USGA believes the market potential for the Nanosil(TM) process will be in excess of $50 million per year.
Oct. 29, 2002
US Global Aerospace, Inc.,formerly Caring Products International, Inc., Acquires Nanosil(TM)Super-Hydrophobic Treatment Technology
Tuesday October 29, 8:13 am ET
CARSON CITY, Ariz.--(BUSINESS WIRE)--Oct. 29, 2002--US Global Aerospace, Inc. (formerly Caring Products International, Inc. (OTCBB: USGA - News; "USGA") announced its acquisition of the Nanosil(TM)treatment technology through an exclusive license agreement with Moose River Consulting, Inc. Nanosil(TM) is a proprietary super hydrophobic surface modification process that produces surfaces that are designed to repel water completely.
Nanosil(TM) actually modifies the chemical structure of the polymer surface on a nano-scale (molecular level). Atoms of silicon are incorporated into the molecular structure at key points to change the electrical nature of the polymer material. Using this method, the water repellancy can be "tuned" for optimum performance.
Super hydrophobic surfaces are highly sought-after and have numerous commercial and military applications. A super hydrophobic surface has natural anti-icing and/or anti-fogging properties that make it highly desirable for airborne and ground borne vehicle applications.
Future applications for Nanosil(TM) super hydrophobic technologies include sports goggles, glasses, automotive windshields, aircraft flight surfaces, satellite antennas, radomes and advanced materials such as nano-fibers where super-hydrophobicity can enhance fiber properties particularly in wet conditions where performance is generally degraded.
Current industry estimates value the barrier films and coatings market at $5 billion or more. USGA believes the market potential for the Nanosil(TM) process will be in excess of $50 million per year.
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By: lineolator
18 Feb 2004, 05:58 PM EST
Msg. 24509 of 24604
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