Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Advance Nanotech Subsidiary Receives Incremental $3.7 Million Contract From an Agency of the United States Department of Defense
Wednesday October 31, 8:30 am ET
NEW YORK, Oct. 31 /PRNewswire-FirstCall/ -- Advance Nanotech, Inc., (OTC Bulletin Board: AVNA - News), announced today that its Owlstone Nanotech Inc., subsidiary has been awarded an incremental $3.7 million contract by an agency of the U.S. Department of Defense to provide micro-miniature products and related services for detection of chemical warfare agents, toxic industrial chemicals and trace explosive vapors. The three-year contract begins current fourth quarter 2007.
Owlstone will develop, design and fabricate a customized variant of its miniaturized chemical detector using Field Asymmetric Ion Mobility Spectrometry ("FAIMS"). This customized version of the sensor will be designed to detect substances at exceptionally low levels while dramatically reducing false alarms that are typically associated with competing technologies. Initially, Owlstone will conduct live agent testing and develop enhanced algorithms to take advantage of the increased data stream provided by the Owlstone sensor. Additionally, efforts will include the development of micro- miniature elements which will enable the sensor to operate without the need for complex, power hungry ancillary systems (pneumatics and electronics). The final stage of the contract will be the delivery of a sensor module capable of being integrated into existing sensor packages in order to augment their capabilities.
Owlstone's proprietary FAIMS technology offers the flexibility to provide rapid alerts and detailed sample analysis with reduced flow and improved ion drive over current conventional technology. The performances of existing systems, which largely use conventional Ion Mobility Spectrometry, worsen dramatically as they are reduced in size. By contrast, the Owlstone FAIMS solution has improved sensitivity, improved selectivity at reduced power as it is miniaturized. It is not only a sensor, but a highly integrated system with the necessary electronic and mechanical components squeezed into a compact footprint. Micro and nano-fabrication techniques enable the detector to be manufactured in a massively parallel fashion, achieving small form factor, economy of scale and reduced unit cost. Unlike alternate miniature detectors, Owlstone's technology does not rely on exotic materials, custom engineered for each application, which often degrade over time. It is easily customized to each application through software updates and can be dynamically reprogrammed for new chemicals even after deployment. Use of chemically inert materials ensures a long operational and storage life.
About Owlstone Nanotech, Inc.
Owlstone Nanotech is majority owned subsidiary of Advance Nanotech and is a pioneer in the commercialization of nanotechnology-based chemical detection products. Its initial commercial product, The Owlstone Detector, is a revolutionary dime-sized device that can be programmed to detect a wide range of chemical agents that may be present in extremely small quantities. Using leading-edge micro- and nano-fabrication techniques, Owlstone has created a complete chemical detection system a hundred times smaller and a thousand times cheaper than existing technology. There are numerous applications -- across industries from security and defense to automotive and healthcare -- that depend on the rapid, accurate detection and measurement of chemical compounds. Owlstone works with market leaders within these applications to integrate the detector into next generation chemical sensing products and solutions. Owlstone's technology offers a unique combination of benefits, including: small size, low manufacturing costs, minimal power consumption, reduced false-positives, and a customizable platform.
About Advance Nanotech, Inc.
Advance Nanotech identifies patented, patent-pending and proprietary technologies at leading universities and funds the additional development of such technologies in exchange for the exclusive rights to commercialize any resulting products. Advance Nanotech has interests in over 20 nanotechnologies, grouped into two operating subsidiaries: Advance Display Technologies PLC, which is listed on the PLUS-Quoted market in London (ADTP) and Advance Homeland Security PLC. By partnering with universities and leveraging the infrastructure and multi-disciplinary human resources of its university partners, Advance Nanotech reduces its cost base and mitigates risk. After prototypes are proven within the lab and the Company develops a product roadmap and business plan, it forms majority-owned subsidiaries around the specific technology. It seeks to return value to our shareholders through the sale or licensing of the technology, by securing additional financing for the subsidiary from either the venture capital community or the capital markets, or by successfully executing its business plan and consolidating its income as the majority shareholder.
Advance Nanotech Subsidiary, Owlstone Nanotech, Receives First Purchase Order for Lonestar(TM) Product from Kidde
Tuesday October 23, 8:30 am ET
NEW YORK, Oct. 23 /PRNewswire-FirstCall/ -- Advance Nanotech, Inc., (OTC Bulletin Board: AVNA - News), today announced that its Owlstone Nanotech subsidiary has received a purchase order for test quantities of its Lonestar product from Kidde IP Holdings Limited, the research subsidiary of UTC Fire & Security Corporation (NYSE: UTX - News).
"We have been working with Owlstone for over two years to evaluate Owlstone's FAIMS (Field Asymmetric Ion Mobility Spectrometry) technology for use in fire detection systems" said Max Allsworth, senior research physicist, Kidde. "We were pleased with the progress of testing to date".
"We are proud to announce purchase orders for our Lonestar product," said Bret Bader, CEO of Owlstone Nanotech. "Kidde is a world leader in the production of advanced systems for safety detection, prevention and protection; we believe our continuing collaboration with Kidde will lead to a new wave of detection systems incorporating FAIMS technology that alert people to fires, fumes and other dangers at the earliest possible moment, reducing the number of injuries and deaths caused by fires."
The Lonestar product line provides a powerful and adaptable chemical monitor in a self-contained, compact portable unit that can be easily integrated into industrial settings. Incorporating Owlstone's proprietary Field Asymmetric Ion Mobility Spectrometry (FAIMS) technology, the instrument offers the flexibility to provide rapid alerts and detailed sample analysis. Lonestar units can be "trained" by users for different applications by "teaching" the unit normal operating parameters against which Lonestar can detect anomalous events. It can be easily integrated with other sensors and third party systems to provide a complete monitoring solution, and is suitable for a broad variety of applications ranging from online/at line process monitoring to laboratory based research and development.
About Owlstone Nanotech, Inc.
