Download QSI Press Release Here
Working Closely with Casale in Sales Discussions to Ammonia Chemical Plants Debt Conversions Have Improved Company Balance Sheet
SANTA ANA, CA – (Accesswire) – February 28, 2017 – QuantumSphere, Inc. (OTCQB: QSIM), a developer and manufacturer of advanced catalyst materials designed to increase process efficiencies and production output in commercial-scale chemical plants, today issued a business and corporate update to its shareholders.
QuantumSphere continues to operate its pilot manufacturing facility in Santa Ana, CA and although the sales process has taken longer than expected, the Company is still active with its partner, Casale, S.A., in pursuing an ammonia plant operator as a customer. The Company is optimistic that its ammonia FeNIX™ product can add significant value to ammonia plant operators and that an install at a live operating plant may occur in 2017. After 14 years of research and development, more than $35 million of invested capital and having worked closely with Casale for the past six years, QuantumSphere believes all of the hard work will result in commercialization; it’s just a matter of when.
2016 was a milestone year for QuantumSphere, as it was issued a key ammonia patent in March 2016 and executed a 10-year commercialization agreement with Casale also in March 2016. The U.S. Patent and Trademark Office issued a key patent related to its advanced FeNIX nanocatalyst accelerator technology. The patent covers claims around the application of iron nanocatalysts, applied as a coating onto existing commercial ammonia catalysts, for increased catalytic activity and production efficiency in ammonia synthesis. As of today, QuantumSphere has 10 issued patents.
The Company entered into a multi-year Commercialization Partnership Agreement with Swiss-based Casale S.A. (Casale), pursuant to which the parties agreed to the terms of commercialization of the Company’s QSI-Nano iron catalysts for ammonia synthesis. Casale is restricted from entering into any agreement with any third party for any purpose relating to the use of nano-sized particle based catalysts in ammonia synthesis. Further, during the term, Casale has exclusive rights to commercially market, co-brand and sell the FeNIX product into the ammonia market globally, with the exception of China. The Company is now in the initial commercialization phase with its partner Casale in addressing the market opportunity within the $100 billion annual ammonia market. Per its commercialization agreement, Casale is responsible for the sales and marketing efforts of FeNIX to its existing and prospective customers.
QuantumSphere is currently in sales discussions with multiple ammonia plant operators. A particular focus is on India due to their compelling need and the size of the market (India is the #2 world producer of ammonia after China). “QuantumSphere has generated considerable excitement in India this past year, where the increased output and energy savings that its FeNIX product can provide are particularly critical,” says Bill Collins, Executive Vice President of GRMC, QSI’s representative company in India. “QSI was a featured presenter at India’s most prestigious fertilizer conference and has caught the attention of the “who’s who” of the Indian chemical industry.”
The recent stock activity in QuantumSphere, which has witnessed a dramatic decline in price and significant increase in volume, is a result of debt converting to equity. While it caused a major drop in stock price, the debt conversions have improved the company’s balance sheet. The Company may experience further conversions of debt to equity in the near future. Investors are encouraged to carefully review QuantumSphere’s latest 10-Q filing for details. In this regard, the Company is exploring opportunities related to additional financings, licensing of its technology, and a possible sale of assets pursuant to an asset purchase agreement. The Company has had preliminary discussions with multiple parties that have expressed an interest in additional debt financing or acquiring company assets.
About QuantumSphere, Inc. (QSI)
QuantumSphere, Inc. (OTCQB: QSIM), is a developer and manufacturer of advanced catalyst materials used in the production of industrial chemicals. The Company’s lead product, FeNIX™, is a nanocatalyst used in the production of ammonia that integrates with existing commercial catalysts. It improves process efficiencies and production output, with real-world applications documented at up to 15% improvement. These efficiencies reduce energy consumption and deliver greater profits to chemical plant owners and operators. QSI’s value proposition is applicable to hundreds of chemical plants globally, representing billions of dollars in annual output. The company is presently focused on the $100 billion per year ammonia market, (82% of which is used to make fertilizer for food production) and has partnered with Swiss-based Casale, a 95-year-old engineering firm whose technology is utilized in nearly 40% of the world’s production of ammonia. QuantumSphere is also leveraging its intellectual property to develop catalysts for other key chemical markets, such as methanol and light olefins. The Company is based in Santa Ana, California and its common stock is quoted on the OTCQB under the ticker symbol QSIM. For more information, visit www.qsinano.com.
Contact Information
Stephen Hart, Hayden IR
[email protected]
917-658-7878
Safe Harbor Statement
All statements included or incorporated by reference in this News Release, other than statements or characterizations of historical fact, are “forward-looking statements.” Examples of forward-looking statements include, but are not limited to, statements concerning projected sales, costs, expenses and gross margins; our accounting estimates, assumptions and judgments; the prospective demand for our products; the projected growth in our industry; the competitive nature of and anticipated growth in our industry; and our prospective needs for, and the availability of, additional capital. These forward-looking statements are based on our current expectations, estimates, approximations and projections about our industry and business, management’s beliefs, and certain assumptions made by us, all of which are subject to change. Forward-looking statements can often be identified by such words as “anticipates,” “expects,” “intends,” “plans,” “predicts,” “believes,” “seeks,” “estimates,” “may,” “will,” “should,” “would,” “could,” “potential,” “continue,” “ongoing,” similar expressions and variations or negatives of these words. These statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Therefore, our actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors, some of which are set forth in the “Risk Factors” section of our Report on Form 10-K for the year ended June 30, 2016 filed on October 13, 2016 and updated on our Quarterly Report on Form 10-Q for the quarterly period ended December 31, 2016 filed on February 21, 2017, which could cause our financial results, including our net income or loss or growth in net income or loss to differ materially from prior results, which in turn could, among other things, cause the price of our common stock to fluctuate substantially. These forward-looking statements speak only as of the date of this News Release. We undertake no obligation to revise or update publicly any forward-looking statement for any reason, except as otherwise required by law.
Download QSI Press Release Here
Los Angeles, CA – July 19th, 2016 – StockNewsNow.com, The Official MicroCap News Source™, today published an SNNLive Video Interview with Kevin Maloney, President & CEO of QuantumSphere, Inc. (OTCQB: QSIM), a developer and manufacturer of advanced catalyst materials designed to increase process efficiencies and production output in commercial-scale chemical plants, according to the Company’s website (see here: www.QSInano.com). The video interview was recorded on Wednesday, June 8th, 2016 at the LD Micro Invitational in Bel Air, CA.
