Frankfurt / Palo Alto, CA. – September 3, 2010 – Nanostart-holding Nanosys announced the opening of a new subsidiary, Nanosys Korea, Inc. with facilities in the provincial capital city of Suwon in Gyeonggi-do, Korea. Nanosys Korea will continue the development of architected materials for electronics manufacturers and support the company's growing Korean and Asian customer base.
This year, Nanosys commercialized its quantum dot technology with the QuantumRail(TM), a process-ready component that improves LED backlit display color gamut and efficiency, and has announced partnerships with LG Innotek and Samsung Electronics. The company is currently working with major battery manufacturers to improve lithium-ion battery capacity using its SiNANOde(TM), a silicon composite material that can increase battery cell capacity by up to 40 percent. SiNANOde(TM)–enhanced batteries will be available to consumers in 2011.
“Samsung Electronics and LG Innotek have demonstrated the visionary nature of the Korean electronics industry by adopting new architected material solutions that deliver exponential performance results,” said Jason Hartlove, CEO of Nanosys. “Nanosys Korea will allow us to meet our customers' needs for architected materials and to expand our presence in Asia.”
About Nanostart:
Nanostart AG is the world’s leading nanotechnology investment company. The Frankfurt-based company provides venture capital financing for nanotechnology companies in various growth phases. It also provides the benefits of its experience and expertise to developers of financial instruments and to investors in the nanotechnology sector. For further information about the company, please visit www.nanostart.de.
About Nanosys:
Nanosys, Inc. is a leader in the development of nanotechnology enabled products utilizing high performance inorganic nanostructures. Nanosys has built one of the broadest technology platforms in the industry with over 650 patents and patent applications covering fundamental areas of nanotechnology. Based in Palo Alto, California and privately held, Nanosys collaborates with industry leaders to develop revolutionary high-value, high-performance products for the life sciences, computing, lighting, renewable energy, and defense industries. Additional information on Nanosys can be found at www.nanosysinc.com.
Disclaimer:
This notice constitutes neither an offer to sell nor a solicitation of offers to purchase or subscribe to securities. There will be no public offering of securities of Nanostart AG in conjunction with the existing listing of its shares in the “Entry Standard” segment of the regulated unofficial market (Freiverkehr) on the Frankfurt Stock Exchange. This notice does not constitute a securities prospectus. Neither this notice nor the information contained within is intended for direct or indirect distribution within the United States of America, Canada, Australia or Japan.
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