Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

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

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

FEFU scientists reported on toxicity of carbon and silicon nanotubes and carbon nanofibers: Nanoparticles with a wide range of applying, including medicine, damage cells of microalgae Heterosigma akashivo badly. July 18th, 2018

In borophene, boundaries are no barrier: Rice U., Northwestern researchers make and test atom-thick boron's unique domains July 17th, 2018

Tuning into quantum: Scientists unlock signal frequency control of precision atom qubits July 16th, 2018

Environment

FEFU scientists reported on toxicity of carbon and silicon nanotubes and carbon nanofibers: Nanoparticles with a wide range of applying, including medicine, damage cells of microalgae Heterosigma akashivo badly. July 18th, 2018

Nanomaterials could mean more algae outbreaks for wetlands, waterways: High tech metal particles may inadvertently take a toll on aquatic life June 26th, 2018

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

A nanotech sensor that turns molecular fingerprints into bar codes June 7th, 2018

Alliances/Trade associations/Partnerships/Distributorships

Leti and Oscaro Partner on Leti’s New Low-Power, Low-Cost Transceiver to Track Parcels July 12th, 2018

Leti and Soitec Launch a New Substrate Innovation Center to Develop Engineered Substrate Solutions: Industry-inclusive hub promotes early collaboration and learning from substrate to system level July 11th, 2018

Leti & Partners Launch Pilot Program to Assess New Perception Sensors for Autonomous Vehicles July 5th, 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

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