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26 Mar 2008  -  France

RocTool is introduced on the Stock market


RocTool, the technology specialists for molding composite materials, announced on March 21 that they have successfully realized a private placement with qualified investors and an increase of capital of 3,2M€, in order to:
- Launch new technologies,
- Have ongoing investment into R&D and to enlarge the patent portfolio,
- Accelerate the communication of marketing and sales development,
- Reinforce the teams,
- Install Technology Pilots in Europe, USA and Japan.

The first quotation will intervene on the 25th March 2008, and the first RocTool negotiations on the “Marché Libre d’Euronext Paris” will intervene on the 26th March 2008 under the ISIN code: FR0010523167.

Alexandre Guichard, CEO of RocTool comments:
Our introduction on the « ’Euronext Paris Marché Libre » is a turning point in RocTool’s history which allows us to accelerate our international development. It will also reinforce our weight regarding our negotiations with the leaders in our sector. Our patented technology is unique worldwide and we believe in our capacity to be a world wide reference on composite material molding and that of plastic matters. This is why we are anxious to thank our shareholders, colleagues and our partners who chose to have confidence in us.

About RocTool
Created in 2000, RocTool is a specialist in the conception and technology development for composite material molding. The process perfected by RocTool is patented and presents many advantages such as reduced production cycle time and therefore the cost reduction of the produced parts. In 2007 RocTool realized sales figures of 1,03 M € and by 2012 foresees its sales figures to be close to 10M€ and a net result of 2,5M€.


Source : RocTool

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