06 September 2018

DeepMatter (AIM: DMTR), the AIM quoted company focusing on digitizing chemistry, announces its unaudited interim results for the six months ended 30 June 2018.

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Highlights:

  • On track to deliver the Company's strategic roadmap to digitize chemistry
  • Has now entered into agreements with five international organisations for its DigitalGlassware™ Pioneer Programme
  • Loss after tax of £0.98 million (2017: loss £0.51 million)
  • Cash and short-term deposits at 30 June 2018 of £2.07 million (31 December 2017: £3.27 million)
  • Net assets at 30 June 2018 of £7.14 million (31 December 2017: £8.11 million)
  • Post period end, Mark Warne appointed Chief Executive Officer on 3 July 2018

Mark Warne, Chief Executive Officer of DeepMatter, said:

"Our DigitalGlassware™ platform brings code, structure and order into the chemistry lab environment and enables recordable, shareable, reproduceable chemistry whilst also championing speed, simplicity and unhindered discovery.

The Group is progressing well with its DigitalGlassware™ Pioneer Programme and, moving forward, we keenly anticipate further deployments with key innovators. We remain focused on building credibility, awareness and understanding of the DigitalGlassware™ platform, before rolling out the platform to the broader community."

For further information:
DeepMatter Group Plc www.deepmatter.io
Mark Warne, Chief Executive Officer T: 0141 548 8156
Stockdale Securities Limited
Tom Griffiths/Edward Thomas T: 020 7601 6100

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Deepmatter Group plc published this content on 06 September 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 06 September 2018 08:01:09 UTC