OXN Oxonica

    
  Oxonica plc
  21 November 2008
   



    



    Oxonica wins Award for Innovation at the Thames Valley Business Awards 2008 for its Envirox* fuel efficiency additive

    Oxonica plc ("Oxonica"), a leading international nanomaterials group, today announces that it has won the prestigious award for
Innovation at the Thames Valley Business Awards held at the Berkshire Conference Centre in Reading. 

    The Award for Innovation recognises businesses with 'great ideas, products, initiatives, working practices and routes to market'.
Oxonica has demonstrated this in the development and commercialisation of Envirox* fuel efficiency additive. Since 2000, Oxonica has been
engaged in development both in the laboratory and in the field to create Envirox*, a product proven to reduce diesel fuel consumption and
reduce emissions from applications powered by diesel engines. 

    The product is now successfully established in the market. Its major UK customer is Stagecoach Buses who are using Envirox* in almost
all of their 7000 strong UK bus fleet. The rise in oil prices and enhanced environmental pressures are making Envirox* an increasingly
attractive product for all types of significant diesel fuel users. As a result of this there has been a considerable increase in interest in
Envirox* and Oxonica now has a stronger pipeline of potential UK customers than any other time in its history. 

    Kevin Matthews, CEO Oxonica commented "Oxonica is delighted to have won the Business Award for Innovation, this is a credit to all our
employees who have worked hard to develop this product and win new business".

    This year's awards were presented by former Foreign Secretary, and now Housing Minister, the Rt Hon Margaret Beckett MP. 



    For further information, please contact:

    Oxonica plc                                           Tel. 01865 856 728
    Kevin Matthews, Chief Executive Officer
    Richard Clarke, Chief Financial Officer


    Panmure Gordon                                   Tel. 020 7459 3600
    Hugh Morgan
    Andrew Potts


    Notes to Editors

    About Oxonica plc - www.oxonica.com

    Oxonica (AIM: OXN.L) is one of the leading international nanomaterials groups with products already launched into international markets
and is listed in London on the AIM market. It was spun-out from Oxford University in 1999. Oxonica's mission is to focus on the development
of innovative commercial solutions for international markets using its expertise in the design and application of nanomaterials. It owns a
portfolio of demand driven products that offer substantial benefits to the target markets of energy, materials, security and diagnostics.

    The Group currently has four operating businesses: Oxonica Energy, Oxonica Materials, Oxonica Security and Oxonica Diagnostics. Oxonica
has already launched products into international markets. Lead products include:
    *     Envirox* fuel efficiency additive - a catalyst improving fuel economy and reducing emissions
    *     Optisol* UV absorber - a revolutionary photostable UV protection system designed to optimise the performance of quality sunscreens
and anti-premature aging products





























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The company news service from the London Stock Exchange
 
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