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PSI-TEC Holdings, Inc. Announces Subsidiary-Merger and Name Change to 'Third-Order Nanotechnologies, Inc.'

WILMINGTON, Del.--(BUSINESS WIRE)--PSI-TEC Holdings, Inc. (Pink Sheets:PTHO - News) and its wholly owned subsidiary PSI-TEC Corporation, today announced the parent-subsidiary merger of the two companies. PSI-TEC Holdings, Inc. is the surviving corporation of the merger, and effective today, its name is changed to Third-Order Nanotechnologies, Inc. (Pink Sheets:TDON - News) and its new trading symbol is TDON.PK.

The merger and name change are part of an ongoing corporate reorganization in the company's move toward product commercialization following technological achievements which have fostered the recent growth of the company, including the acquisition of a prototyping and first-step commercialization facility for fabrication of components in both the civilian and military high-speed telecommunication and computation markets.

"Our new name refers to the beyond-next-generation nature of our recent technology achievements," explains Third-Order CEO, Ron Genova, "and it is intended to create a more descriptive, powerful brand identity for our company as we begin to enter into our product commercialization stage."

Third-Order Nanotechnologies, Inc.'s molecularly-engineered materials are the basis of its organic polymer technology platform. The recently reported resolution of molecular stability issues, together with an exceptional electro-optical performance and high yield material synthesis process, represents the potential to remove the final hurdles to a broader proliferation of low cost organic materials for numerous applications.

About Third-Order Nanotechnologies

Third-Order Nanotechnologies, Inc. is a development stage research and development company that is in the process of developing high-activity, high-stability electro-optic polymers for application in the electro-optic device market. Electro-optic devices convert data from electric signals into optical signals for use in communications systems and in optical interconnects for high-speed data transfer.

For corporate information regarding Third-Order Nanotechnologies, Inc. please contact Investor Relations Manager, Brock Malky at 724.742.4420, [e-mail].

For Media Inquiries regarding Third-Order Nanotechnologies, Inc. please contact Senior Public Relations Manager, Carrie Altuvilla Gilmore at 949.330.6055, [e-mail].

Safe Harbor Statement

The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control.

Contact:
Thinkbig Media for Third-Order Nanotechnologies
Carrie Altuvilla, 949-330-6055
Mobile: [phone]
[e-mail]

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Source: Third-Order Nanotechnologies