Nanotechnology Now

Our NanoNews Digest Sponsors





Heifer International

Wikipedia Affiliate Button


android tablet pc

Home > Press > Nano-Terra, Inc. and Exide Technologies Announce Collaboration on

Abstract:
Nano-Terra, Inc., a leading surface engineering and nanotechnology co-development company, today announced an alliance with Exide Technologies (NASDAQ: XIDE, www.exide.com), a global leader in stored electrical-energy solutions.

Nano-Terra, Inc. and Exide Technologies Announce Collaboration on

Cambridge, MA | Posted on March 26th, 2009

Nano-Terra will use its expertise in surface chemistry and surface engineering to create a number of innovative functionalities for stored energy solutions manufactured by Exide for motive power, network power and transportation applications. Further, the alliance is expected to provide
Exide Technologies the opportunity to improve both the efficiency and competitiveness of its product portfolio.

The solutions under development in this collaboration are based on the surface engineering methods pioneered by Nano-Terra and its Co-Founder, Professor George M. Whitesides of Harvard University.

"As the world moves toward the development of increasingly more efficient energy technologies, we look forward to working with Exide to bring about significant improvements in energy storage through our nanotechnology portfolio and expertise," said Myer Berlow, CEO of Nano-Terra. "Exide has a long tradition of being on the cutting edge of new technology advancements, and we are very pleased that the Company recognizes the important role that nanotechnology can play in this arena."

The two companies will collaborate on product development at Nano-Terra's lab facilities in Cambridge, Massachusetts. Both Nano-Terra and Exide currently anticipate that the first new product solutions will be presented to customers by 2011.

"A growing global interest in advanced lead-acid chemistries and alternate energy sources is driving our development into new products and technologies that will shape the energy storage systems of tomorrow," said Dr. Paul Cheeseman, Vice President, Global Engineering and Research for
Exide Technologies. "Exide is one of the world's largest producers and recyclers of lead-acid batteries and the first in our industry to collaborate with Nano-Terra. This strong collaboration will allow our Company to draw upon unique nanotechnology resources to implement innovative energy solutions for the global marketplace."

Forward-Looking Statements

Except for historical information, this press release may be deemed to contain "forward-looking" statements. The Company desires to avail itself of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 (the "Act") and is including this cautionary statement for the express purpose of availing itself of the protection afforded by the Act. The Company undertakes no obligation to publicly update or revise any forward-looking statement in this or any prior forward-looking statements whether as a result of new information, future developments or otherwise.

Examples of forward-looking statements include, but are not limited to, (a) projections of revenues, cost of raw materials, income or loss, earnings or loss per share, capital expenditures, growth prospects, dividends, the effect of currency translations, capital structure and other financial items, (b) statements of plans and objectives of the Company or its management or Board of Directors, including the introduction of new products, or estimates or predictions of actions by
customers, suppliers, competitors or regulating authorities, (c) statements of future economic performance and (d) statements of assumptions, such as the prevailing weather conditions in the Company's market areas, underlying other statements and statements about the Company or its business.

Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to, the following general factors such as: (i) the Company's ability to implement and fund based on current liquidity business strategies and restructuring plans, (ii) unseasonable weather (warm winters and cool summers) which adversely affects demand for automotive and some industrial batteries, (iii) the Company's substantial debt and debt service requirements which may restrict the Company's operational and financial flexibility, as well as imposing significant interest and financing costs, (iv) the litigation proceedings to which the Company is subject, the results of which could have a material adverse effect on the Company and its business, (v) the fact that lead, a major constituent in most of the Company's products, experiences significant fluctuations in market price and is a hazardous material that may give rise to costly environmental and safety claims, (vi) competitiveness of the battery markets in North America and Europe, (vii) risks involved in foreign operations such as disruption of markets,
changes in import and export laws, currency restrictions, currency exchange rate fluctuations and possible terrorist attacks against U.S. interests, (viii) general economic conditions, (ix) the ability to acquire goods and services and/or fulfill labor needs at budgeted costs, (x) the
Company's reliance on a single supplier for its polyethylene battery separators, (xi) the Company's ability to successfully pass along increased material costs to its customers, (xii) the loss of one or more of the Company's major customers for its industrial and transportation
products; (xiii) the ability of the Company's customers to pay for products and services in light of liquidity constraints resulting from global economic conditions and restrictive credit markets.

Therefore, the Company cautions each reader of this press release carefully to consider those factors set forth above and those factors described in the Company's annual report on Form 10-K filed on June 9, 2008 and its quarterly reports on Form 10-Q filed on August 8, 2008, November 6, 2008 and February 4, 2009, because such factors have, in some instances, affected and in the future could affect, the ability of the Company to achieve its projected results and may cause actual results to differ materially from those expressed herein.

####

About Nano-Terra, Inc.
Nano-Terra is a privately-held research and development company with expertise supported by an extensive patent portfolio based on work done by co-founder Dr. George Whitesides, the Woodford L. and Ann A. Flowers University Professor at Harvard University.

The company leverages its expertise and intellectual property through co-development agreements with Fortune 500 companies and the U.S. Government. Nano-Terra’s scientific methods can be used to fabricate advanced materials and devices that enhance existing products or create entirely new products in a broad range of areas, including: smart materials and surfaces; flexible electronics such as displays and electronic packaging; fuel cells, batteries and solar power devices; sensors; industrial products and processes; and a wide range of consumer goods.