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QuantumSphere, Inc. – Developer and Manufacturer of Advanced Catalyst Materials Discusses Milestones for 2016-2017; http://stocknewsnow.com/commentary/ANEWSID18072016100002/SNNLive-Video-Interview-QuantumSphere-Inc-(OTCQB-QSIM)
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About QuantumSphere, Inc.
QuantumSphere (QSI) is a developer and manufacturer of advanced catalyst materials designed to increase process efficiencies and production output in commercial-scale chemical plants. Leveraging 13 years of know-how and unique core competencies, QSI’s patented technology increases performance of existing commercial catalysts, is seamlessly integrated, and has the potential to reduce energy costs and deliver greater profits for plant owners and operators. QSI’s compelling value proposition is applicable to hundreds of ammonia and other chemical plants globally, representing billions of dollars in annual output. QSI common stock is quoted on the OTCQB under the ticker symbol QSIM. For more information, please visit www.qsinano.com.
About StockNewsNow.com
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Safe Harbor Statement
All statements included or incorporated by reference in this News Release, other than statements or characterizations of historical fact, are “forward-looking statements.” Examples of forward-looking statements include, but are not limited to, statements concerning projected sales, costs, expenses and gross margins; our accounting estimates, assumptions and judgments; the prospective demand for our products; the projected growth in our industry; the competitive nature of and anticipated growth in our industry; and our prospective needs for, and the availability of, additional capital. These forward-looking statements are based on our current expectations, estimates, approximations and projections about our industry and business, management’s beliefs, and certain assumptions made by us, all of which are subject to change. Forward-looking statements can often be identified by such words as “anticipates,” “expects,” “intends,” “plans,” “predicts,” “believes,” “seeks,” “estimates,” “may,” “will,” “should,” “would,” “could,” “potential,” “continue,” “ongoing,” similar expressions and variations or negatives of these words. These statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Therefore, our actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors, some of which are set forth in the “Risk Factors” section of our Report on Form 10-K for the year ended June 30, 2015 filed on September 28, 2015 and updated on our Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2016 filed on May 19, 2016, which could cause our financial results, including our net income or loss or growth in net income or loss to differ materially from prior results, which in turn could, among other things, cause the price of our common stock to fluctuate substantially. These forward-looking statements speak only as of the date of this News Release. We undertake no obligation to revise or update publicly any forward-looking statement for any reason, except as otherwise required by law.
Download QSI Press Release Here
Targeting Initial Sales & Plant Integration by End of 2016
Currently in Sales Discussions with Multiple Plant Operators
SANTA ANA, CA – (Accesswire) – July 12, 2016 – QuantumSphere, Inc. (OTCQB: QSIM), a developer and manufacturer of advanced catalyst materials designed to increase process efficiencies and production output in commercial-scale chemical plants, today issued the following company update from its Chairman and Chief Executive Officer, Kevin Maloney.
Ladies and Gentlemen,
These past several months have been very exciting and productive for QuantumSphere. We believe we are at a major inflection point as we have commenced the sales phase of our lead nanocatalyst product for the ammonia industry. In coordination with our industry-leading Swiss-based commercialization partner, Casale, S.A., we have targeted the second half of 2016 to secure an initial sale and plant integration, which we anticipate will generate revenue for us in early 2017. To this end, we are currently in sales discussions with multiple plant operators.
After 13 years of research and development, a commercial validation via JH Group in China (a subsidiary of global Fortune 500 company, ChemChina), execution of joint development agreement (JDA) with Casale in May 2015, followed by a key ammonia patent issuance in March 2016 and execution of a 10-year commercialization agreement with Casale in March 2016, we want to update the investment community with our near-term opportunities and longer-term strategic vision. We are thrilled to be transitioning from the research and development phase to the commercialization and a revenue-generating phase.
We have invested nearly $35 million over the past 13 years in the development, validation, and patenting of our various technologies. FeNIX™, our lead high-performance catalyst accelerator technology, has been validated in existing commercial Chinese ammonia plants to significantly improve process efficiency and production output by up to 15%, resulting in lower energy consumption and greater revenue and profits for chemical plant operators.
Our FeNIX product is applied as a coating to existing standard commercial ammonia catalysts and is considered a “drop-in” solution which is critical when introducing and commercializing a new catalyst technology in the conservative chemicals industry. Accordingly, no change to existing ammonia production processes is required and no capital expenditure is required.
As of today, we have 10 issued patents and 1 patent pending. We also have 4 registered trademarks. We have expended a substantive amount of capital and effort in establishing our intellectual property portfolio and we will continue to file additional patents where appropriate.
We have identified the key channels for market penetration with the established market leaders in converter technology and catalyst technology. These are the two technologies required for ammonia production. We have aligned ourselves with a major player, Casale, in the converter technology and refurbishment value chain that will allow us to penetrate and serve the dominant ammonia producers globally. We will select our long-term catalyst technology partner in the next 6-12 months.
By way of background, we have been working with Casale (http://www.casale.ch) for the past 6+ years. These efforts have resulted in a joint development agreement being executed in May 2015 and, more recently, a commercial sales agreement signed in March 2016. The commercialization agreement shortly followed the issuance of our key ammonia synthesis patent – System and Method for Ammonia Synthesis. Casale’s technology is utilized in approximately 40% of the global production volume of the $100 billion ammonia market. Nearly 200 million tons of ammonia are produced annually with more than 82% going to fertilizer products to support global food supply.
On average, Casale refurbishes around 15 plants annually, on a global basis, each of which are shut down for equipment upgrades and typically reloaded with fresh commercial iron catalyst designed to increase plant operating efficiency. Our 10-year renewable commercialization agreement has an approximate up to $75 million annual revenue potential in the ammonia sector thru Casale alone which is represented by up to 15 plants per annum and an anticipated $5 million per plant revenue potential on average.
Our pilot plant in Santa Ana, California is fully operational with 16 production reactors representing Version 8.0 of our manufacturing platform technology. Our current production capacity is over 3,000 kilograms (three metric tons) annually and will serve 2-3 small to mid-size plants per year, depending upon the size of the ammonia plants and their respective catalyst volume requirements. Our FeNIX nano iron accelerator product is applied as a coating onto existing standard commercial iron catalysts, which are used in the ammonia industry on the basis of a 1.5% loading vis-à-vis the weight of the standard commercial iron catalysts. In sum, the current capacity in our pilot scale facility would allow us to coat up to 200 metric tons of standard commercial iron catalysts, on an annual basis.
