Nanotechnology Now

Our NanoNews Digest Sponsors





Heifer International

Wikipedia Affiliate Button


DHgate

Home > Press > Shrink Nanotechnologies Sets 2010 Agenda for Business Milestones

Abstract:
Proprietary "Platform" Material NanoShrink™ Has Game-Changing Applications with Impacts across Solar, Biotechnology & Medical Diagnostics Industries

Company Rapidly Progressing Toward Commercialization of Products & Signing Agreements with Leading Manufacturing & Distribution Multi-Nationals

Shrink Nanotechnologies Sets 2010 Agenda for Business Milestones

Carlsbad, CA | Posted on February 2nd, 2010

Shrink Nanotechnologies, Inc. ("Shrink") (OTCBB: INKN), an innovative nanotechnology company developing products and licensing opportunities in the solar energy production, biotechnology research and development tools and medical diagnostics businesses, today outlined key milestones for 2010, which are expected to have a significant impact on the solar, biotechnology and medical diagnostics industries. The underlying technology for all the products the company designs, prototypes and manufactures is a proprietary, patent-pending plastic substrate material called NanoShrink. And this year, the company is rapidly progressing toward the commercialization of products and signing agreements with leading manufacturing and distribution multi-nationals.

"Our first objective once we developed this revolutionary NanoShrink technology - because it had so many applications across various industries - was to determine which sectors had the largest opportunities, offered the greatest growth potential, and had the biggest return on investment for all shareholders of Shrink," said Mark L. Baum, CEO of Shrink Nanotechnologies. "This led us to focus our efforts on the solar, biotechnology and medical diagnostics industries, where we have the strongest intellectual property protection, and where we believe we could make a unique and high value-added contribution. In 2010, we expect to take the innovations we have developed from the lab to commercialization, where they will help change people's daily lives."

Shrink is already in various stages of discussions with leading manufacturers and distributors to bring products in each of its core categories to market in 2010. Management has received positive feedback from large multi-nationals, who are looking to collaborate with Shrink on manufacturing, marketing and distribution. Some of the products being discussed include OptiSol™ (solar technology), StemDisc™ (biotechnology tools) and MetalFluor™ (medical diagnostics).

Products on their way to market

The OptiSol Solar Concentrator is a first-of-its-kind nanotechnology-based plastic solar concentrator and film. Based on electromagnetic non-optical principles, OptiSol enhances the capabilities and efficiency of existing solar cell designs by focusing and tuning the incident solar radiation from the sun for optimal silicon absorption, with less of the total spectrum lost as heat or reflection. In the second quarter of 2010, the Company expects to unveil an initial working prototype and discuss its efficiency as well as potential scaled cost per watt calculation. Because the technology can be easily incorporated into various residential and commercial construction materials, such as roofing, siding, and windows, Shrink is working to establish relationships with leading product design and manufacturing entities in those categories. It expects to have licensing and joint distribution agreements with strategic manufacturing partners in 2010.

In the biotechnology space, the StemDisc and CellAlign family of products are an important biotechnology and stem cell research tool for scientists working to eradicate some of the world's most medically troubling conditions using the most leading-edge methods of treatment. One version of StemDisc aids in embryoid body (EB) formation. It also allows for a multitude of applications across many currently existing microwell plate formats, thereby increasing the flexibility of use for researchers. Currently, Shrink is working on an agreement to develop dyes and molds for scalable commercial quality initial StemDisc devices. During the first quarter, Shrink expects to provide potential distribution partners with devices to test and shortly thereafter it expects to begin manufacturing product and distributing it through a multi-national distributor.

MetalFluor is an innovative technology for the medical diagnostics field that is designed to inexpensively increase the sensitivity of fluorescence-based diagnostic tests. Shrink is in discussions to integrate its MetalFluor technology with existing leading diagnostic sensor platforms, replacing quartz, silicon, and other glass substrates used in products that measure fluorescent signals. Shrink's technology has the potential to greatly increase the sensitivity of luminescent based assays, enough to allow low-cost light detectors to be used, enabling more portable instrumentation for point-of-care (POC) testing. POC applications include environmental and medical (human and animal) diagnostics.

Learn more about Shrink Nanotechnologies, Inc. and download the most up-to-date shareholder kit at www.shrinknano.com as well as www.shrinksolar.com.

####

About Shrink Nanotechnologies
Shrink is a first of its kind FIGA™ organization. FIGA companies are “for profit” businesses that bring together diverse contributions from leaders in the worlds of finance, industry, government and academia. Shrink’s solutions, including its diverse polymer substrates, nano-devices and biotech research tools, among others, are designed to be ultra-functional and mechanically superior in the solar energy, environmental detection, stem cell and biotechnology markets. The Company’s products are based on proprietary material, a pre-stressed plastic called NanoShrink™, and on their patent-pending manufacturing process called the ShrinkChip Manufacturing Solution™. Shrink’s unique materials and manufacturing solution represents a new paradigm in the rapid design, low-cost fabrication and manufacture of nano-scale devices for the markets they serve.

