PATHS TO EXPLOITATION A PERSONAL PERSPECTIVE

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PATHS TO EXPLOITATION A PERSONAL PERSPECTIVE

• Derek Fray
• Department of Materials Science and Metallurgy
• University of Cambridge

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SPIN-OFF COMPANIES

• 1989 Ion Science Ltd
• 1998 Interpro Zinc llc
• 1998 British Titanium plc
• 2001 EMC Ltd
• 2002 FFC Ltd

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ION SCIENCE LTD
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DIRECTORS

• MS Equipment
• MV Saleable Instrument
• DF - x
• JS - 3x plus underwriting of loan from Bank of
  Luxembourg

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PRODUCTS

• GasCheck
• GasCheck R2pc
• GasCheck SF6
• Photec II
• PhoCheck
• Hydrosteel 6000
• Calibrated Leaks
• CalCheck
• Saga Flow
• Calibration Facilities

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• Outstanding benefits of Hydrosteel include
• Accurate and direct measurement
• High sensitivity, wide measurement range
• Measurement in minute
• Minimal surface preparation
• Permanent monitoring capability
• Minimal technical training required
• One hand or hands free operation
• No consumables, liquids or greases
• Intrinsically safe

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PRESENT STATE OF COMPANY

• 30 employees in Fowlmere, Cambridge
• Company turnover 1.5m
• No debts
• Subsidiaries in US (Ion Science (Americas) llc)
  and Germany ( Ion Science Messtechnik gmbh)

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INTERPRO ZINC llc
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BRITISH TITANIUM plc
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pellets of TiO2
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Cathodic ReactionTiO2 4e Ti 2O2-Anodic
Reaction 2O2- O2 Ti
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STRUCTURE OF BRITISH TITANIUM

• 3 Directors
• Several Private Investors
• 4 employees
• Facilities at Clifton Road in Cambridge
• Licence from University
• Contracts from ONR (US Department of Defense)
• Losses of around 2m

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EMC Ltd

• Licence from University to manufacture a sensor
  for the measurement of hydrogen in molten
  aluminium
• 4 Directors
• 3 employees
• Financed by bank loan
• Losses of around 100k
• Selling instrument through Foseco

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FFC Ltd

• Exploit de-oxidation technology for metals
  outside titanium (licence from the University)
• 2 Directors
• Initial funding came from University Challenge
  Fund (250k)
• Loan from University Venture Capital Fund
• Losses of around 250k
• Looking for additional finance
• 2/3 employees

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