- Company executives to meet with major LCD manufacturers at
2015 International Consumer Electronics Show
SAN MARCOS, Texas, Jan. 6, 2015 /PRNewswire/ -- Leading North
American quantum dot manufacturer Quantum Materials Corp
(OTCQB:QTMM) today announced it is increasing production capacity
to 2000 kilograms (2 metric tons) of quantum dots and nanoparticles
per annum in Q2 2015. The Company is able to leverage short
development timelines to plan for increasing quantum dot production
and anticipates further production expansion during the remainder
of 2015.
Logo - http://photos.prnewswire.com/prnh/20140619/119488
"We have achieved quality, uniformity and scalability goals with
our patented continuous-flow manufacturing process," said Quantum
Materials Corp CEO Stephen Squires,
"and so are making the investments in production capacity and
people to meet market demand for high-quality quantum dots. We have
also made great strides in ramping-up volume production of both
Cadmium-core and Cadmium-free (aka heavy-metal free) quantum dots.
We perceive Cadmium-free quantum dots will drive future use,
particularly in electronic goods destined for highly
environmentally-regulated regions such as the European Union."
The company has made significant capital investment in new
automated nanoreactors, expanded lab space and scientific staffing
to fulfill quality and quantity requirements for quantum dots in
consumer electronics applications. Quantum Materials' patented
continuous-flow process produces quantum dots in the high volumes,
uniformity and reliability needed for integration into UHD 4K LCD
display, solid-state lighting, solar and biotech manufacturing
industries. Up to this point, competitors' batch synthesis methods
have inhibited quantum dot-use in consumer electronics due to the
limitations of a highly manual process in controlling quantum
yield, color purity, volume production and the resultant higher
production costs.
The company also released today an informative video detailing
heavy–metal free quantum dot use and benefits in LCD display
manufacturing.
Quantum Materials is at the forefront of Cadmium-free quantum
dot development to allow manufacturers to meet and stay ahead of
future environmental regulations governing dangerous materials in
consumer electronic devices. Quantum dots are easily integrated
into the industry-standard thin-film roll-to-roll inkjet and
surface deposition technologies currently used in existing LCD
display production lines and other next-generation printed
electronics.
Quantum Materials executives CEO Stephen
Squires and Senior Director of Business Development for
Asia and the Pacific Toshi Ando
are meeting with major LCD manufacturers at the 2015 International
Consumer Electronics Show (CES). They will be participating in the
Distributed Computing Industry Association's (DCIA) "Internet of
Things (IoT) Marathon" webcast.
About Quantum Materials Corp
Quantum Materials Corp develops and manufactures Quantum Dots and
nanomaterials for use in medical, display, solar energy and
lighting applications through its patent-pending volume production
process. QMC's volume manufacturing methods enable consistent
quality and scalable cost reductions to drive innovative discovery
to commercial success. Wholly-owned subsidiary Solterra Renewable
Technologies develops sustainable quantum dot solar technology.
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.
Contacts:
Business Inquiries:
Art Lamstein
Director of Marketing
415.883 4556
artlamstein@QMCdots.com
Media:
Rich Schineller
941.780.8100
rich@prmgt.com
Investor Relations:
Clay Chase
SD Torrey Hills Capital
858 456-7300
cc@sdthc.com