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Abstract:
UV protection product to be incorporated into Suncare products

Oxonica to supply leading sunscreen additive to Boots for use in own-brand suncare products

February 2, 2005

Oxonica Ltd, a leading European technology company and Boots Group Plc today announce the incorporation of Optisol(TM) UV filter within Boots’ new range of Soltan’s Facial Suncare products.

Optisol is a class-leading UVA protection system ideal for quality sunscreens and anti-ageing products. It provides enhanced UVA protection, resulting in a more balanced UVA:UVB sunscreen formulation which is more advanced than many other sun protection products currently available. Optisol has also been proven to reduce free radicals, produced when the user is exposed to the sun. Free radicals contribute to long term damage in the skin, therefore Optisol can offer additional protection against premature ageing and DNA damage which may result in serious skin problems.

Boots is fast-tracking the adoption of Optisol for inclusion in its new Soltan Facial Suncare range, in store in April 2005. Oxonica is confident that further benefits are achievable when Optisol is combined with other ingredients such as vitamins and anti-oxidants.

Current estimates of the UV protection market suggest global revenues across the whole industry total $2 billion, of which cosmetic products are valued at in excess of 10%.

Dr. Kevin Matthews, Oxonica CEO said:
“Optisol offers the cosmetics industry a whole new approach to the formulation of products that protect against UV exposure. It offers unique benefits for both sunscreens, used to protect against direct sun exposure and anti-ageing formulations.”

Mike Brown, Boots Suncare Scientific Adviser said:
“By including Optisol in the new Soltan Facial Suncare range, Boots products are once again at the forefront of UVA protection technology. Soltan Facial Suncare delivers even better protection from the sun and its lightly tinted colour is particularly suitable for wearing either under make-up or on its own. It is ideal for the delicate skin on your face and contains light diffusing particles to give your face an instantly radiant appearance.”

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About Oxonica Ltd - www.oxonica.com

Oxonica Limited is a leading European technology group, with products already launched into the global market.

The company was spun-out in 1999 from the University of Oxford and is based in Oxford, England. Oxonica currently employs 30 professional staff and is lead by a strong and commercially experienced management team.

Oxonica’s mission is to develop commercial solutions from nanotechnology. It owns a diverse portfolio of demand driven products that offer substantial benefits to the target markets of environmental, healthcare and materials.

Lead products include:

Envirox™ Fuel Borne Catalyst – A nanocataylst optimising fuel economy and reducing emissions
Optisol™ UV Filter – A range of ultra-stable UVA absorbers with enhanced free radical scavenging, with immediate applications in sunscreens and other cosmetics

Oxonica is also active in searching for the next generation of products and is already engaged in developing transformational detection technologies which will enable a new generation of diagnostic products for the clinical diagnostic and life science markets.

In addition, the company is developing other UV absorber technologies into polymer systems and coatings, based on similar technologies to that used in Optisol

Optisol is a trademark of Oxonica Ltd.

Contacts:
Sonia Bouzid
Oxonica
Sonia.bouzid@oxonica.com
01865 856 728

Nigel Robson
Vortex PR
Island House, Forest Road, Guernsey, GY8 0AB, UK
Tel +44 (0) 1481 233080
Fax +44 (0) 1481 233082
email nigel@vortexpr.com

Copyright © Oxonica

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