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Nano Cluster Devices to exhibit in Japan

MEDIA RELEASE
10 February 2007

Nano Cluster Devices to exhibit in Japan

The Christchurch nanotechnology company Nano Cluster Devices Ltd has been invited by the Japan External Trade Organisation (JETRO) to a nanotechnology summit in Tokyo.

NCD is one of only 17 companies from around the world invited to the event and the only New Zealand company.

The International Nanotechnology Business Summit is a business-matching event held in conjunction with Nanotech 2007, a major annual conference and trade show.

Nano Cluster Devices Ltd is developing electronic devices based on nanowires, including several types of gas sensors (notably for the burgeoning hydrogen industry), and interconnects for the integrated circuit industry. The nanowires are self-assembling, which sidesteps the expensive manipulation that is a major drawback of existing technology.

The company has already filed 12 international patents on various aspects of the technology, and has about 200 mainly Canterbury shareholders.

JETRO Trade Promotion Manager in New Zealand, James Penn, said that NCD had been selected to attend because of the high interest in the company’s groundbreaking technology among the Japanese companies attending the summit.

“JETRO’s business matching system means that NCD will have a good number of productive business meetings at what is the world’s largest annual nanotechnology event. These lead to a higher rate of success because participants start an early exchange of information and therefore engage in more productive dialogue when they actually meet.”

END

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