They signed a deal with Plastic Logic a OLED giant, that would be flat screen TV's and such
NexTStar Automated Optical Inspection System to Be Integrated Into Plastic Logic Limited Manufacturing Line Plastic Logic Places a Follow-Up Order With NexTech FAS Jan 22, 2008 8:00:00 AM View Additional ProfilesAUSTIN, TX -- (MARKET WIRE) -- 01/22/08 -- NexTech Solutions, Inc. and FAS Holdings Group, LLC, doing business jointly as "NexTech FAS" (PINKSHEETS: NXSL), are pleased to announce that plastic electronics leader, Plastic Logic Limited, has placed a follow-up order with the company for NexTStar(TM), a stand-alone automated optical inspection system (AOI). The NexTStar will be incorporated into Plastic Logic's manufacturing line of flexible organic active matrix displays.
The NexTStar employs highly accurate and sensitive detection of problem-causing particles during flat panel display (FPD) manufacture. The system represents breakthrough performance in FPD defect detection because of its ability to identify defects as small as 300 nanometers with its proprietary NanoScan(TM) technology.
Prior to placing an order for NexTStar, Plastic Logic purchased the NexTech FAS Advantage IV Coating Solution, a fully-automated, integrated coating line. Both purchases are to be used in Plastic Logic's manufacturing line of flexible organic active matrix displays being developed for commercial portable electronic reader devices.
Nick Cousins, the director of technology transfer for Plastic Logic, commented, "NexTech FAS is the ideal partner for Plastic Logic; they are a company with a range of technologies ideally suited to our developing process and are of size to respond quickly to our demanding requirements."
About Plastic Logic
Plastic Logic is a leading developer of plastic electronics -- a new technology for manufacturing (or printing) electronics. The Plastic Logic approach solves the critical issues in manufacturing high resolution transistor arrays on flexible plastic substrates by using a low temperature process without mask alignment that is scaleable for large area, high volume and low cost.
This enables radical new product concepts in a wide range of applications including flexible displays and sensors. Independent experts from IDTechEx forecast plastic electronics will be a $30 billion industry by 2015, and could reach as much as $250 billion by 2025.
Plastic Logic was spun out of Cambridge University in 2000 to build on 10 years of research and has a team of more than 90 employees. The company has now raised equity and venture finance from financial and industrial investors including Amadeus Capital Partners (UK), BASF (Germany), Bank of America (US), Dow Chemical (US), Intel Capital (US), Morningside (Hong Kong), Merifin Capital (Belgium), Nanotech Partners (an international nanotechnology fund established principally by Mitsubishi Corporation of Japan), Oak Investment Partners (US), PolyTechnos Venture-Partners (Germany), Siemens (Germany), Tudor Investment Corporation (US) and Yasuda Enterprise Development (Japan). Other shareholders include Cambridge Display Technology, Seiko Epson and the University of Cambridge. Venture finance has been provided by European Technology Ventures and European Venture Partners.
About NFJV, LLC
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OTC: NXSL) NexTech Opens the Door to Multi-Billion Dollar Market With PLL Order NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IO News Wire. Jan 23, 2008 7:57:00 AM View Additional ProfilesNEW YORK, NY -- (MARKET WIRE) -- 01/23/08 -- NexTech Solutions, Inc. (PINKSHEETS: NXSL) and FAS Holdings Group, LLC, doing business jointly as "NexTech FAS" in the semiconductor and flat panel display (FPD) sectors, announced today that a plastic electronics leader, Plastic Logic Limited, has placed a follow-up order with the company for NexTStar(TM), a stand-alone automated optical inspection system (AOI). The NexTStar(TM) will be incorporated into Plastic Logic's manufacturing line of flexible displays.
Industry News
Independent experts from IDTechEx forecast plastic electronics will be a $30 billion industry by 2015, and could reach as much as $250 billion by 2025.
According to FPD Today, the flat panel display (FPD) market is expected to reach the $100 billion mark this year.
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We are going to see a monster rise in this companies sales I can see it coming from a mile away, anyone read the last few PR's lots of contracts are coming in!
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This is one of my favorites check out this post I made on another board! The guys do business with some industry giants!
Nextech Solutions Inc. is an emerging technology equipment manufacturer serving the semiconductor, flat panel display, solar panel, and organic LED industries. The Company owns 40 technology patents, has options to 120 other patents, and industry leaders Intel, Dow Chemical, and Hakuto Co. Ltd (one of the most highly respected distributors and manufacturers in the electronics industry) have backed NextTech Solutions, Inc. as investors
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"Their equipment is capable of inspecting the panels on these type of products"
NexTech FAS is the pioneer in the development of extrusion coating. NexTech FAS’ proprietary FAS-Coat coating technology allows a single technology platform to provide the essential coating operations pervasively in five key markets:
• Flat-Panel Displays (“FPDs”), for both computer applications and high-definition television applications • Silicon Wafers (“Semiconductor”) • High-Density Interconnects (“HDI”) • Micro-Electro-Mechanical-Systems (“MEMS”) • Photovoltaic Market (Solar fuel cells, and other forms of alternative
NexTech FAS currently has over 40 patents (U.S. and international) issued and pending and the rights to over 120 other patents.
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Posted by: Stockslayer06 In reply to: None Date:2/7/2008 9:34:01 AM Post #of 236
Good Morning NXSLers I talked to IR yesterday, Alot is going on with NXSL, Big announcement will be comming in regards to orders, financials, uplisting, It sounds like its going to be a big month for NXSL
Posts: 119 | Registered: Apr 2006
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Posted by: Stockslayer06 In reply to: Stockslayer06 who wrote msg# 235 Date:2/7/2008 11:55:59 AM Post #of 244
revenues are really set to increase dramatically.. Order backlogs of close to 10 million right now and they are ramping production. She had told me that they hired 11 new engineers recently to handle increasing orders
Posts: 119 | Registered: Apr 2006
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Keep a close eye on this I think we find out a lot more about the company in the coming weeks. If they can disclose more about their business investors will see what a quality company this is!
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