ADVISORY, July 25, 2012 (GLOBE NEWSWIRE) --
The 2012 University of Texas Global Venture Labs Investment Competition will visit the NASDAQ MarketSite in Times Square to celebrate this year's winning company, NuMat Technologies. NuMat is a cleantech university spin-out that computationally design and synthesizes high performing nanomaterials for gas storage and separations applications.
In honor of the occasion, Rob Adams, Venture Labs Director and Tabrez Ebrahim [Co-Founder] and Christopher Wilmer [Co-Founder], NuMat Technologies will ring the Closing Bell.
NASDAQ MarketSite – 4 Times Square – 43rd & Broadway – Broadcast Studio
Thursday, July 26, 2012 – 3:45 p.m. to 4:00 p.m. ET
Contact (Venture Labs):
Fiber Line (Encompass Waterfront): 4463
Gal 3C/06C 95.05 degrees West
18 mhz Lower
DL 3811 Vertical
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About University of Texas Venture Labs Investment Competition Winner:
The Global Venture Labs Investment Competition dubbed "the Super Bowl of world investment competitions" (formerly Moot Corp) is the premier world-wide investment competition for graduate students hosted annually at The University of Texas at Austin. Started by MBA students in 1984, the Competition (vlic.utexas.edu) which simulates the process of raising venture capital is the oldest new venture competition in the world.
The 2012 winner of the competition, NuMat Technologies from Northwestern University, has developed a new class of nanomaterials whose performance breaks world records, has valuable technology assets, and a strong IP portfolio. There is real commercial interest in its technology and potential customers are seeking samples of its nanomaterials today. The market potential for natural gas vehicles, to say nothing of the many other application segments, is large—up to $20-$40 B annually. Furthermore, NuMat has the right team, with the right capabilities, and a commitment to success that is readily apparent in the fast pace of its accomplishments. With existing markets in the billion dollar scale and new markets for its nanaomaterials on the horizon, it is an exciting time to invest in NuMat Technologies.
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