Nanotechnology Now

Our NanoNews Digest Sponsors





Heifer International

Wikipedia Affiliate Button


android tablet pc

Home > Press > Shrink Nanotechnologies Acquires PowerSkin(TM) Trademark From NASDAQ National Market Company, Millennium Cell, Bankruptcy Estate

Abstract:
Patent Pending Quantum Dot Solar Concentrator Products Designed to "Solarize" Everyday Building Surfaces Like Windows, Roofs and Home Siding to Be Branded Under the Name PowerSkin(TM)

Shrink Nanotechnologies Acquires PowerSkin(TM) Trademark From NASDAQ National Market Company, Millennium Cell, Bankruptcy Estate

Carlsbad, CA | Posted on May 3rd, 2010

Shrink Nanotechnologies, Inc. ("Shrink") (OTCBB:INKN)(OTCBB:INKND), an innovative nanotechnology company developing products and licensing opportunities in the solar energy production, medical diagnostics and sensors and biotechnology research and development tools businesses, announced today that it has received notification that it has purchased the PowerSkin(TM) trademarks from the bankruptcy estate associated with the Millennium Cell (NASDAQ:MCEL). Pending additional clearances from the US Patent & Trademark Office, Shrink will market its Quantum Dot Solar Concentrator technologies, which enhances existing silicon-based photovoltaic (PV) systems and the ability for these systems to absorb sunlight and convert it to electricity, under the name PowerSkin(TM).

"The core solar concentrator technology we have been developing at Shrink over the past few years is one that we believe has the ability to change the way people think about everyday building products like windows, as an example. Imagine a window that produces power. Imagine an electric vehicle that is re-charged from a solar window that is absorbing the sun's rays while the owner of the vehicle is working. Or imagine a flat panel crystalline silicon solar panel array that produces critical additional power because it had a low cost PowerSkin(TM) panel attached to it that enabled the overall system to increase its efficiency to the point where the over payback from the power produced made the system made more economic sense from Day 1. At Shrink, we believe that our quantum dot solar concentrator systems have this promise -- without the reliance on mirrors, a lens or a tracking device -- a completely non-optical system. And going forward, as a result of this most recent intellectual property acquisition, all Shrink Solar, LLC solar concentrator products and technologies will be branded under the PowerSkin(TM) brand," stated Mark L. Baum, CEO of Shrink Nanotechnologies, Inc.

Baum added, "Our management team is particularly excited about this acquisition; however, we are even more impressed with the additional opportunities we have seen and which we continue to actively conduct due diligence on in the marketplace for distressed alternative energy assets, products and technologies which we believe may be utilized in furtherance of our solar operating unit, Shrink Solar's, mission to integrate our technologies into existing solar powered rooftop applications, residential and commercial windows and additional "low hanging fruit" applications so that our country gains energy independence, a critical national imperative. We will continue to update our loyal shareholders and the marketplace to the extent we decide to make additional moves in this ever fluid merger and acquisition environment for intellectual property and valuable under-priced alternative energy assets."

Statements contained herein that are not historical facts may be forward-looking statements within the meaning of the Securities Act of 1933, as amended. Forward-looking statements include statements regarding the intent, belief or current expectations of the Company and its management. Such statements are estimates only. Actual results may differ materially from those anticipated in this press release. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to Shrink's ability to obtain additional financing, secure defendable patent rights, to build and develop markets for Shrink's technologies and products and to finalize a commercial-ready solar concentrator product. These factors should be strongly considered when making a decision to acquire or maintain a financial interest in Shrink, including consulting with a FINRA registered representative prior to making such decision. Shrink undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in Shrink's expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact Shrink's success are more fully disclosed in Shrink's most recent public filings with the U.S. Securities and Exchange Commission.

####

About Shrink Nanotechnologies
Shrink is a first of its kind FIGA(TM) organization. FIGA companies bring together diverse contributions from leaders in the worlds of finance, industry, government and academia. Shrink's technologies and solutions, including its diverse advanced plastic 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 research tools and biotechnology device markets. The Company's products are based on a pre-stressed plastic called NanoShrink(TM), and on a patent-pending manufacturing process called the ShrinkChip Manufacturing Solution(TM). 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 numerous significant markets.

