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NANOIDENT AG wins coveted Upper Austrian Innovation Award 2005

Linz, Austria | October 12, 2005

Today NANOIDENT AG received the coveted Innovation Award 2005 bestowed by the Austrian federal province of Upper Austria for producing the world’s first high-resolution photodetector based on organic semiconductors. This year, a total of 78 companies presenting 88 innovations in three business categories competed for the Innovation Award, which had been advertised for the twelfth time. NANOIDENT’s CEO Klaus G. Schroeter comments on winning the award, “Receiving the Upper Austrian Innovation Award strengthens our strategy to establish Europe’s first organic semiconductor factory in Linz, thereby positioning Upper Austria as a leading technological base for the newly emerging organic semiconductor industry.“

Upper Austrians Minister of Economy Viktor Sigl, Klaus G. Schroeter (CEO NANOIDENT AG), DI Franz Padinger (CTO NANOIDENT AG), Upper Austrians Head of Government Dr. Josef Puehringer. (starting from the left.) Copyright © NANOIDENT AG

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Driving force for new future markets
At present, the market volume of silicon semiconductors, which has reached its growth limits, equals approximately 150 billion US $, while the turnover potential of organic semiconductors is estimated to exceed 300 billion US $. More than four fifth of this sales figure will be generated in new application areas. For the first time, sensor applications can be realized that utilize large, flexible, ultra-thin or strongly bent photodetectors. These are new performance properties that are extremely appealing to industrial clients. NANOIDENT's Chief Technology Officer Franz Padinger explains, “This opens up excellent opportunities for ourselves and our partners to design new products and position them in highly attractive market segments previously inaccessible by silicon-based sensors.“

Product innovations for the new organic semiconductor industry
For the first time, ultra-thin, flexible biometric sensors based on organic semiconductors enable the integration of biometric identification technologies into electronic identity cards and credit cards, thereby enhancing significantly their anti-forgery security. In the field of medical diagnostics as well as food and environmental monitoring, organic BioChip sensors will simultaneously analyze hundreds of parameters of biological samples – directly on location, at the “Point of Care“, without any time delay or the need for elaborate, costintensive laboratory technologies. Organic x-ray sensors of some square meters revolutionize the application possibilities of analytical imaging systems in industry, security technology and medicine. NANOIDENT’s CEO Klaus G. Schroeter asserts, “Together with industrial partners, we develop innovative solutions for organic sensors, which will help achieve a breakthrough for the new semiconductor industry just as well as the organic displays and solar cells.“

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About NANOIDENT AG:
NANOIDENT is the leading nanotechnology company in the area of organic photonic sensors. The company develops and produces photonic sensors based on organic semiconductors for market segments with high growth potential, such as security technology and life science technology. NANOIDENT has succeeded in winning the world’s leading scientists and experts in organic photo physics as shareholders, collaborators and consultants, building unique know-how concerning nanotechnology-based organic semiconductors and production processes. NANOIDENT’s integration in international networks of expertise of the global leading research centers ensures access to latest research results in the area of organic semiconductor technology. In the context of technology partnerships with innovative industrial firms NANOIDENT develops trendsetting sensor solutions for high-volume market segments.

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Press Contact:
NANOIDENT Technologies AG
Klaus G. Schroeter
Untere Donaulaende 21-25
A-4020 Linz
Tel: +43 732 9010 2200
press@nanoident.com

Christian Zillich Consulting
Christian Zillich
Postfach 330141
D-14171 Berlin
Tel: +49 30 895 38 50
press@nanoident.com
www.czc-berlin.de

Copyright © NANOIDENT

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