Nanotechnology Now

Our NanoNews Digest Sponsors



Heifer International

Wikipedia Affiliate Button


android tablet pc

Home > Press > Nano Research Creates New Products to Market

Abstract:
Two new Arkansas start-up companies have announced exclusive license agreements with UALR to bring to market patent-pending technology developed by the Universityfs Nanotechnology Center to provide anti-counterfeiting solutions for manufacturers.

Nano Research Creates New Products to Market

Little Rock, AR | Posted on September 22nd, 2010

The technology will enable companies and governmental organizations to authenticate items with an invisible and unique code „Ÿ one which is virtually impossible to replicate.

Provectus International LLC was founded last year to patent the technology developed by a team of scientists led by Dr. Alexandru S. Biris, chief scientist at UALRfs Nanotechnology Center, and to construct working prototypes and prepare for large-scale production of the product, a gmulti-level anti-counterfeit nanotaggant.h

The second company, NanoIMG, was formed this year to develop commercial test sites and relationships with customers and recently entered into an exclusive marketing and distribution agreement with Provectus. Jim Karrh, Ph.D. and former chief marketing officer with Mountain Valley Springs Co., now leads the marketing efforts of NanoIMG as its chief marketing officer.

The patent-pending product itself is a taggant, or marker, embedded with a code. Taggants are commonly used today in the form of radio frequency microchips, physical codes or chemical codes to identify and track individual items or groups of items. The technological advance announced today is based upon multiple layers of nanoparticles which are undetectable to the eye, fully customizable and extremely complex in their structure.

Because counterfeiting is an acute problem across so many industries, a truly effective solution must be applicable through a variety of physical forms. The nanotaggants available through the Provectus/NanoIMG partnership can be incorporated and applied to a product or its packaging through ink, paint, dissolved polymers or a variety of other materials. The companies are testing applications onto metals and even the use of nanotechnology with DNA.

gThis announcement demonstrates how we are able to bring together scientific and business expertise to drive market-ready innovation,h said Bernard Malone III, director of Technology Transfer of the UALR Office of Innovation and Commercialization. gThe technology has been vetted by some of the worldfs foremost experts in nanotechnology, while at the same time an experienced business team is ensuring the applications are viable.h

The product geared mainly towards supply chain logistic and distribution channels, offering wholesalers and retailers a diverse way to guarantee the authenticity of the products they receive from suppliers.

Counterfeit goods represent a direct cost of several hundred billion dollars each year to global businesses, plus significant risks to consumer safety and national security, the development teams are optimistic about the future applications of this technology.

The International Anti-Counterfeiting Coalition estimates the annual economic cost to be more than $600 billion per year, making counterfeit products one of the most pressing issues affecting global businesses. Industries such as pharmaceuticals, industrial parts, apparel, cosmetics, energy production, footwear, art and collectibles, consumer packaged goods and security documentation are particularly hard hit.

Direct costs include increased product failure rates, lost margins and incremental liability and insurance costs; less tangible yet still important costs include the loss of brand and corporate reputation, lower customer satisfaction, plus effects on consumer health and safety and even national security.

It the IT market, counterfeit gear accounts for an estimated 10 percent of the overall products market, putting many of the systems controlling functions such as air traffic, financial and telecommunications networks, military weaponry and intelligence gathering at significant risk.

NanoIMG can provide various types of meters for detecting nanotaggants at the point of assembly, sale or use. The company will also be able to maintain a secure database for the recognition gfingerprintsh of each tagged item or lot.

gOur teams are excited about the opportunities available, on many fronts,h said Karrh. gThese nanotaggants can help an enormous number of companies and organizations that are threatened every day by counterfeiting. We believe that our efforts will also lead to more research opportunities and high-value job creation here in central Arkansas.h

####

For more information, please click here

Contacts:
Jim Karrh
501-247-8257

Copyright © University of Arkansas at Little Rock

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 Links

NanoIMG

Related News Press

News and information

Switching to spintronics: Berkeley Lab reports on electric field switching of ferromagnetism at room temp December 17th, 2014

ORNL microscopy pencils patterns in polymers at the nanoscale December 17th, 2014

Unraveling the light of fireflies December 17th, 2014

First Home-Made Edible Herbal Nanodrug Presented to Pharmacies across Iran December 17th, 2014

Law enforcement/Anti-Counterfeiting/Security/Loss prevention

Fraud-proof credit card possible because of quantum physics December 16th, 2014

Longhorn beetle inspires ink to fight counterfeiting November 5th, 2014

Better bomb-sniffing technology: University of Utah engineers develop material for better detectors November 4th, 2014

Superconducting circuits, simplified: New circuit design could unlock the power of experimental superconducting computer chips October 18th, 2014

Products

NEI introduces NANOMYTE® SuperAi, a Durable Anti-ice Coating December 4th, 2014

Biosenta Inc. Updates New Household Disinfectant Testing Results; It Kills 100% of a Broad Range of Deadly Molds, Fungi, Bacteria, and Viruses, Including Ebola and Enterovirus D68 November 20th, 2014

NEI Development Update on NANOMYTE® TC-5001, a Protective Coating for Zinc-Plated and Galvanized Steel November 8th, 2014

HZO Teams With Deutsche Telekom to Unveil the Waterproof Tolino Vision 2 eReader: The New HZO Protected eReader Ushers in a New Era of Waterproof Electronics, Providing a Seamless User Experience Without the Risk of Using Port Doors and Mechanical Seals October 10th, 2014

Academic/Education

SUNY Poly NanoCollege Faculty Member Selected as American Physical Society Fellow: SUNY Poly Associate Professor of Nanoscience Dr. Vincent LaBella Recognized for Significant Technological Innovations that Enable Interactive Learning December 17th, 2014

Nanomedicine expert joins Rice faculty: Gang Bao combines genetic, nano and imaging techniques to fight disease December 17th, 2014

FEI and Oregon Health & Science University Install a Complete Correlative Microscopy Workflow in Newly Built Collaborative Science Facility December 16th, 2014

Student Nanotechnology Laboratories Network Set Up in Iran December 15th, 2014

Announcements

Switching to spintronics: Berkeley Lab reports on electric field switching of ferromagnetism at room temp December 17th, 2014

ORNL microscopy pencils patterns in polymers at the nanoscale December 17th, 2014

Unraveling the light of fireflies December 17th, 2014

First Home-Made Edible Herbal Nanodrug Presented to Pharmacies across Iran December 17th, 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