CALGARY, Feb. 18, 2020 /CNW/ - Nanalysis Scientific
Corp. ("Nanalysis", TSXV:NSCI) is pleased to
announce that it won the award for 'Best New Analytical Product' at
the recent Nanotech Exhibition and Conference in Tokyo, Japan. Nanalysis was the only
small-cap, non-Japanese company to win an award. The award,
coupled with strong positive feedback from conference attendees,
provided further validation for the market opportunity Nanalysis
seeks to capitalize on with its 60 and 100 MHz NMR
spectrometers.
The growing suite of Nanalysis products targets large global
markets such as pharmaceuticals, materials, chemicals, food quality
and authenticity, law enforcement, and energy, which are pursuing
industry 4.0 solutions such as Nanalysis provides.
Dr. Susanne Riegel, Director of
Marketing, stated "We're very pleased to be awarded 'Nano Analytics
Award' for our compact NMR tools at this prestigious nanotechnology
show. For decades NMR Spectroscopy has been underrepresented
in industry regardless of the potential benefits it could
provide. The size, cost and maintenance requirements of
traditional NMR instruments have largely limited adoption of this
technique within industry. It is exciting to see this shift
in the market, where using compact NMR tools, experts and industry
leaders can begin to solve problems and bring NMR to bear on
applications, like materials analysis and polymerization process
optimization, where it provides significant value.
"Nanalysis has been working with partners for over five years in
many industries to validate the benefits of using NMR to optimize
manufacturing processes to increase yields, reduce waste, improve
safety, and reduce facility downtime. The company's devices provide
quantitative, information rich data when compared with traditional
analytical techniques and can increase key performance metrics in
many cases. A recent scientific paper written by Thompson et al. out of the Heriot-Watt University highlights a 64-fold
productivity increase in their polymer production process by
integrating a Nanalysis device."
Sean Krakiwsky, founder and CEO of Nanalysis Scientific
added, "We've been working with a number of experts from around the
world and we're excited about the growing potential for our
products. Our strategy is to drive organic growth in our existing
markets, develop new vertical market opportunities, and build the
business through strategic acquisitions. We will continue to share
exciting milestones relating to these initiatives publicly as we
continue to execute our business plan so that our investors can
understand the short-, medium-, and long-term financial
opportunities that lay ahead."
About Nanotech 2020
Established in 2001, Nanotech is hosted at Tokyo Big Site in
Tokyo Japan and represents one of
the largest materials sciences and technology exhibition and
conference in the world. This international conference
highlights the latest in materials, optoelectronics and
nanofabrication to around 50,000 attendees, through leading-edge
talks and an exhibition with more than 500 companies
represented.
For further information, please contact:
https://www.nanotechexpo.jp/
About Nanalysis Scientific Corp. (TSXV:NSCI,
FRA:1N1)
Nanalysis trades on the TSX Venture Exchange (TSXV) in
Canada with ticker symbol 'NSCI'.
The company's business is what we term "MRI for industry": it
develops and manufactures portable Nuclear Magnetic Resonance (NMR)
spectrometers or analyzers for laboratory and industrial markets.
The NMReady-60™ was the first fully featured portable NMR
spectrometer in a single compact enclosure requiring no liquid
helium or any other cryogens, and the company has followed-up that
initial offering with new products and continues to have a strong
innovation pipeline. Nanalysis recently announced that it will
begin selling a 100MHz device in early 2020. The Company's new
device will be the most powerful non-cryogen, permanent magnet NMR
device ever brought to market.
Nanalysis devices are used by chemical professionals in many
industries (oil and gas, chemical, mining, pharma, biotech, flavor
and fragrances, agrochemicals, and more) as well as numerous
government and university research labs around the world. The
company continues to exploit new global market opportunities
independently and with partners.
Notice regarding Forward Looking Statements and Legal
Disclaimer
This news release contains certain "forward-looking statements"
within the meaning of such statements under applicable securities
law. Forward-looking statements are frequently characterized by
words such as "anticipate", "continue", "estimate", "expect",
"may", "would" occur. These statements are only predictions of what
we believe might happen. Various assumptions were used in drawing
the conclusions or making the projections contained in the
forward-looking statements throughout this news release.
Forward-looking statements are based on the opinions and estimates
of management at the date the statements are made and are subject
to a variety of risks and uncertainties and other factors that
could cause actual events or results to differ materially from
those projected in the forward-looking statements. The Corporation
is under no obligation, and expressly disclaims any intention or
obligation, to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise,
except as expressly required by applicable law. Neither the TSX
Venture Exchange nor its Regulation Services Provider (as that term
is defined in policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
SOURCE Nanalysis Scientific Corp.