HGCI, iCurie Labs, Inc. Patented Nanotechnology Cooling
- Expect we will be hearing more on this technology. Intel just
cancelled its Tejas Chip due to heat problems.
iCurie Receives Certification From Computer Giant LG
/FROM PR NEWSWIRE CLEVELAND 216-566-7777/
TO BUSINESS AND TECHNOLOGY EDITORS:
iCurie Receives Certification From Computer Giant LG
LONDON, May 17 /PRNewswire-FirstCall/ -- iCurie Lab Holdings,
announced today that its patented iCurie Cooled(TM) nano-technology
system, which may become the new standard in cooling for the
industry, has passed performance testing and received certification
Electronics, Inc. (KOREA: 066570), one of the top five manufacturers
world of OEM PCs.
The successful completion of the certification process has paved
for commercialization of iCurie's patented micro coolers. iCurie's
self circulating cooling module is scheduled to replace bulky, noisy
battery draining cooling systems in today's notebook and tablet
thinner, smaller, quieter and less power consuming coolers.
Dr. Ye Kim, Senior Engineer in charge of certification at LG
said, "iCurie Lab's micro cooling system's natural fluid circulation
technology has dramatically reduced the size, noise, vibration and
consumption of the cooler and the computer. iCurie's cooling system
technology is able to achieve high cooling efficiency that it is
suitable as a
cooling module for small mobile devices including the tablet and next
generation note PCs, PDAs and hand phones and has a powerful
as the next generation cooling system."
The patented iCurie technology provides the basis for a quantum
forward in one of the greatest barriers to ever-increasing computer
speeds -- heat. The iCurie solution is unique in that its
like pumps and its micro thin structures dissipate heat to the
more efficiently, up to 400% greater than current methods. Due to
heat dissipation, the iCurie technology could eliminate noisy fans in
and laptops altogether.
The firm has garnered global interest in its light-weight, power
refrigeration system as a growing number of notable technology
universities and government agencies have focused on the impending
barrier in electronics.
iCurie's Chief Executive, Dr. Jeong Hyun Lee, Ph.D., former NASA
Samsung Engineer said, "The world has only recently begun to realize
importance of cooling in electronics and the limitations of current
methods which not only consume a significant amount of energy or use
which could endanger the environment but cannot cool altogether. As
integration and clock speed of computer processing units (CPUs)
dramatically so has the amount of heat generated. We are well
satisfy the ever-increasing demand for faster and more powerful PCs
allowing the electronic components and/or systems to work faster by
the heat more efficiently."
Hansen Gray & Company, Inc., is the lead venture capital firm
iCurie. Mark E. Gray, CEO of Hansen Gray commented, "As the leading
investor in iCurie, we are pleased with their progress which is ahead
schedule against their stated time frames for certification. It is
understanding that certification by a firm of LG's stature would pave
for substantial, immediate commercialization under their pending
Hansen Gray & Company, Inc., (OTC: HGCI) is an investment banking
based in Atlanta, Georgia. The firm's area of investment
primarily lifesciences, alternative energy sources and emerging
Additional information on the firm is available at www.hansengray.com
calling (770) 781-6500.
iCurie Lab Holdings, Ltd. is a U.K. holding corporation based in
England. Through its sister company iCurie Labs, Inc. in Seoul Korea
operates a technology research and development laboratory
specializing in next
generation cooling technologies. The company's technology has a wide
cooling applications in development including computer chips,
telephones, automotive, refrigeration, heating and air conditioning
specialized defense applications. Additional information on iCurie
technology is available at www.icurie-lab.com .
This press release contains forward-looking statements, involving
and uncertainties including statements regarding the Company's
performance. Such statements are based on management's current
and are subject to certain factors, risks and uncertainties that may
actual results, events and performance to differ materially from
referred to or implied by such statements. In addition, actual future
may differ materially from those anticipated, depending on a variety
factors which include, but are not limited to, our ability to
technology, manage our growth, protect our intellectual property
attract new customers and general economic conditions affecting
spending, including uncertainties relating to global political
such as terrorism and the conflict with Iraq. Information with
important factors that should be considered is contained in the
Annual Report on Form 10-KSB as filed with the Securities and
Commission. Readers are cautioned not to place undue reliance on
forward-looking statements, which speak only as of the date hereof.
Company does not intend to update any of the forward -looking
the date of this release to conform these statements to actual
results or to
changes in its expectations, except as may be required by law.
SOURCE Hansen Gray & Company, Inc.; iCurie Lab Holdings, Ltd.
/CONTACT: Mark Gray, CEO of Hansen Gray & Company, +1-770-781-6500,
mgray@...; or Media, James McCusker of G.S. Schwartz &
Co.,+1-212-725-4500, or jmccusker@.../
/Web site: http://www.hansengray.com
May-17-2004 12:01 GMT
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