Nanotechnology Now

Our NanoNews Digest Sponsors


Heifer International

Wikipedia Affiliate Button


DHgate

Home > Press > VeruTEK Technologies and QuantumSphere, Inc. Announce Product Development and Marketing Partnership

Abstract:
Partnership Aims to Leverage Advanced Materials for Environmental Remediation Applications with Strong Demand

VeruTEK Technologies and QuantumSphere, Inc. Announce Product Development and Marketing Partnership

GLASTONBURY, CT | Posted on July 11th, 2007

VeruTEK Technologies, Inc. (OTCBB:VTKT) and QuantumSphere, Inc. (QSI) announced today that the companies have formed a strategic partnership to develop new environmental remediation solutions. Under the terms of the agreement, VeruTEK will utilize QSI's high-performance nano catalysts and its own natural surfactants to develop a new family of Coelution Technologies capable of cleaning up specific contaminants in soil and groundwater. QSI will supply testing materials and nanomaterials expertise to facilitate development of these remedial applications.

This partnership enables VeruTEK to extend its product line and ability to remediate hazardous sites plagued with specific types of organic contaminants. According to the EPA there are hundreds of thousands of contaminated sites in the U.S. alone. QSI gains the opportunity to utilize its nano catalysts in an emerging multi-billion dollar "in situ" environmental remediation market. Additionally, QSI will promote to its customers the newly developed Coelution Technologies for remediation applications utilizing QSI- Nano® catalysts.

"The quality of QuantumSphere's nano catalysts is unmatched in the marketplace," said Dr. John Collins, CEO for VeruTEK. "They provide the ideal match for our proprietary green surfactants and we are excited about the potential for these new solutions and the ability they will give us to target and clean up specific types of contaminants and sites."

"VeruTEK's advanced technology is redefining the remediation market with existing and ‘next-generation' nano-enabled solutions. We look forward to a mutually beneficial partnership that allows both companies to further penetrate additional markets with large potential," said Kevin D. Maloney, president and chief executive officer of QuantumSphere.

####

About VeruTEK Technologies, Inc.
VeruTEK (OTCBB:VTKT) provides proprietary, patent-pending, green nanotechnology solutions for cleaning up the environment. For more information, please visit http://www.verutek.com .

About QuantumSphere, Inc.

QuantumSphere (QSI) is a leading manufacturer of advanced materials for a wide array of clean-energy, defense, electronics, and other high-value applications. Backed by a strong intellectual property portfolio, the company has demonstrated breakthrough results with high-performance nano catalysts for use in emerging multi-billion dollar markets such as batteries, ultracapacitors, fuel cells, and hydrogen generation. For more information, please visit http://www.qsinano.com .

Safe Harbor Statement

The statements contained herein, which are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements including, but not limited to, certain delays beyond the Company's control with respect to market acceptance of new technologies, products and services, delays in testing and evaluation of products and services, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.

For more information, please click here

Contacts:
VeruTEK Technologies, Inc.
Jim Carini, 312-953-8319

or
QuantumSphere, Inc.
Kevin Maloney, 714-545-6266

Copyright © Business Wire 2007

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

PETA science group publishes a review on pulmonary effects of nanomaterials: Archives of Toxicology publishes a review of scientific studies on fibrotic potential of nanomaterials May 26th, 2016

Harnessing solar and wind energy in one device could power the 'Internet of Things' May 26th, 2016

Thermal modification of wood and a complex study of its properties by magnetic resonance May 26th, 2016

Finding a new formula for concrete: Researchers look to bones and shells as blueprints for stronger, more durable concrete May 26th, 2016

Environment

The next generation of carbon monoxide nanosensors May 26th, 2016

Novel functionalized nanomaterials for CO2 capture May 10th, 2016

First single-enzyme method to produce quantum dots revealed: Biological manufacturing process, pioneered by three Lehigh University engineers, produces equivalent quantum dots to those made chemically--but in a much greener, cheaper way May 9th, 2016

Los Alamos National Laboratory Expands Scope to Locus Technologies SaaS Contract: Los Alamos National Laboratory Adds Two New Applications to Locus SaaS Platform May 7th, 2016

Alliances/Trade associations/Partnerships/Distributorships

The CEA Announces Expanded Collaboration with Intel to Advance Cutting-edge Research and Innovation in Key Digital Areas May 17th, 2016

Solliance realizes first up-scaled Perovskite based PV modules with 10% efficiency: Holst Centre, imec and ECN pave the road to upscaling Perovskite PV modules May 10th, 2016

Industrial Nanotech, Inc. Expands Distribution Network in US and Internationally May 9th, 2016

Albertan Science Lab Opens in India May 7th, 2016

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




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







Car Brands
Buy website traffic