Here's a bunch of "..stuff.." I schmoozed from Art2Gecko over on iHub..:
Interview from OSFT's IR - macreport.net (windows media player) or macreport.net (real player)
ObjectSoft Corporation (OTC: OSFT) ObjectSoft Corporation has entered the nanotechnology market with an investment in Terra Solar development Corp., a privately-held entity headed by Dr. Zoltan Kiss. Dr. Kiss is a well-known inventor with over 30 patents, three of which are in the nanotechnology field. He is the father of the LCD watch and his work has garnered major support from US and European governments, including the National Renewable Energy Laboratory, a part of the Department of Energy (see nrel.gov )
ObjectSoft believes that nanotechnology is an exciting and rapidly growing field.
Business Communication Company, Inc. has released an independent report ( bccresearch.com ) that estimates total global demand for nanoscale materials, tools, and devices was estimated at $7.6 billion in 2003 and is expected to grow at an AAGR (average annual growth rate) of 30.6% to reach $28.7 billion in 2008. Comparing nanotechnology to other key emerging technologies, the global nanotechnology market, at about $7 billion in 2002, was roughly comparable in size to the biotechnology sector, but far smaller than the $800 billion global informatics market. However, the nanotechnology market is believed to be growing more than twice as fast as either of the other two.
The nanomaterials segment, which includes several long-established markets such as carbon black rubber filler, catalytic converter materials and silver nanoparticles used in photographic films and papers, presently accounts for over 97.5% of global nanotechnology sales. By 2008, the nanomaterials share of the market will have shrunk to 74.7% of total sales. Nanotools will have increased their share to 4.3% ($1.2 billion), and nanodevices will have established a major presence in the market with a 21% share ($6.0 billion).
Nanoparticles currently account for the largest share of the nanomaterials market. However, the fastest-growing nanomaterials segments are nanotubes (with a projected AAGR of 173% over the next five years) and nanocomposites (76% AAGR).
The Company has as its goal to Develop patented, commercial products using Nanotechnology to harness renewable energy
Commercialize portable PhotoVoltaic micropower sources for portable electronic products (cell phones, palms, PC's, ebooks etc.)
Apply carbon nano-tubes to Ni-CN batteries for storage of hydrogen
Carbon nanotubes Carbon nanotubes are microscopic tubes of carbon, two nanometers (billionths of a meter) across, that store hydrogen in microscopic pores on the tubes and within the tube structures. Similar to metal hydrides in their mechanism for storing and releasing hydrogen, the advantage of carbon nanotubes is the amount of hydrogen they are able to store. Carbon nanotubes are capable of storing anywhere from 4.2% - to 65% of their own weight in hydrogen.
The US Department of Energy has stated that carbon materials need to have a storage capacity of 6.5% of their own body weight to be practical for transportation uses. Carbon nanotubes and their hydrogen storage capacity are still in the research and development stage. Research on this promising technology has focused on the areas of improving manufacturing techniques and reducing costs as carbon nanotubes move towards commercialization.
fuelcellstore.com
The Company anticipates that its initial products will start shipping in the second quarter of 2005.
Company Contact Info:
Moshe Gluzman
CEO & Director
800 Second Avenue
8th Floor
New York, NY 10017
P: (212) 922-1598
F: (212) 922-1639
E: mgluzman@hshco.com
Website(s):
objectsoft.net
nanergycorp.com
nanergycorp.net
Investor Relations:
Ken Lowman
Phone: 212-922-0573
Email: KenLowman@marketconnexxions.com
marketconnexxions.com
Share Structure:
Auth 850,000,000
OS - 700,000,000
Float- 120,000,000
Transfer Agent:
amstock.com
Tel (800) 937-5449
Press Releases:
pinksheets.com
Profile on OSFT:
NEW YORK--(BUSINESS WIRE)--March 17, 2005--ObjectSoft Corp. (OTC-Pink Sheets: OSFT) today announced that it expects to complete the process of renaming the company Nanergy Inc. within the next 30 days. This previously announced change reflects the acquisition by the company of the nanotechnology assets of RES Inc., formerly Terra Solar Development Corp.( terrasolar.com ) and also of Accusealed of Hungary( accusealed.hu ).
