Applied Thin Films, Inc. Announces New Government Contracts for Advancing Cerablak(TM) Technology at NanoCommerce & SEMI NanoForum

NanoCommerce & SEMI NanoForum 2005
EVANSTON, Ill.--(BUSINESS WIRE)--Nov. 1, 2005--

  Cerablak(TM) Continues to Build Momentum with New and Novel Nanostructures for Defense and Other Industrial Applications  

“Based on Cerablak(TM)'s multifunctional nature and diverse forms enabled by chemistry at the nanoscale, we are designing highly innovative application concepts around this unique platform technology”



Applied Thin Films Inc. (ATFI), a privately held company developing nanoscale-designed ceramic materials and thin films, announced today at NanoCommerce & SEMI NanoForum that it has received government contracts valued over $3M over a period of three years with Department of Defense being the primary sponsor. These projects are targeted toward advancement of ATFI's patented flagship product, Cerablak(TM), which is a nanoscale-designed ceramic material based on aluminum phosphate compositions. Under a contract from the Navy, ATFI will develop next-generation radome material based on Cerablak(TM)'s superior dielectric properties for missile systems capable of hypersonic flight. Under a recently concluded Phase I SBIR Navy contract, ATFI has demonstrated feasibility of using Cerablak(TM) as a protective coating for exhaust components of the Joint Strike Fighter. Continued funding of this effort is expected. In addition, ATFI has received a contract valued at about $250K from the Department of Army to explore the use of Cerablak(TM) for Small Arms Weapon Systems targeted towards increased reliability and durability in harsh environments.

"These contract awards essentially serve as an endorsement of the innovative and diverse nature of Cerablak(TM) as a nanoscale-designed material and we remain committed to building a strong portfolio of products for Defense with our industrial partners while exploiting the synergy with commercial applications," said Dr. Sankar Sambasivan, Founder, President & Chief Executive Officer of ATFI. Among recent developments, ATFI has expanded its Cerablak(TM) product offering to include a novel form of thermally-stable glass microspheres. Based on Cerablak(TM)'s nanocomposite architecture, these microspheres contain nanosized carbon inclusions encapsulated in an aluminum phosphate matrix that imparts durable high emissivity properties. Under a recent NASA Phase II SBIR project, Cerablak(TM) nanocomposites were used to develop thermal protection systems for space vehicle systems. "Based on Cerablak(TM)'s multifunctional nature and diverse forms enabled by chemistry at the nanoscale, we are designing highly innovative application concepts around this unique platform technology," noted Kimberly Steiner, Research Scientist and a Principal Investigator of key projects at ATFI.

Sean Murdock, Executive Director of the NanoBusiness Alliance, the industry association for nanotechnology companies, stated, "These developments demonstrate Cerablak(TM)'s broad potential for defense applications. Beyond Defense, ATFI has made significant strides in further developing Cerablak(TM) as a low-cost, environmentally-benign, and easy to apply nanocoating for consumer and industrial applications. ATFI's continued efforts to engage in strategic partnerships with customers in aerospace, energy, consumer, and other markets is a prudent strategy for promoting Cerablak(TM) as a platform product offering."

About Applied Thin Films, Inc.

Founded in 1998, ATFI is a privately-held small business located in Evanston, IL, USA focusing on nanoscale-designed ceramic materials targeted for defense, energy, aerospace, automotive, and other industrial applications. ATFI's patented flagship product is promoted under the tradename Cerablak(TM), a new and innovative glassy material based on aluminum phosphate compositions. Recognized by Frost & Sullivan (2003) as one of the top ten among new advanced materials in the market, ATFI has attracted significant interest from customers across diverse industry segments. We are seeking strategic partnerships with large and mid-size companies via exclusive or non-exclusive licenses. At the core, we are a specialty chemical company offering raw materials, chemicals, and additives.

For more information visit ATFI online at www.atfinet.com.

About NanoBusiness Alliance

The NanoBusiness Alliance is the industry association for the emerging nanotechnology industry. Through its extensive network of leading startups, Fortune 500 companies, research institutions, non-governmental organizations and public-private partnerships, the Alliance shapes nanotechnology policy and helps accelerate the commercialization of nanotechnology innovations. The NanoBusiness Alliance has offices in New York, Chicago, and Washington, DC.

For more information, visit http://www.nanobusiness.org.

Contacts

Applied Thin Films, Inc.
Prem Chempakasseril, 847-467-5236
premc@atfinet.com

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