Re Agreement - amended
Surface Transforms PLC
29 June 2005
The following amendment has been made to release 1799O released today at 7.00am.
The words '...has signed an agreement...' have been replaced by '...has agreed a
programme of supply to Roxel....'
RNS Release
29 June 2005
Surface Transforms agrees joint development project with
Roxel (UK Rocket Motors) Ltd.
Surface Transforms plc, makers of advanced carbon fibre reinforced ceramic
(CFRC) materials, has agreed a programme of supply to Roxel (UK Rocket Motors)
Ltd., Europe's largest manufacturer of rocket and missile propulsion systems.
Specifically, the new Roxel programme, which follows earlier successful project
collaborations, is for the generation of precise material engineering design
data for use in high-temperature rocket nozzle designs and related components.
The programme will be managed by both parties and is expected to have an initial
life of two years.
Previously, Surface Transforms supplied Roxel with finished components for its
thrust modulation research programme on a select-supplier commercial basis. This
technology has now matured to the extent that it is now being used on motor
demonstrator programmes, including live motor firings.
The combined total value of the Roxel collaborations is expected to be in the
region of£100,000.
Should the new project be successful, and once quality and commercial aspects
have been validated, the CFRC materials are a potential candidate for future
production of rocket motor nozzle components, gas valve systems, and other
components.
Roxel's thrust modulation technology is potentially applicable to a number of
different missile types and the directors of Surface Transforms believe this
market alone in terms of CFRC components could be significant.
Geoff Gould, Sales & Marketing Director, Surface Transforms, said:
'The properties of our carbon ceramic materials mean they are eminently suitable
for rocket motor components. The unique lightweight properties of CFRCs combine
ultra-high temperature stability and high-energy dissipation with the strength
to resist high-velocity abrasive gas streams.'
'We are delighted that Surface Transforms is able to provide Roxel with a
strategically important independent source of both CFRC materials and finished
rocket motor components.'
For further information, please contact:
Julio Faria/
Geoff Gould Neil Boom/Rosie Acfield
Surface Transforms plc Gresham PR Ltd.
01928 735 498 020 7404 9000
Kevin D'Silva Simon Clements
Surface Transforms plc John East & Partners Ltd.
07802 306 956 020 7628 2200
Mark Dickinson
Teather & Greenwood Ltd.
020 7426 9000
Details of the Company's financial and business performance, its products,
technology and its share price can be found under Investor Relations at the
armshare icon on www.surface-transforms.com
Notes to Editors
About Roxel
Formed in 2003, Roxel resulted from a merger between the British Aerospace Royal
Ordnance Defence rocket motors division in the UK and the French company Celerg.
The company is responsible for the design, development and production of rocket
motors or the subsystems and components involved in missile propulsion.
About Surface Transforms
Cheshire-based Surface Transforms manufactures and develops high-tech carbon
ceramic materials such as brake discs and pads for use in high-performance cars
and aeroplanes and in other non-friction applications such as rocket propulsion
systems. Surface Transforms' ceramic materials are lightweight yet very strong
and able to withstand very high temperatures (up to 2500degreesC).
This information is provided by RNS
The company news service from the London Stock Exchange
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