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First Nano launches
New Business in Nanotechnology
Santa Barbara, CA, June 2003 –
First Nano is pleased to announce the acquisition of the EasyTube‘
product, a system for carbon nanotube synthesis, from NanoDevices,
Santa Barbara, CA.
Chairman of the Board for First Nano commented, "We’re
doing our part to keep Santa Barbara on the map for innovation and
good business in nanotechnology." Virgil Elings founded Digital
Instruments, Inc. in 1987 and co-founded NanoDevices with
Steve Minne and Dennis Adderton in 1998.
"The creation of First Nano from NanoDevices will allow us
to leverage our knowledge and experience in nanotechnology to provide
high quality process equipment to customers with research and industrial
applications," said the President of First Nano.
"In its first year of production the EasyTube‘ System
has demonstrated a market need for a new breed of process equipment,"
said Cary Chee, Vice President of Sales, "The EasyTube‘
has demonstrated strong sales world wide to customers in universities,
industry and government labs. First Nano is hitting the ground running."
First Nano was established in May 2003, to manufacture process
equipment uniquely suited to nanotechnology applications. Founded
by Dr. Virgil Elings, founder of Digital Instruments, Dennis Adderton,
formerly of NanoDevices and Digital Instruments, Dr. Stephen Minne
of Stanford University and President of NanoDevices, Hector Cavazos
of Veeco Instruments, and Cary Chee, formerly of FEI and Veeco,
First Nano manufactures the industry's first chemical vapor deposition
system designed for carbon nanotube synthesis.
About First Nano.
First Nano is a privately held company specializing
in the manufacture of process equipment for nanotechnology applications.
Current products include the EasyTube‘, a chemical vapor deposition
system for carbon nanotube synthesis. For more information, please
visit us at www.firstnano.com. EasyTube‘ is a trademark of
First Nano.
Forward Looking Statements
This press release contains, in addition to historical information,
forward-looking statements. Such statements are based on management's
current estimates and expectations and are subject to a number of
uncertainties and risks that could cause actual results to differ
materially from those described in the forward-looking statements.
First Nano is providing this information as of June 6, 2003
and expressly disclaims any duty to update information contained
in this press release.
By including any information in this press release, First Nano does
not necessarily acknowledge that disclosure of such information
is required by applicable law or that the information is material.
Contact:
First Nano.
Karen Hamberg 631-981-7081
info@firstnano.com
Source: First Nano,
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