PROVIDENCE, R.I., May 18 /PRNewswire/ -- Solaris Nanosciences, developer and
manufacturer of nanomaterials to significantly enhance optical response in large
market applications, today announces that the World Gold Council is providing
funding to pursue Solaris' anisotropic gold nanorod technology for improved
Liquid Crystal Displays (LCDs). These nanoscale rod structures, or nanorods,
when incorporated into liquid crystals are expected to improve display viewing
angle performance of televisions, mobile phones and cameras. The same technology
could help to restore the vision of people suffering from retinal diseases.
"We are excited to be working with the support of
the World Gold Council in this application of our
nanomaterials for improved LCDs," said Dr. Nabil
M. Lawandy, CEO of Solaris Nanosciences. "The funding
will accelerate the commercialization of our nanostructure
additives for higher performance displays. This effort
will also directly benefit the development of our
gold- based materials for restoring visual acuity
in patients suffering from retinal diseases such
as age-related macular degeneration (AMD)."
The LCD market, which includes displays for televisions,
cellular handsets, cameras and medical equipment,
has grown significantly over the last ten years.
Despite market success, however, one of the major
drawbacks of current LCD technology is degradation
of image and color beyond certain viewing angles.
As LCDs are based on altering the phase of a light
wave and not absorption of light, they appear to
have a different color depending on the angle from
which they are viewed.
Solaris has developed a new gold-based additive
that can create a LCD with an absorptive response
that allows liquid display materials to absorb light.
The use of gold for this application is an absolute
necessity. Gold is non- toxic, inert, does not degrade
in sunlight and has the ideal optical parameters
to create the required colors for visible display
As part of the same research program, Solaris Nanosciences
is developing biologically active gold-based nanostructures
to help restore vision of people affected by Macular
Degeneration and Diabetic Retinopathy, diseases which
collectively affect 50 million people worldwide.
Current therapies do not restore vision, and are
aimed at only slowing down the progression of the
"Supporting the development of new technologies
based on gold will lead to important new applications
for the metal in industry," said Dr Richard Holliday,
Industrial Sector Manager of the World Gold Council. "Solaris
Nanosciences has a powerful nanotechnology platform
and an experienced team to successfully commercialize
this technology. This will lead to exciting new applications
for gold in electronic products."
The current industrial demand for gold is around
350 to 400 tonnes a year, accounting for just ten
per cent of global gold demand. This is a very low
figure when compared to other precious metals, including
platinum, palladium and silver. The World Gold Council
believes that by supporting research and feasibility
studies of the role gold can play in new technology,
it will help to raise awareness of its unique properties
and boost industrial demand.
Solaris is pursuing the application of its scalable,
consumable nanoantenna platform to provide unique
benefits to several large industry sectors. Solaris
Nanosciences is applying its nanotechnology patent
portfolio to become a leading manufacturer and licensor
of nano-materials and the supporting technology.
The company is pursuing three major applications
of its nanoantenna platform technology: advanced
materials for photovoltaics, additives for liquid
crystal displays and nanostructures for improving
vision for medical and military applications. For
additional information on Solaris and its technologies,
visit http://www.solarisnano.com .
World Gold Council
The World Gold Council (WGC), a commercially-driven
marketing organization, is funded by the world's
leading gold mining companies. A global advocate
for gold, the WGC aims to promote the demand for
gold in all its forms through marketing activities
in major international markets. For further information,
visit http://www.gold.org .
Contact: Joshua J. Mandel Director, Business Development firstname.lastname@example.org 401-351-6300
Contact: Anita Saunders Head of Public Relations,
World Gold Council Anita.email@example.com +44
20 7826 4716
Source: Solaris Nanosciences