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March 12th, 2008
As chief executive of Cima NanoTech Inc., Jon Brodd keeps an active global itinerary. The St. Paul, Minn.-based start- up operates a research-and-development center in Israel, and manufacturing and marketing operations out of Japan.
Early this year, Brodd embarked on perhaps his most high-profile trip: Davos, Switzerland, the site of the World Economic Forum, where top political and business leaders including former British Prime Minister Tony Blair and Microsoft founder Bill Gates discussed everything from poverty to global warming.
The forum recently named Cima a "Technology Pioneer," a distinction given to 39 companies around the world this year whose innovative technologies contain the "potential to have a substantial long-term impact on business and society in the future." Past winners include Google, Mozilla and Napster.
Founded in 2002 using Israeli technology, Cima manufactures materials that are used to make plasma television screens, solar cells and radio frequency identification tags in a way that's cheaper and greener. Cima has raised $24 million, mostly from investors in South Korea and Japan, home to major electronic manufacturers such as Panasonic and Sony. The venture-capital backed company is in the "pre-revenue stage."
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