Distribution Agreement

RNS Number : 5967P

Versarien PLC

03 October 2013

 

Press Release

3 October 2013

Versarien plc

("Versarien" or the "Group")

Distribution Agreement with Compare the Game

Versarien plc (AIM: VRS), the advanced engineering materials group, today announces that it has signed a Distribution Agreement with Compare the Game, an online video game aggregator, for the supply of jointly developed water cooled PC's, which utilise Versarien's patent porous metal copper technology, VersarienCu.  These high speed gaming PC's, designed to offer improved reliability coupled with high performance, will be offered for sale through Compare the Game's website.  Versarien's porous copper can be applied in cooling systems across a variety of hardware applications, and when incorporated into liquid cooling systems can improve their efficiency by up to ten times.

Compare the Game, established by Ritchie Williamson, aggregates significant amounts of information about video games and functions as a one-stop hub for gamers who want to compare product details.  Mr Williamson believes there to be significant potential for gaming aggregation services to add value to the gaming market.

Commenting on the distribution agreement with Versarien, Ritchie Williamson, Founder of Compare the Game, said: "I am honoured to be working with Neill Ricketts and his team at Versarien.  The water cooled PC is an exciting high speed gaming machine which is a pioneer in the market today, and we believe that gamers will love it."

Neill Ricketts, Chief Executive Officer of Versarien plc, added: "This agreement with Compare the Game marks a fantastic opportunity for Versarien; following months of testing and collaboration to bring this very exciting product to market.  Versarien is committed in its mission to utilise VersarienCu to enable greater efficiency amongst cooling systems across a variety of hardware that is found in high performance workstations."

Images of the Versarien water-cooled PC can be viewed at www.versarien.com.

- Ends -

For further information:

Versarien Limited
Neill Ricketts, Chief Executive Officer	Tel: [phone]
	www.versarien.com

Northland Capital Partners Limited (Nomad and Joint Broker)
William Vandyk / Lauren Kettle	Tel: [phone]
	www.northlandcp.co.uk
Westhouse Securities Limited (Joint Broker)
Tom Griffiths / Rob Sanders	Tel: [phone]
	www.westhousesecurities.com

Media enquiries:

Abchurch Communications Limited
Henry Harrison-Topham / Jamie Hooper / Alistair de Kare Silver	Tel: [phone]
[e-mail]	www.abchurch-group.com

Notes to Editors

About Versarien

Versarien develops advanced micro-porous metals for thermal management. The open celled metallic foams produced by the Group at its manufacturing factory in Cinderford, Gloucestershire, are 'biomimetic' - that is they mimic the sponge like structures of biological materials, e.g. bone and coral.

Versarien's porous metals have an exceptionally high surface area relative to volume which means they are ideally suited to any function where surface area is important, for example heat transfer, heat exchange, catalysis and energy storage.  Versarien is initially targeting the thermal management industry due to the material's superb heat transfer properties.  The thermal management market is expected to reach US$S11.1 billion during 2013 (Source: BCC Research).

The Group's lead product is VersarienCu, a micro-porous copper. When incorporated into liquid cooling systems, VersarienCu can improve efficiency by up to ten times. Versarien's key market is cooling systems for central processing units (CPUs), hardware that is found in high performance workstations (engineering, science, CGI, animation), computer clusters, supercomputing infrastructure and data centres. VersarienCu can be retrofitted into 'cold plates' within existing infrastructure and the Group also intends to produce complete cooling systems containing VersarienCu.

About Compare the Game

Compare the Game is a brand new video game aggregator, helping gamers find the best games on the market saving them time and money. The website provides the latest news, videos, prices & the most helpful reviews from all the top gaming sites.
www.comparethegame.com

 

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