R&D centre in South Korea.

Dr Park, who will be based in South Korea, will work closely with Nanoco's key Korean customers and potential customers.

Michael Edelman, Nanoco's CEO, commented: "I'm delighted to welcome Peggy and Jin-Ho to Nanoco. They both have excellent commercial and research experience and I look forward to their contribution to the successful roll-out of Nanoco's cadmium-free quantum dot technology."

For further information:

Nanoco	+ 44 (0) 161 603 7900
Michael Edelman, Chief Executive Officer
Colin White, Chief Financial Officer
Bank of America Merrill Lynch - Joint Broker	+ 44 (0) 20 7996 2490
Matthew Blawat
Canaccord Genuity - Nomad and Joint Broker	[phone]
Simon Bridges
Cameron Duncan
Buchanan	+ 44 (0) 20 7466 5000
Mark Court / Fiona Henson / Sophie Cowles

Notes for editors:

About Nanoco Group plc

Nanoco is a world leader in the development and manufacture of commercial quantities of quantum dots for use in multiple applications including lighting, solar cells and biological imaging. Nanoco's quantum dots, which are free of heavy metals and comply with RoHS legislation, can be combined into a wide range of materials including liquids, polymers and glass. Nanoco forms strategic partnerships with major end users across a range of applications.

Nanoco was founded in 2001 and is based in Manchester, UK. Nanoco began trading on the AIM market of the London Stock Exchange in May 2009 under the ticker symbol NANO.

For further information, please visit www.nanocogroupplc.com.

 

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