SAN MARCOS, Texas, March 12, 2014 /PRNewswire/ -- Quantum
Materials Corp. (QMC) (OTCQB:QTMM) today announced it has
placed purchase orders for the proprietary equipment necessary
to commence increased production of inorganic quantum dots.
The equipment is scheduled for delivery and deployment, on or
before the end of the third quarter of 2014. In recent news, QMC
announced obtaining equipment funding and reporting that the Los
Alamos National Laboratory's (LANL) Thick-Shell technology will be
integrated with a variety of QMC's composite tetrapod quantum dots
to develop a line of advanced high performance quantum dots.
QMC is now proud to announce that they have teamed with LANL and
have jointly written and submitted a proposal for funding to the
recent DOE EERE Funding Opportunity for Solid-State Lighting
Advanced Technology R&D, which aims to increase performance and
market readiness of efficient LED lights incorporating improved
quantum dots.
David Doderer, Vice President of
Research and Development, commented about teaming with LANL, "Very
meaningful quantum dot research is being conducted globally, and in
particular at our national labs. We are glad to be able to
adapt the thick-shell "giant" QD technology developed by Los Alamos
into an industrial process to provide the end consumer with a much
better product. As seen at the CES, new electronics in
displays and lighting continue to amaze, and while quantum dots
might not be headliners, it is exciting for us to see great
materials allow designs that seem to make the impossible a
reality."
With the benefit of the scaled and controlled production, and
enhanced quantum dot structure, QMC's goal is to resolve
volume-manufacturing problems that date back to the discovery of
quantum dots over 20 years ago. The high cost of manual production,
the lack of batch uniformity, and the inability to ensure a
reliable supply for industrial production have, until this point,
restricted the broad commercialization of consumer products that
are enhanced by quantum dots.
LCD displays and white light solid-state lighting (SSL):
QMC's combination of thick-shell technology and tetrapod quantum
dots is expected to deliver unsurpassed optoelectric brightness and
color purity leading to higher resolution and color vitality, and
as integrated into the manufacture of displays and lighting units,
will enhance performance life expectancy.
Sensors: For photovoltaics including solar cells,
thermovoltaics, near infrared, MEMS, cameras, strain gauges and
other sensor applications, the increased photon absorption by
thick-shell tetrapod semiconductor nanocrystals correspond to
increased sensitivity, and higher efficiencies due to suppressing
recombination.
Quantum Materials has initiated designs for even higher capacity
equipment for future production, details of which the Company
expects to announce later this year. QMC's flexibility
extends to a variety of metals and elements, including both
cadmium-core and cadmium-free non-heavy metal quantum dots, and
will roll out new composite or hybrid quantum dots as they are
developed.
Quantum Materials representatives will attend over 10
conferences and tradeshows in the next 8 months, beginning with
Smithers QD and Phosphors Conferences later this month.
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.
Contact:
Art Lamstein
Director of Marketing
Quantum Materials Corp.
415.883-4556
artlamstein@QMCdots.com
Media:
Rich Schineller
941.780.8100
rich@prmgt.com
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SOURCE Quantum Materials Corporation