Global leader in liquid repellent nano technology has strong and compelling legal case

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ABINGDON, UK -�Media
OutReach�-�25^th February,
2019 - P2i, the global leader in liquid repellent nano technology, is launching
legal action against a Chinese firm for the theft of its intellectual property.
P2i believes that Jiangsu Favored Nanotechnology Co., Ltd. Shenzhen Branch
(Favored Shenzhen) has infringed on patents it holds for the production of its
nano coating technology, used by the world's leading mobile phone manufacturers
to make their devices water-resistant.

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The UK-headquartered firm has a strong and
compelling legal case. It is demanding that Favored Shenzhen ceases operation
of the processes and applications of specific nano coating technology, which P2i
believes to be infringing P2i's granted patents in China.

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P2i is a UK-based, innovation-led company
which serves the global electronics market. It has offices across Asia and its
technology is deployed in excess of 70 factories across five continents around
the world. Significant investment in R&D over the years has enabled it to
develop a patented pulsed plasma process -- delivering hydrophobic nano coatings
to provide the highest and most reliable levels of liquid repellency throughout
a device. It is a fast-growing market -- in the last three years, almost one in
ten users has sustained liquid damage requiring repair or early replacement of
their phones. Since 2011, P2i has cemented its credentials in the industry by
coating hundreds of millions of electronic devices for some of the world's
biggest smartphone and electronics manufacturers.

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However, it recently discovered that
Favored Shenzhen is using nano coating technology and processes similar to
P2i's patented technology and processes without its authorisation.

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The Favored Shenzhen technology is being
used in handsets currently available in the Chinese market.

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"As the owner of over 160 patents, patent
applications and utility model applications worldwide, P2i has invested heavily
in R&D over the years to become a global leader in liquid repellent nano coating
technology. As commencement of these legal proceedings shows, we're serious
about protecting this intellectual property," said Stephen Coulson, P2i's chief
science officer and founder.

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"We believe P2i has an extremely strong
case and look forward to the court's verdict. We'd also like to remind any
manufacturers currently using the Favored Shenzhen technology that if P2i is successful,
they may also be compelled to stop any further use and face a permanent ban on
its further use, at significant cost and disruption."

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Under Chinese law, P2i is entitled to claim
for damages from businesses that have been complicit in patent infringement.
P2i is pursuing this case in the jurisdiction in which the infringement was
discovered, China's Guangdong Province. "We will aggressively pursue legal
action against the theft of our intellectual property or infringement of our
patents in any jurisdictions we find them," added Dr Coulson.

About P2i

P2i is the global leader in liquid repellent
nanotechnology.

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Founded in 2004, P2i works with OEMs to enhance devices
to make them liquid resistant and give waterproof protection, improving their
reliability and enabling them to survive liquid exposure from everyday
accidents.

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P2i brings reliability to market, by pushing the
boundaries of science and engineering to deliver world leading protective
nano-coating technologies.

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For
more information, please visit�http://www.p2i.com�or�@P2iLabs.