NEC Concludes First Carbon Nanotube Patent License Agreement in U.S. with Southwest NanoTechnologies, Inc.Tokyo, Japan, Aug 3, 2006 - (JCN JCN Japan Corporate News JCN Journal of Cognitive Neuroscience JCN Journal of Cardiovascular Nursing JCN Journal of Christian Nursing JCN Job Control Number JCN Journal of Child Neurology JCN joint communications network (US DoD) Newswire) - NEC (NEC Corporation, Tokyo, www.nec.com, www.necus.com) An electronics conglomerate known in the U.S. for its monitors. In Japan, it had the lion's share of the PC market until the late 1990s (see PC 98). NEC was founded in Tokyo in 1899 as Nippon Electric Company, Ltd. Corporation (NEC) announced that is has concluded an agreement with SouthWest NanoTechnologies, Inc. (SWeNT(TM))*, by which it grants SWeNT(TM) a non-exclusive license under basic patents owned by NEC covering the carbon nanotube See nanotube. discovered by Dr. Sumio Iijima Sumio Iijima (飯島 澄男 Iijima Sumio, born May 2, 1939) is a Japanese physicist, often cited as the discoverer of carbon nanotubes. Although carbon nanotubes had been observed prior to his "discovery"1 , a senior research fellow at NEC, in 1991. SWeNT(TM) manufactures and supplies carbon nanotube materials for a wide variety of applications worldwide employing its proprietary CoMoCAT(TM) process** that was invented independently at the University of Oklahoma University of Oklahoma, abbreviated OU, is a coeducational public research university located in the U.S. state of Oklahoma. Founded in 1890, it existed in Oklahoma Territory near Indian Territory 17 years before the two became the state of Oklahoma. in the U.S. Anticipating a rapid increase in demand for carbon nanotube materials in a wide variety of fields and applications, SWeNT(TM) has recognized the necessity to acquire a license from NEC under its basic patents in order to expand its business and has signed an agreement with NEC. "NEC's carbon nanotube patents are basic patents covering single and multi-walled carbon nanotubes, and licenses under our patents are essential for entities to manufacture or sell carbon nanotubes," said Keiji Ushijima, Executive Expert at NEC's Intellectual Asset Business Development and Licensing Division. "We are currently in negotiations with a number of entities worldwide who require a license from us under our patent rights, and we will continue to grant licenses to such entities, from venture companies to multinational corporations, with reasonable terms and conditions, in order to expand the markets of carbon nanotubes and their applications." The carbon nanotube is drawing significant attention worldwide as a core material for nanotechnology. Owing to an extremely fine structure that has a diameter measuring on the nanometer-scale (thin tube-shaped material) and superior physical and chemical properties, the carbon nanotube is expected to be used for various applications including high-resolution AFM (Atomic Force Microscope) A device used to image materials at the atomic level. AFMs are used to solve processing and materials problems in electronics, telecom, biology and other high-tech industries. probes, flat panel displays, extremely lightweight and high-strength materials, high performance transistors, interconnect materials, fuel cells, ultra-sensitive sensors, absorbents and conductive coatings. NEC is actively supporting new business and value chain creation among licensees, trading companies and application manufacturers through the licensing of its patents, not only in the field of nanomaterials, but also in a wide variety of business and industrial fields. It will continue to advance the licensing of its patents in connection with carbon nanotubes and their applications worldwide. For more information please visit NEC Intellectual Assets (http://www.ipr-nec.com/en/), which is a patent search database operated by NEC Corporation to introduce its intellectual assets to the market. These assets include a broad range of patents, technologies, know-how and engineering services. * SouthWest NanoTechnologies, Inc. is a privately held independent specialty chemical firm, manufacturing single wall carbon nanotubes for a broad array of specialty products. SWeNT(TM) was incorporated in April of 2001 to spin off nanotube A carbon molecule that resembles a cylinder made out of chicken wire one to two nanometers in diameter by any number of millimeters in length. Accidentally discovered by a Japanese researcher at NEC in 1990 while making Buckyballs, they have potential use in many applications. research developed by the University of Oklahoma. For more information please access: http://www.swnano.com/ ** CoMoCAT(TM) process: A catalytic method (CoMoCAT(R)) that produces single wall carbon nanotubes of high quality at very high selectivity, and with a remarkably narrow distribution of tube diameters. In this method, single wall carbon nanotubes are grown by CO disproportionation Disproportionation or dismutation is used to describe two particular types of chemical reaction:[1]
About NEC Corporation NEC Corporation (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). : 6701; NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : NIPNY) is one of the world's leading providers of Internet, broadband network and enterprise business solutions dedicated to meeting the specialized needs of its diverse and global base of customers. NEC delivers tailored solutions in the key fields of computer, networking and electron devices by integrating its technical strengths in IT and Networks, and by providing advanced semiconductor solutions through NEC Electronics Corporation. The NEC Group employs more than 140,000 people worldwide and had net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight of approximately 4,825 billion yen (approx. $41.2 billion) in the fiscal year ended March 2006. For additional information, please visit the NEC homepage at: http://www.nec.com or newsroom at http://www.nec.co.jp/press/en/ Source: NEC Corporation Contact: Diane Foley NEC Corporation d-foley@ax.jp.nec.com +81-3-3798-6511 Copyright [c] 2006 JCN Newswire. All rights reserved. A division of Japan Corporate News Network K.K. |
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