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Nanotech leader Ecology Coatings Launches Licensing Program for Liquid Nanotechnology

 

Akron, Ohio ­ April 11, 2005 ­ Ecology Coatings the leading developer of liquid 100 percent solids, ultra-violet curable, nano-engineered coatings technology for automotive, industrial, electronic and medical applications, today announced its new licensing program. In this new coatings technology all liquid components are transformed into the final solid film, without the use of water or solvents as carriers. Nano-materials disperse evenly and maintain suspension through cure, which occurs in seconds under ultra-violet light rather than heat, with excellent adhesion to metals, polymers and composites.

This newly termed " liquid nanotechnology "will facilitate exciting new electronic technologies and enable dramatic process efficiencies in existing industrial applications. With extensive application expertise and broad intellectual property in the field, Ecology Coatings¹ product line is now being licensed to an expanded list of strategic partners.

Sally Ramsey, chief chemist and founder of Ecology Coatings stated, "Our nano-engineered coatings have increased moisture resistance, abrasion resistance, and hiding power. In addition, the rheological characteristics are greatly enhanced, allowing for application in previously impossible configurations. Using nanotechnology maintains low viscosities while allowing for high levels of particle loading without loss of optical clarity. This permits precision application of these high performance coatings on a variety of products from heavy-duty automotive components to temperature sensitive OLED displays."

"Through this new licensing program, our Œliquid nanotechnology¹ will be manufactured and distributed through existing channels, allowing our technology to impact products and markets across a wider range of applications and geography,² said Rich Stromback, Ecology Coating¹s chief executive officer. ³This will also enable rapid deployment of our technology and facilitate growth for Ecology Coatings and our partners."

About Ecology Coatings
Ecology Coatings is the world leader in the development of nano-engineered, liquid 100 percent solids, ultra-violet curable coatings. Using a platform of integrated nano-material technologies, the company creates proprietary coatings with unique performance attributes. Ecology collaborates with industry leaders to develop revolutionary high-value, high-performance coatings for military, automotive, industrial, electronic and medical applications. The privately held company based in Akron, Ohio, has built an intellectual-property portfolio of over 15, internally developed, patent applications.

For more information please visit the company's website at www.ecologycoatings.com <http://www.ecologycoatings.com/> .

For licensing inquiries contact Jill Stromback js@ecologycoatings.com, 330-633-3500.


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