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Nano
Biz...in depth...
im detail
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Nanotechnology, Investing in Tomorrow, Today
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RENO,
NV -- (MARKET WIRE) -- 04/26/2004 -- AXcess News (www.axcessnews.com)
released a story covering the latest breakthroughs in
nanotechnology and some of the companies investors should
be watching.
A giant bet in nanotechnology may be the payoff of the
century for investors who track this cutting edge technology.
Companies like Isonics Corporation (NASDAQ: ISON) amongst
the small caps has been making great strides in isotopically-pure
silicon-28 with superior thermal properties compared
to normal silicon. While IBM, the leader in nanotechnology
investments amongst big board companies, announced a
new partnership Monday with Stanford University on high-performance,
low-power components to help build smaller and faster
electronic devices.
The partners said their latest research in the field
of "spintronics" could lead to reconfigurable
logic devices, room-temperature superconductors and
quantum computers in the next five years.
Yet regardless of the breakthroughs in nanotechnology,
many companies are moving quickly to harness future
applications. Motorola, Honeywell and Cypress Semiconductor
have signed licenses for MRAM (magnetic random access
memory). MRAM has been called "the ideal memory,"
potentially combining the density of DRAM with the speed
of SRAM and non-volatility of flash memory or disk.
Golden Colorado based Isonics has developed isotopically
pure silicon-28 to replace natural silicon in the production
of wafers for computer chips.
In March Isonics announced an agreement to acquire the
silicon wafer manufacturing business and related assets
from EnCompass Materials Group Ltd. (EMG) of Vancouver,
Washington, allowing it to move into higher margin wafer
sales using its patented silicon technologies.
Isonics recently raised $3.3 million in a private placement
of convertible preferred stock to Mercator Advisory
Group, LLC. The private placement marked the second
capital round for the micro cap company this year, bringing
the total to in excess of $5.5 million. Mercator bought
both offerings. Proceeds were earmarked for the EMG
acquisition's working capital requirements.
The story also contains news on Sandia National Laboratories
latest discovery in nanotechnology released today and
highlights several Fortune 500 companies that have licensed
future technologies.
To read the whole story, go to http://www.axcessnews.com
About AXcess News:
Dubbed the "Yahoo! of small cap business news"
by Gordon Borrell, one of America's leading media and
research gurus, AXcess News is fast becoming a known
commodity for both the serious investor and people in
general looking for informed articles and insightful
columns. http://www.axcessnews.com
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Nano Biz
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