Semiconductor veteran and serial entrepreneur Ellery Buchanan today announced
the launch of FibeRio
Technology Corporation, a company formed to integrate proprietary ForcespinningTMtechnology
into equipment and manufacturing processes for the fabrication of polymeric,
metallic, and ceramic nanofibers.
FibeRio has exclusively licensed ForcespinningTM technology, which utilizes
centrifugal force and proprietary spinnerets to initiate the formation of nanofibers,
from The University of Texas-Pan American. The revolutionary technology overcomes
many of the drawbacks to the volatile electrospinning method, which requires
a massive electrical charge and corrosive solvents to form and draw fibers onto
a substrate. Having been chosen as an "Early Pick" to the World's
Best Technology Showcase in March, ForcespinningTMis already receiving considerable
attention.
"The range of nanofiber applications and the size of those respective
markets are very impressive. However, the full potential of nanofibers is severely
limited by the lack of a viable fabrication platform," said president and
CEO Buchanan. "In delivering the highest quality equipment and manufacturing
processes that utilize ForcespinningTMtechnology, FibeRio Technology Corporation
will transform the materials market through the unlimited availability of nanofibers,"
Previous to his recent move into the field of nanofibers, Buchanan founded
and operated as CEO of several semiconductor companies including NanoVance,
Inc. and Integrated Solutions, Inc., a manufacturer of lithography equipment
for the semiconductor industry. He also served in executive roles for the New
Jersey Nanotechnology Consortium and Ultratech Stepper, Inc.
Edward Peno, co-founder and COO, noted the impressive production yields facilitated
by Forcespinning'sTMhigh performance in melt-spinning. "The innovation
behind ForcespinningTMtechnology is the drive for simplicity in fiber formation.
In this respect, the inventors were very successful and the end result is equipment
and processes with production yields that are unmatched in the field of nanofibers."
Peno has 35 years of global manufacturing experience and has served as executive
director for TRW Automotive and director at Allied Signal Safety Restraints.
He went on to say that, "FibeRio will quickly respond to the nanofiber
market with product offerings that provide the research community with versatile
production capabilities and the nonwovens industry with dramatically higher
system level production capacities that will escalate the commercialization
of nanofiber applications."
FibeRio will initially provide equipment for nanofiber research as it quickly
scales up ForcespinningTMtechnology to industrial production. More information
can be found at www.fiberiotech.com
Posted November 17th, 2009
