Notice of Full Year Results & Capital Markets Day

RNS Number : 7770S

Xeros Technology Group plc

29 September 2014

 



29 September 2014

Xeros Technology Group plc

("Xeros" or the "Group")

NOTICE OF FULL YEAR RESULTS & CAPITAL MARKETS EVENT

Xeros Technology Group plc (AIM: XSG), the innovative developer of a patented polymer bead cleaning system with multiple identified commercial applications, advises that it will be announcing its full year results for the year ended 31 July 2014, on Wednesday, 22 October 2014.

In addition, the Company will be hosting a Capital Markets Event on Monday, 8 December 2014, with presentations from senior management and customers. Further details on the event will be published in due course and those wishing to attend should register their interest with Newgate Communications.

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For further information, please contact:

Xeros Technology Group plc	Via Newgate
Bill Westwater, Chief Executive Officer Chris Hanson, Finance Director
Jefferies International (Nominated Adviser)	Tel: [phone]
Simon Hardy Harry Nicholas
Newgate Communications (Financial PR)	Tel: [phone]
Josh Royston Madeleine Palmstierna Georgia Lewis	[e-mail]

Further information on the Group can be found on the Company's website: www.xeroscleaning.com 

About Xeros

Xeros has developed a patented polymer bead cleaning system with multiple identified potential commercial applications. The Group has targeted the commercial laundry market and has begun the roll-out of 25kg capacity washing machines which exclusively use Xeros' patented polymer bead cleaning system. In trials with customers, this system has been shown to achieve superior cleaning performance as well as material reductions in water, energy and chemical usages compared to conventional commercial laundry methods.

The Xeros proprietary polymer bead cleaning system reduces the carbon footprint of the entire laundry process. In addition to the commercial laundry market, the Group's polymer bead technology has a range of potential applications in other industries including domestic laundry, leather processing, garment finishing and metal cleaning. The Group is currently in various stages of development and preparation for commercialisation of other identified applications, the most advanced of which is domestic laundry.

On 30 April 2014, the Group won Bronze at the prestigious Edison Awards 2014 in San Francisco in the Energy/Sustainability category for its virtually waterless commercial laundry system and, on the same evening, the Group was named University Spin-Out of the Year at the New Energy & Cleantech Awards 2014 in London.

 

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