Laramie, Wyoming - June 9, 2003 - The Blue Sky Group Inc. (Blue Sky) announced today that it has formed a new subsidiary, Nanomaterials Discovery Corporation (NDC), as a vehicle for its nanomaterials discovery technologies. The subsidiary will use Blue Sky's proprietary combinatorial electrochemical methods to discover and refine critical materials for energy, coatings, microelectronic and display applications.
"Over the past five years Blue Sky and my research group at the University of Wyoming have jointly built an impressive portfolio of combinatorial electrochemical technologies for flat panel display materials, fuel cell catalysts, and other enabling nanostructured materials," said Professor Daniel Buttry, a principal of NDC and director of Blue Sky. "We're excited to see those years of technical work finally grow into a commercial entity."
NDC combines the power of combinatorial chemistry with the versatility of electrochemistry to discover and refine materials and methods with high economic impact. Combinatorial chemistry, widely used in the pharmaceutical and biotech industries, allows researchers to perform concurrently hundreds to thousands of chemical experiments. This " high throughput" technique is useful when searching for new chemical formulations for drugs, catalysts, and nanostructured materials.
About Nanomaterials Discovery Corporation
Nanomaterials Discovery Corporation develops nanostructured materials using high-throughput combinatorial electrochemical methods. The company's technology and intellectual property is focused on the discovery and refinement of fuel cell catalysts, rechargeable battery electrodes, flat panel display phosphors, and other inorganic and organic nanostructured materials. More information is available on the web at www.nanomaterialsdiscovery.com.
About The Blue Sky Group Inc.
Blue Sky is new venture creation shop based in Laramie, Wyoming, that builds high quality, high tech companies. Its other portfolio companies include: Blue Sky Batteries Inc., a nanotechnology battery materials developer; and WellDog Inc., a natural gas technology company. Blue Sky can be found on the web at www.theblueskygroup.com.
