Ecology Coatings and DuPont Performance Coatings Sign Licensing Agreement
AKRON, Ohio--April 11, 2005--Ecology Coatings Inc., a leader in nano-engineered ultra-violet curable coatings research, and DuPont Performance Coatings announced today that DuPont has been granted a license to manufacture and sell Ecology Coating's proprietary products for use in North American automotive applications.Terms of the licensing agreement were not disclosed.
Ecology's proprietary liquid, 100% solids, ultra-violet curable coatings deliver superior performance and enable dramatic process efficiencies for manufacturers.
Rich Stromback, CEO of Ecology Coatings, stated, "Our products are the culmination of 15 years of singularly focused research. We are pleased to work with DuPont Performance Coatings in commercializing our technology for automotive applications. DuPont is the world's premier science company and our agreement with them highlights Ecology Coatings' leading position in advanced coatings technology."
Ecology Coatings is a world leader in the development of nano-engineered, ultra-violet curable coatings. Using a platform of integrated nano-material technologies, the company creates proprietary coatings with unique performance attributes. Ecology collaborates with industry leaders to develop revolutionary high-value, high-performance coatings for military, automotive, industrial, electronic and medical applications. Ecology Coatings is a privately held company based in Akron, Ohio. For more information please visit the company's website at www.ecologycoatings.com.