Oxford Catalysts Sign MOU

Oxford Catalysts Group PLC 08 October 2007 8 October 2007 OXFORD CATALYSTS GROUP PLC ('Oxford Catalysts' or 'the Company') Oxford Catalysts Sign MOU with Global Consumer Goods Giant Oxford Catalysts, the leading catalyst innovator for clean fuels, is pleased to announce that it has entered into a memorandum of understanding ('MOU') with a world-leading fast moving consumer goods ('FMCG') multinational to explore the use of Oxford Catalysts' proprietary technology for Instant Steam. The Company's Instant Steam technology enables the generation of steam immediately on demand, using a compact, simple and portable device. The technology incorporates a proprietary catalyst that initiates a chemical reaction in a liquid fuel (consisting of common chemicals), that produces steam instantaneously starting from room temperature. For example, the fuel can be contained in a plastic spray bottle and the catalyst incorporated into the nozzle spray mechanism. When the trigger is squeezed, the fuel passes over the catalyst and steam is produced instantly. By overcoming many of the disadvantages of traditional methods of making steam - boilers and kettles - such chemically generated Trigger Steam could help bring the many benefits of using steam in cleaning and disinfection applications to a much wider population of users. The MOU between the two Companies covers the initial stages of a development programme which spans feasibility and proof-of-concept trials, through to prototype development and product launch. If successful, it could lead to Oxford Catalysts' technology being used by consumers worldwide, with an initial upfront payment to the Company and ongoing royalty income on product sales. Roy Lipski, Chief Executive of Oxford Catalysts said: 'We are very excited about our Trigger Steam technology and the potential represented by the process we've embarked upon with this leading global consumer goods giant. 'The possible uses of our technology are vast. We're confident that we have found a partner that is ideally positioned to help us capitalise on its promise in a number of mass-market applications.' - Ends - For further information, please contact: Dave Wardle, Business Development Director, Oxford Catalysts 01235 841 700 Jonathan Marren/Gordon Suggett, KBC Peel Hunt (Nominated advisers and broker) 0207 418 8900 Jonathon Brill / Billy Clegg, Financial Dynamics 020 7831 3113 Notes for Editors Oxford Catalysts Group PLC, the leading catalyst innovator for clean fuels, designs and develops specialty catalysts for the generation of clean fuels from both conventional fossil fuels and certain renewable sources such as biomass. Its patent-pending technology is the result of almost 20 years of research at the University of Oxford's prestigious Wolfson Catalysis Centre, headed by Professor Malcolm Green, one of the world's most respected inorganic chemists. Oxford Catalysts was founded by Professor Green and Dr Xiao in October 2004 and was admitted to trading on the AIM market of the London Stock Exchange on 26th April 2006, having raised £15m before expenses from a solid base of institutional investors. Oxford Catalysts' strategy is to license its catalysts for commercial application by entering into co-development partnerships with leading manufacturers, producers and suppliers in the petroleum, petrochemicals, fuel cells, biogas, steam applications and catalysis markets. Oxford Catalysts has two key platform technologies. The first is for a novel class of catalysts made from metal carbides which, for certain reactions, can match or exceed the benefits of traditional precious metal catalysts at a lower cost. Applications of these metal-carbide catalysts include the removal of sulphur from crude oil fractions (known as hydro-desulphurisation or HDS), the conversion of natural gas or coal into virtually sulphur-free liquid fuels via the Fischer-Tropsch reaction (known as the GTL and CTL processes respectively), and the transformation of biogas (waste methane) into syngas - the building block of liquid fuels. The second platform relates to chemical reactions involving a liquid containing a renewable fuel, such as methanol, ethanol or glycerol, and dilute hydrogen peroxide. The company's novel catalyst can be used to release hydrogen gas from this liquid, instantaneously starting from room temperature. This groundbreaking Instant Hydrogen technology has the potential to significantly accelerate the commercial adoption of fuel cells in the portable and other mobile markets, by providing the much needed source of cheap, safe, transportable hydrogen. Another of the company's catalysts can be used to produce steam at temperatures between 100 degrees C and 800 degrees C+ instantaneously starting from room temperature, from a liquid fuel containing dilute hydrogen peroxide and either an alcohol, sugar, glycerol, starch or formic acid. Such Instant Steam could have important applications in a broad range of markets, from cleaning and disinfecting, to green energy in the form of motive power or electricity. www.oxfordcatalysts.com This information is provided by RNS The company news service from the London Stock Exchange

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