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UK Trade & Investment Helps iCURIE Secure $17M In FinancingJuly 27, 2005
UK Trade & Investment's Global Entrepreneurs Programme (GEP) today announced
that its client, iCurie Lab Holdings Limited (iCurie), a nano-cooling
technology company, has successfully closed a $17 million private placement
led by Indigo Securities LLC and Axiom Capital Management Inc. of New York.
William Pedder, Chief Executive of Inward Investment Group at UK Trade &
Notes to editors:
1. UK Trade & Investment is the government organization that provides integrated support services for both UK companies engaged in overseas trade, and foreign businesses focused on the UK as an inward investment location. For more information visit the web site at www.uktradeinvest.gov.uk
UK Trade & Investment launched the Global Entrepreneurs Programme (GEP) in 2003 as a new approach to economic development. The GEP champions new business ideas by bringing together entrepreneurs and those who can best guide them towards success in the UK. The Dealmakers act as a liaison between the government and entrepreneurs. GEP is currently working with 85 entrepreneurs from the US and Asia/Pacific, and an additional 20 have successfully developed businesses or opportunities in the UK with the support of the GEP. For more information visit the GEP website at www.entrepreneurs.gov.uk
2. iCurie develops and commercializes nanotechnology derived cooling solutions for the PC, personal communications and display industries. iCurie was founded in 2000 by Dr. Lee, a former NASA and Samsung engineer. iCurie, Inc. It is US publicly quoted (OTCBB symbol: CMTD ) parent of London-based iCurie Lab Holdings Limited, and Seoul, Korea based iCurie Labs, Inc. Additional information on iCurie and its technology is available at www.icurie.com.
UK Trade & Investment Press Office
Copyright © UK Trade & Investment
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