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NanoDynamics Acquires Patent Filings From Versilant Nanotechnologies
Buffalo, NY. February 25th, 2004
NanoDynamics, a leading
manufacturer of superior nanomaterials, announced today that it has
acquired two patent filings to support the development of carbon
The technology covered by these two patent filings is expected to
enable more rapid commercialization of carbon nanotechnology,
specifically applications which utilize carbon nanotubes; a class of
materials which are expected to lead to significant breakthroughs in
applications such as flat panel displays, advanced drug delivery, new
semiconductors, catalysis, hydrogen storage, and fuel cell components.
"Acquiring these patent filings enhances our ability to provide
commercially viable, high performance nanomaterials and components and
to offer technology solutions for other companies seeking to
commercialize products which incorporate carbon nanotubes," said Keith
Blakely, Chief Executive Officer of NanoDynamics. "Furthermore, it
represents a key part of our growth strategy, as it expands our
technologies and capabilities into new commercial markets."
Carbon nanotubes, atomically small fibers of pure carbon that
conduct electricity better than copper and transmit heat better than a
diamond, have been touted as the strongest material. At one hundred
times stronger than steel and 1/6 the weight, carbon nanotubes offer
exceptional potential for structural and composite materials used by
the aerospace and automotive industries.
The patents were acquired from Versilant Nanotechnologies, a
Philadelphia-based nanomaterials company founded by Dr. Cynthia Kuper.
Dr. Kuper is currently the Director of Innovations at NanoDynamics,
where she is responsible for assessing technology and determining
appropriate business mechanisms for creating value for inventors and
technology owners. Dr. Kuper works closely with universities, national
laboratories, corporate laboratories, private inventors, researchers,
and scientists to identify, develop, and acquire commercially relevant
NanoDynamics is a leading manufacturer of superior nanomaterials
that can dramatically improve the form, function and performance of a
wide range of product categories. The company is uniquely positioned
to mass produce economical, high quality nanomaterials that will be
instrumental in facilitating revolutionary advancements in industries
including consumer products, homeland security, energy and
biotechnology. The Company's corporate growth strategy is designed to
expand its technologies and capabilities while broadening its presence
in new commercial markets.
Berns Communications Group, LLC
Stacy Berns/Michael McMullan
Reprinted with premission.
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