FIRST LISTING OF XTPL SHARES ON NEWCONNECT

On 14 September, XTPL shares debuted on the NewConnect market. In the building of the Stock Exchange, the gathered guests, including investors and journalists, had the opportunity to learn about the company’s history and its plans for the future.

Dr. Filip Granek, CEO of XTPL, announced that the first sale of XTPL technology will take place within the next few months, and the company will start to generate revenues in 2018. Also in the coming year XTPL plans to sign the first contracts with business partners. The planned creation of a business development department and new application laboratories will help to achieve these goals.

– Previously we dealt primarily with the incubation of our technology and research and development. Today we want to transform it into research and development and commercialization, and we will dedicate resources from the IPO for this purpose. We will build a business development department that we do not have today, new labs for application research, produce the first batch of our lab printers and, most importantly, work on the prototype implementation of our technology in the industry, said Dr. Filip Granek.

The CEO of XTPL emphasized that the company plans to expand globally, which will be supported by, inter alia, activities in the Polish and foreign financial markets. XTPL wants to move from NewConnect to the large stock exchange, and at the same time get listed on foreign stock markets.

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