Cross Licensing Agreement

RNS Number : 6231E

Kromek Group PLC

05 November 2015

 



5 November 2015

Kromek Group plc

("Kromek" or the "Company")

Cross Licensing Agreement Signed with Leading Medical Equipment Manufacturer

Kromek, a radiation detection technology company focusing on the medical, security and nuclear markets, announces that it has signed a cross licensing agreement with one of the world's leading manufacturers of medical equipment.  Under the terms of the agreement, Kromek will be granted a license to use three patents of the leading manufacturer and in return will grant them a license to three of its patents.

Arnab Basu, Chief Executive Officer of Kromek, said: "We are delighted to be entering into this licensing agreement with one of world's well known manufacturers of medical equipment."

Enquiries:

Kromek Group plc	01740 626 060
Arnab Basu, CEO Derek Bulmer, CFO
Cenkos Securities plc	0207 397 8900
Bobbie Hilliam (NOMAD) Julian Morse (Sales)
Luther Pendragon Ltd	0207 618 9100
Harry Chathli, Claire Norbury, Alexis Gore

 

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