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Unidym, Inc., a majority-owned subsidiary of Arrowhead Research Corporation (NASDAQ:ARWR), announced today that Dr. Paul Drzaic has been appointed Chief Technology Officer. Unidym is a leader in the development and manufacture of carbon nanotubes for applications in the electronics industry. Unidym, which recently merged with Carbon Nanotechnologies, Inc. (CNI), possesses a foundational patent portfolio that covers nearly every aspect of carbon nanotube manufacturing and processing.
"Paul's experience in the display industry is a great addition to Unidym as we enter the transparent electrode market," said Art Swift, Unidym's CEO. "He is widely recognized as one of the most knowledgeable experts in display technologies. In addition, his broad background in materials science and the electronics industry will enable us to move forward with other applications of our intellectual property. Paul's skills and expertise are an excellent addition to Unidym's growing leadership team."
"Unidym's technologies can lend themselves to important applications in a number of diverse areas: touch panels, flat panel displays, solar energy, and flexible electronics," commented Drzaic. "Unidym has developed core strength in fabricating materials and devices based on its carbon nanotube technology. Unidym's impressive intellectual property portfolio also opens up potential for partnerships and licensing opportunities in market areas such as life sciences and structural materials. I am excited to be able to participate in realizing the potential of Unidym."
Paul comes to Unidym from Alien Technology Corporation, where he had served as Vice President of Advanced Development. He managed the development of unique technology applied to both flat panel displays and to flexible RFID solutions. This effort resulted in key technologies and processes for flexible electronics fabrication, which enabled the development of novel wireless sensors. In parallel, Paul crafted and managed the company's IP portfolio.
Paul's background in display technology includes a significant role in the early stages of E Ink, serving as their first Director of Technology. In addition to overseeing collaborative efforts with E Ink's major industry partners, he led a group of scientists and engineers in award-winning work that included materials development, semiconductor device development, display system integration, device characterization and the reliability of novel "electronic ink" materials.
Prior to E Ink, Paul had a long tenure at Taliq Corporation, a subsidiary of Raychem Corp., where he established himself as one of the industry's key researchers in liquid crystal science and technology. His publications include numerous articles in various journals and symposia proceedings, plus an extensive book concerning liquid crystal technology. He holds over 50 U.S. Patents in display, flexible electronics, printed electronics and RFID technologies. Paul has consulted for various Fortune 100 companies as a recognized industry expert in display technologies.
Paul graduated with a B.S. in chemistry from the University of Notre Dame and subsequently earned a Ph.D. in chemistry from Stanford University.
About Unidym, Inc.
Unidym ( http://www.unidym.com ) is a leader in the manufacture and application of carbon nanotubes (CNTs), a novel material with extraordinary electrical, thermal, and mechanical properties. Unidym provides bulk materials, CNT-enabled products, and intellectual property to a wide range of customers and business partners. As a result of its recent merger with CNI, Unidym possesses a foundational patent portfolio that covers nearly every aspect of CNT manufacturing and processing as well as multiple product applications.
Unidym is focused on the electronics industry where its initial products include transparent electrodes for touch screens, flat panel displays, solar cells, and solid state lighting; electrodes for fuel cells; and thin film transistors for printable electronics. Unidym is also pursuing an aggressive, cross-industry partnership strategy to capture value from the wide ranging uses of CNTs. Unidym’s licensing program, technical expertise and manufacturing facilities can enable partners to rapidly develop CNT solutions for their specific applications.
Unidym is a majority-owned subsidiary of Arrowhead Research Corporation (NASDAQ:ARWR).
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:
This news release contains forward-looking statements within the meaning of the "safe harbor" 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 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. Arrowhead’s 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 on Forms 8-K and 8-K/A, our Registration Statements on Form S-3, and other SEC filings discuss some of the important risk factors that may affect Unidym’s business, results of operations and financial condition. We undertake no obligation to revise or update publicly any forward-looking statements for any reason.
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Robert Bismuth, VP
Business Development & Marketing
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