Leading Nanotechnolgy Powerbroker Mark Modzelewski Joins NanoDynamics as VP of Strategic Opportunities
Efforts to focus on creating new product line partnerships, government opportunities, strategic relationships, and acquisitions.
New York, NY (PRWEB via NSTI) June
16, 2005 -- NanoDynamics,™ Inc., a leader in the development and manufacturing
of advanced nanomaterials and nanotechnology-enabled products, announced today
that noted nanotechnology business visionary F. Mark Modzelewski is joining the
firm in the newly created position of Vice President of Strategic
Opportunities.
In his new role, Modzelewski will be responsible for the
identification and formation of new strategic partnerships, corporate
relationships, licensing deals, joint ventures, and acquisitions, as well as
furthering the Company's government funding and contracting
opportunities.
"We are very excited to have Mark join us," said Keith
Blakely, CEO of NanoDynamics. "Having Mark come over from Lux Research, a firm
that has been of great help in shaping our business strategy, allows us to
accelerate our plan to establish NanoDynamics as one of the leading
nanotechnology-enabled product companies in the world. Mark brings tremendous
business, financial, and government-sector experience, and has been one of the
leading advocates of the potential for nanotechnology," Blakely
added.
Modzelewski founded and is executive chairman of The NanoBusiness
Alliance, whose purpose is to advance the emerging trillion dollar business of
nanotechnology. He also co-founded and served as managing director of Lux
Research, a premier research and advisory firm focusing on the business and
economic impact of nanotechnology and related emerging technologies.
This spring, Mark served as a visiting professor at Rensselaer
Polytechnic Institute's Lally School of Business teaching technology
entrepreneurship. In 2003, Modzelewski launched, and continues to advise, the
Benet Group, a private equity firm focused on bio-nanotechnology companies, that
builds start-ups from raw science working with leading university and government
researchers.
Modzelewski is a member of the Nanotechnology Technical
Advisory Group to The President's Council of Advisors on Science and Technology
(PCAST). He is among the most well-known figures in the technology field and was
recently recognized by Forbes as one of nanotech's top
"powerbrokers."
Before starting the NanoBusiness Alliance, Modzelewski
was vice president of business development for Opion, a surveillance and
marketing technology company, and a director of Niehaus, Ryan, Wong, New York,
heading strategic communications, investor relations and issues-management
efforts for a host of leading technology companies.
Prior to entering the
private sector, Modzelewski was an appointee in the Clinton Administration,
serving as special assistant in the offices of HUD Secretary Henry Cisneros and
Secretary Dan Glickman of the U.S. Department of Agriculture. Modzelewski earned
his law degree at the University of Denver College of Law.
"Keith has put
together a world-class team and a product-focused approach that is truly helping
to drive nanotechnology from the lab to the marketplace," said Modzelewski.
"Helping start Lux Research and being part of its growth and success was an
incredible experience and I am looking forward to continuing working with the
team at Lux in the future."
"Mark's unique perspective has helped deliver
valuable insights to many of Lux Research's clients," said Lux Research CEO
Peter Hebert. "We're excited to continue our work with him as a client at
NanoDynamics."
About NanoDynamics
NanoDynamics,™ Inc., is a leader in
the field of nanotechnology and manufacturer of superior nanomaterials. With
proprietary technologies and a wealth of human capital, and broad experience in
commercializing emerging technologies, the company is uniquely positioned to
economically produce high quality nanomaterials in commercial quantities.
NanoDynamics' high-quality nanomaterials and nano-enabled products are already
making possible revolutionary advances in a wide range of products and
industries, including electronics, semiconductors, fuel cells, transportation,
energy, biotechnology and consumer products. For more information, please visit:
www.NanoDynamics.com.
About Lux Research
Lux
Research is the world's leading nanotechnology research and advisory firm. It is
dedicated to helping clients make better decisions to profit from nanoscale
science and technology, through its analysts' unique expertise and unrivaled
network. Its clients include top decision makers at large corporations,
portfolio managers and analysts at leading financial institutions, CEOs of the
most innovative start-ups, and visionary public policy makers
About the
NanoBusiness Alliance
The NanoBusiness Alliance is the first industry
association founded to advance the emerging business of nanotechnology and
Microsystems. The NanoBusiness Alliance's mission is to create a collective
voice for the emerging small tech industry and develop a range of initiatives to
support and strengthen the nanotechnology business community, including:
research and education, public policy, public awareness, public relations, and
promotions and industry support.
For more information on NanoDynamics and
its superior nanomaterials, please contact:
Steve
Decollibus
NanoDynamics
e-mail protected from spam bots
716
853-4900
401 442-0042
www.NanoDynamics.com
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Source : http://www.prweb.com/releases/2005/6/prweb251858.htm