IQ Micro Inc (fka IQMC)

[Vintagemerc]

NEWS!!!!! read. September 06, 2009 2:17 PM ET

http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ric=IQMC.PK

Company Description
Contact Info
500 Australian Avenue S

Suite 700

West Palm Beach, FL 33401

United States

Phone: [phone]

Fax: [phone]

www.iq-micro.com IQ Micro, Inc., an international licensing company, commercializes proprietary technology developed for use in the microfluidics industry. The company’s microfluidic technology involves circuits of tiny chambers, channels and pumps that direct the flow of liquids on a single micro-chip, as well as membrane technologies. The company has been granted licensing rights to the microfluidics technology developed and patented by the Norwegian company, Osmotex AS. The company is in the process of pursuing licensing opportunities for its electro-osmotic membrane technology and the ‘invisible pump,’ a microfluidic technology with a range of consumer, medical and industrial applications. Products in Development The company, in addition to licensing its microactuator technology, is in the process of developing proprietary products based on its electrokinetic research. The company has developed an electric breathable membrane. The rate and direction of liquid transported through the membrane is controlled by an electric signal. The membrane can also be incorporated into various textiles, including intelligent sportswear and functional fabrics, in addition to being used in applications such as condensation removal. IQ Micro’s parent company is also developing ‘smart products’ using Micro-Electro-Mechanical Systems (MEMS). MEMS is the integration of microelectronics with micromachining technology to create systems-on-a-chip, or smart products. Sales and Marketing The company has a sales and marketing office located at West Palm Beach in Florida.

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Is this 2 mil. investment starting to pay of?
http://www.marketwire.com/press-release/Iq-Micro-750709.html