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Morph Technologies Inc. ("MTI"), an industry leader in the development and supply of advanced nanotechnology-enabled components for the automotive sector, announced today that it had received an equity investment from DuPont Engineering Polymers. MTI is an affiliate of, and 2004 spin-off from Toronto-based Integran Technologies Inc. ("ITI").
Although financial details of the transaction were not disclosed, a portion of the DuPont Engineering Polymers investment will be used to augment application engineering efforts and establish manufacturing infrastructure for the recently-launched Metafuse nanometal/polymer hybrid - an innovative lightweight nanometal over plastic technology which brings a step-change in performance and a paradigm shift in product design.
About Morph Technologies Inc.
Morph Technologies Inc. creates, develops and manufactures nanostructured intermediate and finished products for the automotive industry. The Company's patented technologies create nanocrystalline metals with significantly improved mechanical and physical properties relative to conventional coarse grained metals. MTI's patented processes produce high quality nanometals and nanometal-coated ceramics, composites and plastics in large quantities and volumes using highly scalable manufacturing approaches. The Company's nanometals can be applied as coatings or directly formed into complex micro- and macro-scale components. Contact MTI at http://www.morphtechnologies.com
About Integran Technologies Inc.
Integran Technologies Inc. is a world leader in the development and commercialization of advanced metallurgical nano-technologies. In addition to MTI, Integran's other affiliated companies include: Powermetal Technologies (Carlsbad, CA) which develops and manufactures products for the sports equipment and consumer product sectors; and Integran Defense Systems (Pittsburgh, PA) which develops leading-edge technologies for defense and homeland security.
About DuPont Engineering Polymers
DuPont Engineering Polymers specializes in application development, operating more than 40 centers globally and using a broad range of high-performance materials and technology to help customers in the global aerospace, appliance, automotive, consumer, electrical, electronic, industrial, sporting goods and other diversified industries deliver high-quality, cost-effective systems and components.
Metafuse is a trademark or registered trademark of DuPont.
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Integran Technologies Inc
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