Owlstone Nanotech is a pioneer in the commercialization of nanotechnology- based chemical detection products. Its initial commercial product, The Owlstone Detector, is a revolutionary dime-sized device that can be programmed to detect a wide range of chemical agents that may be present in extremely small quantities. Using leading-edge micro- and nano-fabrication techniques, Owlstone has created a complete chemical detection system a hundred times smaller and a thousand times cheaper than existing technology. There are numerous applications -- across industries from security and defense to automotive and healthcare -- that depend on the rapid, accurate detection and measurement of chemical compounds. Owlstone works with market leaders within these applications to integrate the detector into next generation chemical sensing products and solutions. Owlstone's technology offers a unique combination of benefits, including: small size, low manufacturing costs, minimal power consumption, reduced false-positives, and a customizable platform. For more information on Owlstone Nanotech, please visit www.owlstonenanotech.com.
About Kidde
Kidde IP Holdings Limited is part of UTC Fire & Security Corporation which is a $4.7 billion dollar business providing fire safety and security solutions to more than one million customers worldwide.
About Advance Nanotech, Inc.
Advance Nanotech identifies patented, patent-pending and proprietary technologies at leading universities and funds the additional development of such technologies in exchange for the exclusive rights to commercialize any resulting products. Advance Nanotech has interests in over 20 nanotechnologies, grouped into two operating subsidiaries: Advance Display Technologies PLC, which is listed on the PLUS-Quoted market in London (ADTP) and Advance Homeland Security PLC. By partnering with universities and leveraging the infrastructure and multi-disciplinary human resources of its university partners, Advance Nanotech reduces its cost base and mitigates risk. After prototypes are proven within the lab and the Company develops a product roadmap and business plan, it forms majority-owned subsidiaries around the specific technology. It seeks to return value to our shareholders through the sale or licensing of the technology, by securing additional financing for the subsidiary from either the venture capital community or the capital markets, or by successfully executing its business plan and consolidating its income as the majority shareholder. For more information on Advance Nanotech, please visit www.advancenanotech.com.
Advance Nanotech Subsidiary Receives ISO9001 Certification
Thursday October 11, 8:00 am ET
NEW YORK, Oct. 11 /PRNewswire-FirstCall/ -- Advance Nanotech, Inc., (OTC Bulletin Board: AVNA - News), a leading provider of financing and support services to drive the commercialization of nanotechnology related products for homeland security and display technologies, today announced that its Owlstone Nanotech subsidiary has received registration to ISO 9001.
Certification was awarded in recognition of Owlstone's compliance with quality process standards and effective quality management systems in the design and manufacture of chemical detection products. The purpose of the standard is to create, maintain and improve a Quality Management System (QMS), which profitably satisfies customers and ensures compliance with all relevant statutory requirements now and in the future.
"Our product quality represents a key factor in its effectiveness when deployed in any particular environment. Achieving this certification clearly demonstrates the seriousness with which we take issues concerning product consistency and reliability," said Bret Bader, CEO of Owlstone Nanotech, Inc.
Commenting on the accreditation, Tony Goncalves, CEO of Advance Nanotech, Inc., said, "This is a very significant milestone resulting from many months of effort for which we thank our UK team in Cambridge and US team in New Jersey. The timing of this accreditation could not be better given that Owlstone recently launched its Lonestar product line primarily targeted to the industrial process control market."
More product information, pictures and technical specifications on the Lonestar product line can be found at Owlstone's updated website: http://www.owlstonenanotech.com
ISO 9001 applies to industries involved in the design and development, manufacturing, installation, and servicing of products. The standard is internationally recognized standard for running a business and provides a framework for managing and improving an organization's performance. ISO 9001 applies uniformly to companies in any industry and of any size. ISO9000 was adopted by the International Organization for Standardization in 1987 and was influenced by existing U.S. and other Defense Standards, and, consequently, was well-suited to manufacturing high-tech products such as munitions and other defense related equipment
1 million shares traded already?
VYST has been quietly working, and the results show.
I like this part...
"We developed an MMV (Multi-mission Mobile Video) product in response to market requests for miniaturization of the current video product, VFR. This product will be released in late 2007. Our research indicates that the market potential of the MMV is ten-fold that of the VFR. We expect to deliver more than 50 MMV units before the end of 2007. "
50,000 buy at 9 cents. (1008 AM)
View Systems sets up Bahrain offices
MANAMA: Bahrain-based security solutions company View Systems International, a subsidiary of US-based View Systems, has set up offices at the Bahrain Business Incubator Centre (BBIC) in Hidd.
View Systems are suppliers and producers of cutting-edge technology systems for the detection of weapons and dangerous materials, which include the Securescan walk-through portal, which uses advanced magnetic technology to accurately pinpoint threatening objects on a visual image of the subject.
Regional demand for their products has taken company executives by surprise, representatives told the GDN yesterday.
The recently formed company was in attendance at the Dubai Airport Show, and conducted the security at the venue.
Following the event, the government of Pakistan bought 40 Securecans for their special branch and CID.
There is also a Securescan being used at the Bahrain International Airport as part of a demo, and has been there for the past two weeks.
"I want to thank Nedhal Al Oujan, the general manager of the BBIC and Bahrain Development Bank for the financing and research and development aid," View Systems International's president and managing director Nadeem Asghar Ali said.
"We've been amazed by the response of this region for security systems and have accumulated sales in Bahrain, Saudi Arabia, Dubai, Kuwait, Oman and Jordan. We are also planning to continue our marketing into Europe in October, with Russia next month and hope to be in the Far East by the end of the year."
The company has been operational for the past 60 days, with an assembly unit, call centre, showroom and offices all located at the BBIC. Although they are 100 per cent functional, they have made plans to conduct an official opening ceremony in October this year.
"We have received more than 60 orders for Securescans that are to be delivered in the third quarter of this year," View Systems International's business development director, Dave Johansen said.
"Our production capacity is currently at 25 Securescan units per week and aim to develop this into 50 per week by the end of the year."
Johansen transferred to View Systems International from View Systems Incorporated, the US parent company where he was product manager.
