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LONDON and SAN MARCOS, Texas, April 27, 2017 -- Quantum Materials Corp (OTCBB:QTMM) and Freschfield PLC today announced the execution of a funded collaboration agreement by which Quantum will work with Freschfield to integrate Quantum Materials Corp advanced Nanomaterials including quantum dot-based solar photovoltaics into Freschfield's SmartSkinz.
Freschfield has synthesized solar and hydrogen fuel cell technologies into an outer layer building skin – SmartSkinz – which creates a perpetual carbon-free energy source, under any weather condition, time of day and location.
Quantum Materials’ development will focus on developing and deploying advanced nanomaterials to optimize system performance on several levels including the building-integrated photovoltaics (BIPV) component of SmartSkinz.
“The Freschfield SmartSkinz technology represents a masterful combination of state-of-the-art advances in diverse technologies into one building material, the Freschfield SmartSkinz,” stated Freschfield PLC board member Dr. George Koo. “It will revolutionize the way new cities will be built and by retrofitting, will convert existing buildings into energy self-sufficient structures.”
“Quantum was a natural fit for us, Stephen and I have great synergy and see a similar future,” said Freschfield PLC founder and executive chairman Dr. Randolph Allen St James II. “We look forward to this first step in an extremely important relationship as we develop ground breaking products.”
Under terms of the agreement, Freschfield will fund development by providing $1 million over four quarters to Quantum Materials beginning June 2017.
“This is an ideal application for a number of our high performance nanomaterial technologies not the least of which being quantum dot photovoltaics and we are excited to work with Freschfield to optimize system efficiencies of their revolutionary SmartSkinz offering,” stated Quantum Materials Corp founder and CEO Stephen Squires.
ABOUT FRESCHFIELD
Freschfield PLC is a new breed of company based in the UK with offices in North America and Asia. Freschfield is the convergence of commercial construction, energy generation and storage with the technology worlds. This combination is enabled by innovative IP and engineering science to develop High performance Building Platforms. After several years of R&D they are introducing the first generation Chameleon Z 7 iSKIN. These smart building panels enable energy harvesting and storage, ultra high-speed data management, and an independent secure Nano grid all within an Architectural Active Envelope. This next generation of smart solar hydrogen advanced buildings skins will be a fundamental shift in how commercial buildings and Smart Clean Cities are designed, built and powered globally. www.freschfield.com
ABOUT QUANTUM MATERIALS CORP
Quantum Materials Corp (QMC) develops and manufactures quantum dots and nanomaterials for use in display, solar energy and lighting applications through its proprietary high-volume continuous-flow production process. QMC's volume manufacturing methods enable consistent quality and scalable cost reductions to provide the foundation for technologically superior, energy efficient and environmentally-sound LCD UHD displays, the next generation of solid-state lighting and solar photovoltaic power applications. Wholly-owned subsidiary Solterra Renewable Technologies develops sustainable quantum dot solar technology. In 2015, QMC entered into an agreement with Uniglobe Kisko Inc. for distribution of advanced QMC quantum dot and related nanomaterials. For more information follow Quantum Materials Corp at www.QMCDOTS.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.
Quantum Materials Corp contacts: Toshi Ando Senior Director of Business Development 510.300.4021 [email protected] Media: Rich Schineller 941.780.8100 [email protected] Investor Relations: Clay Chase - SD Torrey Hills Capital 858.456.7300 [email protected] Freschfield PLC contact: David Micklewright [email protected]
