RCS - Versarien PLC - BiaBrazil to utilise Graphene-Wear Technology

VersarienAnnouncement

26/09/2022 07:00

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RNS Number : 3524A  Versarien PLC  26 September 2022

 

 

Reach - Non-Regulatory

26 September 2022

 

Versarien plc

("Versarien" or the "Company")

BiaBrazil to utilise Versarien's Graphene-Wear(TM) Technology

 

Versarien plc (AIM: VRS), the advanced materials engineering group, is pleased
to announce that BiaBrazil, a leading Brazilian sports and active wear
manufacturer, has announced it has signed a commercial agreement with
Versarien which will see the integration of Versarien's Graphene-Wear™
technology into a new range of women and men's active wear garments.

 

The companies have been working together for the past 16 months, including
undertaking extensive trials with local supply chain partners in Brazil.  The
Graphene-Wear™ formula will enable wearers to experience enhanced thermal
transmittance, increased moisture management and faster  drying rates. The
garments will also have the Graphene-Wear™ trademark applied. It is
anticipated that further announcements will be made on launch dates in due
course with garments expected to be available for sale in Q1 2023 in the UK,
along with existing retailers worldwide.

 

In partnership with University of Gloucestershire, Versarien has subjected
this new technology to extensive wearer trials. Further, the Graphene-Wear™
ink formula has been tested to international standards, resulting in the
publication of a white paper all aimed at giving partners such as BiaBrazil
great confidence in this innovation.

 

"We are hugely excited to be in partnership with BiaBrazil. Through our
partnership we will be able to create garments that have been designed with
comfort, style and design in mind, whilst also maintaining high levels of
quality and performance with our Graphene-Wear(TM) technology." said
Versarien's CEO, Neill Ricketts.

 

"As an innovative sports and activewear brand, we provide clothing ranges that
provide our wearers with garments that not only help them in their sports
performance but also increase their self-confidence. Working with the
Versarien team, we have designed a next-generation clothing range. We are
excited about the next stage of our partnership as we look to production and
delivery of our range to market." stated Beatriz Dockhorn, Founder and CEO
BiaBrazil.

 

For further information please contact:

 

 Versarien Plc
 Neill Ricketts - Chief Executive Officer  +44 (0) 1594 887204
 Chris Leigh - Chief Financial Officer
 SP Angel Corporate Finance (Nominated Adviser and Joint Broker)
 Matthew Johnson Ewan Leggat               +44 (0) 20 3470 0470

 Adam Cowl
 Berenberg (Joint Broker)
 Mark Whitmore Ciaran Walsh                +44 (0) 20 3207 7800
 IFC Advisory Limited (Financial PR and Investor Relations)
 Tim Metcalfe                              +44 (0) 20 3934 6630

 Zach Cohen

 

 

About Versarien Plc

 

The strategy of Versarien Plc (AIM:VRS) is to be a globally recognised
graphene company with a wide portfolio of high-quality verified materials
allied to the largest relevant IP portfolio supported by its own UK based
research and development centre driving recurring revenue growth through its
innovative graphene product applications.

 

For further information please see: https://www.versarien.com

 

About BiaBrazil

 

Founded in 1994, in the city of Porto Alegre, by Beatriz Willhelm Dockhorn,
BiaBrazil was created to supply a need of the market and of the founder:
authentic pieces for sports that combine beauty, comfort and functionality.
Just two years after its foundation, the brand was already shipping its first
export order, becoming the first Brazilian micro company to export. Since
then, the presence in the foreign market has only increased, and today it can
be found in more than 60 countries and is the largest exporter of active wear
clothing in Brazil.

 

For further information please see https://www.biabrazil.com

 

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