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NanoMech And Cameron Announce Breakthrough In Lubrication Science

Stocks in this article: CAM

nGlide has been accelerated life tested in commercial valve applications demonstrating that the patent pending architectures provide defense against energy intensive mechanical friction and resultant wear.

This breakthrough nGlide technology platform can be expanded through blending into many lubrication products as a drop-in concentrate solution for hundreds of applications for the crucial oil and gas sector economy.

John Bartos, VP Development and Technology of Cameron, stated that, "Cameron has always strived to provide leading edge innovations to our marketplace and customers that contribute to our goal of delivering the best, most reliable and durable flow related equipment for the global oil and gas industry. It has been a pleasure to work with NanoMech on such an important breakthrough innovation that can provide Cameron increased competitive performance on our industry leading valves and flow products."

James Phillips, Chairman and CEO of NanoMech Inc., stated, “We appreciate the support of Governor Beebe and the Arkansas Economic Development Commission in providing us continued assistance to advance the nGlide technology platform to commercial status and full scale production in various products such as TriboTuff, resulting in a tremendous technology advance as well as creating more knowledge jobs at our Springdale manufacturing plant and laboratories. The partnership with Cameron has helped fast-forward our nGlide innovation into the largest industry in the world."

The agreement will result in 10 to 20 new knowledge jobs initially in NanoMech’s Springdale facility, with additional jobs possible in the near future.

Dr. Ajay Malshe added, "The nGlide technology platform provides unmatched lubrication solutions and is customizable for thousands of applications. nGlide's proprietary and multiple patent-pending technology also addresses the global need to save energy, increasing machine and vehicle performance by enhancing durability, operability, and the life of components. nGlide is architectured to provide immediate lubrication advantages."

Governor Mike Beebe said, "Cameron and NanoMech’s partnership is a testimony to the State’s outstanding scientific research and commercialization breakthroughs leading to vital knowledge job creation and American innovation and global competitiveness. This is the kind of end result we look for when we invest in research. We hope that this partnership between Cameron and NanoMech will be an example of many more to come as breakthroughs continue in nanotechnology.”

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