"We also aim to increase our Bahrainisation levels over the course of the year. We are planning to transfer from importing our products from the US and are aiming to begin production from the raw material to finished product here in Bahrain," Johansen said.
"The BBIC has proven to be a friendly stable location and we are proof that the incubator program is successful."
There are six products currently at the showroom in Hidd including the Securescan, the Portable Securescan, the Visual First Responder, the multi-mission video responder, the LAW and the TM series Digital Video Recorder. To add to this there is also a dealer network across the GCC and the Levant with 13 dealers handling View Systems products.
"We are pleased and motivated to bring proven, and much needed security and safety technology to Bahrain. Our products are safe, accurate and very advanced. We will use our network of authorised dealers to fulfil the needs of our customers," Johansen concluded.
business@gdn.com.bh
http://www.gulf-daily-news.com/Story.asp?Article=188226&Sn=BUSI&IssueID=30122
Sorry, I am on the record in saying I saw 1.5 before 2.5 back in May, when others claimed TKO was at the bottom 2-2.1 and turning around.
I just choose not to continuing posting the obvious, as there is no reason for the constant negative posts. By the way, we have not hit your 1.6 target, nor my 1.5 target. We shall see.
Remote Watch
Not sure if this has been posted before.
http://www.remotewatchok.com/news.htm
View's partner is sure expecting big things from the Middle East Venture! This stock will not stay under 10 cents for long.
Xytrans to add jobs
Orlando-based Xytrans Inc. plans to add at least a dozen high-tech jobs at its local operations by the end of 2007, company officials said this week. The hiring initiative would mean a 50 percent increase in the security technology firm's work force. Xytrans expects its new marketing campaign in the Middle East to boost sales and fuel the new hiring. Earlier this week, it announced a joint venture with Baltimore-based View Systems Corp. to market security screening systems to government and commercial customers in the Middle East.
The various TKO accounts would total 6 million (Trend West/Earthlink/GE/etc).
MST= 3 million
SSI= 4 million
ETHO= 5 million
Gov= 8 million
2 million from sale of SSI equiment,
That adds to 25 million.
200 chip still not ready,
Only expecting 1.5 million from GE this year.
1 of 10 airports completed, getting 90,000 per airport.
Another 200 airports possibly in play.
Tampa Convention center was worth 100,000.
Implied they would look to taking out a loan vs issuing more shares to sustain themselves next couple of Q's.
Still projecting 25 million, but looks like they will blame the government for the delays if this is not achieved.
Gov, they are getting $4000-$5000 per seat.
Expecting 3-4 million 2nd Q, although they are closer to the 3 million with 2 weeks to go.
Where is the run up before this big conference call??
Something is not right.
Another press release and TKO is down. I still say the stock price of $1.5 is more likely than $2.5, time will tell.
I agree, they have no clue where they want to focus their product. 2-3 years ago it was all about the MDU market.
They talked about the 8 major city rollout, which has fallen by the wayside. I doubt this company will ever make a profit with the current management.
ADVANCE DISPLAY TECHNOLOGIES PLC
FINAL RESULTS
Chairman's statement:
"Fulfilling unmet technology needs" - those words, and the market opportunities
they represent, were the inspiration for the formation of Advance Display
Technologies Plc ("ADT") and I am pleased to say that ADT remains on course for
accomplishing this aim. Comprising nanotechnologies in development across
multiple display application areas: flat panel and projection displays, plastic
electronics and flexible displays, ADT presents an addressable market
opportunity of over $100 billion.
Working with scientists at the Centre for Advanced Photonics and Electronic, a
division of the University of Cambridge and the University of Bristol, we have
consistently met our research goals and have positioned ADT well to realize its
commercialization goals and maximize its market opportunities.
In fact, over the next 12 months, we hope to see the first revenue from one of
our most exciting products, a "nanodiamond" field emission display (FED),
developed by NanoFED Limited, that offers a quantum leap in efficiency and
cost-effectiveness over existing technologies such as liquid crystal displays
(LCDs) and cathode-ray tubes. NanoFED Limited's low voltage flat panel
displays have a wide range of potential applications from displays in cars and
mobile phones to high-resolution computers and television screens for both
medical and military use. Their broad applicability offer potential access to
the $95 billion per year direct view television market. Toward that goal,
NanoFED Limited, in collaboration with the University of Bristol, recently
filed four patent applications of its core nanodiamond technology in the US,
EU, Japan and South Korea.
Another technology in ADT's pipeline, NanoLight Limited, is developing enhanced
phosphors incorporating zinc oxide nanorods for high-efficiency, low voltage
FEDs and light emitting diodes (LEDs). The zinc oxide nanorods under
development at NanoLight Limited are more environmentally friendly and will
consume ninety percent less energy than traditional light sources. The first
phase of the project, evaluating the feasibility of generating new low voltage
phosphors on glass substrates for FEDs, has been completed and the second stage
in which researchers will work to integrate the proposed hybrid phosphors into
new types of LEDs is already underway. ADT envisions fabricating a prototype
LED using coating procedures already available in the University of Bristol's
laboratories and licensing the NanoLight Limited technology to current phosphor
manufacturers.
Flexible displays are expected to create new markets within the electronic
display industry and ADT is helping to lead the way. In collaboration between
ADT and Dow Corning Limited, Ultratubes (formerly referred to as NanoOptics
Limited) is developing enhanced polymer composites incorporating nanoparticles
for ultrafast light modulation and laser pulse generation for use in optical
and telecommunications equipment as well as in bio-medical instruments,
chemical analysis, time resolved spectroscopy, electro-optical sampling,
microscopy, medical diagnostics and therapeutics, material processing, marking
and drilling. Last year, researchers produced their first working prototype by
demonstrating the efficient and inexpensive production of carbon nanotube (CNT)
polymer mode-lockers. In December 2006, Ultratubes agreed to the shipment of
evaluation samples of its mode-lockers to a leading manufacturer of short-pulse
lasers based in Germany. Also confirming its value, the technology was
recently selected as a finalist for the prestigious Brian Mercer grant.
