ROMEOVILLE, Ill., Dec. 4, 2012 (GLOBE NEWSWIRE) -- Nanophase Technologies Corporation (OTCQB:NANX), a technology leader in nanomaterials and advanced nanoengineered products, today announced that Kevin Cureton has joined Nanophase as its Vice President – Sales, Marketing and Business Development.
Nanophase CEO and President Jess Jankowski commented, "I'm delighted to announce that Kevin has agreed to join our team, leading our sales, marketing, and business development efforts. Kevin brings extensive industry experience and a track record of success in building sales organizations, including significant experience in business development and operational executive management roles within AMCOL. This included eight years as a hands-on Managing Director building AMCOL's nanomaterial-based Health & Beauty Solutions division from a technology-driven start-up occupying a few cubicles, to a profitable business with more than sixty employees. He has also worked in several sales and technology development roles within the chemical industry, along with founding two companies on his own. Kevin brings a high degree of energy, creativity, leadership and business judgment to our organization. We are on a positive trajectory today, with three consecutive years of revenue growth from 2009 through our projected 2012 revenue estimate. I look forward to partnering with Kevin, and believe his addition to the team will accelerate the pace and help us to achieve breakout levels of performance."
During his career, Kevin's chemical industry experience has spanned more than twenty years with companies including AMCOL, Air Products, Borden and others. He holds an undergraduate degree in chemical engineering from Carnegie Mellon University and an M.B.A. from the University of Chicago.
About Nanophase Technologies
Nanophase Technologies Corporation (NANX), www.nanophase.com, is a leader in nanomaterials technologies and provides nanoengineered solutions for multiple industrial product applications. Using a platform of patented and proprietary integrated nanomaterial technologies, the Company creates products with unique performance attributes from two ISO 9001:2008 and ISO 14001 facilities. Nanophase delivers commercial quantity and quality nanoparticles, coated nanoparticles, and nanoparticle dispersions in a variety of media.
This press release contains words such as "expects," "shall," "will," "believes," and similar expressions that are intended to identify forward-looking statements within the meaning of the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Such statements in this announcement are made based on the Company's current beliefs, known events and circumstances at the time of publication, and as such, are subject in the future to unforeseen risks and uncertainties that could cause the Company's results of operations, performance and achievements to differ materially from current expectations expressed in, or implied by, these forward-looking statements. These risks and uncertainties include, without limitation, the following: a decision by a customer to cancel a purchase order or supply agreement in light of the Company's dependence on a limited number of key customers; uncertain demand for, and acceptance of, the Company's nanocrystalline materials; the Company's manufacturing capacity and product mix flexibility in light of customer demand; the Company's limited marketing experience; changes in development and distribution relationships; the impact of competitive products and technologies; the Company's dependence on patents and protection of proprietary information; the resolution of litigation in which the Company may become involved; the impact of any potential new government regulations that could be difficult to respond to or too costly to comply with while remaining financially viable; the ability of the Company to maintain an appropriate electronic trading venue; and other factors described in the Company's Form 10-K filed March 29, 2012. In addition, the Company's forward-looking statements could be affected by general industry and market conditions and growth rates. Except as required by federal securities laws, the Company undertakes no obligation to update or revise these forward-looking statements to reflect new events, uncertainties or other contingencies.
CONTACT: Nancy Baldwin Investor Relations 630-771-6708Source:Nanophase Technologies Corporation