We are now entering the initial commercialization phase with our partner Casale in addressing our market opportunity within the $100 billion annual ammonia market. Per our commercialization agreement, Casale is responsible for the sales and marketing efforts of FeNIX to its existing and prospective customers, and thus we avoid the expense of having to establish a sales and marketing team. We are working, in parallel with Casale, to educate the global ammonia community about the efficacy of QSI’s FeNIX technology to improve production efficiency and increase profits and to identify lead commercial customers. In addition, pursuant to the terms of our commercialization agreement with Casale, we do not pay Casale any reseller, distribution or other fee to sell our FeNIX product alongside Casale’s well-established ammonia converter technology utilized in approximately 40% of global ammonia production. Casale views FeNIX as a potential competitive advantage in the sale of its technology to new and existing customers.
Our high-performance catalyst accelerator technology offers a compelling value proposition to ammonia plant operators. Based on our 2015 commercial plant validation in China, we anticipate to deliver a 10-15% increase in catalyst activity could result in a significant improvement in process efficiency and production output and greater revenue and profits for ammonia plant operators. Commercially, these results will yield a strong ROI and IRR for ammonia producers with an approximate two-year payback over the typical catalyst life of ~10 years. Utilizing our high-performance FeNIX catalyst accelerator technology allows ammonia plant operators to win in two ways: by significantly reducing the energy costs; and by increasing production output. A 5% increase in production output can translate to millions in revenue annually for a typical sized ammonia plant.
We are currently in sales discussions with multiple plant operators. We have a particular focus on India due to their compelling need and the size of the market (#2 world producer after China). The country is under tremendous pressure to increase food production and simultaneously lessen their carbon footprint. Since 1998, India has added an entire USA-worth of population (300 million people) and in the next thirty years it is projected to add another entire USA again. The agriculture sector has the mandate to increase output by four percent per year but is struggling to achieve even that. This is particularly due to the shrinking of farmland as the country urbanizes. Clearly the country needs more productivity on less land, which translates to the need for more and better fertilizers, which translates to soaring demand for ammonia, which translates to the need for more ammonia per plant and has plants scrambling to find new innovations. This has caused the QSI FeNIX innovation to be very well received in recent high level meetings.
Within India, we are working with the lead fertilizer trade association, FAI, as well as individual companies such as IFFCO and DCM Shriram. IFFCO, the India Farmers Fertilizers Coop, is the largest producer of ammonia in India with five plants in operation and a very large current contract with Casale. We hope to see these discussions bear fruit in the second half of 2016. With so much interest and potential impact in India, FAI has recently awarded QSI one of the five select spots to present its enhanced efficiency ammonia technology at their upcoming fertilizer conference to be held in India late November 2016.
On The Battery Front: A recent report highlighted QSI’s battery technology and related financial results. As noted in our Annual Report on Form 10-K filed in September 2015, QSI previously made a decision to exit the battery components business through either the sale or exclusive license of the battery technology and related intellectual property that was originally developed for and validated by a leading global battery company. This approach allows QSI to maintain focus on producing and supplying its proprietary high surface area nanocatalyst accelerator technology for industrial chemicals applications. Through several market validations and multiple lab tests with various leading battery customers and technology providers, QSI has demonstrated the applicability of its nano manganese catalyst to improving the performance of metal-air battery technology, specifically the high rate gas diffusion air electrode for zinc air and other metal air battery chemistries.
While the date of our initial sale and integration into an ammonia plant is not yet determined, we believe when we break-through, others will follow Casale’s recommendations and adopt QSI’s FeNIX nanocatalyst accelerator technology for more efficient ammonia production. The business model is recurring in nature, given that these plants shut down for refurbishment approximately once every ten years. Thus, we believe our opportunity within the ammonia sector could be worth up to $75 million annually.
Our production capacity is economically scalable, such that an approximate $10 million capital expenditure investment can deliver up to $50+ million in additional annual revenue to QuantumSphere.
As we move towards revenue generation in the ammonia space, we continue to lay the groundwork to address efficiency and production challenges in additional chemical opportunities – pursuant to our 2015 JDA with Casale. We are especially enthusiastic about our longer-term potential within the light olefins and methanol markets.
Light olefins, a ~$300 billion global market, are the “building blocks” of plastics and polymers (as well as several other essential industrial chemicals). External lab tests have shown that QSI’s nanocatalyst technology has the potential to drastically reduce the energy consumption of the olefins manufacturing process – the single most energy-intensive process within the chemical industry.
We believe that QSI technology will have a similar impact in reducing energy consumption and increasing output in the production of methanol utilizing a high surface area nano copper catalyst accelerator. Methanol, a ~$50 billion global market, is a key intermediary in the production of paints, adhesives, and fuels. Casale technology is presently utilized in ~40% of global methanol production. Lab validations are pending.
Collectively, the ammonia (~$100 billion), olefins (~$300 billion) and methanol (~$50 billion) markets represent a ~$450 billion global annual market with several hundred million dollars in total addressable market annually to QSI.
As we transition from a research and development focus to a fundamental revenue-generating company, our financial model takes the shape and characteristics of an intellectual property (IP) company. This is evident in our projected personnel and cost structure, which include nominal sales and marketing expense given Casale will handle the foregoing, and operating contribution margins in the 50% range.
In closing, we believe our current stock price and resulting market cap are materially undervalued given our IP position and the mid and long term opportunities that exist for QSI within the industrial chemicals sector. It will take more time, effort and capital to achieve our goals but I remain optimistic about where our company is headed and I feel honored to lead our outstanding team through an anticipated wave of growth.
On behalf of the entire board and management team, I would like to thank all of our employees, customers and shareholders for their continued support.
Sincerely,
Kevin Maloney
CEO and Chairman of the Board
Download QSI Press Release Here
Presentation Scheduled for Tuesday, June 21
SANTA ANA, CA – (Accesswire) – June 16, 2016 – QuantumSphere, Inc.(OTCQB: QSIM), a developer and manufacturer of advanced catalyst materials designed to increase process efficiencies and production output in commercial-scale chemical plants, today announced that it will be presenting at the National Investment Banking Association (NIBA) 138th Investment Conference on Tuesday, June 21. The conference will be located at the Sheraton New York Times Square Hotel in New York, NY.
Kevin Maloney, CEO of QuantumSphere, and Gregg Hrncir, its Chief Strategy Officer, will be giving the presentation and meeting with investors.
Mr. Maloney stated, “We are excited to participate at NIBA and share our company’s progress, specifically our 10-year commercialization agreement with our Swiss partner Casale, near-term opportunities and strategic vision. We expect to be integrated within a mid-scale ammonia plant by the end of the year, and generating revenue in the first half of 2017. Given our commercial validation via JH Group in China and our close partnership with Casale, we are excited about our prospects in the $100 billion ammonia market over the next few years. We continue to lay the groundwork with additional chemical opportunities in methanol and olefins and are enthusiastic about our longer-term potential in each market.”
