API Nanotronics Corp.,
a leading supplier of electronic components and nanotechnology research and
development to the defense and communications sectors, today announced it concluded
a development agreement with a leading semiconductor capital equipment company,
to develop proprietary high-performance Deep UV polarizers for next generation
lithography equipment. API's deep UV polarizers represent an outstanding example
of nanotechnology achieving major commercial applicability.
"The future of semiconductor fabrication lies in the deep UV," Dr.
Martin Moskovits, API's CTO and nanotechnology expert said. "And we believe
that API's nano-grating-based optical technology is the best available technology
to manage UV over the large areas required to process large wafers." The
proprietary deep-UV optical nano-products are manufactured at API Nanotronics'
nanofabrication and MEMS facility, NanoOpto, in Somerset, New Jersey, which
includes one of the world's largest multi-wafer atomic layer deposition production
This agreement represents the latest of several joint projects API has undertaken
with an impressive list of leading technology companies to develop ground breaking
products by applying its nanotechnology processes to display, communications,
defense, medical and life sciences and alternative energy applications. API
is now positioned as a solutions-based optics and MEMS engineering enterprise
with an identified addressable market exceeding $7B in defense and consumer
Stephen B. Pudles, Chief Executive Officer of API Nanotronics Inc., said, "It
is highly gratifying to see that API's nanotechnology and MEMS capabilities
are being recognized as cutting edge. We are very excited to work with companies
of this size and quality and look forward to evolving into the industry leader
for innovative nano optic and electronic components."