2/2/2015 Dow Electronic Materials and Nanoco Group PLC Sign Global Licensing Agreement for Cadmium-Free Quantum Dots News - News Center - Th...
`
`Cow
`
`PRODUCTS COMPANY NEWS INVESTORS CAREERS LOCATIONS
`
`News
`
`Press Releases
`
`Key Company Events
`
`Geographies
`
`Company Leadership
`
`Press Contacts
`
`Dow Electronic Materials and Nanoco Group PLC
`Sign Global Licensing Agreement for Cadmium-
`Free Quantum Dots
`
`Dow to sell, market and manufacture cadmium-free quantum dots for LCD displays
`
`PHILADELPHIA & MANCHESTER, United Kingdom - January 23, 2013
`
`PHILADELPHIA & MANCHESTER, United Kingdom--Dow Electronic Materials, a business
`unit of The Dow Chemical Company (NYSE:DOW) and Nanoco Group plc (AIM:NANO)
`today announced they have entered into a global licensing agreement for Nanoco's
`cadmium-free quantum dot technology. Under the terms of the agreement, Dow Electronic
`Materials will have exclusive worldwide rights for the sale, marketing and manufacture of
`Nanoco's cadmium-free quantum dots for use in electronic displays.
`
`The agreement brings together Nanoco's world-leading technology with Dow's large-scale
`manufacturing capability and well-established sales, marketing and distribution
`network. Dow Electronic Materials is already a major supplier of critical electronic materials
`to the global display industry.
`
`The financial details of the agreement are not being disclosed though Nanoco will receive
`royalty payments related to Dow's sales of cadmium-free quantum dots. Nanoco will
`continue to provide any technology advances to its cadmium-free quantum dot technology
`throughout the lifetime of the agreement and participate with Dow in the marketing and
`technical support of these materials.
`
`Dow intends to build production capacity in Asia where it has extensive manufacturing
`capabilities to supply high-performance materials to its customers in the display and
`semiconductor-related segments. Full commercial production is expected to begin in the
`first half of 2014.
`
`'We believe that Nanoco's cadmium-free quantum dots will become a new standard in the
`display industry owing to their ability to significantly improve the color performance of LCD
`displays both cost-effectively and by avoiding the use of heavy metals,' said C.G. Park,
`Global Business Director, Dow Electronic Materials. When coupled with Nanoco's
`technology, Dow's deep technical, engineering and industry knowledge in films, LCD, LED,
`and OLED display segments brings our customers an unmatched portfolio of materials
`solutions."
`
`Michael Edelman, Nanoco's Chief Executive Officer, commented: 'We are delighted to
`sign this agreement with Dow Electronic Materials. This agreement is transformational for
`the quantum dot industry and a significant endorsement of Nanoco's cadmium-free
`quantum dot technology. With Dow's production expertise and deep customer
`relationships, display makers can begin to plan their quantum dot production requirements
`with further confidence."
`
`About Dow
`
`(NYSE: DOW) combines the power of science and technology to passionately innovate
`what is essential to human progress. The Company connects chemistry and innovation
`with the principles of sustainability to help address many of the world's most challenging
`problems such as the need for clean water, renewable energy generation and
`conservation, and increasing agricultural productivity. Dow's diversified industry-leading
`portfolio of specialty chemical, advanced materials, agrosciences and plastics businesses
`delivers a broad range of technology-based products and solutions to customers in
`approximately 160 countries and in high growth sectors such as electronics, water, energy,
`coatings and agriculture. In 2011, Dow had annual sales of S60 billion and employed
`approximately 52,000 people worldwide. The Company's more than 5,000 products are
`manufactured at 197 sites in 36 countries across the globe. References to 'Dow" or the
`"Company" mean The Dow Chemical Company and its consolidated subsidiaries unless
`otherwise expressly noted. More information about Dow can be found at www.dow.com.
`
`http://www.dow.cominews/p ress-releases/a rticle/?id=61 55
`
`1 /2
`
`MIT091_2002-0001
`
`
`
`Cow
`
`PRODUCTS COMPANY NEWS INVESTORS CAREERS LOCATIONS
`
`News
`
`Press Releases
`
`Key Company Events
`
`Geographies
`
`Company Leadership
`
`Press Contacts
`
`Dow Electronic Materials and Nanoco Group PLC
`Sign Global Licensing Agreement for Cadmium-
`Free Quantum Dots
`
`Dow to sell, market and manufacture cadmium-free quantum dots for LCD displays
`
`PHILADELPHIA & MANCHESTER, United Kingdom - January 23, 2013
`
`PHILADELPHIA & MANCHESTER, United Kingdom--Dow Electronic Materials, a business
`unit of The Dow Chemical Company (NYSE:DOW) and Nanoco Group plc (AIM:NANO)
`today announced they have entered into a global licensing agreement for Nanoco's
`cadmium-free quantum dot technology. Under the terms of the agreement, Dow Electronic
`Materials will have exclusive worldwide rights for the sale, marketing and manufacture of
`Nanoco's cadmium-free quantum dots for use in electronic displays.