In collaboration between ADT and Alps Electric Company, Osputt (formerly known
as Inovus Materials) is using carbon nanotubes and liquid crystal based
composites to improve the performance of optical engines in high resolution
projection based displays. Optically addressable spatial light modulators
(OASLMs) will enable new high resolution and high contrast optical engines,
creating lifelike images in projection based systems for home, office and next
generation digital cinema. Real time, high resolution digital cinema will
greatly improve the viewing experience of moviegoers and could have a
significant impact on the electronics components and home entertainment
markets. Last year, the Osputt team unveiled the first working prototype of an
optically addressed holographic projection engine exploiting unique
nanomaterial properties using an all optical spatial modulator. The optically
addressed holographic projection engine represents a fundamental step towards
realizing the future generation of high performance displays.
We believe ADT's business model - partnering with leading university research
labs and focusing our resources on bringing their ideas to market - offers the
maximum value to shareholders.
We look forward to continuing to serve our shareholders, and thank you for your
valued support and loyalty.
The following abbreviated consolidated financial statements are the unaudited
group's financial position as at 31 December, 2006. Owing to the nature
of the company's policy of share capital growth, and the lack of internal
revenue, the directors do not recommend the payment of a dividend.
Tony Goncalves
Executive Chairman
Investors Stock Daily Opinion on TKO
TELKONET, INC. - (AMEX: TKO)
Telkonet's Microwave Satellite Technologies Subsidiary Raised $9.1 Million in Private Placement - MST Going Public in Reverse Merger; Will Trade on Bulletin Board. (Full Release Click HERE)
MY TAKE: You ever light a firecracker then run away anticipating the big bang when you suddenly realize that it has "fizzed out"? You walk back slowly with trepidation, fearing that it will suddenly re-ignite and scare the bejesus out of you. You try a couple times to grab and light the small remaining wick, hoping that you can salvage your little festival and ultimately you come to accept that it is, in fact, a dud. The market feels the same way about TKO. In my opinion, the "Telkonet firecracker" that was lit a few years ago, is still very much smoldering and not a dud at all. There is a solid foundation being built at Telkonet and with the results of the next few quarters, I believe that we will have our much anticipated celebration. I think one of the most critical milestones that must be achieved is for the Company to become cash flow positive as the Street is not yet convinced that TKO is done going to the equity market for survival - investors at all levels need to see that the dilution to sustain existance has stopped. Once they can show that their basic business plan and growth strategy is internally fundable, shareholder and market confidence will once again soar to the levels that we all have been expecting.....and WAITING for.
This stock has been on a downward trend for 2 years, why is this the bottom? You just said it yourself the 25 million is a stretch. The GE alliance is the only positive I see in this stock, I see $1.5 before $2.5.
Some Buying before the Civil Aviations Expo at the Dubai Trade Center (May 28-30). Good exposure, hopefully we have now turned the corner.
This was stated in the May 10th PR.
View Systems has also been chosen to provide security at all entrances of the upcoming Civil Aviations Expo at the Dubai Trade Center starting at the end of this month.
News
Advance Display Technologies plc - Realignment of Portfolio and Board Change
16 May 2007
ADVANCE DISPLAY TECHNOLOGIES PLC
REALIGNMENT OF PORTFOLIO AND BOARD CHANGE
LONDON - 16 MAY 2007 - Advance Display Technologies plc (PLUS-quoted: ADTP), a
provider of financing and support services to drive the commercialization of
nanotechnology related products for display technologies today announced a
strategic realignment of its Research & Development pipeline.
The strategic decision to realign the portfolio to focus resources on six
technologies demonstrates the Company's ongoing commitment to strengthen and
better position its core technologies in development for commercialization.
Following this realignment, commercialization of the entire portfolio is
anticipated within 36 months time.
As part of the realignment, Advance Display Technologies and the University of
Cambridge have terminated a third party agreement and cancelled the following
technology projects: 1) Cambridge Nanotechnology, 2) NanoPhotonics and 3)
Exiguus Technologies. Advance Display Technologies transferred two projects,
Ultratubes (formerly known as NanoOptics) and Osputt (formerly know as Inovus
Materials) to the Centre for Advanced Photonics and Electronics (CAPE, as
described below). Advance Nanotech, Inc., the parent company of Advance
Display Technologies plc, is a strategic partner at CAPE along with the
University of Cambridge, Alps Electric (UK) Limited, Dow Corning Limited and
Ericsson (NASDAQ:ERIC).
Subsequent to the transfer, Ultratubes became a joint collaboration between
Advance Display Technologies plc and Dow Corning Limited and Osputt became a
joint collaboration between Advance Display Technologies plc and Alps Electric
(UK) Limited.
The collaboration agreement between Advance Display Technologies plc and the
University of Bristol (originally entered on 13 December 2004) to further
develop the existing technologies the University has generated in the area of
field emission displays has expired on its own terms as of December 2006.
Advance Display Technologies plc is in discussion with the University with
respect to the intellectual property rights resulting from the original
collaboration agreement. Subject to final resolution of the intellectual
property rights, Advance Display Technologies plc is negotiating to extend the
NanoFED and NanoLight programs with a view to their commercialization.
Also as part of this realignment, Advance Display Technologies plc announces
the resignation of Thomas Holzel as a Non Executive Director. A new
independent Director is being sought and the Company looks forward to updating
the market in due course.
ABOUT CENTRE FOR ADVANCED PHOTONICS AND ELECTRONICS
The Centre for Advanced Photonics and Electronics (CAPE) is housed within the
newly constructed Electrical Engineering building at the University of
Cambridge, and includes over 22 academics, 70 post-doctoral researchers and 170
researchers. CAPE is an inter-disciplinary facility providing over 4,800m2 of
state-of-the-art research and laboratory space and the building was largely
funded by the UK government.
ABOUT ADVANCE DISPLAY TECHNOLOGIES PLC
Advance Display Technologies plc has been established to commercialize
innovative, nano-enabled technologies within the global GBP54 billion display
industry. ADT develops materials and devices across three distinct display
applications areas: flat panel and projection displays, plastic electronics,
flexible displays. For more information on ADT, please visit www.adtplc.com.
