Advance Nanotech, Inc. (OTCBB: AVNA) today announced that the Company's majority
owned subsidiary, Owlstone
Nanotech, Inc., has received a new development contract from Alphasense
Ltd, a UK based leading independent gas sensor technology company. Alphasense
supplies high quality oxygen, toxic and flammable sensors to many of the world's
leading industrial OEMs and end users.
The development contract is the first of a FAIMs derivative technology developed
by Owlstone called Advection Diffusion Spectrometry (ADS). ADS is applicable
to a wide range of applications where target chemicals are known and size is
relevant in deployment. The Owlstone ADS platform combines high sensitivity
with mobility measurement in an extremely compact and efficient form factor.
The development work with Alphasense centers on applications for a broad range
of detection applications, including process monitoring of industrial feedstocks.
"Alphasense is a leader in the development and manufacture of sensors
for industrial gas detection, stack gas analysers and environmental monitoring
instruments," commented Bret Bader, CEO of Advance Nanotech. "This
development contract leverages the additional technologies in Owlstone's IP
portfolio, which will lead to superior gas detection applications."
John Saffell, Technology Director at Alphasense, commented, "Successful
development of this new sensor technology will open a range of exciting commercial
opportunities for Alphasense. We are very happy to be working with Owlstone
in what should prove to be a mutually rewarding partnership."