Mr. Paul Woodward reports
AETHER CATALYST SOLUTIONS, INC. ENTERS INTO NDA WITH GLOBAL TIER-1
AUTO COMPONENTS COMPANY.
Aether Catalyst Solutions Inc. has entered into a non-disclosure agreement (NDA) with an Asian-based global Tier 1 automotive components company.
The company, with dozens of facilities in Asia and Europe, designs, manufactures and supplies
components to OEMs (original equipment manufacturers) worldwide.
Taylor Procyk, chief operating officer of Aether, comments: "The company's expertise in this area was
apparent from the start. Aether's team is excited for this particular application as it appears to offer fewer
technical barriers to entry than others we are pursuing. We're thrilled to be working with another top-notch company to bring our technology to market."
Paul Woodward, president and chief executive officer of Aether, states, "While in the early stages, this NDA with an Asian
multinational represents another huge opportunity for Aether; we now have two automotive programs
going, both with large organizations that have the motivation and means to rapidly move our technology
towards commercialization should we be successful."
About Aether Catalyst Solutions Inc.
Aether Catalyst Solutions is focused on providing an order of magnitude cost reduction in automotive catalytic converter catalyst, while meeting, or exceeding, government emission standards. Aether is working to quickly advance its technology through rapid screening of new materials directed at enhancing end-of-life conversion levels after accelerated aging. While Aether's primary focus has been automotive applications, the company is also developing catalysts to address small-motors emissions, a significant contributor to urban air pollution.
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