IP2Biz and International Speciality Chemicals Announce Joint Development Agreement for TiO2-based Nanowires

Business Wire, March 12, 2008

ATLANTA & LONDON -- Today, IP2Biz LLC of Atlanta and International Speciality Chemicals Ltd. (ISC) of London, announced a joint-development agreement for the purpose of bringing titanium dioxide (TiO2)-based nanowires to market. The two companies will work together to develop manufacturing capabilities and identify additional applications for this unique, breakthrough material created at the University of Arkansas. Financial details of the agreement were not disclosed.

When assembled into free-standing membranes, this two-dimensional "paper" provides solutions for a variety of applications including high-temperature chemical and water filtration, high-temperature non-woven textiles, drug delivery, fuel cells and solar cells among others.

"While speciality filtration applications appear to be the first addressable market segment, we fully expect to see many other applications come to market based on our knowledge of TiO2 and our global network of suppliers and customers," said David Priestley, managing director of ISC, the London-based manufacturer and distributor of chemical products.

"The long nanowires are nearly pure TiO2," commented James Throckmorton, president of IP2Biz, the Atlanta-based company that holds the global license for the technology. "In addition to withstanding extreme temperatures, TiO2-based nanowires can be used in the strongest chemical acids and bases. We look to multiple breakthrough applications in the future."

The technology is licensed exclusively to IP2Biz through the University of Arkansas Technology Development Foundation, an organization that helps transfer early-stage inventions to corporations and start-up organizations.

About IP2Biz LLC

IP2Biz LLC is a leading technology acquisition, development, licensing and growth company that transfers technology for commercial application. IP2Biz's unique business model revolutionizes the early stages in the commercialization process, improving the efficiency, effectiveness and returns for corporate buyers and investors. As a result, clean, packaged IP is delivered to business with greater speed, reduced costs and lowered risks. For more information, visit www.ip2biz.com.

About International Speciality Chemical Limited

ISC is a speciality chemicals marketing organisation working with a number of key manufacturers to bring innovative products to global markets. ISC is built on the principles of making high quality innovative products and providing a high quality reliable service. ISC has more than 20 years experience of marketing speciality chemicals. Our marketing partners are located throughout Europe, the Middle East and Asia. Please visit our Web site, www.isc-web.co.uk.