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Posted: January 15, 2008
JumpStart Announces Investment in AMTI
(Nanowerk News) JumpStart Inc., Northeast Ohio's
venture development organization, has made an investment commitment of
$350,000 in Advanced Materials Technology International LLC (AMTI). The
Cleveland-based company is developing and commercializing a line of
high-tech, energy-curable, nanoparticle materials for ink and coatings
AMTI has developed proprietary methods of manufacturing nanoparticle
dispersion products which result in improved performance characteristics in
a variety of applications. Because the products are solvent-free they are
environmentally friendly, a quality that is of increasing interest within
"AMTI is positioned at the forefront of a changing marketplace for
energy curable inks and coatings. Utilizing the assistance and resources of
JumpStart will enable us to take advantage of this technology lead," stated
Byron Hahn, Chief Operations Officer of AMTI.
Marc Insul, JumpStart Entrepreneur-in-Residence will be working closely
with the company and providing business advisory services.
This is JumpStart's 36th investment in 26 companies. Other advanced
materials and technology companies in JumpStart's portfolio include Aria
Analytics, FLX Micro, RSP Tooling, and Stanton Advanced Ceramics.
Advanced Materials Technology International LLC (AMTI) is developing
and commercializing a line of high-tech, energy-curable, nanoparticle
dispersions and coatings. AMTI's method of producing smaller particles
(nanoparticles) and evenly suspending them in liquid medium results in
improved color quality, easier application, and improved durability. AMTI
produces a solvent-free and energy curable product, which significantly
reduces ink and coating drying time and the space requirements needed for
air drying large pieces. This unique process addresses environmental
concerns, provides superior durability, and can be applied more effectively
than standard application methods.
About JumpStart Inc.
JumpStart (http://www.jumpstartinc.org) accelerates the growth of innovative
early-stage businesses and ideas into venture-ready companies by delivering
vital, focused resources to entrepreneurs and the community of Northeast
Ohio. JumpStart identifies and invests in early-stage companies that have
strong potential in the marketplace, solid prospects for high growth, and
are likely to qualify for later-stage funding. Beyond investing, the
JumpStart team provides a continuum of business development services to its
client companies to help ensure their success.