About QuantumSphere, Inc.
QuantumSphere (QSI) is a developer and manufacturer of advanced catalyst materials designed to increase process efficiencies and production output in commercial-scale chemical plants. Leveraging 13 years of know-how and unique core competencies, QSI’s patented technology increases performance of existing commercial catalysts, is seamlessly integrated, and has the potential to reduce energy costs and deliver greater profits for plant owners and operators. QSI’s compelling value proposition is applicable to hundreds of ammonia and other chemical plants globally, representing billions of dollars in annual output. QSI common stock is quoted on the OTCQB under the ticker symbol QSIM. For more information, please visit www.qsinano.com.
About National Investment Banking Association (NIBA)
National Investment Banking Association (NIBA) is a national trade association of regional and independent brokerages, investment banking firms, fund managers and related capital market service providers. The mission of NIBA is to add value to its members, their client companies and investors, and the securities industry at large by continuing to be the premier forum for quality micro-cap/small-cap companies seeking access and exposure to the financial community and to enhance the financial environment for small companies. NIBA Conferences are must attend events providing unique opportunities to make valuable industry connections while gaining new perspectives on critical market challenges, issues and trends redefining today’s dynamic and ever-evolving capital formation markets. Each event showcases private and public companies actively seeking access to the financial industry. Companies first present formally to hundreds and then have the opportunity to meet privately and have in-depth discussions with interested parties. NIBA member firms have completed over 1,500 equity offerings totaling approximately $12 billion in new capital for emerging growth companies. The member firms of NIBA represent over 8,800 registered representatives with an estimated $86 billion in assets under management, and are responsible for 90% of all initial public offerings under $20 million. For more information, please visit our website www.nibanet.org. You can also follow NIBA updates on Twitter @NIBAnet.
Contact Information
Hayden IR
[email protected]
917-658-7878
Safe Harbor Statement
All statements included or incorporated by reference in this News Release, other than statements or characterizations of historical fact, are “forward-looking statements.” Examples of forward-looking statements include, but are not limited to, statements concerning projected sales, costs, expenses and gross margins; our accounting estimates, assumptions and judgments; the prospective demand for our products; the projected growth in our industry; the competitive nature of and anticipated growth in our industry; and our prospective needs for, and the availability of, additional capital. These forward-looking statements are based on our current expectations, estimates, approximations and projections about our industry and business, management’s beliefs, and certain assumptions made by us, all of which are subject to change. Forward-looking statements can often be identified by such words as “anticipates,” “expects,” “intends,” “plans,” “predicts,” “believes,” “seeks,” “estimates,” “may,” “will,” “should,” “would,” “could,” “potential,” “continue,” “ongoing,” similar expressions and variations or negatives of these words. These statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Therefore, our actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors, some of which are set forth in the “Risk Factors” section of our Report on Form 10-K for the year ended June 30, 2015 filed on September 28, 2015 and updated on our Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2016 filed on May 19, 2016, which could cause our financial results, including our net income or loss or growth in net income or loss to differ materially from prior results, which in turn could, among other things, cause the price of our common stock to fluctuate substantially. These forward-looking statements speak only as of the date of this News Release. We undertake no obligation to revise or update publicly any forward-looking statement for any reason, except as otherwise required by law.
Download QSI Press Release Here
Presentation Scheduled for Wednesday, June 8 at 5pm PST
SANTA ANA, CA – (Accesswire) – June 1, 2016 – QuantumSphere, Inc. (OTCQB: QSIM), a leading producer of advanced catalyst technologies designed to improve production efficiencies in large-scale industrial chemical processes, today announced that it will be presenting at the 6th annual LD Micro Invitational on Wednesday, June 8 at 5pm PST. Kevin Maloney, CEO of QuantumSphere, and Gregg Hrncir, its Chief Strategy Officer, will be giving the presentation and meeting with investors.
Mr. Maloney stated, “We are excited to participate at LD Micro and share our company’s progress, specifically our 10-year commercialization agreement with our Swiss partner Casale, near-term opportunities and strategic vision. We expect to be integrated within a mid-scale ammonia plant by the end of the year, and generating revenue in the first half of 2017. Given our commercial validation via JH Group in China and our close partnership with Casale, we are excited about our prospects in the $100 billion ammonia market over the next few years. We continue to lay the groundwork with additional chemical opportunities in methanol and olefins and are enthusiastic about our longer-term potential in each market.”
The conference will be held at the Luxe Sunset Bel Air Hotel and will feature 195 companies in the small / micro-cap space.
View QuantumSphere’s profile here: http://www.ldmicro.com/profile/QSIM
About QuantumSphere, Inc.
QuantumSphere (QSI) produces high performance nano scale catalysts designed to improve process efficiencies and output in large-scale chemical production facilities (such as Ammonia Synthesis), with the potential to deliver lower costs and greater profits for chemical producers. QSI’s products leverage patented processes to produce a unique high surface area catalyst accelerator technology which improves existing commercial catalyst performance. QSI’s technology is applicable to hundreds of chemical plants globally, which represent billions of dollars in annual output. QSI common stock is quoted on the OTCQB under the ticker symbol QSIM. For more information, please visit www.qsinano.com.
About LD Micro
LD Micro was founded in 2006 with the sole purpose of being an independent resource in the microcap space. What started out as a newsletter highlighting unique companies has transformed into an event platform hosting several influential conferences annually (Invitational, Summit, and Main Event).
In 2015, LDM launched the first pure microcap index (the LDMi) to exclusively provide intraday information on the entire sector. LD will continue to provide valuable tools for the benefit of everyone in the small and microcap universe.
For those interested in attending, please contact David Scher at [email protected] or visit www.ldmicro.com for more information.
Contact Information
Hayden IR
[email protected]
917-658-7878
Safe Harbor Statement
All statements included or incorporated by reference in this News Release, other than statements or characterizations of historical fact, are “forward-looking statements.” Examples of forward-looking statements include, but are not limited to, statements concerning projected sales, costs, expenses and gross margins; our accounting estimates, assumptions and judgments; the prospective demand for our products; the projected growth in our industry; the competitive nature of and anticipated growth in our industry; and our prospective needs for, and the availability of, additional capital. These forward-looking statements are based on our current expectations, estimates, approximations and projections about our industry and business, management’s beliefs, and certain assumptions made by us, all of which are subject to change. Forward-looking statements can often be identified by such words as “anticipates,” “expects,” “intends,” “plans,” “predicts,” “believes,” “seeks,” “estimates,” “may,” “will,” “should,” “would,” “could,” “potential,” “continue,” “ongoing,” similar expressions and variations or negatives of these words. These statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Therefore, our actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors, some of which are set forth in the “Risk Factors” section of our Report on Form 10-K for the year ended June 30, 2015 filed on September 28, 2015 and updated on our Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2016 filed on May 19, 2016, which could cause our financial results, including our net income or loss or growth in net income or loss to differ materially from prior results, which in turn could, among other things, cause the price of our common stock to fluctuate substantially. These forward-looking statements speak only as of the date of this News Release. We undertake no obligation to revise or update publicly any forward-looking statement for any reason, except as otherwise required by law.
