Published:
Sigma-Aldrich Signs Agreement With SouthWest NanoTechnologies to Distribute SWeNT(R) Single-Wall Carbon Nanotubes
ST. LOUIS, Dec. 3 /PRNewswire-FirstCall/ -- Sigma-Aldrich (Nasdaq: SIAL)
and SouthWest NanoTechnologies Inc. (SWeNT), a leading producer of single-wall
carbon nanotubes, announced today that they have signed an agreement under
which Sigma-Aldrich will distribute SWeNT's single-wall carbon nanotubes to
the research and development community.
Under the terms of the agreement, Sigma-Aldrich will exclusively
distribute research quantities of SWeNT(R) CG 100, SWeNT(R) SG 65 and SWeNT(R)
SG 76 single-wall nanotubes globally through itsAldrich(R) division
(http://www.sigma-aldrich.com/nanocarbon). SWeNT will continue to work closely
with industry partners to deliver commercial quantities of the materials and
focus on commercial application development and large-scale production.
Single-wall carbon nanotubes consist of a hollow cylinder of carbon with a
diameter equal to approximately one nanometer -- a billionth of a meter. Due
to their unusual structure, single-wall nanotubes exhibit extraordinary
optical and electronic properties, tremendous strength and flexibility, and
high thermal and chemical stability. These remarkable properties make them
suitable for a wide range of applications in the automotive, aeronautics,
electronics, displays, energy and healthcare markets.
"There are significant global market opportunities for single-wall carbon
nanotubes, and Sigma-Aldrich has a world-class distribution network. This
agreement will provide the best possible products and service to the research
and development community, which is incorporating SWeNT carbon nanotubes into
innovative, emerging technologies," said SWeNT CEO David Arthur. "In our role
as a leading producer of high-quality single-wall nanotubes, we are committed
to being an innovative partner in Sigma-Aldrich's continued development and
creative applications. This agreement is key to reaching that goal."
Ilya Koltover, business development manager, Aldrich Chemistry and
Materials Science, added: "Progress in nanotechnology research depends on a
reliable supply of consistently high-quality nanomaterials, supported by
thorough characterization and technical information. This is especially true
for single wall carbon nanotubes, and we are pleased to work with SWeNT, who
is committed to the goal of providing such supply. This partnership will help
researchers and accelerate nanotechnology innovation around the world."
For more information about the single-wall carbon nanotubes, visit
http://www.sigma-aldrich.com/nanocarbon.
About Sigma-Aldrich: Sigma-Aldrich is a leading Life Science and High
Technology company. Its biochemical and organic chemical products and kits are
used in scientific and genomic research, biotechnology, pharmaceutical
development, the diagnosis of disease and as key components in pharmaceutical
and other high technology manufacturing. Sigma-Aldrich has customers in life
science companies, university and government institutions, hospitals, and in
industry. Over one million scientists and technologists use our products. The
Company operates in 36 countries and has 8,000 employees providing excellent
service worldwide. Sigma-Aldrich is committed to Accelerating Customer Success
through Leadership in Life Science, High Technology and Service. For more
information about Sigma-Aldrich, please visit its award-winning website at
http://www.sigma-aldrich.com.
About SouthWest NanoTechnologies: SWeNT produces three lines of carbon
nanotube products using the patented CoMoCAT(R) catalytic method, widely
recognized for its quality and scalability. The Company was founded in 2001 to
commercialize nanotube technology developed at the University of Oklahoma by
Daniel Resasco, a professor of chemical engineering and world-renowned expert
in the fields of single-wall carbon nanotubes and catalysis. In June 2008,
SWeNT moved to its new $3.9 million, 18,000-square-foot manufacturing facility
inNorman. With approximately 10,000 square feet of 32-foot high-bay
production space, SWeNT can produce at least 100 times more product than at
its previous pilot plant location. For more information about SWeNT, visit
http://www.swentnano.com.
Cautionary Statement: This release contains forward-looking statements
relating to future performance, goals, strategic actions and initiatives and
similar intentions and beliefs and other statements regarding the Companies'
expectations, goals, beliefs, intentions and the like, which involve
assumptions regarding the Companies' operations and conditions in the markets
the Companies serve. The Companies do not undertake any obligation to update
these forward-looking statements.
Sigma-Aldrich andAldrich are trademarks of Sigma-Aldrich Biotechnology LP
and Sigma-Aldrich Co.
SWeNT(R) and CoMoCAT(R) are registered trademarks of SouthWest
NanoTechnologies Inc.
SOURCE Sigma-Aldrich
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