Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > Douglas Zorn Joins Advance Nanotech’s Board of Directors

Abstract:
Founder of StarVox Communications, Appiant Technologies and Monterey Telecommunications is an expert in bringing promising early stage companies to commercialization.

Douglas Zorn Joins Advance Nanotech’s Board of Directors

New York, NY | Posted on March 7th, 2007

Advance Nanotech, Inc., (OTC BB:AVNA), the premier provider of financing and support services to drive the commercialization of nanotechnology related products for homeland security and display technologies today announces that Douglas Zorn has been appointed to its Board of Directors.

Mr. Zorn is the founder of three start-up companies and, over the span of a 30 year career, he has raised over $500 million in private and public equity and has been involved in more than 75 high-tech acquisitions. Mr. Zorn is the Founder, and currently serves as the Chairman and President, of StarVox Communications, a Voice-Over-Internet-Protocol (VoIP) communication company. In a few short years, he has built StarVox through acquisitions, into a business with $60 million in revenue. Mr. Zorn also has founded and served in past leadership positions at a number of technology companies, including as President, CEO and Chairman of Appiant Technologies, Inc., a communications software company, and as COO of Monterey Telecommunications Corporation, an OEM wireless switch manufacturer which was bought by a major telecommunication equipment manufacturer.

Mr. Zorn is a certified public accountant who holds a Master's in Business Administration from Santa Clara University. He is the first independent director of several that Advance Nanotech plans to add to its board.

Mr. Zorn's extensive experience in growing promising early stage companies through to commercialization also includes serving at Centigram Communications Corporation on a turn-around team that refocused the company and raised over $80 million in VC funding. During his tenure as Vice President and CFO of Centigram, the company, which created the prototype PC-based voice mail product that opened up the mass voice mail market, completed a successful IPO. Prior to this, Mr. Zorn held various positions at Gould, Inc. where he worked on over 25 technology acquisitions worth $3 billion in revenue.

"We are excited to welcome someone of Mr. Zorn's stature and business acumen to our board," says Advance Nanotech CEO Tony Goncalves. "Doug is a business builder whose expertise in growing promising early stage companies through to commercialization as well as his connections within the finance community will be of immediate and long-term benefit for Advance Nanotech."

"Advance Nanotech holds an impressive group of core technologies and I have a background in successfully monetizing technology assets. It is a great fit and I am excited about the opportunity to join Advance Nanotech's board at a time of such enormous momentum and potential," said Mr. Zorn.

####

About Advance Nanotech, Inc.
Advance Nanotech identifies patented, patent-pending and proprietary technologies at leading universities and funds the additional development of such technologies in exchange for the exclusive rights to commercialize any resulting products. Advance Nanotech has interests in over 20 nanotechnologies. In August 2006, the company completed a strategic realignment of its portfolio to more aptly leverage the strengths of the portfolio to provide the greatest value to shareholders. The Company currently possesses a critical mass of technologies in two core areas of activity; Homeland Security and Displays.

By partnering with universities and leveraging the infrastructure and multi-disciplinary human resources of our university partners, we reduce our cost base and mitigate risk. After prototypes are proven within the lab and we develop a product roadmap and business plan, we form majority owned subsidiaries around the specific technology. We seek to return value to our shareholders through the sale or licensing of the technology, by securing additional financing for the subsidiary from either the venture capital community or the capital markets, or by successfully executing our business plan and consolidating its income as the majority shareholder.

This news release contains forward-looking statements within the meaning of the "safe harbour" provisions of the Private Securities Litigation Reform Act of 1995. These statements are based upon our current expectations and speak only as of the date hereof. Our actual results may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties, including the recent economic slowdown affecting technology companies, the future success of our scientific studies, our ability to successfully develop products, rapid technological change in our markets, changes in demand for our future products, legislative, regulatory and competitive developments and general economic conditions. Our Annual Report on Form 10-K and 10-K/A, recent and forthcoming Quarterly Reports on Form 10-Q and 10-Q/A, recent Current Reports and other SEC filings discuss some of the important risk factors that may affect our business, results of operations and financial condition. We undertake no obligation to revise or update publicly any forward-looking statements for any reason.

For more information, please click here

Contacts:
Advance Nanotech, Inc.
Tom Black, 212-583-0080

Copyright © Business Wire

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

Announcements

Princeton-UPenn research team finds physics treasure hidden in a wallpaper pattern July 21st, 2018

World's fastest man-made spinning object could help study quantum mechanics July 20th, 2018

Relax, just break it July 20th, 2018

Future electronic components to be printed like newspapers July 20th, 2018

Patents/IP/Tech Transfer/Licensing

Sirrus's Issued Patent Portfolio Continues To Accelerate July 18th, 2018

Changing the grocery game: Manufacturing process provides low-cost, sustainable option for food packaging June 26th, 2018

Tunable diamond string may hold key to quantum memory: A process similar to guitar tuning improves storage time of quantum memory May 24th, 2018

Self-assembling 3D battery would charge in seconds May 22nd, 2018

Homeland Security

Northwestern researchers achieve unprecedented control of polymer grids: Materials could find applications in water purification, solar energy storage, body armor June 22nd, 2018

Powering the 21st Century with Integrated Photonics: UCSB-Led Team Selected for Demonstration of a Novel Waveguide Platform Which is Transparent Throughout the MWIR and LWIR Spectral Bands June 19th, 2018

Squeezing light at the nanoscale: Ultra-confined light could detect harmful molecules June 17th, 2018

The dispute about the origins of terahertz photoresponse in graphene results in a draw April 26th, 2018

Appointments/Promotions/New hires/Resignations/Deaths

Jim Barnhart Joins Nanometrics as Senior Vice President of Operations March 15th, 2018

Jonathan Chou to Join Nanometrics as Chief Financial Officer February 26th, 2018

Ocean Optics Grows Sales Organization with Executive Appointments: Henry Langston promoted, Christine Stannard joins spectral sensing product developer December 23rd, 2017

Emmanuel Sabonnadiere is Leti’s New CEO November 28th, 2017

NanoNews-Digest
The latest news from around the world, FREE



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project