Friday, April 08, 2011 8:49:32 AM
Real Paper Displays Inc. announced that Aqua Star Corporation has signed a joint development agreement with Absolute Graphic Technologies USA, Inc. The two companies have partnered to work collaboratively on the product development of a high efficiency water based air conditioning system. Under the leadership and direction of AquaStar, AGT will design and build the initial prototypes and beta versions of the system in exchange for contract manufacturing rights and an equity position in Real Paper Displays, Inc. The system is based upon patented technology developed at Texas A&M University; which has been licensed by AquaStar and is being commercialized into a product.
http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=98519693
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