The Directors of the Issuer accept responsibility for this announcement
Except it is one million USERS and not subscribers.
They have 1,900 hospitality customers, I don't know how much revenue they get from the hotels on a monthly basis. All I know is we have been promised 25 million in revenue for the year.
News out, probably not going to stop the downward selling pressure however. Then again, with TKO, who knows.
Press Release Source: EthoStream, LLC
EthoStream Exceeds One Million Monthly Network Users Milestone
Wednesday May 16, 8:30 am ET
Receives High Marks for Customer Satisfaction for its Hospitality High-Speed Internet Access Network
GERMANTOWN, Md.--(BUSINESS WIRE)--EthoStream, LLC, operators of one of the largest hospitality high-speed Internet access (HSIA) networks in the U.S., and a preferred or endorsed provider for some of the world's largest hotel franchisors, has surpassed one million monthly network users among its 1,900-plus hospitality customers representing over 149,000 guest rooms.
ADVERTISEMENT
EthoStream's success and strong customer base has been driven by its focus on end-to-end quality of service for their high-speed Internet access system. From designing and developing their own solutions to servicing customers with their own dedicated employees, EthoStream provides true satisfaction to hotel management and guests.
With their Remote Management Console (RMC), EthoStream offers one of the most comprehensive technology and communications management platforms available today. As a web-based platform, the RMC enables hotel management to proactively monitor, manage and make changes to the high-speed Internet access system. EthoStream's support center has a proactive view of the guest's HSIA usage via the RMC, so they can anticipate guests' needs and quickly resolve any issues.
Jason Tienor, president and CEO of EthoStream, remarked, "Our guiding principle has always been quality of service and looking for solutions that benefit our customers. While we have crossed a major threshold for the delivery of our comprehensive technology management platform we continue to look ahead in order to break new barriers in Internet technology and to continue our market dominance within the hospitality industry."
Customers across the US have responded in an overwhelmingly positive fashion to EthoStream's service and general convenience. User response for its on call Help Line representatives has been particularly enthusiastic with guests pointing to the courteous, patient and professional assistance and 24/7 access.
I will be relieved when they raise some money.
The back log is nice,
New products such as the Cell Phone Intercept Apparatus (C.I.A.) are suppose to be ready by midyear.
The Mid-East market could be better than the domestic.
We have also entered into an agreement with the Bahrain Investment Development Bank , which is providing support for the establishment of a distribution and manufacturing entity.
A little about the Bank
http://www.arab.net/bahrain/bn_bdb.htm
for the duration of the contract set to expire in 2010.
Is that really a lot of money, 4 million in 3 years?
The leaking of news with this stock is a joke, there is no excuse for the volume on Friday, only insiders make money.
Is that TKO issuing more shares?
Telkonet iWire System Creates Network Backbone for the Royal Oak
http://www.powerlinenetworking.co.uk/content/view/118/1/
Telkonet, Inc., the US-based leader in providing in-building broadband access over existing electrical wiring, reports that its Telkonet iWire System™ has been deployed in the Royal Oak, an award-winning restaurant with 5-star accommodation in East Lavant, Sussex. The system was installed by UK specialist Systemax Communications, to provide economical high speed Internet access and data networking throughout the small, up-market 8-bedroom venue, which is spread across four separate buildings.
Strong market demand from the venue's corporate clientele for broadband Internet access triggered the installation of the Telkonet iWire System™. This utilises the building's existing electrical wiring to distribute high-speed Internet and data access - turning power sockets into data ports - with guests connecting their laptops via Telkonet iBridge™ interface units, which have been installed in each room.
The Royal Oak is located in a quiet, picturesque village, close to the leisure and event facilities at Goodwood, with the home of Rolls Royce Motor Cars also nearby, generating significant patronage for the venue. Craig Eldridge, a chef at the Royal Oak, and the venue's IT champion, explained their choice of the Telkonet system:
"WiFi seemed an obvious candidate at first, but concerns were raised over its viability, due to the presence of lead-covered roofs, plus metal railings around a large balcony area, and the sheer quantity of metal in the kitchen's catering equipment and air extraction system. Achieving adequate wireless coverage would have taken the cost to an uncompetitive level, and we were also nervous about WiFi's security aspects, as we could not afford our clients to feel that their communications were anything less than rock-solid secure. Our preferred solution also had to minimise the need for any technical support, as our clients would not appreciate us delving into their laptops to help them connect. Fortunately, Telkonet's solution does not require this degree of support, and our first client to try the system ran downstairs into the kitchen to tell us how pleased he was that he'd connected so easily!"
The Telkonet iWire System's network backbone capability is also providing additional benefits to the Royal Oak, as it is being used to connect the venue's NFS room reservation system and is also scheduled to encompass its Comtrex restaurant ordering system. Following the success of the Telkonet installation at the Royal Oak, owner Nick Sutherland has engaged Systemax to deploy the same solution at another of his venues, Trents, in the nearby cathedral town of Chichester. Trents has 6 guest rooms, all furnished and equipped to the same standard as the Royal Oak, plus a busy drop-in bar, and is repeating the Royal Oak's formula in a more urban setting. Each guest room will have a Telkonet iBridge to provide the secure Internet connection, and a further iBridge is being installed to feed a WiFi hotspot in the bar area for casual users, underlining the overall flexibility of the system. These two installations also emphasise the suitability of the Telkonet system for the widest range of venues and building types. Combining high-speed Internet access with the ability to incorporate other IP devices into the same data backbone - such as wireless access points, PoS systems and surveillance cameras - provides a very high degree of flexibility and allows for long-term expansion without additional wiring.
