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Non-Tech : Harris & Harris Group (TINY)
TINY 1.3100.0%Apr 3 5:00 PM EST

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To: DiB who wrote (90)10/30/2003 1:06:49 AM
From: DiB  Read Replies (1) of 142
 
Promising news from Nanosys:

biz.yahoo.com

NEW YORK--(BUSINESS WIRE)--Oct. 20, 2003--Nanosys, Inc. (www.nanosysinc.com) announced today that it has entered into two new commercial partnerships. The first partnership is the launch of Phase I of a potential $7.2 million joint development project supported by the Defense Advanced Research Projects Agency (DARPA) with partners Sciperio Inc., the University of Texas at Dallas and Penn State University. The contract, managed through the Air Force Research Labs (AFRL), is for the development of a new semiconductor technology for the fabrication of high-performance, large-area electronic systems on flexible substrates. The second partnership is a multi-million dollar strategic development deal with In-Q-Tel, a private non-profit group funded by the Central Intelligence Agency.
Harris & Harris Group has invested $1,500,000 in Nanosys, Inc., its largest investment in a tiny-technology company to date. Nanosys is a rapidly growing advanced technology company focused on the development of nano-enabled systems. These systems incorporate novel and patent-protected nanostructures that integrate functional complexity directly into each individual nanoparticle, enabling the low-cost fabrication of high-value, high-performance applications in a broad range of industries.
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