Nanotechnology IPO Investment Opportunity

Doug Bailey (Doug.Bailey@ey.com)
Fri, 28 Aug 1998 17:20:35 -0400

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Disclaimer: The following post includes information offered in my capacity as an individual and subscriber to the Extropian Mailing List. It should not be construed that this posting represents an offer of, or recommendation in favor of the equity securities of NDTC.

Concomitantly, neither Ernst & Young, LLP nor myself will be held liable for losses incurred by individuals who, as a result of reading this post, along with other factors, choose to invest in NDTC as part of its IPO or any point thereafter.

Sorry for the quasi-legalese but I'm uncertain whether E&Y has NDTC as a client and you can't be too careful. :)

NanoTechnology Development Corporation Announces Internet Stock Offering

08/28/98
PR Newswire
(Copyright (c) 1998, PR Newswire)

First-ever Nanotechnology Venture Offers Investment Opportunity in Cutting-Edge Startups Developing Molecular Assemblers and Assembler Dependent Products

NEW YORK, Aug. 28 /PRNewswire/ -- NanoTechnology Development Corporation (NTDC) today announced its first public stock offering in New York State. NTDC is the world's first public venture uniquely focused on developing molecular machine technology.

To the company's knowledge, this represents the first opportunity for investors to purchase stock directly in a nanotechnology company across the World Wide Web. The corporate website with information on NTDC is http://DevelopNanotechnology.com/#overview.

NTDC funds scientists and startup companies engaged in developing Molecular Nanotechnology (MNT) as defined by Dr. K. Eric Drexler of the Foresight Institute, Palo Alto, CA. Feasible design approaches for nanotechnology include "Bottom Up" (building directly with atoms) and "Top Down" (component miniaturization) approaches.

Applications for nanotechnology include the development of nanoscopic supercomputers with atomic dimension components, atomically assembled diamondoid super composites, programmable self-replicating machinery and products only possible with nanotechnology offering unique benefits for biotechnology, medicine and a wide range of other industries.

The stated goal of NTDC is to develop a "Molecular Assembler" -- a microscopic device capable of self-replication and programmable atomic precision chemistry for use in molecular manufacturing, starting with NTDC's "Top Down" approach, "Fractal Shape Shifting Robots" theoretically capable of scaling down to the molecular realm. Near term first generation Robot applications include programmed heavy construction, without traditional labor.