Appointment of South Korea Representative

RNS Number : 9119C

Versarien PLC

04 October 2018

 

4 October 2018

Versarien plc

Appointment of South Korea Representative

Versarien plc (AIM:VRS) ("Versarien" or the "Company"), the advanced materials group, is pleased to announce the appointment of Rachel Yeong-Mee Kim as the Company's local representative in South Korea.

Based in Seoul, South Korea, Ms Yeong-Mee Kim has a background in research, journalism and with governmental and international organisations, including the Korea Advanced Institute of Science and Technology and the United Nations.  Her role will be to identify and help progress additional opportunities for Versarien's graphene businesses in South Korea.

Neill Ricketts, CEO of Versarien, commented: "We are delighted that Rachel has joined the Versarien team.  South Korea is an important potential market for Versarien.  We announced our collaboration with Korean-based AXIA Materials in August and having a local presence will be very valuable as we seek to enter into relationships with other Korean companies."

Enquiries:

Versarien Neill Ricketts, CEO Chris Leigh, CFO	01242 269 122
Arden Partners (Nominated Adviser and Broker) John Llewellyn-Lloyd Dan Gee-Summons	020 7614 5900
IFC Advisory (Financial PR and IR) Tim Metcalfe Graham Herring Heather Armstrong	020 3934 6630

About Versarien

Versarien plc (AIM:VRS), is an advanced engineering materials group. Leveraging proprietary technology, the Group creates innovative engineering solutions for its clients in a diverse range of industries. Versarien has six subsidiaries operating under two divisions:

Graphene and Plastics

2-DTech Ltd, which specialises in the supply, characterisation and early stage development of graphene products. www.2-dtech.com  

AAC Cyroma Limited, which specialises in the supply of vacuum-formed and injection-moulded products to the automotive, construction, utilities and retail industry sectors. Using Versarien's existing graphene manufacturing capabilities, AAC will have the ability to produce graphene-enhanced plastic products.  www.aaccyroma.co.uk  

Cambridge Graphene Limited, supplies novel inks based on graphene and related materials, using patented processes to develop graphene materials technology.

  www.cambridgegraphene.com

Gnanomat S.L. ("GNA"), based in the Parque Cientifico Madrid, Spain, is a company capable of utilising Versarien's graphene products in an environmentally friendly, scalable production process for energy storage devices that offer high power density, almost instant recharging and very long lifetimes for use in electrical vehicles and portable electronics products. www.gnanomat.com 

Hard Wear and Metallic Products

Versarien Technologies Limited has developed an additive process for creating advanced micro-porous metals targeting the thermal management industry and supplies extruded aluminium. www.versarien-technologies.co.uk 

Total Carbide Limited, a leading manufacturer in sintered tungsten carbide for applications in arduous environments such as the oil and gas industry. www.totalcarbide.com 

 

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