REG - Xeros Tech Grp plc - Domestic XFilter Independent Test Validation

Xeros TechnologyAnnouncement

14/06/2022 07:16

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RNS Number : 7135O  Xeros Technology Group plc  14 June 2022

 

14 June 2022

 

Xeros Technology Group plc

 

('Xeros' or the 'Company' or the 'Group')

 

DOMESTIC XFILTER INDEPENDENT TEST VALIDATION

 

Xeros Technology Group plc (AIM: XSG), the creator of technologies that reduce
the impact of clothing on the planet, is today providing an update on results
from independent testing of their domestic washing machine filtration
technology, XFilter.

Hohenstein, based in Bonnigheim Germany, a highly respected testing institute
for the textile industry, has accredited Xeros' filtration device, XFilter,
with the highest level of performance, capturing over 99% of microplastics.
These tests were carried out on behalf of a leading Asian domestic washing
machine OEM as part of the test and trial agreement signed with Xeros in July
2021.

The test analysed the retention rate of microplastics using an XFilter device
integrated into a washing machine provided by our OEM partner.  These
independently conducted tests consistently showed performance levels of over
99% capture rate, thereby confirming XFilter as the leading commercially
available microplastic filtration device. A detailed summary of the test
results will be made available on our website.

These test results, combined with the recently announced licencing agreement
with Hanning, a leading component supplier to the global washing machine
industry, provide further evidence of the potential demand for XFilter. Xeros
expects to move to commercial licensing discussions with our Asian OEM partner
in the coming months and will provide further updates when appropriate.

 

Klaas de Boer, Chairman of Xeros, said:

 

"These test results provide further validation of the market leading
performance of our XFilter technology, and we thank Hohenstein for their work
in performing the tests. We are confident that this will accelerate our
progress with the multiple parties with whom we are currently engaged."

 

 

Enquiries:

 

 Xeros Technology Group plc                       Tel: 0114 321 6328

 Klaas de Boer, Chairman

 Mark Nichols, Chief Executive Officer

 Paul Denney, Chief Financial Officer

 finnCap Limited (Nominated Adviser and Broker)   Tel: 020 7220 0570

 Julian Blunt/Teddy Whiley, Corporate Finance

 Andrew Burdis/Sunila de Silva, ECM

 Yellow Jersey PR                                 Tel: 020 3004 9512

 Sarah Hollins/Lilian Filips/Laurie Gellhorn

 

Notes to Editors

 

POWERED BY SCIENCE, XEROS CREATE TECHNOLOGIES ENGINEERED FOR THE FUTURE

 

Born out of textile research and advancing new standards of performance and
responsibility, Xeros' technologies revolutionise the way we make and clean
our clothes, conserving water and preventing waste. Designed to impact
industries and people on a global scale, Xeros transform the performance,
impact and economics of the fashion and washing machine industry.

 

Xeros enable the scaling of their innovations and impact by licencing their
intellectual property to partners across the globe. Their work has, to date,
created 38 patent families.

 

Xeros' technologies are already in use in major global industries, including
commercial and home laundry and garment manufacture. So far, these
technologies have saved millions of litres of water and could prevent billions
of microfibres from ending in our oceans.

TO THE POWER OF CHANGE

xerostech.com (http://www.xerostech.com)

 

 

About Hohenstein

 

Hohenstien is a highly accredited internationally recognised institute. With
over 75 years of experience in the testing, certification, and research of all
kinds of textile products they are neutral and conform to a number of
assessment bodies.

 

hohenstein.com (https://www.hohenstein.com/en/)

 

 

 

 

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