Systemax Communications' Mike Coakley commented:
"Telkonet's solution is extremely straightforward. Its inherent scalability makes it very suitable for this kind of multi-building site, and if further rooms are added in the future, they will be Internet-enabled automatically via the power circuits. As a systems integrator and installer, our company values Telkonet's solution very highly - compared to the alternatives of CAT 5 cabling and wireless, this system wins for us on the grounds of simplicity, security, economy and reliability. It is also very quick to install. At the Royal Oak, we worked around the restaurant opening times to complete the initial installation in 3 hours! This was achieved without disturbance to the restaurant or any of the guest rooms. Each room has a Telkonet iBridge, which provides the connection to the Telkonet backbone from a guest's laptop, and connecting is quick, simple and hassle-free."
About Telkonet
Founded in 1999, Telkonet Inc. is a high-technology systems application developer of powerline communications (PLC) solutions for the commercial and industrial markets. Telkonet designs, develops, deploys and supports broadband Internet access solutions for a wide range of applications, including the hospitality, multi-dwelling/multi-tenant unit, government, and education markets in the United States and Europe. Its headquarters is located in Germantown, Maryland, USA, where a team of skilled professionals is employed across design, development, support, sales and administration. The company's leading edge technology is deployed in installations around the world, including Choice Hotels, Sandman Hotels, Inns and Suites, and many other leading brand names in the hospitality sector. Telkonet Inc. is listed on the American Stock Exchange (AMEX), trading under TKO. (For more information, please visit: www.telkonet.com)
Thanks for the link, Lots of good info.
Douglas Zorn Joins Advance Nanotech's Board of Directors
Wednesday March 7, 8:03 am ET
Founder of StarVox Communications, Appiant Technologies and Monterey Telecommunications is an expert in bringing promising early stage companies to commercialization
NEW YORK--(BUSINESS WIRE)--Advance Nanotech, Inc., (OTC BB:AVNA - News), the premier provider of financing and support services to drive the commercialization of nanotechnology related products for homeland security and display technologies today announces that Douglas Zorn has been appointed to its Board of Directors.
Mr. Zorn is the founder of three start-up companies and, over the span of a 30 year career, he has raised over $500 million in private and public equity and has been involved in more than 75 high-tech acquisitions. Mr. Zorn is the Founder, and currently serves as the Chairman and President, of StarVox Communications, a Voice-Over-Internet-Protocol (VoIP) communication company. In a few short years, he has built StarVox through acquisitions, into a business with $60 million in revenue. Mr. Zorn also has founded and served in past leadership positions at a number of technology companies, including as President, CEO and Chairman of Appiant Technologies, Inc., a communications software company, and as COO of Monterey Telecommunications Corporation, an OEM wireless switch manufacturer which was bought by a major telecommunication equipment manufacturer.
Mr. Zorn is a certified public accountant who holds a Master's in Business Administration from Santa Clara University. He is the first independent director of several that Advance Nanotech plans to add to its board.
Mr. Zorn's extensive experience in growing promising early stage companies through to commercialization also includes serving at Centigram Communications Corporation on a turn-around team that refocused the company and raised over $80 million in VC funding. During his tenure as Vice President and CFO of Centigram, the company, which created the prototype PC-based voice mail product that opened up the mass voice mail market, completed a successful IPO. Prior to this, Mr. Zorn held various positions at Gould, Inc. where he worked on over 25 technology acquisitions worth $3 billion in revenue.
"We are excited to welcome someone of Mr. Zorn's stature and business acumen to our board," says Advance Nanotech CEO Tony Goncalves. "Doug is a business builder whose expertise in growing promising early stage companies through to commercialization as well as his connections within the finance community will be of immediate and long-term benefit for Advance Nanotech."
"Advance Nanotech holds an impressive group of core technologies and I have a background in successfully monetizing technology assets. It is a great fit and I am excited about the opportunity to join Advance Nanotech's board at a time of such enormous momentum and potential," said Mr. Zorn.
About Advance Nanotech, Inc. (www.advancenanotech.com)
Advance Nanotech identifies patented, patent-pending and proprietary technologies at leading universities and funds the additional development of such technologies in exchange for the exclusive rights to commercialize any resulting products. Advance Nanotech has interests in over 20 nanotechnologies. In August 2006, the company completed a strategic realignment of its portfolio to more aptly leverage the strengths of the portfolio to provide the greatest value to shareholders. The Company currently possesses a critical mass of technologies in two core areas of activity; Homeland Security and Displays.
By partnering with universities and leveraging the infrastructure and multi-disciplinary human resources of our university partners, we reduce our cost base and mitigate risk. After prototypes are proven within the lab and we develop a product roadmap and business plan, we form majority owned subsidiaries around the specific technology. We seek to return value to our shareholders through the sale or licensing of the technology, by securing additional financing for the subsidiary from either the venture capital community or the capital markets, or by successfully executing our business plan and consolidating its income as the majority shareholder.
This news release contains forward-looking statements within the meaning of the "safe harbour" provisions of the Private Securities Litigation Reform Act of 1995. These statements are based upon our current expectations and speak only as of the date hereof. Our actual results may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties, including the recent economic slowdown affecting technology companies, the future success of our scientific studies, our ability to successfully develop products, rapid technological change in our markets, changes in demand for our future products, legislative, regulatory and competitive developments and general economic conditions. Our Annual Report on Form 10-K and 10-K/A, recent and forthcoming Quarterly Reports on Form 10-Q and 10-Q/A, recent Current Reports and other SEC filings discuss some of the important risk factors that may affect our business, results of operations and financial condition. We undertake no obligation to revise or update publicly any forward-looking statements for any reason.
I think they need to secure financing to support operations over the next 6-12 months. If and when this occurs, then the stock should make a run as sales have been ramping up. How else can you explain the stock not even budging with this news?
I just hope they can speed up the installs.
Advance Nanotech Portfolio Investment Receives Repeat Order and Scales-up Production
Monday January 22, 8:55 am ET
Sanden International (Singapore) places additional six-figure order for enxure labels to satisfy its entire manufacturing output for one year
NEW YORK--(BUSINESS WIRE)--Advance Nanotech, Inc., (OTC BB:AVNA.OB - News), the premier provider of financing and support services to drive the commercialization of nanotechnology related products for homeland security and display technologies announced that Singular ID, a company in which Advance Nanotech holds a 11.45% stake has received a repeat order from Sanden International (Singapore) Pte Ltd (SIS).
