SAN MARCOS, Texas, June 3, 2014 /PRNewswire/ -- Quantum
Materials Corp. (OTCQB:QTMM) announced today that it has
received its increased capacity equipment and is launching mass
production of advanced materials several months ahead of schedule.
As an emerging provider of quantum dots, nanoparticle materials and
related platform technologies, Quantum Materials Corp.'s (QMC)
production phase equipment is capable of producing 250 kilograms of
quantum dots per annum.
The company's proprietary high volume process technology
produces quantum dots with superior uniformity to those created via
manual processes. Additionally, QMC is executing its strategic plan
to broaden the product line to a variety of tetrapod quantum dots
including Cadmium and previously announced Cadmium-Free Non-Heavy
Metal Quantum Dots and size-optimized nanoscale metallic compounds
including metal oxides. QMC recently added thick shell technology
to its product offerings that possess many optoelectronic and
photovoltaic advantages.
Looking beyond this achievement, Quantum Materials Corp.
Chairman and CEO Stephen B. Squires
stated that "Quantum Materials' next larger system, expected to be
rapidly deployed later this year, will place us far ahead of the
competition in the ability to supply reliable industrial quantities
of quantum dots. We plan to quadruple production output by
January 15, 2015, and have engineered
plans in place to deploy short-lead-time parallel systems to meet
ever increasing market demand."
David Doderer, Vice President of
Research and Development for QMC, further detailed, "mass
production affords the ability to quickly negate cost constraints
and enable quantum dot penetration into newer applications such as
security, defense, filtration, and product-ID packaging as well as
our immediate opportunities in the display, lighting and energy
sectors."
"With this accomplishment, our team has taken a significant step
toward our goal of evolving quantum dots from an esoteric
technological novelty to a core component commodity."
Explaining his vision of the technology market, Squires continued,
"The consumer expects the 'next big thing'. Our quantum dots
are a strong part of technological innovations that enable products
that can be simply incredible. We are very focused and highly
motivated to provide these key building blocks to a wide range of
product innovators so that their dreams become reality in
superior next-generation products for these markets."
In addition to manufacturing Tetrapod Quantum Dots (TQD)
engineered to specific lighting, display and medical applications
for leading manufacturers worldwide, QMC is also developing
TQD-infused films for medical devices, solid state lighting
applications, electronic displays and quantum dot solar cells.
About Quantum Materials Corp.
Quantum Materials Corp. 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
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SOURCE Quantum Materials Corp.