JFC TECHNOLOGIES MAKES INVESTMENT IN EIKOS, INC.

Underscoring its commitment to specialty materials development, New Jersey based JFC Technologies today announced its equity investment in Eikos, Inc. of Franklin, Massachusetts.

“This investment provides Eikos with capital needed to advance its research and development aimed at creating specialty materials for military and aerospace applications,” says Jamie Schleck JFC’s President, and CEO. “We have tremendous confidence in the Eikos technology platform and its management team. With this investment, JFC is in an excellent position to help accelerate time-to-market, and to be a manufacturing partner for these materials as they are developed.”

JFC Technologies is a researcher, developer and manufacturer of pharmaceutical ingredients and applied materials. The firm is privately held and has been headquartered in Bound Brook NJ for the past 30 years – the firm has additional manufacturing facilities in Hyderabad India and Ningbo China. Under the terms of the agreement, Jamie Schleck will sit on the Board of Directors of Eikos.

Eikos, a materials science company founded in 1996, has developed a proprietary position in the rapidly emerging field of carbon nanotube dispersions for use as conductive polymers in Electromagnetic Shielding and Transparent Conductive Coatings applications. Eikos also develops and manufactures a family of specialty polymeric materials for applications requiring high temperature performance.

“Eikos’ strategy is to focus on ‘specialty materials’ research and development, aimed at delivering near-term solutions to tough problems in both military and commercial markets,” says Joe Piche, Eikos CEO. “We apply original research, form strategic alliances, and create or license intellectual property to develop products with a differentiated technology advantage. Converting government-funded research into commercial products is the foundation of our success. We are pleased to have the financial support of JFC, and look forward to significant collaboration with them as we move forward with our aggressive commercialization plans.”

For more information, contact Chris Burger, Manager of Business Development, JFC Technologies at burgerc@jfctechnologies.com and (732) 469-7760 x16, or David Arthur, Chief Operating Officer, Eikos, Inc., at darthur@eikos.com and (508) 528-0300.