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JumpStart Announces Investment
in AMTI
Other Topics:
NanoSensors
JumpStart Inc.
January 16, 2008
Cleveland, OH -- JumpStart Inc., Northeast Ohio's venture
development organization, has made an investment commitment
of $350,000 in Advanced Materials Technology International
LLC (AMTI). The Cleveland-based company is developing and
commercializing a line of high-tech, energy-curable,
nanoparticle materials for ink and coatings applications. |
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AMTI has developed proprietary methods
of manufacturing nanoparticle dispersion products which
result in improved performance characteristics in a variety
of applications. Because the products are solvent-free they
are environmentally friendly, a quality that is of
increasing interest within the industry.
"AMTI is positioned at the forefront of a changing
marketplace for energy curable inks and coatings. Utilizing
the assistance and resources of JumpStart will enable us to
take advantage of this technology lead," stated Byron Hahn,
Chief Operations Officer of AMTI.
Marc Insul, JumpStart Entrepreneur-in-Residence will be
working closely with the company and providing business
advisory services.
This is JumpStart's 36th investment in 26 companies. Other
advanced materials and technology companies in JumpStart's
portfolio include Aria Analytics, FLX Micro, RSP Tooling,
and Stanton Advanced Ceramics.
About AMTI
Advanced Materials Technology International LLC (AMTI) is
developing and commercializing a line of high-tech,
energy-curable, nanoparticle dispersions and coatings.
AMTI's method of producing smaller particles (nanoparticles)
and evenly suspending them in liquid medium results in
improved color quality, easier application, and improved
durability. AMTI produces a solvent-free and energy curable
product, which significantly reduces ink and coating drying
time and the space requirements needed for air drying large
pieces. This unique process addresses environmental
concerns, provides superior durability, and can be applied
more effectively than standard application methods.
About JumpStart Inc.
JumpStart
(www.jumpstartinc.org) accelerates the growth of innovative
early-stage businesses and ideas into venture-ready
companies by delivering vital, focused resources to
entrepreneurs and the community of Northeast Ohio. JumpStart
identifies and invests in early-stage companies that have
strong potential in the marketplace, solid prospects for
high growth, and are likely to qualify for later-stage
funding. Beyond investing, the JumpStart team provides a
continuum of business development services to its client
companies to help ensure their success. |