Source: QuantumSphere via LD Micro
Download QSI Press Release Here
QuantumSphere Announces Issuance of U.S. Patent for Next Generation Ammonia Production Technology
Expands intellectual property protection for catalyst technology that improves production efficiencies in the $100B ammonia chemical market
SANTA ANA, Calif. – March 15, 2016 – QuantumSphere, Inc. (OTCQB: QSIM), a leading producer of advanced catalyst technologies designed to improve production efficiencies in large-scale industrial chemical processes, today announced that the United States Patent and Trademark Office (USPTO) has granted a key patent to the Company related to its advanced FeNIX™ nanocatalyst accelerator technology. U.S. Patent Number 9,272,920 covers claims relating to the application of iron nanocatalysts, applied as a coating onto existing commercial ammonia catalysts, for increased catalytic activity and production efficiency in ammonia synthesis.
Kevin Maloney, President and CEO of QuantumSphere, stated, “We are very pleased that the USPTO has issued this patent which further strengthens our market position to improve production efficiencies in large-scale chemical plants. Our growing intellectual property portfolio, now consisting of ten issued patents, protects our proprietary nanocatalyst manufacturing process as well as the commercial end-use application in ammonia synthesis.”
Ammonia is one of the world’s most critical industrial chemicals, accounting for nearly $100 billion in annual production. Over 80 percent of ammonia produced is used in agricultural fertilizers for global food production, indirectly supplying more than 50 percent of all protein consumed by humans. The demand for ammonia is expected to increase as the global population grows.
Matthew Griffith, QuantumSphere’s Vice President of Operations, commented, “One key advantage of the FeNIX nanocatalyst coating is that we are enhancing, not replacing, existing technologies all in the form of a drop-in solution that requires no capital expenditure. By increasing the performance of standard commercial catalyst, we offer a competitive advantage to our partners. This means that we are partnering with – not competing with – key industry players.”
Due to superior physical characteristics, including extremely high surface area, QuantumSphere’s FeNIX iron nanocatalyst accelerator coating significantly increases catalytic activity, leading to improved production efficiencies by reducing energy costs or increasing production output.
The production of ammonia is an energy-intensive process that consumes approximately 5 percent of the world’s natural gas supply. According to industry experts, a 5 percent increase in catalytic activity can translate into millions of dollars in additional profits annually for ammonia plant owners and operators. Commercial validation tests in early 2015 by QuantumSphere and a partner demonstrated a 10 to 15 percent increase in catalytic activity and production output – with no modifications to the ammonia production facilities.
QuantumSphere is collaborating on initial commercialization of FeNIX with 95 year-old Swiss- based industry leader and strategic partner, Casale, S.A. FeNIX commercialization is expected in the second half of 2016. Casale supplies the reactor converter technology responsible for producing nearly 40 percent of the world’s ammonia and methanol.
QuantumSphere previously announced the Notice of Allowance for U.S. Patent Number 9,272,920 on January 27, 2016.
About QuantumSphere, Inc.
QuantumSphere (QSI) produces high performance nano scale catalysts designed to improve process efficiencies and output in large-scale chemical production facilities (such as Ammonia Synthesis), with the potential to deliver lower costs and greater profits for chemical producers. QSI’s products leverage patented processes to produce a unique high surface area catalyst accelerator technology which improves existing commercial catalyst performance. QSI’s technology is applicable to hundreds of chemical plants globally, which represent billions of dollars in annual output. QSI common stock is quoted on the OTCQB under the ticker symbol QSIM. For more information, please visit www.qsinano.com.
Media Contacts
Gregory L. Hrncir, Esq.
QuantumSphere, Inc.
[email protected]
714-545-6266
Safe Harbor Statement
All statements included or incorporated by reference in this News Release, other than statements or characterizations of historical fact, are “forward-looking statements.” Examples of forward-looking statements include, but are not limited to, statements concerning projected sales, costs, expenses and gross margins; our accounting estimates, assumptions and judgments; the prospective demand for our products; the projected growth in our industry; the competitive nature of and anticipated growth in our industry; and our prospective needs for, and the availability of, additional capital. These forward-looking statements are based on our current expectations, estimates, approximations and projections about our industry and business, management’s beliefs, and certain assumptions made by us, all of which are subject to change. Forward-looking statements can often be identified by such words as “anticipates,” “expects,” “intends,” “plans,” “predicts,” “believes,” “seeks,” “estimates,” “may,” “will,” “should,” “would,” “could,” “potential,” “continue,” “ongoing,” similar expressions and variations or negatives of these words. These statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Therefore, our actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors, some of which are set forth in the “Risk Factors” section of our Report on Form 10-K for the year ended June 30, 2015 filed on September 28, 2015 and updated on our Quarterly Report on Form 10-Q for the quarterly period ended December 31, 2015 filed on February 16, 2016, which could cause our financial results, including our net income or loss or growth in net income or loss to differ materially from prior results, which in turn could, among other things, cause the price of our common stock to fluctuate substantially. These forward-looking statements speak only as of the date of this News Release. We undertake no obligation to revise or update publicly any forward-looking statement for any reason, except as otherwise required by law.
Download QSI Press Release Here
QuantumSphere Receives Notice of Allowance for Patent on Next Generation Ammonia Production Technology
Expands intellectual property protection for catalyst technology that improves production efficiencies in the $100B ammonia chemical market
SANTA ANA, Calif. – January 27, 2016 – QuantumSphere, Inc. (OTCQB: QSIM), a leading producer of advanced catalyst technologies designed to improve production efficiencies in large-scale industrial chemical processes, today announced that the Company has received a Notice of Allowance from the U.S. Patent and Trademark Office (USPTO) for a key patent application related to its advanced FeNIX™ nanocatalyst accelerator technology. The patent covers claims around the application of iron nanocatalysts, applied as a coating onto existing commercial ammonia catalysts, for increased catalytic activity and production efficiency in ammonia synthesis.
Kevin Maloney, President and CEO of QuantumSphere, stated, “We are very pleased to receive the Notice of Allowance from the USPTO for this patent application which further strengthens our market position to improve production efficiencies in large-scale chemical plants. Our growing intellectual property portfolio now protects our proprietary nanocatalyst manufacturing process as well as the commercial end-use application in ammonia synthesis.”
