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Nanotechnology Industry Leaders Join Forces to Form Lux Research

Nanotech Thought Leaders, Investors and Visionaries Launch Strategic Advisory Powerhouse

 

NEW YORK, May 17 /PRNewswire/ -- Industry leaders, including Mark Modzelewski of the NanoBusiness Alliance and Peter Hebert of Lux Capital, today announced the launch of Lux Research, the world's premier research and advisory firm focusing on the business and economic impact of nanotechnology and related emerging technologies. Lux Research provides continuous advisory services, customized studies, and consulting to large corporations, start-ups, the government and financial institutions. Its founders and research staff are the most widely recognized nanotechnology visionaries throughout the world.


Lux Research is backed by world-class investors with unmatched experience in building research and services businesses, including: Eric Greenberg (founder of Scient, Viant and Acumen Sciences); DeSoto Jordan (co-founder and Director, Perot Systems), Gerson Lehrman Group, and nanotech venture firm Lux Capital.


The Lux Research founding team of nanotechnology thought leaders and power brokers includes:


Peter Hebert, Co-Founder and CEO of Lux Research. Peter is also co-
founder and Managing Partner of Lux Capital, focusing on investments
in nanotechnology. He is a Contributing Editor of the Forbes/Wolfe
Nanotech Report and a co-author of "The Nanotech Report". Prior to the
formation of Lux Capital, he worked in Lehman Brothers' Equity
Research group.

Ken Allard, Chief Operating Officer of Lux Research. Prior to joining
Lux, Ken was the head of research operations at Acumen Sciences, a
company offering analysis, data, and advice to senior executives in
the life sciences industry. Before Acumen Sciences, Ken was the Senior
Vice President of Research at Jupiter Media Metrix. As SVP of
Research, Ken oversaw all of Jupiter's advisory research business. He
was responsible for the management and development of Jupiter's
analyst staff as well as its content and product strategy. Also, Ken
served as the Director of Interactive Product Development for
GartnerGroup

F. Mark Modzelewski, Co-Founder and Managing Director of Lux Research.
Mark was the Founder and Executive Director of the NanoBusiness
Alliance, the nanotechnology field's industry association. Mark was a
driving factor behind behind the 4-year $3.7 billion Nanotechnology
Research & Development Act, and stood behind President Bush in the
Oval Office as he signed the act into law in December 2003. He is also
a member of the Nanotechnology Technical Advisory Group to President
Bush's PCAST. Mark has advised national and regional governments,
Fortune 500 corporations, leading start-up and investors on
nanotechnology and its impact. Before starting the Alliance, Mark
served as a principal in several technology start-ups. He started his
career an appointee in the Clinton Administration working on
investment, economic development and technology policy.


"We're very excited to bring together a team and group of investors that have all built market-leading organizations," said Lux Research CEO Peter Hebert. "We're committed to providing our clients with an understanding of how nanotechnology and other emerging technologies will affect their business and helping to develop actionable strategies to gain a competitive edge."


"Lux Research has assembled an unmatched nanotechnology team, trusted for their advice and vision by everyone from sophisticated investors and Fortune 500 executives to top researchers and key government leaders," said Randy Levine, President and CEO of molecular memory developer ZettaCore, Inc. He added, "No research firm has this combination of visionaries and power brokers to drive their client's strategy and development in the nanotechnology field."


Building on the overwhelming success of The Nanotech Report and other research services, Lux Research will develop strategies, reports, consulting projects, surveys, events, and seminars for its clients. Previous efforts have been lauded by Fortune 500 corporations, investors like Kleiner Perkins, government leaders, and nanotechnology start-ups like Quantum Dot Corp.


"While it has become apparent that nanotechnology is well on its way to being the catalyst for a new "industrial revolution," it is also apparent that there was not a trusted partner for leading companies, investors and government officials to turn to assess, strategize, evaluate and implement their nanotechnology efforts," said F. Mark Modzelewski, Co-Founder and Managing Director of Lux Research. "Now there is."


"Lux Research will bring unmatched intelligence and insight to clients working in nanotechnology," said Josh Wolfe, Managing Partner of Lux Capital and Editor of the Forbes/Wolfe Nanotech Report. "This team shares the rare combination of tremendous vision and the track record of execution in nanotech."


Lux Research is headquartered in New York, and will soon be announcing the launch of new services, products, and events. Go to www.luxresearchinc.com for more information.


About Lux Research:


Lux Research is the world's premier research and advisory firm focusing on the business and economic impact of nanotechnology and related emerging technologies. Lux Research provides continuous advisory services, customized studies, and consulting to large corporations, start-ups, the government and financial institutions. Our founders and our research staff are the most widely recognized nanotechnology visionaries throughout the world.

Visit www.luxresearchinc.com for more information.


About Lux Capital:


Lux Capital is a venture capital firm focused on making early-stage investments in nanotechnology and related growth sectors emerging from leading academic centers of excellence. Lux Capital's managing partners, investors, advisors and extended network are leveraged to provide unparalleled access, expertise and market intelligence to its portfolio companies. Forbes and Lux Capital publish their monthly investment insights through the Forbes/Wolfe Nanotech Report (http://www.forbesnanotech.com/). Established in 2000, the firm is headquartered in New York. Visit www.luxcapital.com for more information.


Source: Lux Research

 


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