SALT LAKE CITY, Utah, (PRWEB) January 11, 2013
Chamtech, a privately-held, Utah-based developer of a proprietary, nano-antenna technology, announced its engagement of Hickey Freihofner Capital, a division of Brill Securities, Inc., a New York-based investment banking firm, to provide financial advisory and related services. Having served U.S. military and intelligence agencies since its inception, Chamtech is now commercializing its technology to new market segments, such as consumer electronics, emergency response, aerospace, and professional sports.
"Our decision to engage Hickey Freihofner Capital is a significant step in helping us realize our vision of improving the range, energy efficiency, and quality of the devices we all use to stay connected.” said Anthony J. Sutera, co-founder, CEO, and President of Chamtech. “The antenna applications of nCap technology are virtually limitless. From improving cell phone reception to enabling consumers to access wireless service from almost anywhere, nCap technology is poised to revolutionize our ability to communicate with each other.”
Chamtech’s patented nCap technology is a breakthrough in antenna technology, replacing or enhancing traditional antennas to improve signal range, data rate, and battery life of devices relying upon antenna technology. nCap technology is a liquid substance containing thousands of nano-capacitors, which harness energy to send and receive wireless signals. The substance can be applied on nearly any surface, including concrete, metal or even a tree, to create a powerful, energy-efficient antenna. This disruptive technology has been deployed on field operations by U.S. Special Forces, in Afghanistan and other remote regions of the world where clear, reliable and secure communications are mission critical. In 2013, in addition to continuing to serve the U.S. military, intelligence, and government segments, Chamtech is extending the application of its technology to address the product needs of the commercial and consumer markets.
"Continued requests for new nCap technology antenna applications from our existing clientele in the military, intelligence, and government space have proven the flexibility and value of our technology,” said Kristin R. Vazquez, co-founder, VP, and General Counsel of Chamtech. “Our technology is generating global interest across industry verticals and partnering with Hickey Freihofner will enable us to meet existing demand, as well as to serve these new markets.”
Chamtech Technologies Inc. (Chamtech) is the developer of a proprietary nano-antenna technology that replaces or enhances traditional antennas in a diverse array of applications. Chamtech’s nCap technology was recognized as a radical new technology at Google’s inaugural Solve for X event in February 2012. Unlike traditional antennas, which are limited by size, weight, power requirements, and emissions, antenna applications using nCap technology are flat, lightweight, energy efficient, and emit little to no heat. Independent field testing has shown that Chamtech antennas had improved data collection and transmission capability with lower power requirements compared to standard military antennas. In addition, enhancing off-the-shelf antennas with nCap technology led to improved signal strength, data speed, and battery life in consumer devices such as smartphones and tablets.
For additional information concerning Chamtech (a wholly-owned subsidiary of Chamtech Technologies, Inc.), please visit http://www.chamtechops.com.
About Hickey Freihofner Capital
Hickey Freihofner Capital is a division of Brill Securities, Inc., member of FINRA/SIPC/MSRB, a New York-based investment bank boutique that specializes in raising growth capital for small and medium-sized companies. The investment bank specializes in Private Placements funded by private equity funds and high net worth investors and also provides financial advisory services to its clients regarding all stages and aspects of a company’s growth cycle.
For additional information concerning Hickey Freihofner Capital, please visit http://www.hfcap.com.
Chamtech is including the following cautionary statement in this corporate release to make applicable and take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 for any forward-looking statements made by, or on behalf of, the Company. Forward-looking statements include statements concerning plans, objectives, goals, projections, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts. From time to time, the Company may publish or otherwise make available forward-looking statements of this nature. All such subsequent forward-looking statements, whether written or oral and whether made by or on behalf of the Company, are also expressly qualified by these cautionary statements. Certain statements contained herein, including, without limitation, those that are identified by the use of the words "anticipates," "estimates," "expects," "forecasts," "intends," "plans," "predicts," "projects," "believes," "seeks," "will," "may," and similar expressions, are "forward-looking statements" as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks and uncertainties, which could cause actual results or outcomes to differ materially from those expressed in the forward-looking statements. The Company's expectations, beliefs and projections are expressed in good faith and are believed by the Company to have a reasonable basis, but there can be no assurance that management's expectations, beliefs or projections will result or be achieved or accomplished.
SOURCE Millennial Research Corporation
Web site: http://chamtechops.com
Web site: http://www.hfcap.com