Ammonia is one of the world’s most critical industrial chemicals, accounting for nearly $100 billion in annual production. Over 80 percent of ammonia produced is used in agricultural fertilizers for global food production, indirectly supplying more than 50 percent of all protein consumed by humans. The demand for ammonia is expected to increase as the global population grows.
Matthew Griffith, QuantumSphere’s Vice President of Operations, commented, “One key advantage of the FeNIX nanocatalyst coating is that we are enhancing, not replacing, existing technologies. By increasing the performance of standard commercial catalyst, we offer a competitive advantage to our partners. This means that we are partnering with – not competing with – key industry players.”
Due to superior physical characteristics, including extremely high surface area, QuantumSphere’s FeNIX iron nanocatalyst accelerator coating significantly increases catalytic activity, leading to improved production efficiencies by reducing energy costs or increasing production output.
The production of ammonia is an energy-intensive process that consumes approximately 5 percent of the world’s natural gas supply. According to industry experts, a 5 percent increase in catalytic activity can translate into millions of dollars in additional profits annually for ammonia plant owners and operators. Commercial validation tests in early 2015 by QuantumSphere and a partner demonstrated a 10 to 15 percent increase in catalytic activity and production output – with no modifications to the ammonia production facilities.
QuantumSphere is collaborating on initial commercialization of FeNIX with industry leader and strategic partner Casale, S.A. FeNIX commercialization is expected in the second half of 2016.
In May 2015, QuantumSphere signed a Joint Development Agreement with Casale for development and pre-commercialization work related to FeNIX for the ammonia sector, as well as other QSI-Nano catalysts for end-use applications in the ~$50 billion methanol industry and ~$300 billion olefins industry. Casale supplies the converter technology responsible for producing nearly 40 percent of the world’s ammonia and methanol.
About QuantumSphere, Inc.
QuantumSphere (QSI) produces proprietary catalysts designed to improve process efficiencies and output in large scale chemical production facilities (such as Ammonia), with the potential to deliver lower costs and greater profits for chemical producers. QSI’s products leverage a patented process to produce a unique high surface area catalyst accelerator technology which improves existing catalyst performance. QSI’s technology is applicable to hundreds of chemical plants globally, which represent billions of dollars in annual output. QSI common stock is quoted on the OTCQB under the ticker symbol QSIM. For more information, please visit www.qsinano.com.
Media Contacts
Gregory L. Hrncir, Esq.
QuantumSphere, Inc.
[email protected]
714-545-6266
Safe Harbor Statement
All statements included or incorporated by reference in this News Release, other than statements or characterizations of historical fact, are “forward-looking statements.” Examples of forward-looking statements include, but are not limited to, statements concerning projected sales, costs, expenses and gross margins; our accounting estimates, assumptions and judgments; the prospective demand for our products; the projected growth in our industry; the competitive nature of and anticipated growth in our industry; and our prospective needs for, and the availability of, additional capital. These forward-looking statements are based on our current expectations, estimates, approximations and projections about our industry and business, management’s beliefs, and certain assumptions made by us, all of which are subject to change. Forward-looking statements can often be identified by such words as “anticipates,” “expects,” “intends,” “plans,” “predicts,” “believes,” “seeks,” “estimates,” “may,” “will,” “should,” “would,” “could,” “potential,” “continue,” “ongoing,” similar expressions and variations or negatives of these words. These statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Therefore, our actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors, some of which are set forth in the “Risk Factors” section of our Report on Form 10-K for the year ended June 30, 2015 filed on September 28, 2015 and updated on our Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2015 filed on November 16, 2015, which could cause our financial results, including our net income or loss or growth in net income or loss to differ materially from prior results, which in turn could, among other things, cause the price of our common stock to fluctuate substantially. These forward-looking statements speak only as of the date of this News Release. We undertake no obligation to revise or update publicly any forward-looking statement for any reason, except as otherwise required by law.
Download QSI Press Release Here
QuantumSphere Wins 2015 Frost & Sullivan Technology Innovation Award
Award cites large chemical market opportunities for QuantumSphere’s FeNIX nanocatalyst
SANTA ANA, Calif. – November 17, 2015 – QuantumSphere, Inc. (QSI) (OTCQB: QSIM),a leading producer of advanced catalyst technologies for industrial chemical processes, announced today that Frost & Sullivan has presented QuantumSphere with its 2015 North American Nanocatalysts Technology Innovation Award. Frost & Sullivan is a 54-year-old research and consulting company with 1,800 analysts, growth consultants and visionaries operating from over 40 global offices.
The Frost & Sullivan award states that “QuantumSphere’s ability to enhance ammonia production with its FeNIXTM nanocatalyst coating promises commercial growth for the company as ammonia producers adopt this exciting new technology. Frost & Sullivan finds enormous market opportunities for FeNIX across the globe.”
Ammonia is one of the most critical chemicals produced in the world with nearly $100 billion in annual global production, consuming nearly 5 percent of the world’s natural gas. Over 80 percent of ammonia output is used in agricultural fertilizer production, which indirectly supplies over 50 percent of all protein consumed by humans.
Kevin Maloney, President and CEO of QuantumSphere, stated, “We are very pleased to receive this award from Frost & Sullivan which recognizes the significant market potential of our FeNIX catalyst accelerator and its ability to deliver measurable improvements in operating efficiencies to chemical producers. Our commercial validation results to date indicate that FeNIX can increase ammonia production efficiencies by 10 to 15 percent, depending on plant size and configuration, and result in millions of additional profits for a typical medium-sized ammonia plant each year over the life of the catalyst.”
QSI is now collaborating on initial commercialization efforts with industry leader Casale, S.A. (“Casale”). QSI signed a Joint Development Agreement with Casale in May 2015 for product development, marketing, and global sales. Casale supplies the converter technology responsible for producing nearly 40 percent of the world’s ammonia and methanol production.
Learn more about Frost & Sullivan’s 2015 North American Nanocatalysts Technology Innovation Award
About QuantumSphere, Inc. (QSI)
QuantumSphere (QSI) produces a proprietary catalyst designed to improve process efficiencies and output in large scale chemical production facilities (such as Ammonia), creating lower costs and greater profits for chemical producers. QSI’s products leverage a patented process to produce a unique high surface area catalyst accelerator technology which improves existing catalyst performance. QSI’s technology is applicable to hundreds of chemical plants globally, which account for tens of billions of dollars in annual output. QSI common stock is listed for quotation on the OTCQB under the ticker symbol QSIM. For more information, please visit www.qsinano.com.
