NanoeXa Acquires Lithium Battery and Flat Panel Display Leader Decktron Revolutionary Computational Modeling Technology Will Enable Accelerated

Development Cycle and Enhanced Product Safety and Performance



    SOUTH SAN FRANCISCO, Calif., Sept. 7 /PRNewswire/ -- NanoeXa, a
 nanotechnology-based clean energy company, today announced that the company
 has completed the acquisition of Decktron (Kosdaq: 053070), a publicly
 traded manufacturer of flat panel displays and lithium batteries. Under the
 deal, NanoeXa assumes controlling interest in Decktron, which will continue
 to be publicly traded on the Korean Stock Exchange.
     "Decktron is a fast growing company with a successful line of flat
 panel displays and an innovative line of high quality lithium batteries.
 The combination of Decktron's manufacturing and marketing expertise and
 NanoeXa's breakthrough computational modeling platform will dramatically
 accelerate the development cycle of industry leading products," said
 NanoeXa CEO Michael Pak.
     NanoeXa is a nanotechnology company focused on near term
 commercialization to mitigate long-term risk. NanoeXa will immediately
 apply its nanotechnology expertise and lithium battery intellectual
 property portfolio to enhance the performance, efficiency, and safety of
 Decktron's current and future products. In the near term, this will usher
 in high performance lithium batteries enabling clean energy products.
     About NanoeXa
     NanoeXa is a nanotechnology-based clean energy company creating new
 business units that utilize nanotechnology and computational modeling
 innovation to dramatically improve material performance in clean energy
 products such as lithium batteries and solar cells. NanoeXa has assembled
 an extensive lithium battery intellectual property portfolio and has
 developed a computational modeling platform technology that offers a unique
 and powerful way to design and validate material design from the quantum
 level. NanoeXa is based in South San Francisco, California. For further
 information, visit www.nanoexa.com .
     About Decktron
     Decktron is an advanced technology and manufacturing company focused on
 delivering next generation lithium batteries that deliver exceptional
 performance and safety levels. In addition to lithium batteries, Decktron
 is a leading supplier of flat panel displays, including LCD and PDP,
 generating revenues of $100 million in 2005. Decktron will continue to grow
 its flat panel display business while becoming a global supplier of
 advanced lithium batteries for high end professional and consumer
 applications. Decktron is publicly traded on the Korean Stock Exchange and
 is headquartered in Seoul, Korea. For further information, visit
 www.decktron.com .
 
 

SOURCE NanoeXa

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