A leading French specialist company focused on the protection of building materials, has together with Photocat A/S decided to launch a premium product towards the professional market in the already established distribution network of the French company. The product is to our knowledge the only after market product that meets the standard of being self-cleaning. The French company already distributes to more than 10 countries with especially strong presence in France and the UK. The agreement the parties have entered will generate revenues of more than 7 million DKK over the coming 5 years.
Member of the Board of Directors' Thomas Becker comments
- "It is a pleasure for Photocat to work together with professional marketers that has proven their ability to market advanced and sustainable solutions. The Shine-On product is a unique product that allows existing glass facades and windows to become self-cleaning. This is highly attractive in commercial buildings with expensive window maintenance. We are pleased that yet another of Photocat's sustainable solutions reach the commercial market." "We are also very pleased that this supports the UN global goals for sustainable growth" says Thomas Becker
Photocat manufactures patented coating materials for both outdoor and indoor applications with the effect to degrade NOx and VOC's when exposed to light. Both NOx and VOC's are severely damaging to human health. Photocat's patented technology is a very efficient and an economically viable alternative to many of the traditional technologies targeting NOx (e.g. bus catalysts, flue gas cleaning etc.). Photocat's shares are listed on Nasdaq Stockholm, First North with the ticker symbol PCAT. The company's Certified Advisor is Redeye AB.
| For More Information, Please Contact: | ||
| Michael Humle, CEO at Photocat | Thomas Becker, Board | |
| Tel: +45 22 10 25 23 | Tel: +45 29617010 | |
| e-mail: michael@photocat.net | e-mail: tb@photocat |
HUG#1972767
