Nanocomp Technologies Awarded $1.5 Million Development Contract from U.S. Army Natick...

Nanocomp Technologies Awarded $1.5 Million Development Contract from U.S. Army
Natick Soldier Center
New funding to further develop enhanced body armor protection for U.S. troops

CONCORD, N.H., Aug. 5 /PRNewswire/ -- Nanocomp Technologies, Inc., a
developer of energy-saving component products and performance materials, today
announced it has been awarded a $1.5 million development contract from the
U.S. Army Natick Soldier Center in Massachusetts.
The Company has been working with the Army's Natick Soldier Center to
develop its proprietary carbon nanotube technology for the purpose of
improving body armor. Protective body armor is one of the major contributors
to the weight a soldier must carry in combat. The Army is seeking to reduce
the weight of body armor while improving its ability to protect from ballistic
threats including bullets and fragments from IEDs.
"Today's soldiers carry heavy combat loads. For the past several years,
we have been working with the Natick Soldier Center to develop our
nanomaterials with the objective being to create a new generation of
lightweight, ballistic protection systems," said Peter Antoinette, president &
CEO of Nanocomp Technologies. "This contract award is largely due to the
leadership of New Hampshire Senators John Sununu and Judd Gregg as well as
Representative Paul Hodes, demonstrating a commitment to and the success of a
bi-partisan approach to growing business and creating jobs in the state. It
enables our company to continue to work with the Army on this important
project."
Nanocomp Technologies' carbon nanotubes are already distinguished by their
very long lengths-up to one millimeter. As a result, the Company's products
are significantly stronger, more conductive, and safer to use in end
applications when compared to short, powder-like nanotubes previously
appearing in the market.
In early 2008, Nanocomp Technologies began producing large area CNT sheets
that not only demonstrate value for the Army but also for a number of
aerospace and electronics applications.
About Nanocomp Technologies, Inc.
Nanocomp Technologies was formed in 2004 to leverage its proprietary and
fundamental advancements in the production of extremely long carbon nanotubes
as well as a unique ability to fabricate them into physically strong,
lightweight and electro-thermally conductive yarns and sheets. The company's
objective is to develop products with revolutionary performance benefits
creating a new generation of advanced energy systems, electro-thermal devices,
and structural materials. It has sixteen patents pending. The company is
headquartered in Concord, N.H. For additional information, please visit
http://www.nanocomptech.com/.
Nanocomp and the Nanocomp logo are trademarks of Nanocomp Technologies,
Inc. All other marks are trademarks or registered trademarks of their
respective holders.
SOURCE Nanocomp Technologies, Inc.

John Dorr, VP, Business Development of Nanocomp Technologies, Inc.,
+1-603-442-8992, jdorr@nanocomptech.com