For more information, visit www.nanoterra.com.

About Exide Technologies

Exide Technologies, with operations in more than 80 countries, is one of the world's largest producers and recyclers of lead-acid batteries. The Company's four global business groups -- Transportation Americas, Transportation Europe and Rest of World, Industrial Energy Americas and Industrial Energy Europe and Rest of World -- provide a comprehensive range of stored electrical energy products and services for industrial and transportation applications.

Transportation markets include original-equipment and aftermarket automotive, heavy-duty truck, agricultural and marine applications, and new technologies for hybrid vehicles and automotive applications. Industrial markets include network power applications such as telecommunications systems, electric utilities, railroads, photovoltaic (solar-power related) and uninterruptible power supply (UPS), and motive-power applications including lift trucks, mining and other commercial vehicles.

Further information about Exide, including its financial results, are
available at www.exide.com.

Contacts:
NANO-TERRA MEDIA CONTACT
Barbara Lyon
617-621-8500


EXIDE TECHNOLOGIES MEDIA CONTACTS:
J.Addams & Partners, Inc.
Jeannine Addams
Kristin Wohlleben
404-231-1132



EXIDE TECHNOLOGIES INVESTOR CONTACT:
Exide Technologies
Carol Knies
678-566-9316
Senior Director of Investor Relations

Copyright © Nano-Terra, Inc.

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

News and information

Tissue regeneration using anti-inflammatory nanomolecules August 22nd, 2014

A breakthrough in imaging gold nanoparticles to atomic resolution by electron microscopy August 22nd, 2014

Ultra-short pulse lasers & Positioning August 21st, 2014

Malvern’s Dr Alan Rawle talks TLAs in plenary lecture at Particulate Systems Analysis conference August 21st, 2014

Chemistry

Production of Toxic Ion Nanosorbents with High Sorption Capacity in Iran August 17th, 2014

Scientists fold RNA origami from a single strand: RNA origami is a new method for organizing molecules on the nanoscale. Using just a single strand of RNA, this technique can produce many complicated shapes. August 14th, 2014

Could hemp nanosheets topple graphene for making the ideal supercapacitor? August 12th, 2014

Iranians Find Novel Method for Processing Highly Pure Ceramic Nanoparticles August 12th, 2014

Products

QuantuMDx announce prototype handheld lab for 15 minute malaria diagnosis and drug resistance testing April 23rd, 2014

Nanovations Sets new Benchmark in Automotive Windscreen Coating Durability: Nanovations new automotive glass coating Vision Protect, sets new benchmark in glass coating durability March 23rd, 2014

Tawada CleanTech to show fabric duct and eco cool coating in MegaBuild March 21st, 2014

NEI Introduces Self-healing Anti-corrosion Coating for Zinc-Plated and Galvanized Steel March 14th, 2014

Announcements

Tissue regeneration using anti-inflammatory nanomolecules August 22nd, 2014

A breakthrough in imaging gold nanoparticles to atomic resolution by electron microscopy August 22nd, 2014

Malvern’s Dr Alan Rawle talks TLAs in plenary lecture at Particulate Systems Analysis conference August 21st, 2014

Water window imaging opportunity: A new theoretical study elucidates mechanisms that could help in producing coherent radiations, ultimately promoting high-contrast imaging of biological samples August 21st, 2014

Energy

Chemical reaction yields "tapes" of porphin molecules: Flexible tapes from the nanoworld August 13th, 2014

Eco-friendly 'pre-fab nanoparticles' could revolutionize nano manufacturing: UMass Amherst team invents a way to create versatile, water-soluble nano-modules August 13th, 2014

“Active” surfaces control what’s on them: Researchers develop treated surfaces that can actively control how fluids or particles move August 6th, 2014

Used-cigarette butts offer energy storage solution August 5th, 2014

Automotive/Transportation

New Method Provides Nanoscale Details of Electrochemical Reactions in Electric Vehicle Battery Materials August 4th, 2014

A protecting umbrella against oxygen: Toward fuel cells built from renewable and abundant components - Scientists from Bochum und Mülheim report in NATURE Chemistry August 4th, 2014

Stanford researchers seek 'Holy Grail' in battery design: Pure lithium anode closer to reality with development of protective layer of interconnected carbon domes August 1st, 2014

Stanford team achieves 'holy grail' of battery design: A stable lithium anode - Engineers use carbon nanospheres to protect lithium from the reactive and expansive problems that have restricted its use as an anode July 27th, 2014

Battery Technology/Capacitors/Generators/Piezoelectrics/Thermoelectrics

Graphene may be key to leap in supercapacitor performance August 20th, 2014

Could hemp nanosheets topple graphene for making the ideal supercapacitor? August 12th, 2014

Cylinder scanning system used in the ZylScan-System of the Breitmeier Messtechnik Company August 5th, 2014

Used-cigarette butts offer energy storage solution August 5th, 2014

Alliances/Partnerships/Distributorships

Sunblock poses potential hazard to sea life August 20th, 2014

SouthWest NanoTechnologies Appoints Matteson-Ridolfi for U.S. Distribution of its SMW™ Specialty Multiwall Carbon Nanotubes August 13th, 2014

Could hemp nanosheets topple graphene for making the ideal supercapacitor? August 12th, 2014

On the frontiers of cyborg science August 10th, 2014

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







© Copyright 1999-2014 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE