Solaris Nanosciences Receives Funding from World Gold Council for Enhanced Liquid Crystal Displays

May 18, 2005, 01:00 ET from Solaris Nanosciences

    PROVIDENCE, R.I., May 18 /PRNewswire/ -- Solaris Nanosciences, developer
 and manufacturer of nanomaterials to significantly enhance optical response in
 large market applications, today announces that the World Gold Council is
 providing funding to pursue Solaris' anisotropic gold nanorod technology for
 improved Liquid Crystal Displays (LCDs).  These nanoscale rod structures, or
 nanorods, when incorporated into liquid crystals are expected to improve
 display viewing angle performance of televisions, mobile phones and cameras.
 The same technology could help to restore the vision of people suffering from
 retinal diseases.
     "We are excited to be working with the support of the World Gold Council
 in this application of our nanomaterials for improved LCDs," said Dr. Nabil M.
 Lawandy, CEO of Solaris Nanosciences. "The funding will accelerate the
 commercialization of our nanostructure additives for higher performance
 displays. This effort will also directly benefit the development of our gold-
 based materials for restoring visual acuity in patients suffering from retinal
 diseases such as age-related macular degeneration (AMD)."
     The LCD market, which includes displays for televisions, cellular
 handsets, cameras and medical equipment, has grown significantly over the last
 ten years. Despite market success, however, one of the major drawbacks of
 current LCD technology is degradation of image and color beyond certain
 viewing angles. As LCDs are based on altering the phase of a light wave and
 not absorption of light, they appear to have a different color depending on
 the angle from which they are viewed.
     Solaris has developed a new gold-based additive that can create a LCD with
 an absorptive response that allows liquid display materials to absorb light.
 The use of gold for this application is an absolute necessity. Gold is non-
 toxic, inert, does not degrade in sunlight and has the ideal optical
 parameters to create the required colors for visible display applications.
     As part of the same research program, Solaris Nanosciences is developing
 biologically active gold-based nanostructures to help restore vision of people
 affected by Macular Degeneration and Diabetic Retinopathy, diseases which
 collectively affect 50 million people worldwide. Current therapies do not
 restore vision, and are aimed at only slowing down the progression of the
     "Supporting the development of new technologies based on gold will lead to
 important new applications for the metal in industry," said Dr Richard
 Holliday, Industrial Sector Manager of the World Gold Council. "Solaris
 Nanosciences has a powerful nanotechnology platform and an experienced team to
 successfully commercialize this technology. This will lead to exciting new
 applications for gold in electronic products."
     The current industrial demand for gold is around 350 to 400 tonnes a year,
 accounting for just ten per cent of global gold demand. This is a very low
 figure when compared to other precious metals, including platinum, palladium
 and silver. The World Gold Council believes that by supporting research and
 feasibility studies of the role gold can play in new technology, it will help
 to raise awareness of its unique properties and boost industrial demand.
     Solaris is pursuing the application of its scalable, consumable
 nanoantenna platform to provide unique benefits to several large industry
 sectors.  Solaris Nanosciences is applying its nanotechnology patent portfolio
 to become a leading manufacturer and licensor of nano-materials and the
 supporting technology.
     The company is pursuing three major applications of its nanoantenna
 platform technology: advanced materials for photovoltaics, additives for
 liquid crystal displays and nanostructures for improving vision for medical
 and military applications.  For additional information on Solaris and its
 technologies, visit
     World Gold Council
     The World Gold Council (WGC), a commercially-driven marketing
 organization, is funded by the world's leading gold mining companies. A global
 advocate for gold, the WGC aims to promote the demand for gold in all its
 forms through marketing activities in major international markets. For further
 information, visit
      Joshua J. Mandel
      Director, Business Development
      Anita Saunders
      Head of Public Relations, World Gold Council
      +44 20 7826 4716

SOURCE Solaris Nanosciences