Singular ID, the provider of enxure, an individually tailored tagging solution designed to combat counterfeiting and forgeries offers unique, irreproducible tags with nanoscale magnetic domains that act like fingerprints to identify each tagged item. Unlike radio frequency (RF) tags, they cannot be detected remotely - this prevents others from finding Singular ID tags and removing them - an inherent advantage in the anti-counterfeit market. The Singular ID investment falls within the Homeland Security division of Advance Nanotech.
The new order is to provide labels for SIS's entire compressor production for the next twelve months. In addition to purchasing the labels, SIS is subscribing to the enxure data-hosting service and will pay an authentication fee per successful transaction. Although neither SIS nor Singular ID would disclose the full value of the contract, as a minimum it is into the six figures in Singapore dollars. Singular ID is now scaling-up its production to meet this substantially increased demand. SIS began as a small marketing office in 1974 and is wholly-owned by Sanden Corporation, Japan (TSE:6444 - News). SIS has grown into a multi-faceted, manufacturing and distribution organization with exports to more than 30 countries generating annual sales of more than S$200 million.
Dr Peter Moran, Singular ID's Chief Technology Officer, comments: "We are pleased that SIS has committed to scaling-up its use of our brand security system. This is particularly gratifying because of the fact that it is a repeat order clearly demonstrating confidence in our system. As a growing company, we are continuing to execute our business model of rolling-out innovative products, gaining commercial traction, and engaging our manufacturing partners to scale-up to meet the demands of high volume production."
Mr Robert Kheng, Managing Director of SIS, added: "We have been working with Singular ID over the past year to implement their brand security system on our products. We are very pleased with the proactive support from Singular ID and are enthusiastic to start implementing the solution for our entire product range."
Further details of this roll-out by Sanden International (Singapore) can be found on SIS's company website (http://www.sanden.com.sg/singular_id.html) and in a recent article that appeared in the November issue of Global Identification (a portion of the text is available on-line at http://www.global-identification.com/index.php?id=771).
Commenting on the announcement, Tony Goncalves, CEO of Advance Nanotech, said: "This order will serve to further cement Singular IDs relationship with this established partner and reaffirms Singular IDs significant technical advantage over competitors. The success of Singular ID is a further testament to the value of Advance Nanotech's Homeland Security division. We are confident of a strong 2007 performance for the division which presently has two products at market. The division is generating revenues and continues to sign-up new customers."
Advance Nanotech Subsidiary Successfully Lists in London
Business Wire - January 16, 2007 05:16
First Day of Dealings on PLUS Market and the First PLUS Market Listing of 2007
NEW YORK, Jan 16, 2007 (BUSINESS WIRE) -- Advance Nanotech, Inc., (OTC BB:AVNA.OB), the premier provider of financing and support services to drive the commercialization of nanotechnology related products for homeland security and display technologies announced that the Company's subsidiary, Advance Display Technologies plc ("ADT"), commenced trading today on the PLUS-quoted market in London.
ADT was formed in August 2006 as one of two operating divisions and majority-owned subsidiaries of Advance Nanotech. ADT, the first PLUS market listing in 2007, listed 50 million shares at $0.96 (GBP 0.50p) per share. Following the placing there were 50 million Ordinary Shares in issue, valuing the company at approximately $49 million at the placing price. Advance Nanotech, Inc. holds 94% of the issued share capital with a market value of just over $46 million. ADT trades under the ticker: ADTP
Commenting on the announcement, Magnus Gittins, Chairman of Advance Nanotech, said: 'We estimate that the global display market is worth over $100 billion. This growing market offers huge potential for our nano-enabled technologies. This listing will serve to augment the profile of the business such that we may take full advantage of the opportunities the sector offers." Tony Goncalves, CEO of Advance Nanotech, continued, "ADT has a nine-strong technology pipeline and we anticipate the commercialization of five of these by the end of 2007. We are pleased that the value of the portfolio has been reflected in our first trading day."
About Advance Display Technologies plc
Advance Display Technologies plc has been established to commercialize innovative, nano-enabled technologies within the global GBP 54 billion display industry. ADT develops materials and devices across three distinct display applications areas: flat panel and projection displays, plastic electronics, flexible displays. ADT has nine technologies in development with commercialization anticipated within 12-36 months time, and possesses agreements with global-leading scientific groups at the University of Cambridge, UK, and the University of Bristol, UK. By partnering with universities and leveraging their infrastructures and multi-disciplinary human resources, ADT reduces its cost base and mitigates its risk. Uniquely, ADT embeds employees to work in partnership with University in order to provide assistance and ensure that commercial potential is fully realized. Advance Display Technologies is a Subsidiary of Advance Nanotech Inc. For more information on ADT, please visit www.adtplc.com.
About Advance Nanotech, Inc.
Advance Nanotech identifies patented, patent-pending and proprietary technologies at leading universities and funds the additional development of such technologies in exchange for the exclusive rights to commercialize any resulting products. Advance Nanotech has interests in over 20 nanotechnologies which are grouped into two operating subsidiaries: Advance Display Technologies plc, which is listed on the PLUS-Quoted market in London (ADTP) and Advance Homeland Security plc. By partnering with universities and leveraging the infrastructure and multi-disciplinary human resources of our university partners, we reduce our cost base and mitigate risk. After prototypes are proven within the lab and we develop a product roadmap and business plan, we form majority owned subsidiaries around the specific technology. We seek to return value to our shareholders through the sale or licensing of the technology, by securing additional financing for the subsidiary from either the venture capital community or the capital markets, or by successfully executing our business plan and consolidating its income as the majority shareholder. For more information on Advance Nanotech, please visit www.advancenanotech.com.
Press Release Source: Advance Nanotech, Inc.
