ALD NanoSolutions’ Particle ALD™ coating platform to be used to develop advanced electronic materials and applications.
Broomfield, Colo. – February 10, 2010
ALD NanoSolutions, Inc. (ALDN), the leader in digital coating solutions for composite materials, announced today an alliance with Tyco Electronics (NYSE: TEL) to develop surface coatings for a variety of electronics applications. Under the long-term agreement, the companies will work together to utilize ALDN’s surface engineering technology to develop and fabricate thin films for certain electronic applications designed to specifically enhance performance.
This relationship will combine the technology and industry expertise of Tyco Electronics with ALDN’s material coating technology, which will enable commercial scale, digital coating of thin films on particles. “We have identified several product development opportunities where we can potentially apply the ALDN technology. This collaboration provides us access to the capabilities and expertise we need to achieve the required technical solutions more effectively.” said Dr. Mark Ellsworth, Senior Director of Technology, Tyco Electronics. “Our goal is to integrate these unique materials solutions into innovative new products that provide an advantage to our customers.”
The two companies will collaborate on product development at ALDN’s pilot facility in Broomfield, Colorado. Michael Masterson, ALDN CEO, said, “This is an important step in the commercialization of our atomic layer deposition technology. We look forward to working closely with Tyco Electronics, an electronics industry leader, to integrate ALDN’s proprietary Particle ALD™ technology with Tyco Electronics’ extensive product line”.
About ALD NanoSolutions
As the leader in digital coating solutions for composite materials, ALD NanoSolutions (ALDN) is dedicated to bringing next generation performance to materials used across a wide range of industries. ALDN’s mission is to accelerate the commercial success of its customers by delivering superior materials solutions based on its proprietary atomic layer deposition platform. The ALDN web site is www.aldnanosolutions.com.
About Tyco Electronics
Tyco Electronics Ltd. is a leading global provider of engineered electronic components, network solutions, specialty products and undersea telecommunication systems, with fiscal 2009 sales of US$10.3 billion to customers in more than 150 countries. We design, manufacture and market products for customers in a broad array of industries including automotive; data communication systems and consumer electronics; telecommunications; aerospace, defense and marine; medical; energy; and lighting. With approximately 7,000 engineers and worldwide manufacturing, sales and customer service capabilities, Tyco Electronics’ commitment is our customers’ advantage. More information on Tyco Electronics can be found at http://www.tycoelectronics.com/.