Nanoco Group PLC

Nanoco Signs Joint Agreement with Asian Company

Published on 14/2/2012

Nanoco Group plc (AIM: NANO), a world leader in the development and manufacture of cadmium-free quantum dots and other nanomaterials, announces that it has signed a commercial joint development agreement (JDA) with a major electronics company in Asia in connection with the use of the Company’s cadmium-free quantum dots (CFQD™) in the electronics company’s display products.

It is anticipated that further agreements with the electronics company will be signed on the successful completion of the initial development work.

Michael Edelman, Nanoco’s Chief Executive Officer, said:

“We’re delighted to have signed this joint development agreement with a major electronics company in Asia. This agreement further extends our involvement in the display market and increases the number of countries in which we have commercial relationships.”