Advance Nanotech Expands Senior Management Team; Nanotechnology Leader Appoints Peter Gammel To Head Electronics Group
"We are excited to have Dr. Gammel join our team," said Mr. Gittins. "He brings a wealth of expertise in the fields of optoelectromechanical, wireless, and MEMS technologies. Dr. Gammel's deep product development experience with industry-leading innovators like Lucent and MIT makes him uniquely qualified to help our portfolio companies bring new technologies from the laboratory to commercialization."
“We are excited to have Dr. Gammel join our team”
Prior to joining Advance Nanotech, Dr. Gammel held the position of CTO of Agere Systems' Analog Products Division where he was responsible for the technology and roadmaps for high frequency power transistor products. Dr. Gammel also served as the Director of Materials Physics Research at Lucent Technologies and in several leadership positions at AT&T Bell Laboratories. Before entering the corporate world, Dr. Gammel conducted research at several leading universities, including Cornell University, M.I.T. and Washington University. He holds a PhD in physics from Cornell and two BS degrees from M.I.T., in Physics and Mathematics. Dr. Gammel is responsible for approximately 50 patent filings and more than 200 publications through his work with Agere, Lucent, AT&T Bell Labs, Cornell University, and M.I.T.
Advance Nanotech is currently funding 18 portfolio companies in the electronics, biopharma, and materials industries. The firm provides services ranging from funding, to human capital and research equipment essential to ensuring that the most promising companies can accelerate the path to rapid commercialization. In this way, investor exposure to any particular technology is mitigated with Advance Nanotech retaining the option to increase investment in those technologies that successfully mature. Dr. Gammel will be responsible for overseeing the firm's electronics-focused investments.
About Advance Nanotech, Inc.
Advance Nanotech Inc. is dedicated to ensuring nanotechnology discoveries reach maximum market potential through successful commercialization. Advance is the trusted guide to commercial success for nanotech entrepreneurs spanning the globe, partnering with leading universities to provide scientists and researchers with mission critical infrastructure support to transform their discoveries to marketable solutions. The organization provides a range of services and support including financing, leadership assets and counsel on intellectual property, licensing and regulatory issues. With a portfolio of nearly 20 companies developing technologies which offer potentially breakthrough nanotechnology discoveries in the electronics, biopharma and materials sectors, Advance's goal is to transform the potential for nanotechnology discoveries into innovative products that further evolve existing industries and enable new markets.
This document contains forward-looking statements by Advance Nanotech regarding its expectations as to its business, and involves risks and uncertainties and may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.
Such statements are based on management's current expectations and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those addressed in the forward-looking statements.
Factors that may cause such a difference include, but are not limited to, problems and risks associated with developments in the nanotechnology industry in general and in Advance Nanotech's products under development in particular; the potential failure of Advance Nanotech's products under development to prove safe and effective in application; uncertainties inherent in the early stage of Advance Nanotech's products under development; failure to successfully implement or complete research programmes; failure to receive marketing clearance from regulatory agencies for our products under development; acquisitions, divestitures, mergers, licenses or strategic initiatives that change Advance Nanotech's business, structure or projections; the development of competing products; uncertainties related to Advance Nanotech's dependence on third parties and partners; and those risks described Advance Nanotech 's filings with the SEC. Advance Nanotech disclaims any obligation to update these forward-looking statements.
Further information about these and other relevant risks and uncertainties may be found in the Advance Nanotech's findings with the Securities and Exchange Commission, all of which are available from the Commission as well as other sources.