Accsys Technologies PLC
01 April 2008
1st April 2008
AIM: AXS
NYSE Euronext Amsterdam: AXS
Titan Wood Wins Prestigious Double - Brings Home National Awards
for Sustainable Production Technology and Innovation
Accsys Technologies PLC ('Accsys' or 'the Company') announces that its 100%
owned subsidiary, Titan Wood Limited ('Titan Wood'), has won the Dutch National
Award for Innovation - 'The Columbus Egg' www.ei-van-columbus.nl - with its
pioneering Accoya(R) wood product. Titan Wood also took home the award for
Sustainable Production Technology.
This year's awards were opened by the Dutch Prime Minister, Jan Peter
Balkenende, and are granted by the Dutch Government bi-annually to reward
sustainability innovation in the Netherlands.
Wim Quik, one of the judges, commented: 'Titan Wood's Accoya(R) wood
modification process is truly innovative. Thanks to this production technology
Accoya(R) wood has become a real alternative to increasingly scarce tropical
timber. The ability to make high performance timber from fast-growing,
sustainable wood species will help to protect threatened species and
rainforests. Further advantages are that Accoya(R) wood can replace less
environmentally friendly materials in demanding exterior applications and that
it requires less frequent maintenance due to its improved durability and
dimensional stability.'
Finlay Morrison, CEO of Accsys, added: 'These awards recognise Accoya(R) wood's
innovative nature and its environmental credentials. It is a solid wood product
made from certified sustainable sources and has multiple long-term environmental
benefits as it is non-toxic, recyclable and acts as a carbon sink. We are
enormously proud of the hard work that the Titan Wood team has put into the
development of Accoya(R) wood and appreciate the growing recognition of its
benefits.'
ENDS
For further information, please contact:
Accsys Technologies PLC William Paterson-Brown, +44 (0) 20 8150 8836
Executive Chairman
Collins Stewart Europe Limited Tim Mickley / Michael O'Brien +44 (0) 20 7523 8000
Parkgreen Communications Justine Howarth / +44 (0) 20 7851 7480
Bex Sanders-Hewett
Citigate First Financial B.V. Wouter van de Putte / + 31 (0) 20 575 4080
Laurens Goverse
Notes to Editors:
Titan Wood Limited (www.titanwood.com) is a wholly owned subsidiary of the
Accsys Technologies PLC (www.accsysplc.com) group of companies. Accsys
Technologies PLC is listed on the London Stock Exchange AIM market and on
Euronext Amsterdam by NYSE Euronext, under the symbols 'AXS'.
Accoya(R) wood (www.accoya.info) is produced using a patented process that
effectively converts certified sustainably grown solid softwood and non-durable
hardwood lumber into what is best described as a 'new wood species' via
acetylation. Distinguished by its durability, dimensional stability and, perhaps
most importantly of all, its reliability (in terms of consistency of both supply
and quality), Accoya(R) wood is particularly suited to exterior applications
where performance and appearance are valued. Unlike most tropical and temperate
hardwoods, its colour does not degrade when exposed to ultraviolet light.
Moreover, the Accoya(R) wood production process does not compromise the wood's
strength or machinability. The combination of UV resistance, dimensional
stability, durability and retained strength means that Accoya(R) wood offers a
wealth of new opportunities to architects, designers, specifiers, builders and
manufacturers Leading applications include external doors and windows, shutters
/shading, siding and cladding, decking, outdoor furniture/equipment and glulam
beams for structural use.
Wood Acetylation is a process, which increases the amount of 'acetyl' molecules
that naturally occur in wood, thereby changing its physical properties. The
process protects wood from rot by making it indigestible to most micro-organisms
and insects, without - unlike conventional treatments - making it toxic. It also
greatly reduces the wood's tendency to swell and shrink, making it less prone to
cracking and ensuring that when painted it requires dramatically reduced
maintenance.
ACCOYA(R) and the Trimarque Device are registered trademarks owned by Titan Wood
Limited and may not be used or reproduced without written permission.
This information is provided by RNS
The company news service from the London Stock Exchange
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