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ALIS Corporation Acquired by Carl Zeiss SMT; Venture Funded Nanotechnology Start-Up Exits.


PEABODY, Mass. -- ALIS ALIS Alberta Learning Information Service
ALIS Alternate Lighting of Surface Method (Fujitsu and Hitachi plasma displays)
ALIS Access Lines in Service (telecommunications) 
 Corporation, a nanotechnology start-up developing scanning ion microscopes ion microscope
n.
A field-ion microscope.
 and imaging systems, today announced it has been acquired by Carl Zeiss' Nano Technology Systems Division (NTS NTS National Technical Systems
NTS National Trust for Scotland
NTS Nevada Test Site
NTS NT Server (Microsoft Windows)
nts Not the Same
NTS National Traffic System (amateur radio) 
).

The 36 scientists and engineers currently employed by ALIS Corporation will stay with the company, now a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 of Carl Zeiss
For the company with the same name, see Zeiss.


Carl Zeiss (September 11, 1816 – December 3, 1888) was an optician commonly known for the company he founded, Zeiss.
 SMT (1) (Surface Mount Technology) See surface mount.

(2) (Station ManagemenT) An FDDI network management protocol that provides direct management. Only one node requires the software.

SMT - Station Management
. ALIS' core technology and research efforts will remain in Peabody, Massachusetts Peabody (pronunciation IPA: /ˈpiːbədi/) is a city in Essex County, Massachusetts, United States. As of the 2000 census, the population was 48,129. Peabody is located on the North Shore. . Future plans include an increase in staff to bring ALIS' helium ion microscopes to market. Bill Ward will remain Chief Technology Officer, and ALIS co-founder, Nick Economou, will continue serving as the company's Chief Executive Officer.

"I spent two years looking for Looking for

In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with.
 the right venture capital team to fund and help guide the company and it was worth every day," said Bill Ward co-founder and inventor of the ALIS technology. "Our investors were key to the early and successful acquisition."

Founded in 2005 and financed by Kodiak Venture Partners, Arch Ventures and Intel Capital, ALIS Corporation created a helium ion technology that enables scientists to see at the atomic level with resolution and material contrast never before observed in the scientific world. This acquisition will accelerate the market availability of ALIS' helium ion technology, thereby propelling major advancements in scientific discovery and innovation. For example, ALIS' technology will enable the production of faster and more powerful semiconductors, and reduce the time-to-market of complex pharmaceuticals.

"ALIS Corporation had the perfect combination of entrepreneurial experience, technical expertise and market opportunity so we knew right away it would a winning investment," said Dave Furneaux, Managing General Partner, Kodiak Venture Partners. "The investors and management teamed up to steer the company and bring this acquisition to fruition."

About ALIS Corporation

ALIS Corporation is a provider of next-generation, atomic-level microscopes for the global semiconductor, life sciences and materials sciences industries. ALIS Corporation's disruptive breakthrough in helium ion technology has enabled the company to develop a revolutionary scanning ion microscope and imaging system that allows scientists to see at the atomic level with resolution and material contrast never before seen. The company is headquartered in Peabody, Massachusetts. Additional information about ALIS Corporation and its unique helium ion technology is available on the company's website at www.aliscorporation.com.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 11, 2006
Words:365
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