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

Carbodeon Ltd Oy Closes EUR 1.5 million Funding Round From Straightforward Capital: Carbodeon will accelerate its nanodiamonds business and expand manufacturing capacity August 21st, 2016

Leading Advanced Materials Manufacturer Pixelligent Closes $10.4 Million in Funding: Capital Will Boost Capacity for North American Manufacturing, Drive Asian Expansion, and Continue Innovation in Solid State Lighting and OLED Display Applications August 16th, 2016

Harris & Harris Group to Host a Shareholder Update Call, Including a Presentation by One of Its Precision Health and Medicine Portfolio Companies, Muses Labs, Inc., on August 23, 2016 August 16th, 2016

NanoLabNL boosts quality of research facilities as Dutch Toekomstfonds invests firmly June 10th, 2016

Announcements

A promising route to the scalable production of highly crystalline graphene films August 26th, 2016

Graphene under pressure August 26th, 2016

Stretchy supercapacitors power wearable electronics August 25th, 2016

AIM Photonics Announces Release of Process Design Kit (PDK) for Integrated Silicon Photonics Design August 25th, 2016

Printing/Lithography/Inkjet/Inks

Tailored probes for atomic force microscopes: 3-D laser lithography enhances microscope for studying nanostructures in biology and engineering/ publication in Applied Physics Letters August 11th, 2016

Smarter self-assembly opens new pathways for nanotechnology: Brookhaven Lab scientists discover a way to create billionth-of-a-meter structures that snap together in complex patterns with unprecedented efficiency August 9th, 2016

Nanoscientists develop the 'ultimate discovery tool': Rapid discovery power is similar to what gene chips offer biology June 25th, 2016

Perovskite solar cells surpass 20 percent efficiency: EPFL researchers are pushing the limits of perovskite solar cell performance by exploring the best way to grow these crystals June 13th, 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