For more information, please click here

Contacts:
Sharon Oh
Account Executive
Brainerd Communicators - New York | San Francisco
521 Fifth Avenue, 8th Floor | New York, NY 10175
tel 212.986.6667
direct 212.739.6739
fax 212.976.8302

Copyright © Shrink Nanotechnologies

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

Small but heading for the big time: Nanobiotix half year results for the six months ended 30 June 2015, in line with expectations: Major clinical achievements and corporate developments August 28th, 2015

A new technique to make drugs more soluble August 28th, 2015

Nanocatalysts improve processes for the petrochemical industry August 28th, 2015

Nanolab Technologies LEAPS Forward with High-Performance Analysis Services to the World: Nanolab Orders Advanced Local Electrode Atom Probe (LEAP®) Microscope from CAMECA Unit of AMETEK Materials Analysis Division August 27th, 2015

Nanomedicine

Small but heading for the big time: Nanobiotix half year results for the six months ended 30 June 2015, in line with expectations: Major clinical achievements and corporate developments August 28th, 2015

A new technique to make drugs more soluble August 28th, 2015

These microscopic fish are 3-D-printed to do more than swim: Researchers demonstrate a novel method to build microscopic robots with complex shapes and functionalities August 26th, 2015

Glitter from silver lights up Alzheimer's dark secrets August 25th, 2015

Announcements

Small but heading for the big time: Nanobiotix half year results for the six months ended 30 June 2015, in line with expectations: Major clinical achievements and corporate developments August 28th, 2015

A new technique to make drugs more soluble August 28th, 2015

Nanocatalysts improve processes for the petrochemical industry August 28th, 2015

Nanolab Technologies LEAPS Forward with High-Performance Analysis Services to the World: Nanolab Orders Advanced Local Electrode Atom Probe (LEAP®) Microscope from CAMECA Unit of AMETEK Materials Analysis Division August 27th, 2015

Tools

Nanolab Technologies LEAPS Forward with High-Performance Analysis Services to the World: Nanolab Orders Advanced Local Electrode Atom Probe (LEAP®) Microscope from CAMECA Unit of AMETEK Materials Analysis Division August 27th, 2015

Nanometrics to Participate in the Citi 2015 Global Technology Conference August 26th, 2015

50 Years of Scanning Electron Microscopy from ZEISS: ZEISS celebrates the birth of the first commercial scanning electron microscope in 1965 August 26th, 2015

Announcing Oxford Instruments and School of Physics signing a Memorandum of Understanding August 26th, 2015

Environment

Successful boron-doping of graphene nanoribbon August 27th, 2015

Iranian Scientists Utilize Nanomembranes to Purify Wastewater of Olive Oil Plants August 20th, 2015

'Diamonds from the sky' approach turns CO2 into valuable products August 19th, 2015

Sonocatalysts Able to Purify Organic Pollutants of Wastewater August 19th, 2015

Energy

Nanocatalysts improve processes for the petrochemical industry August 28th, 2015

Nanotechnology that will impact the Security & Defense sectors to be discussed at NanoSD2015 conference August 25th, 2015

Industrial Nanotech, Inc. Provides Update On Hospital Project, PCAOB Audit, and New Heat Shield™ Line August 24th, 2015

Novel nanostructures for efficient long-range energy transport August 21st, 2015

Nanobiotechnology

Small but heading for the big time: Nanobiotix half year results for the six months ended 30 June 2015, in line with expectations: Major clinical achievements and corporate developments August 28th, 2015

Nanotechnology that will impact the Security & Defense sectors to be discussed at NanoSD2015 conference August 25th, 2015

Louisiana Tech University researchers discover synthesis of a new nanomaterial: Interdisciplinary team creates biocomposite for first time using physiological conditions August 24th, 2015

How UEA research could help build computers from DNA August 19th, 2015

Alliances/Trade associations/Partnerships/Distributorships

National Space Society Welcomes Janet Ivey As New NSS Governor: Janet Ivey of Janet's Planet is NOW IN ORBIT as a member of the Board of Governors of the National Space Society August 27th, 2015

National Space Society Welcomes Geoff Notkin As New NSS Governor August 26th, 2015

XEI Scientific appoints EM Resolutions as Distributor for the UK & Irish markets August 11th, 2015

Omni Nano and Time Warner Cable Partner to Provide Nanotechnology Education to the Boys & Girls Clubs of Los Angeles: A $10,000 Donation to Benefit Youth of Los Angeles County's Boys & Girls Clubs August 4th, 2015

New-Contracts/Sales/Customers

Nanolab Technologies LEAPS Forward with High-Performance Analysis Services to the World: Nanolab Orders Advanced Local Electrode Atom Probe (LEAP®) Microscope from CAMECA Unit of AMETEK Materials Analysis Division August 27th, 2015

Conformal transfer of graphene for reproducible device fabrication August 11th, 2015

Liquipel Debuts Eyesight-Saving ION-Glass Blue Light Protection for iPhones and Androids at RadioShack Stores Nationwide: Liquipel's Unique Protective Screen, Available at RadioShack, Cuts Harmful Blue Light Implicated in Macular Degeneration by 10x July 28th, 2015

Dais Analytic's Business Affiliate in China Announces Ten-Year Strategic Energy Efficiency Business Arrangement With COFCO: Dais Beijing to Perform Feasibility Study on Over 80 Buildings to Improve Efficiencies as Part of Overall Hotel Energy-Savings Project July 23rd, 2015

Solar/Photovoltaic

CWRU researchers efficiently charge a lithium-ion battery with solar cell: Coupling with perovskite solar cell holds potential for cleaner cars and more August 27th, 2015

Novel nanostructures for efficient long-range energy transport August 21st, 2015

Charge transport in hybrid silicon solar cells August 17th, 2015

Nano Electrolyte Additives Increase Efficiency of Solar Cells August 10th, 2015

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