Rolith Aims To Address The Growing Market For Transparent Electrodes

  Rolith Aims To Address The Growing Market For Transparent Electrodes

 University of Michigan Office of Technology Transfer grants Rolith exclusive
              license to make transparent conductive electrodes

Business Wire

PLEASANTON, Calif. -- December 10, 2012

Rolith, Inc., the leader in developing advanced nanostructured coatingsand
devices, today announced that it has received an exclusive license to methods
of micro and nano-patterning substrates to make transparent conductive
electrodes from the University of Michigan Office of Technology Transfer (U-M
Tech Transfer). The licensed process, developed by University of Michigan
professor Jay Guo, is based on patterning, which uses continuous optical
lithography and offers a low cost, high throughput approach to manufacturing
transparent conductive electrodes.

Transparent conductive electrodes are critical to the operation of various
optoelectronic devices and are commonly used in high volume applications such
as displays, solar cells, “smart” windows and LEDs. Transparent conductive
metal oxides, such as indium tin oxide (ITO) are currently used for this
purpose. However, there is a growing need to replace ITOs with alternative
solutions for reasons of cost, availability and performance.

Recent discoveries regarding the optical properties of nanopatterned metals
have opened up an important opportunity to develop a new class of transparent
electrodes without relying on ITOs. The nanostructured electrodes technology
licensed from U-M Tech Transfer in combination with the existing “Rolling Mask
Lithography” capabilities at Rolith offer a convenient and cost effective
manufacturing solution to the market.

“We are pleased to be able to partner with Rolith with the license of this
exciting technology,” says U-M Tech Transfer Executive Director Ken Nisbet.
“Partners as Rolith enable our research discoveries to have an impact and
fulfill our mission.”

“Rolith was fortunate to partner with the University of Michigan and the
talented group of scientists headed by Prof. Jay Guo from the early stages of
our company growth,” said Dr. Boris Kobrin, Founder and CEO of Rolith. “The
recent licensing deal gives us a stronghold position in one of the most
demanded applications of our core technology.”

ABOUT ROLITH, INC:

Rolith, Inc. is developing advanced nanostructured products for consumer
electronics, solar and green building markets using a proprietary
nanolithography technology. Rolith was formed by Dr. Boris Kobrin, Prof. Mark
Brongersma and Julian Zegelman in 2008 and is currently located in Pleasanton,
CA. The company holds a comprehensive patent portfolio in the areas of
nanolithography, material deposition and etch methods, and nanophotonic
devices. Rolith’s strategic partners include SUSS MicroTec AG and Asahi Glass
Company Ltd. Its current investors are DFJ VTB Capital Aurora, a Draper Fisher
Jurvetson affiliate fund managed by VTB Capital and AGC America, Inc., the
venture arm of Asahi Glass Group.

ABOUT UNIVERSITY OF MICHIGAN:

The University of Michigan spends over $1.2 billion per year on its
wide-ranging research initiatives, making it one of the largest, most
successful academic research institutions in the world. U-M Tech Transfer, the
University unit responsible for transferring research discoveries to business
and venture partners, launches an average of 10 start-ups, and signs over 100
agreements with businesses annually. These activities have led to the launch
of over 100 new start-up companies since 2000, including HealthMedia,
Compendia Biosciences and Arbor Networks, and the adoption of several
world-changing technologies, such as the FluMist® inhalable flu vaccine and
the IntraLase® LASIK eye surgery system. More on U-M Tech Transfer, including
a up-to-date list of technologies available for commercialization, can be
found atthe U-M Tech Transfer website.

Contact:

HORN.
Holly Kinzell, 415-905-4013
Holly.Kinzell@horngroup.com
or
Rolith, Inc.
Julian L. Zegelman, 408-891-7991
julian@rolith.com
 
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