To learn more about Shrink Nanotechnologies, Inc. or to download the most up-to-date shareholder kit, please visit at www.shrinknano.com and www.shrinksolar.com.

About Shrink Solar, LLC
Using Shrink Solar's patent-pending nanocrystal-based technology, Shrink enhances silicon's ability to absorb sunlight and convert it to electricity. Shrink's non-optical systems are a first-in-class solar concentrator that can boost energy production from legacy silicon PV systems by optimizing the light for absorption by silicon. A newly formed Renewable Energy Team, comprising distinguished academic and industry collaborators, will provide dedicated management support. For more information on Shrink Solar LLC, a subsidiary of Shrink Nanotechnologies, Inc., please visit www.shrinksolar.com.

For more information, please click here

Contacts:
For Shrink Nanotechnologies
Mark L. Baum, Esq.
760-804-8844 x205

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

Nano-supercapacitors for electric cars July 25th, 2014

New imaging agent provides better picture of the gut July 25th, 2014

Breakthrough laser experiment reveals liquid-like motion of atoms in an ultra-cold cluster: University of Leicester research team unlocks insights into creation of new nano-materials July 25th, 2014

Scientists Test Nanoparticle "Alarm Clock" to Awaken Immune Systems Put to Sleep by Cancer July 25th, 2014

Announcements

Nano-supercapacitors for electric cars July 25th, 2014

New imaging agent provides better picture of the gut July 25th, 2014

Breakthrough laser experiment reveals liquid-like motion of atoms in an ultra-cold cluster: University of Leicester research team unlocks insights into creation of new nano-materials July 25th, 2014

Scientists Test Nanoparticle "Alarm Clock" to Awaken Immune Systems Put to Sleep by Cancer July 25th, 2014

Patents/IP/Tech Transfer/Licensing

Silicene Labs Announces the Launch of Patent-Pending, 2D Materials Composite Index™ : The Initial 2D Materials Composite Index™ for Q2 2014 Is: 857.3; Founders Include World-Renowned Physicist and Seasoned Business and IP Professionals July 24th, 2014

UCF Nanotech Spinout Developing Revolutionary Battery Technology: Power the Next Generation of Electronics with Carbon July 23rd, 2014

Bruker Awarded Fourth PeakForce Tapping Patent: AFM Mode Uniquely Combines Highest Resolution Imaging and Material Property Mapping July 22nd, 2014

Rice's silicon oxide memories catch manufacturers' eye: Use of porous silicon oxide reduces forming voltage, improves manufacturability July 10th, 2014

Energy

Oregon chemists eye improved thin films with metal substitution: Solution-based inorganic process could drive more efficient electronics and solar devices July 21st, 2014

Steam from the sun: New spongelike structure converts solar energy into steam July 21st, 2014

3-D nanostructure could benefit nanoelectronics, gas storage: Rice U. researchers predict functional advantages of 3-D boron nitride July 15th, 2014

Nanotechnology that will impact the Security & Defense sectors to be discussed at NanoSD2014 conference July 8th, 2014

Quantum Dots/Rods

Researchers create quantum dots with single-atom precision June 30th, 2014

New Los Alamos Approach May Be Key to Quantum Dot Solar Cells With Real Gains in Efficiency: Nanoengineering Boosts Carrier Multiplication in Quantum Dots June 19th, 2014

MIPT-based researcher predicts new state of matter June 17th, 2014

Technology using microwave heating may impact electronics manufacture June 10th, 2014

Solar/Photovoltaic

Steam from the sun: New spongelike structure converts solar energy into steam July 21st, 2014

Making dreams come true: Making graphene from plastic? July 2nd, 2014

Shrinky Dinks close the gap for nanowires July 1st, 2014

New Study Raises Possibility of Production of P-Type Solar Cells July 1st, 2014

Construction

Silicene Labs Announces the Launch of Patent-Pending, 2D Materials Composite Index™ : The Initial 2D Materials Composite Index™ for Q2 2014 Is: 857.3; Founders Include World-Renowned Physicist and Seasoned Business and IP Professionals July 24th, 2014

Iranian Researchers Produce Protein Nanoparticles from Chicken Feather June 11th, 2014

Scientists Produce Self-Cleaning Coatings on Glass Substrate March 17th, 2014

Iran Applying Nanotechnology in Growing Number of Industries March 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