About Frost and Sullivan
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company’s Growth Partnership Service provides the CEO and the CEO’s Growth Team with disciplined research and best practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost & Sullivan leverages over 50 years of experience in partnering with Global 1000 companies, emerging business and the investment community from offices on six continents. For more information, please visit www.frost.com.
Media Contacts
Wendy Tanaka
Sitrick And Company
[email protected]
415-369-8447
Holly Baird
Sitrick And Company
[email protected]
310-788-2850
Safe Harbor Statement
All statements included or incorporated by reference in this News Release, other than statements or characterizations of historical fact, are “forward-looking statements.” Examples of forward-looking statements include, but are not limited to, statements concerning projected sales, costs, expenses and gross margins; our accounting estimates, assumptions and judgments; the prospective demand for our products; the projected growth in our industry; the competitive nature of and anticipated growth in our industry; and our prospective needs for, and the availability of, additional capital. These forward-looking statements are based on our current expectations, estimates, approximations and projections about our industry and business, management’s beliefs, and certain assumptions made by us, all of which are subject to change. Forward-looking statements can often be identified by such words as “anticipates,” “expects,” “intends,” “plans,” “predicts,” “believes,” “seeks,” “estimates,” “may,” “will,” “should,” “would,” “could,” “potential,” “continue,” “ongoing,” similar expressions and variations or negatives of these words. These statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Therefore, our actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors, some of which are set forth in the “Risk Factors” section of our Report on Form 10-K for the year ended June 30, 2015 filed on September 28, 2015 and updated on our Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2015 filed on November 16, 2015, which could cause our financial results, including our net income or loss or growth in net income or loss to differ materially from prior results, which in turn could, among other things, cause the price of our common stock to fluctuate substantially. These forward-looking statements speak only as of the date of this News Release. We undertake no obligation to revise or update publicly any forward-looking statement for any reason, except as otherwise required by law.
Download QSI Press Release Here
QuantumSphere Completes State-of-the-Art Nanocatalyst Production Facility
Now Positioned to Capitalize on Commercial Validation and JDA with Casale, SA
SANTA ANA, Calif. – July 23, 2015 – QuantumSphere, Inc. (QSI) (OTCQB: QSIM), a leading supplier of nanocatalyst technologies for industrial chemical processes, today announced the completion of its state-of-the-art manufacturing facility for the production of the company’s proprietary FeNIX™ nano iron catalyst product.
FeNIX nanocatalysts were developed to address costly production inefficiencies within the several hundred ammonia plants in operation worldwide. QSI’s high surface area FeNIX nanocatalysts, applied as a coating to existing commercial ammonia catalysts, provide a “turbo-charging” effect to catalytic activity – increasing conversion efficiency and overall production output in the nearly $100 billion USD global ammonia industry. Earlier this year, FeNIX nanocatalysts demonstrated an increase in production rate by 10 to 15 percent in a commercial reactor which could translate to more than $100 million USD in additional revenue for a typical, medium-sized ammonia plant over the life of the catalyst – with no plant modifications or additional capital expenditure.
Matthew Griffith, Vice President of Operations, stated, “We are excited to report that we have successfully scaled and tested all aspects of our multi-step FeNIX manufacturing process, including a patented, automated gas-phase-condensation (GPC) process to tightly control nano-particle size and distribution, and a secondary passivation process allowing the highly active material to be safely handled and transported. In addition, we have completed our proprietary physisorption coating equipment which is used to adhere the FeNIX nanocatalysts onto base commercial pre-reduced ammonia catalysts on-site at an ammonia production facility.”
Kevin Maloney, President and CEO, added, “Our ability to deliver FeNIX and other nanocatalysts in commercial quantities, combined with our industrial-scale validation results and Joint Development Agreement with Casale, strongly positions QSI to become an important value-added technology provider in the large and growing global ammonia market.”
QSI announced in May its multi-year Joint Development Agreement with Swiss-based Casale, S.A. (“Casale”), a global leader in production technologies for ammonia, urea, melamine, methanol, syngas, nitrates and phosphates. Casale’s reactor production technologies are utilized in approximately 38 percent of global ammonia production and 39 percent of global methanol production, which are key target markets for QSI.
Casale and QSI have agreed to collaborate on the development of commercial technologies for ammonia, methanol, and other industrial chemicals which collectively account for several hundred billion USD in annual global production. Casale also agreed to utilize QSI as its exclusive provider of nanocatalysts for its chemical synthesis processes during the term of the agreement due to QSI’s products’ demonstrated increase in catalytic activity and patented high volume manufacturing process.
Ammonia is one of the planet’s most critical chemicals. Nearly $100 billion USD of ammonia is produced annually on a global basis, consuming 1-2 percent of the world’s energy supply. More than 80 percent of ammonia output is used as agricultural fertilizer for global food production, supplying 50 percent of all protein consumed by humans.
About QuantumSphere, Inc. (QSI)
For the thousands of highly inefficient chemical plants in operation producing nearly one trillion USD in basic chemicals annually, QSI develops and manufactures seamlessly integrated nanocatalyst technologies which have the potential to improve process efficiencies and overall production outputs. QSI leverages a patented manufacturing process and commercial development with leading partners to deliver high-performance nanocatalysts for industrial chemicals applications. QSI common stock is listed for quotation on the OTCQB under the ticker symbol QSIM. For more information, please visit www.qsinano.com.
Media Contacts
Wendy Tanaka
Sitrick And Company
[email protected]
415-369-8447
Holly Baird
Sitrick And Company
[email protected]
310-788-2850
Safe Harbor Statement
All statements included or incorporated by reference in this News Release, other than statements or characterizations of historical fact, are “forward-looking statements.” Examples of forward-looking statements include, but are not limited to, statements concerning projected sales, costs, expenses and gross margins; our accounting estimates, assumptions and judgments; the prospective demand for our products; the projected growth in our industry; the competitive nature of and anticipated growth in our industry; and our prospective needs for, and the availability of, additional capital. These forward-looking statements are based on our current expectations, estimates, approximations and projections about our industry and business, management’s beliefs, and certain assumptions made by us, all of which are subject to change. Forward-looking statements can often be identified by such words as “anticipates,” “expects,” “intends,” “plans,” “predicts,” “believes,” “seeks,” “estimates,” “may,” “will,” “should,” “would,” “could,” “potential,” “continue,” “ongoing,” similar expressions and variations or negatives of these words. These statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Therefore, our actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors, some of which are set forth in the “Risk Factors” section of our Transition Report on Form 10-KT filed on September 26, 2014, as updated through our Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2014 filed on November 14, 2014, our Quarterly Report on Form 10-Q for the quarterly period ended December 31, 2014 filed on February 17, 2015, and our Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2015 filed on May 14, 2015 which could cause our financial results, including our net income or loss or growth in net income or loss to differ materially from prior results, which in turn could, among other things, cause the price of our common stock to fluctuate substantially. These forward-looking statements speak only as of the date of this News Release. We undertake no obligation to revise or update publicly any forward-looking statement for any reason, except as otherwise required by law.
