N.Y.--(BUSINESS WIRE)--May 11, 2004-- In an effort
to revolutionize biomedical devices through the design
and integration of superior nanomaterials, NanoDynamics
today announced that it has joined as a Senior Member
of the Biomimetic MicroElectronic Systems Engineering
Research Center (BMES ERC) headquartered at University
of Southern California's (USC). Through an initial
$17 million grant awarded by the National Science
Foundation, the BMES ERC was established last fall
to advance the education, research and commercialization
of biomedical devices that can dramatically improve
the quality of life for patients with debilitating
As part of this partnership, NanoDynamics will provide
novel, high performance nanomaterials to the BMES
ERC for the development of enhanced microelectronic
devices that would be used to treat diseases such
as blindness, paralysis and loss of cognitive function.
Members of the BMES ERC research team are responsible
for numerous biomedical device advances, including
the cochlear implant, which has dramatically improved
the quality of life for the hearing impaired.
"We are excited to partner with such a prestigious
research institution such as BMES, which has already
demonstrated the potential of achieving radical advancements
in implantable electronics using nanotechnology. We
look forward to working with USC, California Institute
of Technology, University of California Santa Cruz
(UCSC) and the other Industry members of the Center
to develop products useful in the treatment of many
debilitating diseases," stated NanoDynamics Chief
Executive Officer Keith Blakely.
BMES ERC long-term research projects include retinal
implants to bring sight to the blind and visually
impaired, musculature nerve activators to assist in
the renewed use of paralyzed limbs, and implantable
electronics for controlling and treating neural disorders
that result from strokes and Alzheimer's diseases.
"Bio-compatible materials play a critical role
in developing state-of-the-art biomimetic devices.
We are excited to partner with NanoDynamics, who offers
both superior nanomaterials and significant industry
expertise that will be influential in bringing our
research and developments to commercialization,"
says Mark Humayun, M.D., Ph.D., director of the Biomimetic
Engineering Research Center at lead institution University
of Southern California.
About the Engineering Research Center for Biomimetic
Headquartered at the University of Southern California
in Los Angeles, the Biomimetic MicroElectronic Systems
Engineering Research Center (BMES ERC) works to coordinate
groundbreaking programs at USC, Caltech and UCSC to
develop biomimetic devices designed to replace the
neural function of damaged or diseased systems in
the human body. BMES supports educational programs
preparing students at all levels for careers in research,
and fosters industry partnerships that will encourage
the transfer of biomimetic technology to the marketplace.
The Engineering Research Center for Biomimetic MicroElectronic
Systems while based at a university, is a collaborative
partnership, drawing together individuals and resources
from such entities as universities, industry partners,
government, and national laboratories.
NanoDynamics, Inc. is a leading manufacturer of
superior nanomaterials that will dramatically improve
the form, function and performance of a wide range
of both industrial and consumer products. The Company
is uniquely positioned, utilizing proprietary and
protected technologies, to commercially manufacture
economical, high quality nanomaterials that will enable
revolutionary advancements in industries including
electronics, semiconductors, consumer products, fuel
cells, transportation, energy and biotechnology.
further information, please visit the Company's website