ROMEOVILLE, Ill., Oct. 14 /PRNewswire-FirstCall/ -- Nanophase Technologies Corporation , a technology leader in nanomaterials and nanoengineered products, announced that the Company would assist BYK-Chemie, a company of ALTANA Chemie AG, during the International Coatings Exposition October 27-29 in Chicago, IL. During the exhibition and conference, BYK-Chemie plans to introduce its new product line: the NANOBYK series that incorporates Nanophase's nanoparticles into BYK-Chemie's additives for coatings, printing inks and plastics.
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BYK-Chemie, a market partner of Nanophase, and Nanophase jointly created the NANOBYK products. The first such products in the family, NANOBYK-3600 and NANOBYK-3601, were developed to improve the scratch and wear resistance in all types of UV-curable coatings.
During ICE 2004, Dr. Thomas Sawitowski, BYK-Chemie's Manager of Nanotechnology, and Dr. Roger Cayton, Nanophase Senior Scientist, are scheduled to make a joint presentation on nanomaterials and nanocomposites.
"We are excited to be co-presenting and assisting in the introduction of BYK-Chemie's new line of coating additives incorporating Nanophase's nanomaterials," stated Joseph Cross, Nanophase's president and CEO. "There has been considerable market interest and product testing already and we expect ICE 2004 to generate additional interest and opportunities for the NANOBYK products."
Nanophase Technologies (NANX), http://www.nanophase.com/ , provides nanoengineered solutions for multiple industrial product applications. Using a platform of patented and proprietary integrated nanomaterial technologies, the Company creates products with unique performance attributes from two ISO 9001:2000 facilities. Nanophase delivers commercial quantity and quality nanoparticles, coated nanoparticles, and nanoparticle dispersions in a variety of media. The Company owns or licenses 25 United States patents and patent applications and 49 foreign patents and patent applications. Information about Nanophase may be found in the Company's public filings or on its website. Other information on our website is not incorporated by reference into, and not be considered a part of, this press release.
BYK-Chemie is one of the world's leading suppliers in the field of paint and plastic additives with major markets in the USA, Europe, and the Far East. Additives are chemical substances that are used in the manufacture of coatings, printing inks and plastics. BYK-Chemie is a company of ALTANA Chemie AG, Wesel, Germany. ALTANA Chemie develops and produces high-quality, innovative products in the field of specialty chemicals.
This press release contains words such as "expects," "shall," "will," "believes" and similar expressions that are intended to identify forward-looking statements within the meaning of the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Such statements in this announcement are made based on the Company's current beliefs, known events and circumstances at the time of publication, and as such, are subject in the future to unforeseen risks and uncertainties that could cause the Company's results of operations, performance and achievements to differ materially from current expectations expressed in, or implied by, these forward-looking statements. These risk and uncertainties include the following: a decision by a customer to cancel a purchase order or supply agreement in light of the Company's dependence on a limited number of key customers; uncertain demand for, and acceptance of, the Company's nanocrystalline materials; the Company's manufacturing capacity and product mix flexibility in light of customer demand; the Company's limited marketing experience; changes in development and distribution relationships; the impact of competitive products and technologies; the Company's dependence on patents and protection of proprietary information; the resolution of litigation in which the Company may become involved; and other risks described in the Company's registration statement on Form 10-Q filed August 13, 2004 and other filings with the Securities and Exchange Commission. In addition, the Company's forward-looking statements could be affected by general industry and market conditions and growth rates. Except as required by federal securities laws, the Company undertakes no obligation to update or revise these forward-looking statements to reflect new events, uncertainties or other contingencies
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20030422/NANXLOGOAP Archive: http://photoarchive.ap.org/PRN Photo Desk, photodesk@prnewswire.com Nanophase Technologies Corporation
(Logo: http://www.newscom.com/cgi-bin/prnh/20030422/NANXLOGO )
BYK-Chemie, a market partner of Nanophase, and Nanophase jointly created the NANOBYK products. The first such products in the family, NANOBYK-3600 and NANOBYK-3601, were developed to improve the scratch and wear resistance in all types of UV-curable coatings.
During ICE 2004, Dr. Thomas Sawitowski, BYK-Chemie's Manager of Nanotechnology, and Dr. Roger Cayton, Nanophase Senior Scientist, are scheduled to make a joint presentation on nanomaterials and nanocomposites.
"We are excited to be co-presenting and assisting in the introduction of BYK-Chemie's new line of coating additives incorporating Nanophase's nanomaterials," stated Joseph Cross, Nanophase's president and CEO. "There has been considerable market interest and product testing already and we expect ICE 2004 to generate additional interest and opportunities for the NANOBYK products."
Nanophase Technologies (NANX), http://www.nanophase.com/ , provides nanoengineered solutions for multiple industrial product applications. Using a platform of patented and proprietary integrated nanomaterial technologies, the Company creates products with unique performance attributes from two ISO 9001:2000 facilities. Nanophase delivers commercial quantity and quality nanoparticles, coated nanoparticles, and nanoparticle dispersions in a variety of media. The Company owns or licenses 25 United States patents and patent applications and 49 foreign patents and patent applications. Information about Nanophase may be found in the Company's public filings or on its website. Other information on our website is not incorporated by reference into, and not be considered a part of, this press release.
BYK-Chemie is one of the world's leading suppliers in the field of paint and plastic additives with major markets in the USA, Europe, and the Far East. Additives are chemical substances that are used in the manufacture of coatings, printing inks and plastics. BYK-Chemie is a company of ALTANA Chemie AG, Wesel, Germany. ALTANA Chemie develops and produces high-quality, innovative products in the field of specialty chemicals.
This press release contains words such as "expects," "shall," "will," "believes" and similar expressions that are intended to identify forward-looking statements within the meaning of the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Such statements in this announcement are made based on the Company's current beliefs, known events and circumstances at the time of publication, and as such, are subject in the future to unforeseen risks and uncertainties that could cause the Company's results of operations, performance and achievements to differ materially from current expectations expressed in, or implied by, these forward-looking statements. These risk and uncertainties include the following: a decision by a customer to cancel a purchase order or supply agreement in light of the Company's dependence on a limited number of key customers; uncertain demand for, and acceptance of, the Company's nanocrystalline materials; the Company's manufacturing capacity and product mix flexibility in light of customer demand; the Company's limited marketing experience; changes in development and distribution relationships; the impact of competitive products and technologies; the Company's dependence on patents and protection of proprietary information; the resolution of litigation in which the Company may become involved; and other risks described in the Company's registration statement on Form 10-Q filed August 13, 2004 and other filings with the Securities and Exchange Commission. In addition, the Company's forward-looking statements could be affected by general industry and market conditions and growth rates. Except as required by federal securities laws, the Company undertakes no obligation to update or revise these forward-looking statements to reflect new events, uncertainties or other contingencies
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