REG - Nanoco Group PLC - LG Electronics <Origin Href="QuoteRef">NANON.L</Origin>
RNS Number : 9637ZNanoco Group PLC16 December 2014For Immediate Release 16 December 2014
NANOCO GROUP PLC
("Nanoco" or the "Company")
LG Electronics
Nanoco Group plc (AIM: NANO), a world leader in the development and manufacture of cadmium-free quantum dots and other nanomaterials, today confirms that LG Electronics ("LG") will be using Nanoco's quantum dot technology in its 4K ULTRA HD TV lineup in 2015.
LG will unveil a new 4K ULTRA HD TV with quantum dot technology as a new component of its expanded television line up at the 2015 International CES in Las Vegas that will be held between 6-9 January 2015.
Nanoco's global licensing partner, The Dow Chemical Company has responsibility for manufacturing, marketing and selling quantum dots based on Nanoco's cadmium free quantum dot technology to the display industry.
For further information, please contact:
Nanoco
Tel: +44 (0) 161 603 7900
Michael Edelman, Chief Executive Officer
Mark Sullivan, Interim Chief Financial Officer
Canaccord Genuity - Nomad and Joint Broker
Tel: +44 (0) 20 7523 8000
Simon Bridges
Cameron Duncan
Liberum - Joint Broker
Tel: +44 (0) 20 3100 2000
Simon Atkinson
Richard Bootle
Buchanan
Tel: +44 (0) 20 7466 5000
Mark Court / Sophie Cowles / Stephanie Watson
Notes for editors:
About Nanoco Group plc
Nanoco is a world leader in the development and production of cadmium-free quantum dots and other nano-materials for use in multiple applications including LCD displays, lighting, solar cells and bio-imaging. In the display market, it has an exclusive manufacturing and marketing licensing agreement with The Dow Chemical Company.
Nanoco was founded in 2001 and is headquartered in Manchester, UK. It has production facilities in Runcorn, UK, and a US subsidiary, Nanoco Inc, based in Concord, MA. Nanoco also has business development offices in Japan, Korea and Taiwan. Its technology is protected worldwide by a large and growing patent estate.
Nanoco began trading on the AIM market of the London Stock Exchange in May 2009 under the ticker symbol NANO. For further information please visit: www.nanocogroup.com.
This information is provided by RNSThe company news service from the London Stock ExchangeENDMSCTFBRTMBABBPI
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