IP2Biz and International Speciality Chemicals Announce Joint Development Agreement
for TiO2-based Nanowires
ATLANTA and LONDON (March 12, 2008) – Today, IP2Biz LLC of Atlanta and International
Speciality Chemicals Ltd. (ISC) of London, announced a joint-development agreement
for the purpose of bringing titanium dioxide (TiO2)-based nanowires to market. The
two companies will work together to develop manufacturing capabilities and identify
additional applications for this unique, breakthrough material created at the University
of Arkansas. Financial details of the agreement were not disclosed.
When assembled into free-standing membranes, this two-dimensional "paper" provides
solutions for a variety of applications including high-temperature chemical and
water filtration, high-temperature non-woven textiles, drug delivery, fuel cells
and solar cells among others.
"While speciality filtration applications appear to be the first addressable market
segment, we fully expect to see many other applications come to market based on
our knowledge of TiO2 and our global network of suppliers and customers," said David
Priestley, managing director of ISC, the London-based manufacturer and distributor
of chemical products.
"The long nanowires are nearly pure TiO2," commented James Throckmorton, president
of IP2Biz, the Atlanta-based company that holds the global license for the technology.
"In addition to withstanding extreme temperatures, TiO2-based nanowires can be used
in the strongest chemical acids and bases. We look to multiple breakthrough applications
in the future."
The technology is licensed exclusively to IP2Biz through the University of Arkansas
Technology Development Foundation, an organization that helps transfer early-stage
inventions to corporations and start-up organizations.
About IP2Biz LLC
IP2Biz LLC is a leading technology acquisition, development, licensing and growth
company that transfers technology from universities to businesses for commercial
application. IP2Biz’s unique business model revolutionizes the early stages in the
commercialization process, improving the efficiency, effectiveness and returns for
researchers, corporate buyers and investors. As a result, clean, packaged IP is
delivered to business with greater speed, reduced costs and lowered risks. For more
information on IP2Biz please visit www.ip2biz.com.
About International Speciality Chemicals Limited
ISC is a speciality chemicals marketing organisation working with a number of key
manufacturers to bring innovative products to global markets. ISC is built on the
principles of making high quality innovative products and providing a high quality
reliable service. ISC has more than 20 years experience of marketing speciality
chemicals. Our marketing partners are located throughout Europe, the Middle East
and Asia. Please visit our Web site, www.isc-web.co.uk
For more information.