CEDARHURST, N.Y., Dec. 19, 2006 (PRIME NEWSWIRE) -- Recently, Consumers Financial Corporation (Pink Sheets:CFCJ) announced that the company had signed an agreement with Knowledge Market, Inc., a Silicon Valley-based provider of technology commercialization products and services. This agreement will assist Consumers Financial Corporation to discover and potentially acquire new and emerging technologies.
The first technology that Consumers Financial intends to collaborate on with the University of California, Berkeley is their Nano Structure for Adhesion, Friction and Conduction. These biomimetically inspired nano-structures can stick to wet, dry, rough or smooth surfaces, and can be peeled-off and re-used. They are also self-cleaning, leave no residue, and are bio-compatible. The original research was published in Nature (2000.405:681-5) and PNAS (2002.99:12252-6).
The University has filed U.S. and international patent applications that broadly cover this inventive concept as well as its manufacturing methods and end-user applications.
Knowledge Market sources technologies from leading research institutions such as the National Aeronautics and Space Administration (NASA), Ames Research Center, Jet Propulsion Lab (JPL), National Institutes of Health (NIH), Berkeley National Lab, Los Alamos National Laboratory, Lawrence Livermore National Laboratory, Oak Ridge National Laboratory, Stanford University, UCLA, Harvard University, Massachusetts Institute of Technology, Oxford University, Cambridge University, Tokyo University, various corporate research labs and from individual inventors with exceptional backgrounds in their respective domains.
Knowledge Market's mission is to locate and evaluate uncommercialized intellectual property (IP) with a view towards meeting specific market needs. Consumers, companies, and nations are inundated with new technology at a rate faster than at any time in human history. With approximately 70 percent of these new technologies going unlicensed, Knowledge Market provides an effective new approach for commercializing these technologies. For more information on Knowledge Market, please visit their website at http://www.knowledgemarket.com.
"We are very pleased to be working with Knowledge Market to move the company forward by acquiring novel technologies from top tier global research labs," stated Jack Ehrenhaus, President of Consumers Financial Corporation.
About Consumers Financial Corporation: Consumers Financial Corporation is a diversified merchant banking and services company, which is focused on identifying and assessing the value of a variety of strategically positioned up-and-coming companies that are engaged in markets where significant growth and profits can be obtained.
Consumers successfully completed its first acquisition of a majority stake in GS Woodmere Group, Inc. (GSW), a premier New York based medical billing and collection firm with annual medical billing in excess of $15,000,000 per annum. GSW has increased top line revenue growth at greater than 20% in each of the last 4 years.
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