Ecology Coatings Targets Asian Market Opportunities in Electronics, Automotive Manufacturing |
|
By: James Dyson Posted: 2007-02-20 05:14:14 |
|
Ecology Coatings, Inc., a leading developer of nano-engineered industrial coatings for cleaner, more efficient manufacturing, is targeting new market opportunities in Asia with the counsel and support of strategic advisory firm Kissinger McLarty Associates (KMA). During a February trip throughout Hong Kong, Japan, and the Philippines, Ecology Coatings Chairman Richard Stromback will meet with high-ranking economic development, technology and trade officials and key manufacturing business leaders.
"Adding economic value and environmental benefit across an impressively broad spectrum of manufactured goods, Ecology Coatings has a clear opportunity in Asia's large and growing manufacturing sector. This tour marks the launch of Ecology Coatings' aggressive strategy for addressing that dynamic market," said Mr. Stromback. "With the guidance of KMA, Ecology Coatings is working to navigate the risks, opportunities and shear size of the Asian market to position itself as a global nanotechnology company." As part of his Asia tour, Stromback will be meeting with leading government, economic policy and business decision-makers to discuss opportunities for collaboration including partnerships, technology licensing, and joint development agreements. Planned meetings include the US Commercial Consul in Hong Kong, Advisor to the President of the Philippines and key chemical, medical device, electronics and automotive industry organizations throughout the three countries. A necessary final step for nearly every manufactured consumer product, conventional coating technologies are time and energy intensive and often contain polluting solvents. Ecology Coatings' nano-enabled products address that bottleneck by delivering dramatic process efficiencies for manufacturers without compromising environmental and public health. The company's innovation and business success has earned Ecology Coatings international recognition. Earlier this year, the World Economic Forum named Mr. Stromback to its prestigious list of 2007 Young Global Leaders. That latest honor adds to a growing list of Ecology Coatings' accolades including: the World Economic Forum's 2006 Technology Pioneer honor, Nanotech Brief's 2006 Nano50 award, a 2005 Wall Street Journal Technology Innovator Award and TIME Magazine's Best Inventions for 2005. About Ecology Coatings Ecology Coatings is a world leader in delivering the power of nanotechnology in ultra-violet curable thin films and coatings. Leveraging its proprietary platform of integrated nano-material technologies, the company creates coatings with unique performance attributes. Ecology collaborates with industry leaders to develop revolutionary high-value, high-performance coatings for military, automotive, industrial, electronic and medical applications. Ecology Coatings is a privately held company based in Akron, Ohio. In November 2006, the company entered into a letter of intent with OCIS Corp. (OTCBB: OCIC.OB) to become publicly held through an alternative public offering (APO) transaction. For more information visit www.ecologycoatings.com About KMA Kissinger McLarty Associates (KMA) is a strategic advisory firm headed by former Secretary of State Henry Kissinger and Thomas F. "Mack" McLarty III, who served as President Clinton's White House Chief of Staff. The firm counsel corporations in the United States and overseas on international business plans and strategies, working with CEOs, Boards of Directors and senior management teams to provide strategic advice, planning and execution, issues advocacy, government relations, communications plans, and economic and political risk assessments. KMA is called upon to help companies think through and best execute market entries, joint ventures, acquisitions and divestitures, as well as maintain and grow market positions, and to avoid, navigate or resolve diverse regulatory, bureaucratic, political, diplomatic, legal and commercial problems. For more information, visit www.kmaglobal.com Statements in this press release that are not historical fact may be deemed forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Although the Company believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, the Company can give no assurance that its expectations will be attained. Factors that could cause actual results to differ materially from the Company's expectations include whether or not the Company enters into a definitive agreement or completes the proposed APO transaction. The potential risks and uncertainties include, among others; the ability of the Company to successfully develop and market new technologies and customer acceptance of any new technology; the risk that the Company's strategic relationships, whether announced or unannounced, may not result in additional products, services, customers and revenues; increased competition and pricing pressures; and whether the Company is able to complete the proposed APO transaction. The Company undertakes no obligation to update any of the forward-looking statements after the date of this transmission. |
| Trackback url: https://press.abc-directory.com/press/1105 |