CALIFORNIA NANOTECHNOLOGIES SIGNS EXCLUSIVE REPRESENTATION AGREEMENT WITH GLOBAL LEADER OF SPARK PLASMA SINTERING TECHNOLOGY
CALIFORNIA NANOTECHNOLOGIES CORP.
Cerritos, California. September 18, 2013 - California Nanotechnologies Inc. ("Cal Nano") is pleased to announce the signing of an exclusive agreement with Fuji Electronic Industrial ("Fuji-SPS") of Japan, and their US affiliate, Autrans Corporation ("Autrans"), whereby Cal Nano has been appointed as the Exclusive Technical Services and Marketing Partner for their Spark Plasma Sintering ("SPS") technology in the U.S. and Canada.
Spark Plasma Sintering is an emerging technology that offers many unique benefits through rapid consolidation and synthesis of advanced nano-materials including metals, ceramics, polymers and composites. Production capabilities also extend to highly advanced functionally graded materials and thermoelectric semiconductors. Cal Nano has owned and operated this technology in its laboratory in Southern California for the last six years. This in depth experience and the resulting longstanding collaboration with industry leading customers and experts ensures that Cal Nano is uniquely suited for this expanded role with Fuji-SPS and Autrans. Fuji-SPS is considered the inventor and leading global manufacturer of next generation SPS technologies.
"This agreement makes Cal Nano the official installation, technical support, and marketing partner of this technology in the U.S. and Canada," stated Christopher Melnyk, VP. "Under this agreement, the Company will receive commissions on all new equipment sales in the region with additional revenues resulting from installation and training services."
One of the many projects currently underway is the installation of a third SPS system at the University of California Davis.
Except for historical information contained herein this document contains forward-looking statements. These statements contain known and unknown risks and uncertainties that may cause the Company’s actual results or outcomes to be materially different from those anticipated and discussed herein.
For further information, please contact:
Christopher Melnyk, Vice President
(562) 926-6913 (fax)
THE TSX-VENTURE EXCHANGE NEITHER APPROVES NOR DISAPPROVES OF THE INFORMATION CONTAINED HEREIN.
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