Quantum Materials Corp today released their QDX ™ class of rugged Cadmium-free quantum dots with the highest heat, oxidation and moisture resistance available industry-wide. QDX™ Quantum Dots do not degrade under the high heats used in application to film, silicon and polymer and allow for creative LCD display and LED lighting engineering as well as lowering protective barrier film costs.
SAN MARCOS, Texas, June 1, 2015 (GLOBE NEWSWIRE) -- Leading North American quantum dot manufacturer Quantum Materials Corp (OTCQB:QTMM) today launched their new QDX™ class of high-stability Cadmium-free quantum dots at the Society for Information Display (SID) Display Week 2015 International Symposium in San Jose, CA. QDX™ Quantum Dot production is underway on Quantum Materials' patented continuous-flow production system and assessment quantities have already shipped to the Company's largest potential customers.
"Our QDX Quantum Dots represent a game-changing development in advancing next generation display and lighting applications," said Quantum Materials Corp CEO Stephen Squires. "Their stability under high heat allows for more effective high temperature dispersion onto LCD display thin-film. In Solid-State Lighting, QDX Quantum Dots used in QD-LEDs will give better performance and effective life in high-heat and moisture-laden environments without degradation. We are excited to see QDX Quantum Dots unleash the engineering and design teams of our customers to facilitate advances in display and lighting applications never before possible."
QDX™ Quantum Dots have been tested to withstand heat resistance to 150 degrees centigrade for four hours with no oxidation performance degradation in an open air environment. Quantum Materials believes that QDX™ attributes and availability in commercial quantities will lead to large-scale mass-production of QD-LCD displays in the near future.
For Quantum Dot Liquid Crystal Display (QDLCD) manufacturing, QDX™ Quantum Dots reduce the need for expensive barrier films currently needed to prevent quantum dot degradation from moisture and oxygen. Custom characteristics can also be incorporated into QDX™, including large Stokes shift to reduce re-absorption loss for increased luminescence and better color purity.
QDX™ Quantum Dots are ideal for LED lighting development because they are more stable than organic phosphors and their high heat resistance enables better LED manufacturing capability, high illumination performance, long lifetime and resistance to power spike damage. Solid-state lighting made with QDX™ LED's will require less heat sinks or baffles and bring new and simpler design form factors to the lighting.
A new report from n-tech Research (formerly Nanomarkets) entitled 'Market Opportunities for Quantum Dots: 2015 to 2022' estimates the market for quantum dots (QDs) will grow from +$400 million in 2015 to $5.5 billion in 2020 and $12 billion in 2022.
Quantum Materials was cited in Sri Peruvemba's recent article for The Society for Information Display (SID) on 'Top 10 trends in display technology' and Quantum Materials executives at SID's Display Week 2015 launching QDX™ this week include CEO Stephen Squires, Chief Science Officer Dr. Ghassan Jabbour, Senior Director of Business Development for Asia/Pacific Toshi Ando, and Art Lamstein, Director of Marketing.
About Display Week 2015
The 52nd SID International Symposium, Seminar and Exhibition, or Display Week 2015, will take place May 31-June 5 at the San Jose Convention Center, in San Jose, Calif. Display Week is the premier gathering of system integrators, designers, consumers, scientists, engineers and manufacturers in the field of electronic information displays. For more information on Display Week 2015, visit www.displayweek.org or follow us on LinkedIn, Facebook and Twitter @DisplayWeek. Display Week tweets can be created, viewed and shared using the hashtag #DisplayWeek15.
Quantum Materials Corp develops and manufactures Quantum Dots and nanomaterials for use in medical, display, solar energy and lighting applications through its patented volume production process. QMC's volume manufacturing methods enable consistent quality and scalable cost reductions to drive innovative discovery to commercial success. Quantum Materials Corp technology continues to move the future of quantum dots to the present. Quantum Materials' products are the foundation for technologically superior, energy efficient and environmentally sound LCD UHD displays, the next generation of solid-state lighting, solar photovoltaic power applications, advanced battery and energy storage solutions, biotech imaging, and biomedical theranostics. Wholly-owned subsidiary Solterra Renewable Technologies develops sustainable quantum dot solar technology.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995
This press release contains forward-looking statements that involve risks and uncertainties concerning business, products, and financial results. Actual results may differ materially from the results predicted. More information about potential risk factors that could affect our business, products, and financial results are included in our annual report and in reports subsequently filed with the Securities and Exchange Commission ("SEC"). All documents are available through the SEC's EDGAR System at http://www.sec.gov/ or www.QMCdots.com. We hereby disclaim any obligation to publicly update the information provided above, including forward-looking statements, to reflect subsequent events or circumstances.
Business: Art Lamstein Director of Marketing 415.609.4969 artlamstein@QMCdots.com Toshi Ando Senior Director of Business Development for Asia/Pacific 510.300.4021 firstname.lastname@example.org Media: Rich Schineller 941.780.8100 email@example.com Investor Relations: Clay Chase /SD Torrey Hills Capital 858.456.7300 firstname.lastname@example.org