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Cima NanoTech
Selected as a 2008 Technology Pioneer by the World Economic
Forum
The World Economic Forum
November 29, 2007
St. Palu, MN -- The World Economic Forum today named 39
visionary companies as Technology Pioneers 2008. Cima
NanoTech, Inc., based in St. Paul, Minnesota, has been
selected as one of these Technology Pioneers for advancing
the field of nanomaterials in electronic applications.
Technology Pioneers are companies that have been identified
as developing and applying highly transformational and
innovative technologies in the areas of energy,
biotechnology and health, and information technology. To be
selected as a Technology Pioneer, a company must be involved
in the development of life-changing technology innovation
and have the potential for long-term impact on business and
society. In addition, it must demonstrate visionary
leadership, show all the signs of being a long-standing
market leader - and its technology must be proven. Previous
Technology Pioneers have included Business Objects,
Cambridge Silicon Radio, Corel Corporation, Encore Software,
Google, Mozilla Corporation and Napster. |
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Cima NanoTech's advanced nanomaterials
enable electronics manufacturing methods that can lower
costs and improve the performance of electronic devices. In
electronic display, solar and smart RFID packaging markets,
the company's technology can enable reduced material usage,
improved manufacturing methods and reduced hazardous waste,
while increasing electronic performance.
"We're applying nanomaterials technology to solve the
environmental and performance limits of today's electronic
circuitry," said Jon Brodd, chief executive officer of Cima
NanoTech. "This technology will change the way electronics
are manufactured. We can enable lower-cost,
higher-performance circuitry, while greatly reducing the
amount of materials used and environmentally damaging waste
streams generated throughout the manufacturing processes."
Citing one application for its nanomaterials, Brodd said,
"The work we're doing today will help expand the usefulness
and applicability of solar power, for example, by making the
devices more flexible and less expensive to use, which
ultimately will lead to broader acceptance."
The Technology Pioneers 2008 were nominated by the world's
leading technology experts, including venture capitalists,
technology companies, academics and media. The final
selection from 273 nominees was made by a panel of leading
technology experts appointed by the World Economic Forum.
Technology Pioneers 2008 are invited to participate in the
World Economic Forum Annual Meeting 2008 that will be held
in Davos, Switzerland, January 23-27, and in the Annual
Meeting of the New Champions that will be held in Tianjin,
People's Republic of China, September 25-27, 2008.
The selected companies' products and services include
identity management on the Internet, understanding of
individuals' genetic information, robotic radiosurgery,
pollution control materials, low-cost remote diagnosis
solutions, virtual interface technologies, wiki-based
projects and next-generation business intelligence
solutions.
Twenty-three of the Technology Pioneers 2008 are US-based
companies. Israel and the United Kingdom each boast three;
Sweden and Switzerland two each; Canada, France, Germany,
India, the Netherlands and Russia, one each. Technology
Pioneers are nominated in three main categories:
Energy/Environment, Biotechnology/Health and Information
Technology.
The entire list of Technology Pioneers and interviews with
the CEOs of the selected companies can be found here:
http://www.weforum.org/techpioneers/2008.
"This year the World Economic Forum received a record number
of applications from companies around the world to become a
Technology Pioneer. From a highly competitive field, we are
extremely pleased to have a community that is using
innovation and technology to dramatically affect the way
society and business operate and doing so in a markedly
collaborative manner. We are excited to welcome the
Technology Pioneers class of 2008 to the larger community of
the World Economic Forum and we are looking forward to the
fruits that their collaboration will bring," said Peter
Torreele, Managing Director of the World Economic Forum.
The selection criteria include:
1) Innovation. The company's technology must be truly
innovative. A new version or repackaging of an already
well-accepted technological solution does not qualify as an
innovation. The innovation should be recent - not more than
two years old. The company should invest significantly in
R&D.
2) Potential Impact. The company's technology must have the
potential to have a substantial long-term impact on business
and society in the future.
3) Growth and Sustainability. The company should have all
the signs of being a long-term market leader and should have
well-formulated plans for future development and growth.
4) Proof of Concept. The company must have a product on the
market or have proven practical applications of the
technology. Companies in "stealth" mode and companies with
untested ideas or models will not qualify.
5) Leadership. The company must have visionary leadership
that plays a critical role in driving the company towards
reaching its goals.
6) Status. The company must not currently be a Member of the
World Economic Forum. This criterion applies to the parent
company - thus wholly-owned subsidiaries of large firms are
not eligible.
About the World Economic Forum
The World Economic Forum is an independent international
organization committed to improving the state of the world
by engaging leaders in partnerships to shape global,
regional and industry agendas. Incorporated as a foundation
in 1971, and based in Geneva, Switzerland, the World
Economic Forum is impartial and not-for-profit; it is tied
to no political, partisan or national interests.
(www.weforum.org)
About Cima NanoTech, Inc.
Cima NanoTech
(www.cimananotech.com) is an advanced materials company that
has developed proprietary nanomaterial technology for
electronics fabrication. The company uses nanoparticle
conductive inks and transparent conductive coatings for flat
panel displays, solar cells and other printed electronics
applications. These materials enable increased performance
in concert with faster, cleaner and cheaper manufacturing
processes, resulting in more environmentally friendly,
next-generation technology.
Cima NanoTech's
headquarters is in the United States. Its wholly owned
subsidiary, Cima NanoTech, Israel, Ltd., located in
Caesarea, Israel, is the Company's R&D center and production
facility. Production is also done at contract manufacturing
facility in Hiroshima, Japan. Additional product development
facilities in Japan and the U.S. supplement the work of the
Israel lab and enable close, local partnerships with
electronics manufacturers worldwide.
Cima
NanoTech Partners
Cima NanoTech has
partnered with Toda Kogyo Corp, based in Hiroshima, Japan,
to deliver its advanced materials electronics solutions to
the Japanese market through their joint venture, TodaCima
NanoTechnology. TodaCima, led by its Chief Operating
Officer, Mr. Tatsuo Sugiura, serves the Japanese electronics
market from its Tokyo offices.
Cima NanoTech has
also spearheaded the development of nanotechnology through
its role in co-founding the Nano Functional Materials
Consortium (NFM), a collaboration of academia and industry
designed to develop and commercialize nanotechnology,
partially supported by Israel's Office of the Chief
Scientist. NFM, which is led by Dr. Fernando de la Vega, the
Company's VP of R&D and Cima NanoTech Israel's General
Manager, drives cutting-edge research designed to meet the
needs of industry, both today and in the future. For more
information, visit NFM's website at www.nfm.org.il.
Notes to Journalists:
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Go to
http://www.weforum.org/techpioneers/2008 for the entire
list of Technology Pioneers and interviews with the CEOs
of the selected companies. For more specific
information, please e-mail: tech.pioneers@weforum.org.
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Download print-quality high
resolution photographs of the CEOs of the selected
companies at:
http://www.pbase.com/forumweb/techpioneers2008
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Nominate a company to be a
Technology Pioneer 2009 at:
www.weforum.org/pdf/techpioneers/nomination_form_2008.pdf
. Deadline for submissions is May 2008.
SOURCE: Cima NanoTech, Inc.
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