Silicon Valley's Nanolab Technologies & UAlbany Nanocollege Announce $1.5M Research Partnership

ALBANY, NY (08/16/2011)(readMedia)-- Nanolab Technologies Incorporated (Nanolab), a leading analytical services company headquartered in California's Silicon Valley, has selected the College of Nanoscale Science and Engineering (CNSE) of the University at Albany for a significant expansion and investment to establish a state-of-the-art analytical services laboratory that will serve a growing customer base in the nanoelectronics, solar energy and life sciences industries.

Nanolab will invest more than $1.5 million in the first phase of a multi-year expansion at CNSE's Albany NanoTech Complex. The company will initially target extreme high-resolution electron microscopy and failure analysis services to facilitate cost-effective failure and materials analysis capabilities for emerging technology companies, while also serving the needs of global corporate partners located at CNSE.

Future investment by Nanolab at CNSE is estimated at over $5 million, including the creation of a new Center of Excellence for Surface Analysis that will complement the company's established failure and materials analysis businesses.

John P. Traub, President and CEO of Nanolab, said, "Through this partnership with the College of Nanoscale Science and Engineering, the recognized global leader in nanotechnology education and innovation, Nanolab Technologies Incorporated has an unparalleled opportunity to further build our technical expertise and to grow our customer base. Our first phase investment at CNSE illustrates our commitment to serving the global needs of our customers and providing capital intense capabilities to emerging companies that preserve critical capital resources for their research, development and commercialization of technologies and products. As a company committed to delivering value to its customers while maintaining the highest standards of quality and continuous improvement for all lab operations, we see no better place to meet and exceed those goals than at CNSE."

Dr. Alain E. Kaloyeros, Senior Vice President and CEO of CNSE, said, "It is a pleasure to welcome Nanolab Technologies to the UAlbany NanoCollege, where it joins our ever-expanding roster of leading corporate partners and further builds the world-class capabilities of CNSE as the global hub for innovative nanotechnology research, development and commercialization. The decision by Nanolab to expand at CNSE provides another illustration of the strength and success of New York's nanotechnology sector, which is driving the growth of high-tech jobs, companies and investment across the state."

Nanolab plans to work closely with CNSE faculty and staff to identify CNSE students to be hired through paid internships to support the company's own scientists and engineers based at CNSE. Work to fit up Nanolab's facility at CNSE will begin in mid-August, and the laboratory is expected to be operational this fall.

###############################

About Nanolab Technologies Incorporated. NanoLab Technologies is a modern analytical services laboratory offering an impressive range of materials and process characterization, failure analysis, electrical debug and advanced microscopy services. Nanolab is staffed by a team of seasoned scientists and engineers, offering services on state-of-the-art equipment to meet the stringent requirements for the Semiconductor, Equipment & Process Development, Solar and Life Sciences Sectors. Nanolab is a privately held employee owned company. For further information please visit our website at www.nanolab1.com.

About CNSE. The UAlbany CNSE is the first college in the world dedicated to education, research, development, and deployment in the emerging disciplines of nanoscience, nanoengineering, nanobioscience, and nanoeconomics. CNSE's Albany NanoTech Complex is the most advanced research enterprise of its kind at any university in the world. With over $7.5 billion in high-tech investments, the 800,000-square-foot complex attracts corporate partners from around the world and offers students a one-of-a-kind academic experience. The UAlbany NanoCollege houses the only fully-integrated, 300mm wafer, computer chip pilot prototyping and demonstration line within 80,000 square feet of Class 1 capable cleanrooms. More than 2,600 scientists, researchers, engineers, students, and faculty work on site, from companies including IBM, GlobalFoundries, SEMATECH, Toshiba, Samsung, Applied Materials, Tokyo Electron, ASML, Novellus Systems, Vistec Lithography and Atotech. An expansion now underway is projected to increase the size of CNSE's Albany NanoTech Complex to over 1,250,000 square feet of next-generation infrastructure housing over 135,000 square feet of Class 1 capable cleanrooms and more than 3,750 scientists, researchers and engineers from CNSE and global corporations. For information, visit www.cnse.albany.edu.

Posted Tuesday August 16, 2011 at 05:04 pm by Zone 5
Last Updated Friday August 19, 2011 at 01:39 pm