Licensing deal draws near
NanoVia has entered into strategic talks with a leading provider of precision manufacturing equipment for the photonics, semiconductor, medical device and electronics industries.
NanoVia has entered into strategic talks with a leading provider of precision automated and semiautomated manufacturing equipment for the photonics, semiconductor, medical device, and electronics industries.
These dialogs are the next step in NanoVia's strategy of licensing its core technologies to market leaders.
NanoVia spokesperson Jenniffer McConnell reports, "Our technology earned us invitations into many boardrooms in 2002.
The time has come for us to solidify relationships with leaders in our targeted markets.
This particular relationship will open many new doors for our technology as the US economy rebounds".
VP of R and D Todd Lizotte further explained that, while the risk of technology investment is high in some markets, it is the only way to go in others.
"As we come out of this economic downturn, only those who have kept proper perspective will survive.
We believe that our strategic relationships are being forged with just such foresight".
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