Friday, August 21, 2009

Nanoblog: It's Evident nanotech not a sure thing

Evident Technologies Inc., a Troy-based nanotechnology company formed at the start of the decade, filed for bankruptcy protection last month.

According to the Business Review in Albany, the company listed $4.8 million in debts in a filing at U.S. Bankruptcy Court. The company, which continues to operate, cites a patent infringement lawsuit as a source of the problem.

Evident developed nanocrystal quantum dots, which the Business Review said is used in items including flat screen TVs and Christmas lights.


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