DGAP-News: ROK Global PLC : ROK continues to expand its operations with increased interest in Industrial Technologies
(firmenpresse) - DGAP-News: ROK Global PLC / Key word(s): Strategic Company Decision
ROK Global PLC : ROK continues to expand its operations with increased
interest in Industrial Technologies
11.10.2012 / 08:00
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ROK continues to expand its operations with increased interest in
Industrial Technologies
11th October 2012
Ticker Symbol: RKG
WKN: A0YKFS
ROK Global PLC, the mobile, web and industrial technology, applications and
services company co-founded by US Billionaire John Paul DeJoria and UK
entrepreneur Jonathan Kendrick, has announced an increase in the stake of
ROK Protective Systems from 51% to 70% in a part-shares, part-cash
agreement.
ROK Protective Systems has developed a portfolio of highly innovative
industrial technology products, with 9 patent applications in place, which
includes ROK Shield glass-strengthening laminates, ROK Protect
ballistic-protection system designed for easy and cost-effective fitting
into the side panels of motor vehicles, several blast protection systems
for pipelines and conduits, anti-corrosion longevity solutions for steel
and other metals and materials, anti-cracking and strengthening products
for concrete, as well as natural oil spill recovery products, safety panels
for the construction industry and riot shields for law enforcement
agencies.
In addition, ROK Flex Marine, the latest industrial technology product to
be marketed by ROK, is a highly durable coating for the hulls of boats and
incorporates an anti-fowling agent to help prevent the hull becoming
encrusted with barnacles and other marine creatures for between 5 and 10
years. ROK Flex Marine represents a significant advancement in the
durability and effectiveness - and therefore the cost-saving - of below the
waterline protection for the hulls of boats and also helps in reducing
water resistance so vessels are able to move faster in the water, using
less fuel.
'We are delighted to have increased our stake in ROK Protective Systems
because we are hugely excited at the levels of commercial interest from
private and public companies and organisations in our industrial
technologies portfolio, most recently for ROK Flex Marine, and will
continue to develop and deploy these to our existing, new and potential
customers globally.' Said Jonathan Kendrick, Chairman of ROK.
In addition to being the co-founder of ROK, John Paul DeJoria is Chairman
and CEO of John Paul Mitchell Systems, the world's largest privately-owned
salon-only hair care company and is also co-founder of Patron Tequila, the
world's leading premium tequila brand.
In addition to industrial technology products, ROK has pioneered many new
technologies in the rapidly-evolving mobile, web and security space
including high quality mass-market Mobile TV which can be streamed, live
and on-demand, over mass-market 2.5G as well as 3G and Wi-Fi, as well as
mobile security technologies, which it licenses to law-enforcement
agencies, multi-language text-to-speech technologies and the fast-growing
online e-commerce portal for sustainable brands and products, JP Selects.
For more information:
www.rokglobal.com
Safe Harbor Statement:
The statements contained herein are forward-looking statements that are
subject to risks and uncertainties that could cause actual results to
differ materially from those expressed in the forward- looking statements,
including, but not limited to, certain delays beyond the company's control
with respect to market acceptance of new technologies or products, delays
in testing and evaluation of products, and other risks detailed from time
to time.
End of Corporate News
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188371 11.10.2012
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Datum: 11.10.2012 - 08:00 Uhr
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