England, Feb. 24 /PRNewswire/ -- Surface Technology
Systems plc (STS), (FTSE: SRTS), and Sumitomo Precision
Products Co., Ltd. (SPP) today announced its plans
to create a new professorial chair at the London Centre
for Nanotechnology (LCN) and the Department of Electronic
and Electrical Engineering at University College London
The new professorial appointment, will sit at the
LCN and work to strengthen the relationship between
STS and the educational organizations and pursue research
in a number of important areas. The role will be particularly
geared towards producing new nanotechnology devices,
materials and processes for a range of important applications.
This will enable a growing range of commercial, scientific,
engineering and biomedical applications and produce
real economic and societal impact through the creation
of new healthcare, IT and environmental products.
The chair has been endowed by STS and SPP and represents
an important Japanese investment into the UK. The
UK is particularly strong in the nanotechnology arena,
with the LCN a highly visible player leading some
of the UK's largest nano and bio-nano initiatives.
The LCN is also extremely well connected to the rest
of the world and so can be viewed as an international
hub -- particularly as it is the only center based
in a metropolis. This investment leverages and builds
on the LCN's existing strengths and combines them
with the substantial skills of STS and SPP in the
"Nanotechnology is widely acknowledged by the
technical, commercial and investment communities as
a key enabling technology of the future," said
Andrew Chambers, technology director at STS. "This
investment by STS in the professorial chair at LCN
will drive state-of-the-art research and place the
UK amongst the world leaders in this influential field."
In the last two years, Nanotechnology has attracted
strong investment and interest from both the private
and public sectors. Applications already developed
include the production of high performance materials
for aircraft and automobiles and the creation of synthetic
bone material for use in medical procedures where
natural bone has been damaged or removed.
The LCN is a brand new, UK-based multidisciplinary
research organization located in the heart of London's
West End. It is structured to form a bridge between
the physical and biomedical sciences, with a unique
strategy and clear focus on exploitation and commercialization.
A joint venture, the LCN brings together two of the
world's leading institutions in nanotechnology --
University College London and Imperial College London
-- in a unique operating model. The center offers
laboratory and office space that accesses the combined
skills of eight departments, including medicine, physics,
electrical and electronic engineering, materials and
earth science. The LCN conducts world-class research
in to the area of healthcare, information technology
and the environment.
About Surface Technology Systems plc
STS designs and manufactures a range of highly specialized
systems incorporating innovative technology used in
the production of semiconductors and semiconductor-related
devices and is a leader in plasma based etch and deposition
technologies for processing semiconductor materials.
STS serves a range of applications outside the 'mainstream'
semiconductor market in several emerging sectors within
the telecommunications, information technology and
new MEMS and Nanotechnology applications.
STS is the market leader in deep silicon etching for
the growing MEMS market, offering patent-protected
technology. In addition, STS has a strong presence
in each of its other served markets and distributes
its process solutions worldwide through an experienced
sales and service operation. The Group currently markets
in over 30 countries and has an installed base of
over 750 systems. For more information about STS please
see http://www.stsystems.com/ .
About Sumitomo Precision Products Co., Ltd.
SPP has expanded from their core field of aerospace
products into a diverse range of industrial markets,
such as heat exchangers and heat-control systems,
industrial machinery employing hydraulic control,
cryopumps, ozone generators and their own unique motion
sensors. Having begun supplying equipment for semiconductor
manufacturing in 1986, SPP purchased STS in 1995 and
currently retain approximately three quarters of the
shares after the flotation of STS on the London Stock
Exchange in 2000.
Source: Surface Technology Systems plc
Michelle Bourke of Surface Technology Systems, +44-1633-652438,
or firstname.lastname@example.org; or media, Mark
Button of Positio Public
Relations, +1-408-453-2400, or email@example.com, for
Web site: http://www.stsystems.com/