SAN MARCOS, Texas, Feb. 6, 2014 /PRNewswire/ -- Quantum
Materials Corp. (QMC) (OTCQB:QTMM) announced today that it has
closed on funding necessary to acquire and deploy automated
equipment for significantly increased Tetrapod Quantum Dot (TQD)
production.
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According to Quantum Materials Chairman and CEO Stephen B. Squires, "It is gratifying to
progress into scaled TQD production and we look forward to
positioning Quantum Materials to meet the anticipated market
quantity requests for our engineered spectrum Tetrapod Quantum
Dots."
This enabling investment has been made by the Central Texas based partnerships Carson
Diversified Investments LP and Carson Haysco Holdings
LP. Representing the two groups, W.C. Carson commented, "We feel that Quantum
Material's production methodology and design produces a material
that is uniquely superior in form and function to other
nanocrystals currently being utilized in industry and evaluated for
application. It's too often that innovative technology gets
stuck in the lab, so we are pleased to facilitate the equipment
acquisition to eliminate a significant barrier to entry for
QMC. We look forward to continuing our support of the company
as its Tetrapod Quantum Dots progress toward adoption and
large-scale manufacturing."
Squires added, "As part of our ongoing discussions with industry
participants in a number of quantum dot fields, we have made
projections that this secured production capacity can fulfill
demand for several joint development collaborations, expanded sales
for niche markets and new evaluation, as well supply for in-house
R&D needs."
In addition to manufacturing TQD's engineered to specific
lighting, display and medical applications for leading
manufacturers worldwide, Quantum Materials is also researching and
developing TQD-infused films for medical devices, solid state
lighting applications, electronic displays and quantum dot solar
cells.
About Quantum Materials Corporation
Quantum Materials Corporation develops and manufactures Tetrapod
Quantum Dots for use in medical, display, solar energy and lighting
applications through its patent pending volume production process.
Quantum dot semiconductors enable a new level of engineered
performance in a wide array of established consumer and industrial
products. QMC's volume manufacturing methods enable consistent QD
quality and scalable cost reductions 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 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
with the Securities and Exchange Commission ("SEC"). All documents
are available through the SEC's EDGAR System
at http://www.sec.gov/ or www.QMCdots.com. We hereby
disclaim any obligation to publicly update the information provided
above, including forward-looking statements, to reflect subsequent
events or circumstances.
Contact:
Art Lamstein
Director of Marketing
Quantum Materials Corp.
415.609.4969
artlamstein@QMCdots.com
Media:
Rich Schineller
941.780.8100
rich@prmgt.com
SOURCE Quantum Materials Corporation