Biophan Wins Award for its Biothermal Power Technology

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PostPosted: Tue Nov 15, 2005 11:32 am    Post subject: Biophan Wins Award for its Biothermal Power Technology Reply with quote

Biophan Technologies Wins Award for Developing an Innovative Nanomaterial-Based Biothermal Power Source for Use in Medical Devices

Biophan Technologies, Inc. (OTCBB: BIPH; FWB: BTN), a developer of next-generation biomedical technology, announced today that it will receive a “Best of the Best” award from Nanotech Briefs magazine this week as part of its first annual Nano 50 Awards contest to recognize superior scientific achievement and innovation. In addition, CEO Michael Weiner will present the Company’s nanotechnology strategic initiatives.

The official ceremony will take place at an awards dinner during the NASA Tech Briefs Nano 2005 conference November 10-11, to be held at the Marriot Boston Newton in Newton, MA. Biophan is being recognized for an innovative nanomaterial-based biothermal power source. Being developed by Biophan subsidiary TE-Bio, the biothermal power source converts body heat into electricity to power implantable medical devices.

“Biophan’s research includes cutting-edge development in biomedical applications of nanotechnology,” said Mr. Weiner. “The Nano 50 “Best of the Best” award recognizes one of our important development programs. We believe the Company will continue to demonstrate leadership in other market segments, such as MRI imaging and drug-delivery systems, through our nanotechnology-based solutions.”

Biophan’s TE-Bio subsidiary has an agreement with NASA for characterization and joint development of high-density, thermoelectric nanomaterials for use with implantable medical devices. Research is being jointly conducted by Biophan and NASA personnel at the NASA Ames Research Center for Nanotechnology in Moffett Field, CA.

Mr. Weiner will also make a special presentation of the Company’s portfolio of nanotechnology-based biomedical applications on November 10 th at 2:00 p.m., in Ballroom A-D. Biophan's nanotechnology solutions span a range of existing and emerging multi-billion-dollar markets in addition to the biothermal power source, such as drug-delivery and MRI safety and image compatibility of medical devices.

The nominations for the Nano 50 were judged by a panel of nanotechnology and MEMS experts. The technologies, products, and innovators receiving the 50 highest scores were named winners of the Nano 50 “Best of the Best” awards. Presented by Nanotech Briefs magazine, a digital publication from the publishers of NASA Tech Briefs, the Nano 50 recognizes the top 50 technologies, products, and innovators that have significantly impacted, or are expected to impact, the state of the art in nanotechnology.

Source: Biophan Technologies.


This story was posted on 14 November 2005.
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