Advance Nanotech's Display Division Appoints Dr. Gerhard Rebel As CTO and Tom Holzel to the Board
Thursday January 4, 8:00 am ET
NEW YORK--(BUSINESS WIRE)--Advance Nanotech, Inc., (OTC BB:AVNA.OB - News), the premier provider of financing and support services to drive the commercialization of nanotechnology related products for homeland security and display technologies today announced that the Company's subsidiary, Advance Display Technologies plc ("ADT"), has appointed Dr. Gerhard Rebel to the position of Chief Technology Officer and Tom Holzel, a display industry veteran, to its board of directors. As was announced on December 22, 2006, ADT is in the process of listing its shares on the PLUS-Quoted (OFEX) market in London and expects to be listed by mid-January. Dr. Rebel's appointment serves to strengthen the management of ADT as it commercializes its nine-technology rich portfolio.
ADVERTISEMENT
"We are very pleased to have promoted Gerhard to this role. During his service as Senior Vice-President, Technology for Advance Nanotech, Gerhard played a leadership role in building these promising, young technologies into products with real road-maps to commercialization," said Tony Goncalves CEO of Advance Nanotech. Mr. Goncalves continued, "The recently announced planned listing of ADT in London will serve to underline the inherent value and strength of our display technologies."
Dr. Rebel is a former engineering research fellow and lecturer at the University of Reading, UK, where he specialized in mechanical engineering, system modeling, materials science and advance sensor systems. Dr. Rebel holds a BSc and PhD in Mechanical Engineering from the University of the Witwatersrand, South Africa and an MSc in international securities, investment and banking from the ICMA Centre, University of Reading. Dr. Rebel will be leading the development of a portfolio of technologies that will aim to serve current unmet technology needs within the $100 billion display and plastic electronics industries. Dr. Rebel remains a Senior Vice-President for Technology for Advance Nanotech, Inc. and will join the board of directors of ADT.
ADT has also appointed Tom Holzel to its board of directors. Mr. Holzel's expertise in product assessment and the development of strategic positioning campaigns has consistently produced results for many start-ups as well as for companies including Raytheon, Sony, and IBM. While it was still a prototype, Mr. Holzel sold a medical flat panel digital display to Zoll Medical for $12 million, so helping to fund the IPO of display company PixTech. Mr. Holzel sold a high-density low-voltage power supply to Motorola for $20 million, again while still a prototype. Mr. Holzel has been a company officer in four start-ups that led to IPOs and is a recognized expert in flat panel displays. Mr. Holzel was formerly the VP of Marketing for PixTech, a pioneer in the manufacture of first-generation field emission displays and ran their U.S. operations in Silicon Valley. Mr. Holzel has a degree in economics from Dartmouth College.
ADT was formed in August 2006 as one of two operating divisions and majority-owned subsidiaries of Advance Nanotech. ADT recently applied for its shares to be admitted for trading on the PLUS-Quoted (OFEX) market in London (http://www.plusmarketsgroup.com/cgi-bin/NewApplications.cgi?action= DispApplication&ISIN=NEWISSUE06).(Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.) ADT has published a prospectus disclosing details of its proposed floatation by way of a placing of 50 million shares at $0.96 (GBP 0.50p) per share. Following the placing there will be 50 million Ordinary Shares in issue, valuing the company at approximately $49 million at the placing price. Advance Nanotech, Inc. will hold 94% of the issued share capital with a market value of just over $46 million. Trading is expected to commence in mid January. A presentation articulating the strategy and portfolio of ADT may be downloaded from: www.adtplc.com.
ADT represents the consolidation of the Company's display technology portfolio and includes nine nanotechnologies providing nano-enabled materials and devices across three display applications areas: flat panel and projection displays, plastic electronics and flexible displays. ADT possesses relationships with the University of Cambridge and the University of Bristol. Of particular note within the portfolio is the NanoFED technology. NanoFED is seeking to utilize the unique properties of diamond, nano-sized dust to significantly increase the performance and lower the price of flat-panel displays that are so popular with consumers. NanoFED has exceeded expectations and ADT intends to showcase the technology to potential licensors within 2007. NanoFED represents the first technology within ADT's pipeline for commercialization and will be its first business built from an academic sourced platform technology.
About Advance Nanotech, Inc.
Advance Nanotech identifies patented, patent-pending and proprietary technologies at leading universities and funds the additional development of such technologies in exchange for the exclusive rights to commercialize any resulting products. Advance Nanotech has interests in over 20 nanotechnologies. In August 2006, the company completed a strategic realignment of its portfolio to more aptly leverage the strengths of the portfolio to provide the greatest value to shareholders. The Company currently possesses a critical mass of technologies in two core areas of activity; Homeland Security and Displays.
By partnering with universities and leveraging the infrastructure and multi-disciplinary human resources of our university partners, we reduce our cost base and mitigate risk. After prototypes are proven within the lab and we develop a product roadmap and business plan, we form majority owned subsidiaries around the specific technology. We seek to return value to our shareholders through the sale or licensing of the technology, by securing additional financing for the subsidiary from either the venture capital community or the capital markets, or by successfully executing our business plan and consolidating its income as the majority shareholder. For more information on Advance Nanotech, please visit www.advancenanotech.com.
This news release contains forward-looking statements within the meaning of the "safe harbour" provisions of the Private Securities Litigation Reform Act of 1995. These statements are based upon our current expectations and speak only as of the date hereof. Our actual results may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties, including the recent economic slowdown affecting technology companies, the future success of our scientific studies, our ability to successfully develop products, rapid technological change in our markets, changes in demand for our future products, legislative, regulatory and competitive developments and general economic conditions. Our Annual Report on Form 10-K and 10-K/A, recent and forthcoming Quarterly Reports on Form 10-Q and 10-Q/A, recent Current Reports and other SEC filings discuss some of the important risk factors that may affect our business, results of operations and financial condition. We undertake no obligation to revise or update publicly any forward-looking statements for any reason.
Contact:
Advance Nanotech, Inc.
Meghan Muldoon or Tom Black, 212-583-0080
Investor Relations
ir@advancenanotech.com