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Strong Partnership Enables Rapid Commercialization of Advanced Batteries
Nanoexa, a nanotechnology-based clean energy company, today announced that the company
has delivered new technology to Decktron, Nanoexa's publicly traded
subsidiary in Korea, as a result of a Non-Recurring Engineering (NRE)
agreement. Decktron, an advanced technology manufacturing company, will
apply the nanotechnology to the development of a new generation of lithium
"This new nanotechnology will enable Decktron to create the best
batteries on the market," said S. S. Kim, Chief Strategy Officer of
Decktron. "Since we partnered with Nanoexa last fall, we have been
confident in the company's continued ability to provide Decktron with the
kind of technology that will secure our position as the battery industry
To be used in combination with existing intellectual property from
Argonne National Laboratory, the technology is based on a positive
electrode material that is comprised of a unique nano-crystalline
layered-layered composite structure. This cathode technology will give
Decktron's batteries the ability to deliver more than 3000 W/kg, making
Decktron's lithium batteries among the best-performing on the market today.
In addition to the technology, the intellectual property transfer includes
a description of low-cost, scaleable methods to manufacture positive
electrode material in high volume.
"This rapid IP output and subsequent technology transfer affirms
Nanoexa's commitment to commercializing the next wave of battery
advancements," said Michael Pak, CEO of Nanoexa. "The layered-layered
design of the battery will ensure its stability and safety. We are
confident that this agreement with Decktron will result in a safe energy
storage solution perfect for the power tool and HEV markets."
Nanoexa is an international clean energy company focused on bringing
innovative clean energy storage products to market. With a rapid
systems-level approach to commercialization, Nanoexa is has assembled an
extensive IP portfolio, initially focused on lithium ion batteries. Through
its novel materials and computational modeling platform, it improves
material performance while dramatically reducing time to commercialization.
In 2006, Nanoexa acquired a controlling interest in Decktron, a South
Korea-based company offering highly efficient, environmentally sustainable
battery technologies. Nanoexa is based in South San Francisco, California.
For further information, visit http://www.nanoexa.com .
Decktron is an advanced technology and manufacturing company focused on
delivering next generation lithium batteries that deliver exceptional
performance and safety levels. In addition to lithium batteries, Decktron
is a leading supplier of flat panel displays, including LCD and PDP,
generating revenues of $100 million in 2005. Decktron will continue to grow
its flat panel display business while becoming a global supplier of
advanced lithium batteries for high end professional and consumer
applications. Decktron is publicly traded on the Korean Stock Exchange
(KOSDAQ: 053070) and is headquartered in Seoul, Korea. For further
information, visit http://www.decktron.com
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