Corporate | 18 March 2009 08:10
Nanostart AG / Miscellaneous Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. ---------------------------------------------------------------------- Nanostart-Holding NanoGram Corporation and Teijin Limited Enter Technology Development Agreement Frankfurt / Milpitas, CA - March 18, 2009 - Nanostart-holding NanoGram Corporation announced that it has entered into a technology development agreement (TDA) with Teijin Limited to further develop NanoGram's printed silicon ink. The TDA will focus on extending NanoGram's printed silicon ink technology for use with Teijin's flexible substrates. The ink-substrate package targets light, flexible and printed electronics applications including flat panel display backplanes and thin film photovoltaics (TFPV). Flexible displays and TFPV represent a next generation growth opportunity within already compelling industries. According to DisplaySearch, the display market is expected to reach 2B in 2013. The Prometheus Institute recently targeted TFPV to represent 40 percent of the overall photovoltaics market by 2012. 'Our new relationship with Teijin speaks to NanoGram's mission of providing low-cost, high performance silicon solutions for energy and electronics,' said NanoGram President and CEO Dr. Kieran Drain. 'This TDA is an important next step in the realization of printed silicon electronics.' 'We are excited to be working jointly with NanoGram to develop flexible energy and electronics utilizing Teijin's market-leading substrates,' said Teijin Group Executive Officer Kenji Kubo. 'Integration of silicon on plastics promises to open new large markets.' NanoGram's silicon inks are designed to fulfill a much sought-after need within the printed electronics toolkit - that of a printable semiconductor capable of exceeding incumbent silicon transistor performance. The inks leverage NanoGram's laser pyrolysis-based Nanoparticle Manufacturing (NPM(TM)) process for high volume production of crystalline silicon nanoparticles. 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 NanoGram Corporation: NanoGram Corporation is a pioneer and leading Cleantech solutions provider that enables customers and partners to realize product and system performance previously thought impossible. NanoGram develops, manufactures, and sells silicon-based photovoltaics as well as advanced nanomaterials, process technologies, and production tools for optical, electronic and energy products. NanoGram also offers complete licensing packages that include proven materials production processes, surface modification and dispersion technologies, process transfer expertise, and ongoing support. For further information about the company, please visit www.nanogram.com. About Teijin Limited: Teijin is a global technology-driven group. Teijin Limited is listed on the Tokyo and Osaka stock exchanges and has a market capitalization of USD 4.1 billion. The company had consolidated sales of USD 10.3 billion in fiscal 2007, and employs approximately 19,000 people worldwide. For further information about the company, please visit www.teijin.co.jp. 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. Media contact: Nanostart AG Public Relations Dr. Hans Joachim Dürr Goethestrasse 26-28 D-60313 Frankfurt Germany phone: +49 (0)69-21 93 96 111 fax: +49 (0)69-21 93 96 122 e-mail: presse@nanostart.de 18.03.2009 Financial News transmitted by DGAP ----------------------------------------------------------------------