NanoMech Invited to Participate in the Obama Administration’s Materials Genome Initiative Event

James M. Phillips, Chairman and Chief Executive Officer and Dr. Ajay Malshe, Chief Technology Officer of Arkansas-based NanoMech Inc. were Encouraged to participate in the inaugural Materials Genome Initiative Occasion held in Washington, DC on May 14, 2012.

The Materials Genome Initiative is part of President Obama’s aim to decrease the price by 50% and the time of producing new substances in industries such as Energy, Aerospace, Transportation, Body Armor, and Smart Manufacturing, and also to create new businesses and jobs. NanoMech is a leading designer and producer of coating application methods for the heavy production, defense, energy, and automotive industries, additives, and nanoparticle coatings. NanoMech’s products comprise TuffTek®, nGlide®, and nGuard®. Dr. Cyrus Wadia, Office of Science and Technology Policy Assistant Director for Clean Energy and Materials Research and Development stated, “We were delighted that NanoMech and their CEO Jim Phillips and CTO Ajay Malshe could be with us for this announcement and participate in our breakout strategy meetings.” Ten Federal agencies that participate in the National Nanotechnology Initiative unveiled a new “signature initiative” to stimulate the development of models, simulation tools, and databases that will allow the prediction of particular characteristics of nanoscale materials.

About OSTP Congress

They established the Office of Science and Technology Policy in 1976 with a broad mandate to advise the President and others within the Executive Office of the President about the effects of science and technology on national and international affairs.

The 1976 Act also authorizes OSTP to lead interagency efforts to develop and implement sound science and technology policies and budgets, and also also to work together with other nations toward this conclusion, the science and higher education communities, and the private sector, local and state governments.

Around NanoMech Inc

NanoMech Inc is a technology company based in Fayetteville, AR, together with manufacturing facilities and labs in Springdale, Arkansas, is a leading designer and producer of advanced application-specific nanoparticle additives, nanoparticle-based coatings and coating deposition systems. NanoMech is bringing these technologies to the international marketplace through its TuffTek®, nGlide®, and nGuard® solutions.

The company was recently recognized for “Excellence in Innovation” from the U.S. Department of Commerce. NanoMech’s technologies have been acknowledged by the editors of R&D Magazine in their collection of the 25 best micro- and nanotechnologies of 2006, and also company is a recipient of the Frost & Sullivan award. NanoMech, which began operation is becoming a world leader in nanomanufacturing innovations and product development with a strong emphasis on technical technology scalable for effective mass production of high performance operational products. A lot of patents and patents pending nanomanufacturing and cover the suite of nanotechnologies of NanoMech processes. The core competencies of NanoMech include nanoparticle-based additives and coatings, coating deposition processes and systems, and nanomaterials incorporated products and investigations.

Working closely with centres of excellence and universities, particularly the University of Arkansas, key industry partners and government agencies, NanoMech is already bringing products to market with very significant economic and performance benefits in metal cutting, lubrication, and anti inflammatory solutions.