Nanotechnology Now - Press Release: "NanoInk Announces Joint Research & Licensing Agreements with Prestigious Universities"

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Abstract:
NanoInk to collaborate with the UK Centre for Tissue Engineering at the University of Liverpool and the Centre of Molecular NanoMetrology at the University of Strathclyde

NanoInk Announces Joint Research & Licensing Agreements with Prestigious Universities

Skokie, IL | Posted on March 30th, 2009

NanoInk's NanoStem Cell Division announced today it has entered into joint research and licensing agreements with the UK Centre for Tissue Engineering (UKCTE) at the University of Liverpool in Liverpool, England, and the Centre of Molecular NanoMetrology at the University of Strathclyde in Glasgow, Scotland, for the development of modified surfaces for manipulation of stem cell differentiation. Dr. John Hunt at the UKCTE at the University of Liverpool and Dr. Duncan Graham at the Centre of Molecular NanoMetrology at the University of Strathclyde will act as principal investigators for the collaboration.

"We are extremely excited to join forces with these two esteemed institutions," said Jim Hussey, chief executive officer of NanoInk. "We are eager to pursue the commercial potential of using nanotechnology to control stem cell function, particularly in the area of regenerative medicine. Each organization brings a distinct area of expertise to the process and it is our hope that the knowledge we obtain through our collaborative approach will propel our stem cell application and capabilities in the area of regenerative medicine."

In January 2009, NanoInk launched the NanoStem Cell Division, which is aimed at providing a highly reliable, renewable source of differentiated adult stem cells. Leveraging NanoInk's proprietary Dip Pen Nanolithography® (DPN®) technology, it is now possible to produce differentiated homogenous stem cell populations which will lead to faster and more efficient drug discovery and development processes, with substantial cost savings. For more information about the NanoStem Cell Division, see www.nanoink.net/NanoStem_about.htm.

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About NanoInk
NanoInk, Inc. is an emerging growth technology company specializing in nanometer-scale manufacturing and applications development for the life science and semiconductor industries. Using Dip Pen Nanolithography® (DPN®), a patented and proprietary nanofabrication technology, scientists are enabled to rapidly and easily create nanoscale structures from a wide variety of materials. This low cost, easy to use and scalable technique brings sophisticated nanofabrication to the laboratory desktop. Located in the new Illinois Science + Technology Park, north of Chicago, NanoInk currently has over 140 patents and applications filed worldwide and has licensing agreements with Northwestern University, Stanford University, University of Strathclyde, University of Liverpool, California Institute of Technology and the University of Illinois at Urbana-Champaign. For more information on products and services offered by NanoInk, Inc., see www.nanoink.net.

NanoInk, the NanoInk logo, Dip Pen Nanolithography and DPN are trademarks or registered trademarks of NanoInk, Inc.

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Contacts:
David Gutierrez
Dresner Corporate Services
312-780-7204

Jennifer Jameson
Dresner Corporate Services
312-780-7241

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