|[April 18, 2014]
NanoMech Named Edison Awards Winner
SPRINGDALE, Ark. --(Business Wire)--
TuffTek by NanoMech has been named a 2014 Award Winner by the
internationally renowned Edison Awards™. The distinguished awards,
inspired by Thomas Edison's persistence and inventiveness, recognize
innovation, creativity and ingenuity in the global economy.
NanoMech, Making Atoms Work Harder and Smarter (Graphic: Business Wire)
"It's exciting to see companies like NanoMech continuing Thomas Edison's
legacy of challenging conventional thinking," said Frank Bonafilia,
Edison Awards' executive director. "Edison Awards recognizes the
game-changing products and services, and the teams that brought them to
consumers." These award winners will be recognized April 30, 2014 at the
Edison Awards Annual Gala, held in the historic Julia Morgan Ballroom in
San Francisco, CA.
Added Jim Phillips (News - Alert), NanoMech CEO, "The TuffTek platform is the Company's
patented, award winning and nanoengineered advanced coating technology
incorporated into cutting tools and wear parts for machining materials
used in automotive, aerospace, energy and other sectors, and critical
wear parts for machines and vehicles. Its novel bio-inspired surface
architecture-designed to mimic a lotus leaf-is capable of self-sustained
lubrication. A tool or wear part coated with the TuffTek technology
can outlast any similar tool on the market today. TuffTek is a true
R&D success story."
TuffTek® extreme wear resistant coating product lines of cutting
tools and critical machine wear parts provide innovative solutions for
enhancing machining productivity as high as 100-1000% for many
manufacturing applications, compared to traditional cutting tools, and
machines most commonly used, as well as difficult-to-machine alloys such
as pre-hardened steel, hardened steels, cast iron, and others which are
the back bone of automotive and trucking, aerospace, military,
earthmover and othr strategic industries. This invention is a major
sustainability solution as TuffTek® coated carbide significantly
extends the life of tungsten, which is a mission critical strategic
element for manufacturing in the U.S. and globally, but is significantly
declining in availability. TuffTek® extreme wear resistant
coating technology and products also allow dry or
minimum-quantity-lubrication (MQL) machining operation where millions of
gallons of machining liquid could be saved annually! The combination of
exceptional wear resistance and unsurpassed toughness which as an
invention is inspired-by-nature, brings TuffTek® cutting tools
performance beyond any other cutting insert presently on the market.
Edison Award nominees are judged by more than 3,000 senior business
executives and academics from across the nation whose votes acknowledge
the Finalists' success in meeting the award's stringent criteria of
Dr. Ajay Malshe, Chief Technology Officer and Founder, was honored by
the award and immediately thought of those with whom he has worked.
"NanoMech could not have received this prestigious award without the
tireless work of our world-class team of scientists, including Dr.
Wenping Jiang, Vice President of Manufacturing. I would also like to
thank the teams at the Nano Materials Science and Engineering Institute
at the University of Arkansas, the National Science Foundations and the
Environmental Protection Agency for their contributions over the years."
NanoMech is an internationally recognized world-class nanomanufacturer
with top award winning breakthrough innovations in machining, coatings,
lubrication and strategic military applications. In addition to the
Edison Award Finalist honor in Materials Science, TuffTek has received
numerous accolades and awards, recently receiving the coveted R&D 100
Award in November, 2013. The Company has also received the Frost &
Sullivan Award for Excellence in Technology. The industry's leading
trade journal, Cutting Tool Engineering Magazine, has dubbed
TuffTek as the "holy grail of coating" in a major article. Additionally,
U.S. federal agencies have shown their support for the technology by
awarding NanoMech project grants for various applications of the
technology. NanoMech is a member of President Obama's Materials Genome
Initiative, the U.S. Manufacturing Competitiveness Initiative (USMCI)
and the U.S. Technology Leadership and Strategy Initiative, both based
in Washington, DC.
Deborah Wince-Smith, CEO of the Council on Competitiveness (www.compete.org)
and also a member of NanoMech's Board of Directors, praises NanoMech for
their innovative work. "In a world of turbulence, transition and
transformation, nothing matters more to the competitiveness of companies
and countries than innovation and manufacturing prowess. The ability to
develop and deploy the most cutting-edge tools and products to bolster
U.S. advanced manufacturing will deliver outsized benefits to the U.S.
industrial base. NanoMech and TuffTek are at the leading edge of a
resurgent U.S. manufacturing capability - on that is not dumb, dirty,
dangerous and disappearing: but is smart, safe, sustainable and surging."
The Edison Awards is a program conducted by Edison Universe, a 501(c)(3)
charitable organization dedicated to fostering future innovators. The
2014 Edison Awards are sponsored by Lpsos. For more information about
the Edison Awards, Edison Universe and a list of past winners, visit www.edisonawards.com.
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