Download QSI Press Release Here
QuantumSphere Announces Joint Development Agreement with Casale, S.A.
Companies Plan to Develop and Commercialize
High-Value Industrial Chemical Production Technologies
SANTA ANA, Calif. – May 27, 2015 – QuantumSphere, Inc. (QSI) (OTCBB: QSIM), a leader in nanoscale catalyst technologies providing production efficiencies to multi-billion dollar industrial chemical processes, today announced that it has entered into a multi-year Joint Development Agreement with Swiss-based Casale, S.A. (Casale). Casale is a global leader in production technologies for ammonia, urea, melamine, methanol, syngas, nitrates and phosphates. Casale’s reactor production technologies are utilized in approximately 38 percent of global ammonia production and 39 percent of global methanol production.
Casale and QSI have agreed to collaborate on commercial technologies for ammonia, methanol, and other industrial chemicals, which collectively account for several hundred billion USD of production annually. Casale also agreed to utilize QSI as its exclusive provider of nanocatalysts for its chemical synthesis processes during the term of the agreement due to QSI’s demonstrated increase in catalytic activity and patented high-volume manufacturing process.
The first objective of the Joint Development Agreement is to validate and optimize QSI-Nano catalysts with Casale production reactor technologies. Following a successful validation phase, the second objective is to enter into a long-term agreement with Casale for the joint global distribution and sale of QSI-Nano catalysts with Casale reactor technologies to chemical plant owners and operators.
“Casale is a world-class partner. We look forward to working closely with their team to validate and optimize QSI-Nano catalysts along with Casale’s new process technologies for ammonia, methanol, and other chemicals and then jointly sell these products,” said Kevin Maloney, QSI’s President and CEO. “The Joint Development Agreement with Casale follows the recent commercial validation of our FeNIXTM nano iron catalyst by a leading Chinese industrial chemicals partner, which opens up a large array of opportunities.”
Federico Zardi, COO of Casale, said, “We are extremely pleased to be working with QSI, a proven leader in nanoscale technology. We have entered into this Joint Development Agreement based on the very promising potential market opportunity of QSI-Nano catalysts combined with Casale’s leading process technologies for the benefit of our customers around the world. We look forward to a mutually beneficial and long-term commercial relationship.”
QuantumSphere Public Trading Update
QSI is also pleased to report that effective May 8, 2015 it became eligible for full service at the Depository Trust Company (DTC). QSI common stock is listed for trading on the Over-The-Counter Bulletin Board under the ticker symbol QSIM.
Background
Nearly $100 billion USD worth of ammonia is produced annually, consuming 1-2 percent of the world’s energy supply. More than 80 percent of ammonia output is used as agricultural fertilizer for global food production, supplying 50 percent of all protein consumed by humans.
Methanol is used in the production of paint, adhesives, and fuels and is an important precursor to a variety of industrial chemicals. The global methanol industry is an approximately $50 billion USD annual market.
Nanocatalysts are nanoscale materials (typically under 100 nanometers in size) that have been subjected to nanoscale structural modification in order to enhance their catalytic activity by increasing the active surface area, resulting in unique physical properties with superior performance.
About QuantumSphere, Inc. (QSI)
Founded in 2002, QSI develops, manufactures, and distributes highly engineered catalytic solutions and end-use products for large industrial chemicals applications. QSI’s advanced catalysts have superior properties including their spherical shape, controlled oxide layer, and very large surface area. This can translate into greater efficiency in the generation, storage, and use of energy. QSI is a platform technology and products company, with the products made possible through its patented, automated, and ISO-compliant manufacturing process combined with more than a decade of research with industry leading customers and commercial development partners around the globe. QSI common stock is listed for quotation on the Over-the-Counter Bulletin Board (OTCBB) under the ticker symbol QSIM. For more information, please visit www.qsinano.com.
About Casale, S.A.
Casale is a privately owned Swiss Company, wholly owned by Casale Holding, with headquarters in Lugano (Switzerland). The origins of today’s Casale are deeply rooted in the pioneering age when the ammonia industry was created. Ammonia Casale, the original company, was established in Lugano (Switzerland) in 1921 with the purpose to license the ammonia process newly developed by its founder Luigi Casale. His flair of innovation has been preserved and continuously nurtured over the decades-long history of his Company and still deeply permeates the culture of today’s Casale. Drawing upon its creativity and thanks to significant investment in the development of core technologies and know-how, Casale is a global leader in production technologies for Ammonia, Urea, Melamine, Methanol, Syngas, Nitrates and Phosphates. For more information, please visit www.casale.ch.
Media Contacts
Wendy Tanaka
Sitrick And Company
[email protected]
415-369-8447
Holly Baird
Sitrick And Company
[email protected]
310-788-2850
Safe Harbor Statement
All statements included or incorporated by reference in this News Release, other than statements or characterizations of historical fact, are “forward-looking statements.” Examples of forward-looking statements include, but are not limited to, statements concerning projected sales, costs, expenses and gross margins; our accounting estimates, assumptions and judgments; the prospective demand for our products; the projected growth in our industry; the competitive nature of and anticipated growth in our industry; and our prospective needs for, and the availability of, additional capital. These forward-looking statements are based on our current expectations, estimates, approximations and projections about our industry and business, management’s beliefs, and certain assumptions made by us, all of which are subject to change. Forward-looking statements can often be identified by such words as “anticipates,” “expects,” “intends,” “plans,” “predicts,” “believes,” “seeks,” “estimates,” “may,” “will,” “should,” “would,” “could,” “potential,” “continue,” “ongoing,” similar expressions and variations or negatives of these words. These statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Therefore, our actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors, some of which are set forth in the “Risk Factors” section of our Transition Report on Form 10-KT filed on September 26, 2014, as updated through our Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2014 filed on November 14, 2014, our Quarterly Report on Form 10-Q for the quarterly period ended December 31, 2014 filed on February 17, 2015, and our Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2015 filed on May 14, 2015 which could cause our financial results, including our net income or loss or growth in net income or loss to differ materially from prior results, which in turn could, among other things, cause the price of our common stock to fluctuate substantially. These forward-looking statements speak only as of the date of this News Release. We undertake no obligation to revise or update publicly any forward-looking statement for any reason, except as otherwise required by law.
