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

Researchers printed graphene-like materials with inkjet August 17th, 2017

Candy cane supercapacitor could enable fast charging of mobile phones August 17th, 2017

Freeze-dried foam soaks up carbon dioxide: Rice University scientists lead effort to make novel 3-D material August 16th, 2017

Gold shines through properties of nano biosensors: Researchers discover that fluorescence in ligand-protected gold nanoclusters is an intrinsic property of the gold particles themselves August 16th, 2017

Environment

Freeze-dried foam soaks up carbon dioxide: Rice University scientists lead effort to make novel 3-D material August 16th, 2017

Two Scientists Receive Grants to Develop New Materials: Chad Mirkin and Monica Olvera de la Cruz recognized by Sherman Fairchild Foundation August 16th, 2017

New approach on research and design for CQD catalysts in World Scientific NANO August 2nd, 2017

Magnetized viruses attack harmful bacteria: Rice, China team uses phage-enhanced nanoparticles to kill bacteria that foul water treatment systems August 2nd, 2017

Alliances/Trade associations/Partnerships/Distributorships

Oxford Instruments Plasma Technology announces a new partner in Korea August 15th, 2017

Moving at the Speed of Light: University of Arizona selected for high-impact, industrial demonstration of new integrated photonic cryogenic datalink for focal plane arrays: Program is major milestone for AIM Photonics August 10th, 2017

Technology Companies Join Forces for TEM Imaging and Analysis August 3rd, 2017

GLOBALFOUNDRIES and VeriSilicon To Enable Single-Chip Solution for Next-Gen IoT Networks: Integrated solution leverages GFs 22FDX technology to decrease power, area, and cost for NB-IoT and LTE-M applications July 14th, 2017

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