Quantum Materials Delivers Advanced Material to Broaden Product Offerings
SAN MARCOS, Texas, April 10, 2014 /PRNewswire/ -- Quantum Materials Corp. (OTCQB:QTMM) announced today shipping size-optimized metallic oxide particles to a major Asian electronics conglomerate.
QMC believes that this initial shipment will meet or exceed all the intended design goals and anticipates receiving favorable materials assessment for project advancement. For this project, and other current engagements with industry, Quantum Materials offers continued research and development support so that the supplied materials are engineered to satisfy precise consumer requirements.
Steve Squires, CEO of Quantum Materials noted, "Our synthesis and production processes have inherent flexibility to offer custom advanced materials to meet design objectives for new product lines. We recognized the need for high performance materials in the electronic and photovoltaic fields as advanced lab analytics create a new understanding of the underlying physics and theories. We offer reliable product and production methods for engineered materials, nanocrystals and quantum dots that can be tailored to fit our client's needs in their pursuit of continually improving product performance for customers. Quantum Materials Corp will continue executing our vision to transform these enabling materials from novelty to commodity."
Optimized materials, including elemental metals and metallic-oxides that add value in the nano and micro realm are an extension of QMC's main focus: the design, development, production and supply of semiconductor tetrapod quantum dots that are of very high uniformity and structure with very narrow size distribution. QMC is scaling production by automated process equipment that can be adapted to various Group II-VI metals and elements while maintaining precise specifications at volumes sufficient to meet growing supply demands. Certainty of supply is important to manufacturers in announced decisions to pursue the use of quantum dots and other novel materials in product development activities. QMC has laid groundwork to penetrate the market by proving scalability of innovative chemistry licensed from Rice University in Houston, Texas and by innovating proprietary processes for materials production.
QMC believes that industrial-scale delivery of optimized nano-materials is the key to capturing market share for innovative batteries and energy storage, catalytic devices, inks, quantum computing and roll-to-roll printed electronics. These expanding industries are forecast to create thousands of technical and industrial jobs as the right nanomaterials replace existing conventional materials for higher performance applications. Advanced materials are an enabling technology that allow companies to innovate and compete globally. Quantum Materials Corporation is well placed to introduce efficiencies in product design and reliable cost savings in supply of high quality, industrial-scale metals, metallic oxides and quantum dots for these consumer markets.
About Quantum Materials Corp.
Quantum Materials Corp. manufactures Tetrapod Quantum Dots for use in medical, display, solar energy and lighting applications through an automated production process. Tetrapod Quantum Dot semiconductors enable a new level of engineered performance for consumer and industrial products. QMC's volume manufacturing methods assure economies of scale, reliability and uniformity to drive innovative discovery to commercial success. (http://www.qmcdots.com)
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995
This press release contains forward-looking statements that involve risks and uncertainties concerning our business, products, and financial results. Actual results may differ materially from the results predicted. More information about potential risk factors that could affect our business, products, and financial results are included in our annual report and in reports subsequently filed by us with the Securities and Exchange Commission ("SEC"). All documents are available through the SEC's Electronic Data Gathering Analysis and Retrieval System (EDGAR) at http://www.sec.gov/ or from our website. We hereby disclaim any obligation to publicly update the information provided above, including forward-looking statements, to reflect subsequent events or circumstances.
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SOURCE Quantum Materials Corp.
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