Quantum Materials Corp today released their QDX ™ class of rugged Cadmium-free quantum dots with the highest heat, oxidation and moisture resistance available industry-wide. QDX™ Quantum Dots do not degrade under the high heats used in application to film, silicon and polymer and allow for creative LCD display and LED lighting engineering as well as lowering protective barrier film costs.
SAN MARCOS, Texas, June 1, 2015 (GLOBE NEWSWIRE) -- Leading North American quantum dot manufacturer Quantum Materials Corp (OTCQB:QTMM) today launched their new QDX™ class of high-stability Cadmium-free quantum dots at the Society for Information Display (SID) Display Week 2015 International Symposium in San Jose, CA. QDX™ Quantum Dot production is underway on Quantum Materials' patented continuous-flow production system and assessment quantities have already shipped to the Company's largest potential customers.
"Our QDX Quantum Dots represent a game-changing development in advancing next generation display and lighting applications," said Quantum Materials Corp CEO Stephen Squires. "Their stability under high heat allows for more effective high temperature dispersion onto LCD display thin-film. In Solid-State Lighting, QDX Quantum Dots used in QD-LEDs will give better performance and effective life in high-heat and moisture-laden environments without degradation. We are excited to see QDX Quantum Dots unleash the engineering and design teams of our customers to facilitate advances in display and lighting applications never before possible."
QDX™ Quantum Dots have been tested to withstand heat resistance to 150 degrees centigrade for four hours with no oxidation performance degradation in an open air environment. Quantum Materials believes that QDX™ attributes and availability in commercial quantities will lead to large-scale mass-production of QD-LCD displays in the near future.
For Quantum Dot Liquid Crystal Display (QDLCD) manufacturing, QDX™ Quantum Dots reduce the need for expensive barrier films currently needed to prevent quantum dot degradation from moisture and oxygen. Custom characteristics can also be incorporated into QDX™, including large Stokes shift to reduce re-absorption loss for increased luminescence and better color purity.
QDX™ Quantum Dots are ideal for LED lighting development because they are more stable than organic phosphors and their high heat resistance enables better LED manufacturing capability, high illumination performance, long lifetime and resistance to power spike damage. Solid-state lighting made with QDX™ LED's will require less heat sinks or baffles and bring new and simpler design form factors to the lighting.
A new report from n-tech Research (formerly Nanomarkets) entitled 'Market Opportunities for Quantum Dots: 2015 to 2022' estimates the market for quantum dots (QDs) will grow from +$400 million in 2015 to $5.5 billion in 2020 and $12 billion in 2022.
Quantum Materials was cited in Sri Peruvemba's recent article for The Society for Information Display (SID) on 'Top 10 trends in display technology' and Quantum Materials executives at SID's Display Week 2015 launching QDX™ this week include CEO Stephen Squires, Chief Science Officer Dr. Ghassan Jabbour, Senior Director of Business Development for Asia/Pacific Toshi Ando, and Art Lamstein, Director of Marketing.
Company expands into new lab space, ramps up second patented continuous-flow production line, reaches QDX™ heat resistance to 260 degrees Celsius and ships QDX™ trial orders to six of the leading global display and television manufacturers
SAN MARCOS, Texas, June 25, 2015 (GLOBE NEWSWIRE) -- Quantum Materials Corp QTMM, +0.07% today announced that it has met target expansion of its lab and manufacturing operations on schedule in response to increased demand for the Company's recently -launched line of heat-resistant QDX™ Quantum Dots. The Company announced a planned quadrupling of its lab space in November 2014 and intent to bring a second patented continuous-flow Quantum Dot production online by June 2015 and has successfully executed upon this planned capacity expansion.
Ongoing environmental testing of the Company's new line of QDX™ Quantum Dots this week has also obtained heat resistance to 260 degrees Celsius, an important benchmark opening the implementation of Quantum Dots into new solid state lighting solutions due to the high-heat resistance required for casting Quantum Dots in the LED manufacturing process.
Interest in the Company's QDX™ Quantum Dots from display manufacturers has been high as testing has shown that QDX Quantum Dots do not degrade under exposure to the elevated temperatures typical during encapsulation in resins, silicones and other polymers. In display applications this enhancement can enable the use of lower cost protective films. To address this market need, Quantum Materials has shipped QDX™ trial orders this week to six of the leading global display manufacturers to support ongoing market-driven joint development efforts.
"Our capacity expansion has been implemented at just the right time as demand for QDX™ takes off," said Quantum Materials Founder and CEO Stephen Squires. "We recognize the hurdles required to integrate Quantum Dots into exciting new display and lighting applications and our scientists' focus on engineering the appropriate characteristics into our offerings is yielding solid and tangible results. We are particularly pleased with achieving heat resistance to 260 degrees Celsius, which not only fulfills display market demands, but also opens up the entire LED lighting market to Quantum Dot integration."
QDX™ Quantum Dots are ideal for LED lighting development because they are more stable than organic phosphors and their high heat resistance enables better LED manufacturing capability, high illumination performance, long lifetime and resistance to power spike damage. Solid-state lighting made with QDX™ LED's offer the opportunity to reduce heat sinks, remove bulky features, and bring innovative and clean form factors to the evolving lighting market.
Quantum Materials Corp will be attending the Rodman & Renshaw 17th Annual Global Investment Conference, Sept. 8 - 10, 2015 in NY, NY.
About Quantum Materials Corp
Quantum Materials Corp develops and manufactures Quantum Dots and nanomaterials for use in medical, display, solar energy and lighting applications through its patented volume production process. QMC's volume manufacturing methods enable consistent quality and scalable cost reductions to drive innovative discovery to commercial success. Quantum Materials Corp technology continues to move the future of Quantum Dots to the present. Quantum Materials' products are the foundation for technologically superior, energy efficient and environmentally sound LCD UHD displays, the next generation of solid-state lighting, solar photovoltaic power applications, advanced battery and energy storage solutions, biotech imaging, and biomedical theranostics. Wholly-owned subsidiary Solterra Renewable Technologies develops sustainable Quantum Dot solar technology. www.QMCDOTS.com
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995
This press release contains forward-looking statements that involve risks and uncertainties concerning business, products, and financial results. Actual results may differ materially from the results predicted. More information about potential risk factors that could affect our business, products, and financial results are included in our annual report and in reports subsequently filed with the Securities and Exchange Commission ("SEC"). All documents are available through the SEC's EDGAR System at http://www.sec.gov/ or www.QMCDots.com. We hereby disclaim any obligation to publicly update the information provided above, including forward-looking statements, to reflect subsequent events or circumstances.
CONTACT: Business: Art Lamstein Director of Marketing 415.609.4969 artlamstein@qmcdots.com Toshi Ando Senior Director of Business Development for Asia/Pacific 510.300.4021 toshi@qmcdots.com Media: Rich Schineller 941.780.8100 rich@prmgt.com Investor Relations: Clay Chase /SD Torrey Hills Capital 858.456.7300 cc@sdthc.com Copyright (C) 2015 GlobeNewswire, Inc. All rights reserved.
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