customers to decrease the operating voltage and at the same time increase the overall efficiency of the OLED. With state of the art analytical equipment and methods Merck ensures high purity and reliability. Therefore livilux OLED materials are ideally suited for mass production. The isiphor™ brand offers a broad spectrum of efficient lighting materials (phos- phors) for manufacturers of light-emitting diodes (LEDs). These support color-on-demand concepts ranging from warm to cold white light, and are fast earning Merck a reputation as a reliable partner to the lighting industry. http://www.merck-chemicals.com
evenues for the first quarter of 2010 of MEMSIC, Inc. (NASDAQ: MEMS) were $7.3
million, a 10.6% increase from the first quarter of 2009. Net loss in the 2010 first quarter was $2.3 million, or ($0.10) per diluted share, compared to net income of $57,000, or $0.00 per diluted share, in the prior-year period. The company’s 2010 results include revenue from the lines of business MEMSIC acquired from Crossbow Technology, Inc. on Janu- ary 15, 2010, transaction costs related to the acqui- sition, and costs related to the addition of Crossbow engineering and sales staff. The 2010 results also include $0.4 million in stock-based compensation compared to $0.3 million in the 2009 quarter. http://investor.memsic.com
illipore Corporation (NYSE: MIL) announced that its 3.75% Convertible Senior Notes Due
2026 (the “Notes”) will become convertible as part of Merck KGaA’s pending acquisition of Millipore. As part of the previously announced transaction, a wholly-owned subsidiary of Merck KGaA will acquire all of the issued and outstanding shares of Millipore
common stock in exchange for $107.00 per share in cash.
In accordance with the terms of the Notes’ In- denture, dated June 13, 2006 (the “Indenture”), Millipore is delivering a notice to holders of these Notes of the anticipated Fundamental Change and Make-Whole Fundamental Change (in each case, as defined in the Indenture) that will occur upon the consummation of the share exchange transaction. The Company currently anticipates that the effective date of the share exchange transaction will occur on July 14, 2010, although the Company is unable to give any assurance as to the actual date on which the effective date of the share exchange will occur, if at all.
anoExa announced additional partnering opportunities for Li-ion 160 cathode materi-
als in Asia, 250 cathode materials in the US, and for development and application of Quantum Simulation Software (QSS) for battery materials solutions and possible future extensions to ultra capacitors, solar cells, fuel cells and other industries utilizing metal oxides.
Michael Pak, Founder & CEO, presented business & investment opportunities on June 24th at the Cle- an Tech Storage & Power session Clean Technology Conference & Expo.
According to Michael, “We are using QSS to design new generations of battery materials and completing optimization for scale-up of high-energy/high-voltage 250 mAh/g two-phase layer-layer NCM composite cathode materials, scheduled for pilot production
10-05/06 :: May/June 2010