Tera-Barrier Films receives investment from Applied Ventures

Tera-Barrier Films Pte. Ltd., a new spin-off from the Singapore Agency for Science, Technology and Research''s (A*STAR) Institute of Materials Research and Engineering (IMRE), has received strategic investment from Applied Ventures, LLC, the venture capital arm of Applied Materials, Inc. The funds will be used for the development and manufacture of a new proprietary, moisture resistant film that can significantly extend the life span of devices such as organic solar cells and flexible displays. Tera-Barrier Films was founded by two A*STAR IMRE''s researchers, Dr. Mark Auch and Mr. Senthil Ramadas, who will serve as the company''s CEO and CTO, respectively. The ultrahigh barrier film technology was successfully developed at IMRE and the barrier properties were validated by solar and flexible display manufacturers. Tera-Barrier is still closely linked to IMRE as it operates under a laboratory-in-a-research institute scheme, allowing research continuity and the uninterrupted development of the films. The new film protects the easily degraded moisture-sensitive organic materials of plastic devices and targets the burgeoning plastic electronics industry. Applications of the film include the manufacturing of flexible, lightweight and cheap electronics such as disposable or wrap-around displays, identification tags, low cost solar cells and chemical- and pressure-sensitive sensors. www.appliedmaterials.comAir Jordan XX9 29 Shoes