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Nano
Biz...in depth...
im detail
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iCurie
Retains SunTrust Robinson Humphrey
as Investment Banker
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LONDON,
Jul 9, 2004 /PRNewswire-FirstCall via COMTEX/ -- iCurie
Lab Holdings,Ltd. announced today that it has engaged
SunTrust Robinson Humphrey, a leading Atlanta-based
investment banking firm, for the purpose of assisting
iCurie in its consideration of various strategic alternatives,
including a private placement of equity securities.
iCurie's Chief Executive, Dr. Jeong Hyun Lee, Ph.D.,
former NASA and Samsung Engineer said, "We are
delighted that an investment banking firm of the high
caliber of SunTrust Robinson Humphrey has come on board.
Their expertise will help us raise the necessary capital
to execute our strategic growth plan and bring our unique
technology to market."
iCurie recently announced a manufacturing partnership
agreement with Taiwan-based AVC (Asia Vital Components
Co., Ltd.) the world's largest supplier of CPU (Computer
Processing Units) cooling systems.
Last month, iCurie's patented iCurie Cooled(TM) nano-technology
cooling system, which may become the new standard in
cooling for the electronics industry, passed performance
testing and received certification from LG Electronics,
Inc. (KOREA:066570), one of the top five manufacturers
in the world of OEM PCs. iCurie's patented self circulating
cooling module is scheduled to replace bulky, noisy
and battery draining cooling systems in today's notebook
and tablet computers with thinner, smaller, quieter
and less power consuming coolers.
Hansen Gray & Company, Inc., is the lead venture
capital firm backing iCurie. Mark E. Gray, CEO of Hansen
Gray commented, "As the leading outside investor
in iCurie, we are pleased that iCurie has garnered the
support of SunTrust Robinson Humphrey which lends further
credence to the company's growth potential."
Hansen Gray & Company, Inc., (OTC: HGCI) is an investment
banking firm based in Atlanta, Georgia. The firm's area
of investment specialization is primarily lifesciences,
alternative energy sources and emerging technologies.
Additional information on the firm is available at http://www.hansengray.com
or by calling (678) 542-2000.
iCurie Lab Holdings, Ltd. is a U.K. holding corporation
based in London, England. Through its sister company
iCurie Labs, Inc. in Seoul Korea it operates a technology
research and development laboratory specializing in
next generation cooling technologies. The company's
technology has a wide array of cooling applications
in development including computer chips, cellular telephones,
automotive, refrigeration, heating and air conditioning
and specialized defense applications. Additional information
on iCurie and the technology is available
at http://www.icurie-lab.com. SunTrust
Robinson Humphrey, a division of SunTrust Capital Markets,
Inc. provides equity capital and debt financing solutions
to growing companies. By combining its complementary
strengths in products and services, the firm provides
its clients with creative and thoughtful financial solutions.
As a dominant growth-company and middle-market corporate
and investment bank, the firm stands positioned to effectively
meet its client's needs in the global
economy of the new millennium.
.
SOURCE iCurie Lab Holdings, Ltd. CONTACT:
Mark Gray, CEO of Hansen Gray & Company, +1-678-542-2000,
or mgray@hansengray.com ;
or Media, James McCusker of G.S. Schwartz & Co.,
+1-212-725-4500,
or jmccusker@schwartz.com
URL: http://www.hansengray.com
http://www.prnewswire.comCopyright
(C) 2004 PR Newswire. All rights reserved
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This
story has been adapted from a news release -
Diese Meldung basiert auf einer Pressemitteilung -
Deze
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