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Imperial Innovations signs contract with NPL


1 February 2008

Imperial Innovations Group plc

(“Imperial Innovations”)

Imperial Innovations Group plc (AIM: IVO), today announces that it has been awarded a contract by the National Physical Laboratory (NPL), for the provision of commercialisation services based on the extensive research activities undertaken at NPL. NPL is the UK’s National Measurement Institute and a world-leading centre for the development and application of the most accurate measurement standards in science and technology. The signing of the contract follows a successful three month trial during which Imperial Innovations reviewed a large number of NPL’s projects.

As part of the agreement, Imperial Innovations has appointed Dr Andrew Barber, Deputy Head of the Engineering and Technology Team at Imperial Innovations as the commercialisation services manager. Andrew has a Physics background and broad commercial experience, having worked at a senior level in capital equipment manufacturing, plastics distribution and industrial bearings manufacturing. Imperial Innovations is keen to source technologies from NPL’s portfolio which have the potential to be partnered with technologies in its own portfolio and to create new spin-out companies and licence deals for NPL. Examples of technologies which have already been reviewed include:

· Technology to scan surface hardness ;

· Ultrasound methods to detect pump cavitation;

· Procedure for determining 3-dimensional shapes to high accuracy;

· Remote pollution sensing equipment and environmental services.

Dr Sally Wilson, NPL’s Commercial Director said,

“We are excited to be working in conjunction with Imperial Innovations to extend NPL’s intellectual property offering”.

Susan Searle, CEO of Imperial Innovations confirmed,

'NPL has world-leading measurement standards and a portfolio of specialist technologies with commercial potential. We are delighted to be working with NPL”.

-Ends-

For more information contact:

Imperial Innovations
Susan Searle, Chief Executive Officer
+44 (0)20 7594 6591
Lucy Ahfong, Marketing Communications Executive
+44 (0)20 7594 6644

M:Communications
Patrick d’Ancona / Eleanor Williamson
+44 (0)20 7153 1539

JPMorgan Cazenove (NOMAD to Imperial Innovations)
Steve Baldwin
+44(0)20 7588 2828

National Physical Laboratory
NPL Helpline
+44(0)20 8943 6880

Notes to Editors

About Imperial Innovations
Imperial Innovations is one of the UK's leading technology transfer and commercialisation companies. The company was founded in 1986 and its ordinary shares admitted to trading on the AIM Market of London Stock Exchange plc in July 2006, raising £25 million at an offer price of 365p and £1 million by means of a public offer. In November 2007, the company raised a further £30 million by means of a placing of new ordinary shares with investors.

The company’s integrated approach encompasses the identification of ideas, protection of intellectual property, development and licensing of technology and formation, incubation and investment in technology businesses. A wide range of technologies are commercialised within the areas of healthcare, energy, environment and emerging technology trends.

Based at Imperial College London, the company has established equity holdings in 74 technology businesses and is managing 133 commercial agreements as of 31 July 2007. Imperial Innovations also commercialises technologies originating from outside Imperial College through incubation contracts with the Carbon Trust and WRAP and has commercialisation contracts with a number of multinational corporations including BAE Systems.

www.imperialinnovations.co.uk

About National Physical Laboratory

The National Physical Laboratory (NPL) is the UK’s National Measurement Institute and is a world-leading centre of excellence in developing and applying the most accurate measurement standards, science and


Publisher Contact Information:

Imperial Innovations
+44 (0)20 7594 6591
-

Company profile of Touchstone Innovations (formerly Imperial Innovations)
Past press releases of Touchstone Innovations (formerly Imperial Innovations).

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