Separately, the Company announced that its board has approved the working prototype of its first product. Mr. Moshe Gluzman, Chief Executive Officer of ObjectSoft said, "We have received and approved for manufacture a working prototype of NanoSign(TM) (Photos of the Nanosign(TM) investorshub.com ), the Company's first commercial nanotechnology-based product. We expect to shortly release the product for manufacture and to begin shipping in the second quarter of 2005." This illuminated safety house number sign uses PVNanofilm technology so that it can recharge in low light. The high efficiency of the nanotechnology-based photovoltaic cell recharges the device for a week on only eight hours of daylight. Unlike existing devices, direct sunlight is not required. The company believes this product meets a widely-felt need. Products of this type have been recommended by police and emergency workers; however existing products have been too expensive and have too short a life to be suitable for mass marketing.
Separately, the Company announced details of its capital structure. There are about 50 million shares in the float. The number of shares authorized is 850 million. About 643 million restricted shares were issued or are issuable in connection with the acquisitions. The total outstanding after giving effect to shares issuable for the acquisition is about 700 million shares. All of the persons issued restricted shares in connection with the acquisition will be deemed control persons under SEC rules.
About Nano-PV Films and Nanotechnology
The products being developed, which will be acquired as part of this transaction, are believed to be the first to use PVNanofilm(TM), which combines thin films and nanotechnology so they can also work indoors in most lighting situations. PVNanofilms have elements below 1000 and even below 100 nanometers. The National Science Foundation (NSF) defines nanotechnology as consisting of components and elements 1000 nanometers and under. (1 nanometer is one billions of a meter or 10 Angstroms).
Some of TerraSolar's Projects:
terrasolar.com (pdf files link from this page)
4 Times Square - TerraSolar was proud to be a part of this project. As one of the most recent additions to the midtown Manhattan skyline, this new office building at 4 Times Square is the most environmentally friendly skyscraper ever built in the US.
Merchant Marine Academy - TerraSolar was contacted by the US Merchant Marine Academy to introduce a larger scale solar project to their Kings Point, New York campus. TerraSolar designed a system that provided low-cost high efficiency solar to help reduce the need for outside power as well as providing valuable educational and instructional tool for its students. The 10kW solar installation supplies power back to the campus and helps the USMMA with their other renewable energy initiatives.
Rancho Seco - TerraSolar has developed a long-term relationship with The Sacramentao Municipal Utility Department (SMUD), the most solar-oriented electric utility in the U.S. TerraSolar supplies and installs solar electric systems for SMUD for a variety of applications including utility-scale bulk power generation, commercial and institutional buildings and residential homes.
Dutch Housing Project - TerraSolar worked closely with Kiss & Cathcart Architects to develop a new standard for moderate-cost, solar-electric generating, Building Integrated Photovoltaic (BIPV) for these 14 row houses in The Netherlands
Nigeria Village Water Pumping - TerraSolar was contracted by Nasarawa State Government in Nigeria to install photovoltaic water pumping systems in 150 rural villages as part of a program to provide greater access to clean water for health and irrigation purposes.
Native American Photovoltaics - In 1998, TerraSolar was chosen to provide over 20 residential systems for families currently living without electricity. Native American Photovoltaics (NAPV), a non-profit organization made possible through support from the Navajo Tribal Utility Authority and the United States Department of Energy, is bringing the benefits of electricity to the largest group of Americans who live without it and has enlisted the help of TerraSolar. Initially established in the Dilkon and Teesto Chapters of the Navajo Nation, NAPV finances, installs, and services PV powers systems for remote residences.
Utility Scale Power in California - This 100kW utility-scale project was partially financed through the California Energy Commission's state buy-down program and is intended to serve as the beginning stages of a larger photovoltaic power plant.
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