SAN MARCOS, Texas, Aug. 6, 2014 /PRNewswire/ -- Quantum
Materials Corp (OTCQB:QTMM) (QMC) today announced achieving a
calculated 95% Quantum Yield (QY) for Green Tetrapod Quantum Dots
(TQD) manufactured by QMC's proprietary automated mass-production
system. The Full-Width Half-Maximum achieved was a narrow 36
nanometers with tunable emission from 530 to 550nm. Potential
clients are currently evaluating these high-performance TQD.
QMC is pleased to offer high quantum yield quantum dots with
reproducible FWHM uniformity, reliable system redundancy, and the
ability to scale production to any quantity necessary for
industrial purposes with modest capital expense (CAPEX) and low
ongoing manufacturing costs. QMC's ability to achieve economies of
scale with automated production is unmatched and offers supply
security and dependable cost forecasting in joint ventures planning
very large quantum dot product rollouts. QMC is planning
additional capacity on the order of multi-kilograms per day to meet
project needs that are being defined. QMC previously stated that
capacity could be expanded sufficient to support the entire display
industry converted to quantum dot 4K and 8K displays. According to
market researcher IHS, demand for QD-LCD displays is projected to
jump to 87.3 million units by 2020 (a CAGR of 109% between 2013 and
2020) as QD prices decrease and a reliable and uniform quantum dot
supply is assured for large production runs. QMC is positioned to
capture QD-LCD market share.
In solar photovoltaics, Solterra Renewable Technologies, a QMC
wholly owned subsidiary, calculates just one Solterra Quantum Dot
Solar Cells (QDSC) Plant can be scaled up to produce 1000 Megawatts
per year of printed solar cells using its own dedicated production
of QMC quantum dots. A Solterra QDSC facility would rely on
low CAPEX for both the QD production as well as low startup costs
for the solar cell equipment. Combined automated production
of QD and QDSC allow a cost goal of under 12¢ per kWh, the present
estimated residential electricity rate in the U.S. In comparison,
the four largest solar projects in 2012 in the U.S. are planning to
produce 1788Mw at a CAPEX of $11.5B
($6.5MM/MW) with Federal Subsidies of
$5.7B and U.S. taxpayer liability in
loan guarantees. Typically, due to the need to pay down the loan, a
purchase agreement by a Public Utility or local government must
require a higher rate to be paid than 12¢ per kWH, which is passed
on to the public in the form of higher bills. Solterra's goal is to
establish regional or national QDSC plants at a fraction of the
above CAPEX entirely by the private sector, without federal
subsidies, and a cost goal of under 12¢ per kWh.
Quantum Materials is also developing non-heavy metal
(Cadmium-Free) quantum dots using modified synthesis recipes and
automated manufacturing processes.
About Quantum Materials Corp
Quantum Materials Corp. develops and manufactures Tetrapod
Quantum Dots for use in medical, display, solar energy and lighting
applications through its patent-pending volume production process.
Quantum dots enable a new level of engineered performance in a wide
array of consumer and industrial products. QMC's volume
manufacturing methods enable consistent quality and scalable cost
reductions to drive innovative discovery to commercial success.
(www.qmcdots.com).
Solterra Renewable Technologies
Wholly-owned subsidiary Solterra Renewable Technologies develops
sustainable solar technology by replacing silicon wafer-based solar
cells with high-production, low-cost, efficient and flexible
thin-film quantum dot solar cells.
(http://solterrarenewable.com)
Safe Harbor statement under the Private Securities Litigation
Reform Act of 1995
This press release contains forward-looking statements that
involve risks and uncertainties concerning business, products, and
financial results. Actual results may differ materially from the
results predicted. More information about potential risk factors
that could affect our business, products, and financial results are
included in our annual report and in reports subsequently filed
with the Securities and Exchange Commission ("SEC"). All documents
are available through the SEC's EDGAR System at
http://www.sec.gov/ or www.QMCdots.com. We hereby disclaim any
obligation to publicly update the information provided above,
including forward-looking statements, to reflect subsequent events
or circumstances.
Contact:
Art Lamstein
Director of Marketing
Quantum Materials Corp.
415.609.4969
artlamstein@QMCdots.com
Media:
Rich Schineller
941.780.8100
rich@prmgt.com
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SOURCE Quantum Materials Corp.