Press Release
October 25 2007
Five Star Technologies Inc. Secures US$2.0 Million Financing From MMV Financial Inc.
Cleveland, Ohio. October 25, 2007 - Five Star Technologies, Inc. (“Five Star”), a leading developer of advanced
electronics materials, announces the completion of a US$2MM venture loan from Toronto-based MMV Financial Inc. Five
Star is a supplier of high-performance inks and dispersions for use in electronics packaging and assembly operations.
Five Star dispersions of conductive, sub-micron and nanoscale particles offer unparalleled stability and uniformity
that helps customers significantly improve electrical and thermal performance.
"These funds will be used by Five Star to continue development and commercialization of advanced materials, such
as specialty dispersions and high performance inks. Our customers will see immediate returns as they integrate these
new materials into their production lines” said Gerry Weimann, Chief Executive Officer of Five Star. “MMV quickly saw
the value of our innovative technology and we are pleased to have them as a financial partner.”
“We are very impressed with both the unique technology Five Star has developed and the numerous commercial applications
underway” said Greg Dimmer, Senior Vice President, MMV Financial Inc. “Five Star represents an opportunity for us to
invest in a well managed, well supported advanced materials company with significant commercial opportunity.”
Five Star Technologies Inc. is a privately held company based in Cleveland, Ohio, with investment from Morgenthaler
Ventures, Industrial Technology Ventures, Early Stage Partners, CTTV Investments and Reservoir Venture Partners.
About Five Star Technologies
Five Star Technologies is a supplier of high-performance powders and dispersions
for use in semiconductor and microelectronic packaging, display and ceramic
component applications. Using its patented Particle Management Technology,
Five Star creates precision dispersions of a wide range of materials (metals,
oxides, nitrides, carbon fibers, etc.) in various organic media. Our products
exhibit unparalleled rheological stability and exceptional particle size
control, enabling our customers to produce materials with next-generation
performance profiles. The ElectroSperse™ line of inks and pastes features a
range of products with excellent printability, high levels of conductivity,
strong adhesion to a variety of substrates, and RoHS compliance.
About MMV Financial Inc.
MMV Financial is a Toronto-based specialty finance company providing creative
debt solutions to technology and life sciences companies across North America.
MMV is backed by top U.S. and Canadian private equity firms and financial
institutions including CCP Equity Partners, Caisse de dépôt et placement du
Quebec, NewStar Financial Inc, and Wells Fargo Company. For more information
visit: www.mmvf.com.
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