Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > Five Star Technologies Inc. Secures US$2.0 Million Financing From MMV Financial Inc.

Abstract:
Five Star Technologies, Inc. ("Five Star"), a leading developer of advanced electronics materials, announces the completion of a US$2MM venture loan from Toronto-based MMV Financial Inc. Five Star is a supplier of high-performance inks and dispersions for use in electronics packaging and assembly operations. Five Star dispersions of conductive, sub-micron and nanoscale particles offer unparalleled stability and uniformity that helps customers significantly improve electrical and thermal performance.

Five Star Technologies Inc. Secures US$2.0 Million Financing From MMV Financial Inc.

Cleveland, OH | Posted on October 30th, 2007

"These funds will be used by Five Star to continue development and commercialization of advanced materials, such as specialty dispersions and high performance inks. Our customers will see immediate returns as they integrate these new materials into their production lines," said Gerry Weimann, Chief Executive Officer of Five Star. "MMV quickly saw the value of our innovative technology and we are pleased to have them as a financial partner."

"We are very impressed with both the unique technology Five Star has developed and the numerous commercial applications underway," said Greg Dimmer, Senior Vice President, MMV Financial Inc. "Five Star represents an opportunity for us to invest in a well managed, well supported advanced materials company with significant commercial opportunity."

Five Star Technologies Inc. is a privately held company based in Cleveland, Ohio, with investment from Morgenthaler Ventures, Industrial Technology Ventures, Early Stage Partners, CTTV Investments and Reservoir Venture Partners.

####

About Five Star Technologies Inc.
Five Star Technologies is a supplier of high-performance dispersions, inks and pastes used in semiconductor and microelectronic packaging, displays, photovoltaics and ceramic component applications. Combining its patented hydrodynamic cavitation process with innovative chemistry, Five Star creates precision dispersions of a wide range of materials, enabling the printing of finer circuit features with enhanced performance profiles. The ElectroSperse(TM) line of inks and pastes features a range of products with excellent printability, high levels of conductivity, strong adhesion to a variety of substrates, and RoHS compliance. For more information, please visit Five Star Technologies website at http://www.fivestartech.com/ .

About MMV Financial Inc.

MMV Financial is a Toronto-based specialty finance company providing creative debt solutions to technology and life sciences companies across North America. MMV is backed by top U.S. and Canadian private equity firms and financial institutions including CCP Equity Partners, Caisse de depot et placement du Quebec, NewStar Financial Inc, and Wells Fargo Company.

For more information visit: http://www.mmvf.com

For more information, please click here

Contacts:
Greg Dimmer
Senior Vice President
MMV Financial Inc.
+1-416-977-9718


Gerard R. Weimann
President-CEO
Five Star Technologies, Inc.
+1-216-447-5041

Copyright © PR Newswire Association LLC.

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

VC/Funding/Angel financing/Loans/Leases/Crowdfunding

Harris & Harris Group Issues Reminder for Shareholder Update Call on January 10, 2017 January 10th, 2017

Harris & Harris Group Announces a Proposed Strategic Restructuring December 20th, 2016

Harris & Harris Group Issues Letter to Shareholders and Information for Shareholder Call on Tuesday, November 15, 2016 November 14th, 2016

Harris & Harris Group Issues Business Update and Reports Financial Statements as of September 30, 2016 November 9th, 2016

Announcements

Dressing a metal in various colors: DGIST research developed a technology to coat metal with several nanometers of semiconducting materials January 17th, 2017

Nanoparticle exposure can awaken dormant viruses in the lungs January 17th, 2017

Nanoscale view of energy storage January 16th, 2017

Seeing the quantum future... literally: What if big data could help you see the future and prevent your mobile phone from breaking before it happened? January 16th, 2017

Printing/Lithography/Inkjet/Inks/Bio-printing

NUS researchers achieve major breakthrough in flexible electronics: New classes of printable electrically conducting polymer materials make better electrodes for plastic electronics and advanced semiconductor devices January 14th, 2017

Nanowire 'inks' enable paper-based printable electronics: Highly conductive films make functional circuits without adding high heat January 4th, 2017

Nanocubes simplify printing and imaging in color and infrared: New technology allows multispectral reactions on a single chip December 15th, 2016

Bumpy surfaces, graphene beat the heat in devices: Rice University theory shows way to enhance heat sinks in future microelectronics November 29th, 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