`
`The agreement brings together Nanoco's world-leading technology with Dow's large-scale
`manufacturing capability and well-established sales, marketing and distribution
`network. Dow Electronic Materials is already a major supplier of critical electronic materials
`to the global display industry.
`
`The financial details of the agreement are not being disclosed though Nanoco will receive
`royalty payments related to Dow's sales of cadmium-free quantum dots. Nanoco will
`continue to provide any technology advances to its cadmium-free quantum dot technology
`throughout the lifetime of the agreement and participate with Dow in the marketing and
`technical support of these materials.
`
`Dow intends to build production capacity in Asia where it has extensive manufacturing
`capabilities to supply high-performance materials to its customers in the display and
`semiconductor-related segments. Full commercial production is expected to begin in the
`first half of 2014.
`
`'We believe that Nanoco's cadmium-free quantum dots will become a new standard in the
`display industry owing to their ability to significantly improve the color performance of LCD
`displays both cost-effectively and by avoiding the use of heavy metals,' said C.G. Park,
`Global Business Director, Dow Electronic Materials. When coupled with Nanoco's
`technology, Dow's deep technical, engineering and industry knowledge in films, LCD, LED,
`and OLED display segments brings our customers an unmatched portfolio of materials
`solutions."
`
`Michael Edelman, Nanoco's Chief Executive Officer, commented: 'We are delighted to
`sign this agreement with Dow Electronic Materials. This agreement is transformational for
`the quantum dot industry and a significant endorsement of Nanoco's cadmium-free
`quantum dot technology. With Dow's production expertise and deep customer
`relationships, display makers can begin to plan their quantum dot production requirements
`with further confidence."
`
`About Dow
`
`(NYSE: DOW) combines the power of science and technology to passionately innovate
`what is essential to human progress. The Company connects chemistry and innovation
`with the principles of sustainability to help address many of the world's most challenging
`problems such as the need for clean water, renewable energy generation and
`conservation, and increasing agricultural productivity. Dow's diversified industry-leading
`portfolio of specialty chemical, advanced materials, agrosciences and plastics businesses
`delivers a broad range of technology-based products and solutions to customers in
`approximately 160 countries and in high growth sectors such as electronics, water, energy,
`coatings and agriculture. In 2011, Dow had annual sales of S60 billion and employed
`approximately 52,000 people worldwide. The Company's more than 5,000 products are
`manufactured at 197 sites in 36 countries across the globe. References to 'Dow" or the
`"Company" mean The Dow Chemical Company and its consolidated subsidiaries unless
`otherwise expressly noted. More information about Dow can be found at www.dow.com.
`
`http://www.dow.cominews/p ress-releases/a rticle/?id=61 55
`
`1 /2
`
`MIT091_2002-0001
`
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`2/2/2015 Dow Electronic Materials and Nanoco Group PLC Sign Global Licensing Agreement for Cadmium-Free Quantum Dots News - News Center - Th...
`
`About Dow Electronic Materials
`
`Dow Electronic Materials, a global supplier of materials and technologies to the electronics
`industry, brings innovative leadership to the semiconductor, interconnect, finishing,
`photovoltaic, display, LED and optics markets. From advanced technology centers
`worldwide, teams of talented Dow research scientists and application experts work closely
`with customers, providing solutions, products and technical service necessary for next-
`generation electronics. These partnerships energize Dow's power to invent. Its key end-
`use applications include a broad range of consumer electronics from personal computers,
`to television monitors, smart phones and tablets and other mobile devices as well as
`electronic devices and systems used in a variety of industries. More information about
`Dow Electronic Materials can be found at www.dowelectronicmaterials.com.
`
`About Nanoco Group plc
`
`Nanoco is a world leader in the development and manufacture of commercial quantities of
`quantum dots for use in multiple applications including lighting, solar cells and biological
`imaging. Nanoco's quantum dots, which are free of heavy metals and comply with RoHS
`legislation, can be combined into a wide range of materials including liquids, polymers and
`glass. Nanoco forms strategic partnerships with major end users across a range of
`applications.
`
`Nanoco was founded in 2001 and is based in Manchester, UK. Nanoco began trading on
`the AIM market of the London Stock Exchange in May 2009 under the ticker symbol
`NANO.
`
`For further information, please visit www.nanocogroupplc.com.
`
`For editorial information:
`The Dow Chemical Company:
`Shari Samuels, Dow Electronic Materials, +1.215.592.6877
`ssamuels@dow.com
`or
`For Nanoco:
`Mark Court, Buchanan, +44 (0) 20 7466 5125
`markc@buchanan.uk.com
`
`Copyright 0 The Dow Chemical Company (1995-2015). All Rights Reserved.
`Trademark of The Dow Chemical Company ('Dow') or an affiliated company of Dow
`
`MyAccount @ DOW
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`http://www.dow.com/news/press-releases/article/?id=6155
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`2/2
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`MIT091_2002-0002
`
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