NanoMech Wins 2012 Innovator of the Year Award from Leading Nanotechnology Trade Organization
SPRINGDALE, Ark.– AUG. 31, 2012 – NanoMech, an international material science company and leader in nanotechnology innovation, is pleased to announce that the NanoBusiness Commercialization Association (NanoBCA) has selected it for the 2012 Top Emerging Nano Innovators Award.
"We are very proud of this recognition," said Jim Phillips, NanoMech Chairman and CEO. "The breakthrough technologies the NanoMech team has developed, such as nGlide®, TuffTek®, and TriboTuff®, have led to this tremendous honor for our family of loyal employees and very supportive investors. NanoMech is focused on innovating by applying breakthrough novel science into 'must-have' products bringing immediate and drastic improvement into existing major markets." The NanoBCA is the industry's top trade organization dedicated to promoting the advancement and commercialization of nanotechnology while helping companies bring affordable, life-improving nanotech products to the market.
Mr. Vincent Caprio, the CEO of the NanoBusiness Commercialization Association said, “We are very proud to single NanoMech out of the vast field of up and coming emerging nanotechnology companies in America. NanoMech is a clear leader in converting massive brainpower and applied research to market-ready products that will disrupt huge companies overnight in the energy and manufacturing sectors, bringing immediate efficiency and performance improvements to these global industries! They are clearly a company to watch and at the top of our list.”
Dr. Ajay P. Malshe, the CTO of NanoMech said, “In 2012 NanoMech commercialized two nano-engineered product platforms never achieved before. TriboTuff is a nano- inspired industrial lubricant which reduces friction (to near zero) and wear of mechanical parts by orders of magnitude allowing hundreds of percent enhancement in wear reduction in machines, vehicles, and components such as valves, gears and much more. These performance increases also produce incredible energy savings. Our second nanotechnology platform of products is TuffTek coated cutting tool inserts and wear parts made of carbides, metals and ceramics. As natural resources such as metals and ceramics are depleting nationally and globally, TuffTek radically transforms surfaces with nano-engineered coating solutions, that increase the life of cutting tools and wear parts by as much as 1000% while enhancing their performance and sustainability.”
About NanoMech: NanoMech Inc. was founded in 2002 and creates advanced engineering materials through patent and patent-pending nano-inspired and nano- manufactured product development. NanoMech is a pioneer in applying breakthrough nano-engineered innovations to robust areas of national interest including machining and manufacturing, lubrication and energy, and strategic military applications. NanoMech brings ideas from innovation to implementation, commercializing nano- manufactured products at record speed in the market.
NanoMech is a member of President Obama's Materials Genome Initiative, a public / private collaboration with the aim of doubling the speed and reducing the cost of discovering, developing, and deploying new advanced materials. NanoMech is also a member of the U.S. Manufacturing Competitiveness Initiative (USMCI) and the U.S. Technology Leadership and Strategy Initiative, both based in Washington, DC.