Nanotechnology Now - Press Release: NANOIDENT Founders Win Prestigious Ernst & Young Austrian Entrepreneur of the Year Award® 2007

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From left to right: Franz Padinger, CTO Klaus G. Schroeter, CEO of NANOIDENT
Image: © Ernst & Young Austria

Abstract:
Klaus G. Schroeter and Franz Padinger Recognized for Innovation and Leadership

NANOIDENT Founders Win Prestigious Ernst & Young Austrian Entrepreneur of the Year Award® 2007

Linz, Austria | Posted on October 15th, 2007

NANOIDENT Technologies AG, the technology leader in the development and production of printed semiconductor-based optoelectronic sensors, today announced that the company's founders were selected Ernst & Young's Austrian Entrepreneur of the Year® 2007. CEO Klaus G. Schroeter and CTO Franz Padinger were awarded for their entrepreneurial vision, their readiness to assume risk, their innovative and disruptive technology, and the exemplary implementation of their entrepreneurial vision. They were selected to join winners from 50 countries in Monte Carlo, representing Austria to compete for the title World Entrepreneur of the Year® 2008.

"We are pleased to be recognized for our entrepreneurial vision and for the successful implementation of groundbreaking innovations in the field of printed semiconductors, and are honored to represent Austria at the international competition for "World Entrepreneur of the Year® 2008" in Monte Carlo," said Klaus G. Schroeter, CEO of NANOIDENT. "This award is truly the result of a group effort; the dedication and expertise of our world-class team has allowed us to take a leadership role in the emerging printed semiconductor industry, which is creating exciting technological possibilities for a healthier and safer world."

The two men came together in 2003, with the idea to develop a biometric smart card that could recognize its owner through an integrated fingerprint sensor. Printed semiconductor technology could make this possible, and so in 2004 they founded NANOIDENT Technologies AG in Linz. Mr. Schroeter's background in biometric technology, along with over 20 years CEO/CTO-level experience in VC-backed high-tech companies, is complemented by Mr. Padinger's technical knowledge of printed semiconductors and photovoltaics.

Because of the many technological and economic advantages of printed semiconductor technology, the vision grew beyond a single application. The company now has two market-focused subsidiaries in printed optoelectronic sensors, both of which have become leaders in their respective markets: BIOIDENT Technologies Inc. in California developing mobile test solutions for the medical, environmental, and chemical/biological threat detection markets, and NANOIDENT Biometrics GmbH working on multimodal biometric solutions for mobile devices, smart cards and network security. In early 2007 NANOIDENT opened the world's first factory for printed optoelectronic sensors, putting the company at least 2 - 3 years ahead of any possible competition. With facilities in Austria, California, France, and Germany, and a growing number of partnerships with globally recognized organizations in the biotech and IT industries, NANOIDENT is already the technology leader in printed semiconductor-based sensors. With further groundbreaking innovations, the NANOIDENT Group is on its way to expand its global leadership role in the field of printed semiconductor technology.
"Personal and social engagement, the willingness to take risks, innovation, business sense, future orientation and, above all, entrepreneurial vision and the ability to make it a reality, are what makes an outstanding entrepreneur," said Helmut Maukner, Country Managing Partner from Ernst & Young Austria. "In more than 50 countries Ernst & Young searches for entrepreneurs who best embody these characteristics. Franz Padinger and Klaus Schroeter from NANOIDENT Technologies are such people, and in the name of Ernst & Young Austria I would like to congratulate you."

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About NANOIDENT Technologies AG
NANOIDENT is the world leader in the development and manufacture of printed semiconductor-based optoelectronic sensors. The company’s core technology merges the latest breakthroughs in materials science and nanotechnology with modern printing techniques to create a new class of semiconductor devices. The revolutionary SEMICONDUCTOR 2.0™ Platform is the basis of the world’s first commercial printed photonic sensors, enabling a whole new generation of applications in the industrial, biometric and life science markets.

NANOIDENT’s high-speed, environmentally friendly manufacturing process utilizes liquid nanomaterials and additive production techniques. These liquids are used to print electronic circuits on a wide variety of surfaces, producing products in mere hours for prototype as well as high volume applications. The company’s printed semiconductor devices can be bendable, disposable, light, ultrathin and large area. They have application specific spectral and electronic properties, and can contain light sources and light detectors as well as electronic circuits. These unique characteristics enable cost effective, custom designed devices for applications such as industrial, chemical, biological, biometric and X-ray sensors, and smart packaging.

Privately held, the company is headquartered in Linz, Austria, with subsidiaries in Menlo Park, California; Nuremberg, Germany; and Grenoble, France.

About the Ernst & Young Entrepreneur of the Year Award®

The Ernst & Young Entrepreneur of the Year® is a global honor, recognizing exceptional entrepreneurial achievement, and is held in over 50 countries with uniform criteria. Created by the accounting and tax advisory firm Ernst & Young, this award highlights and encourages the capabilities of entrepreneurs and their impact on the economy. The award was first conferred in 1986 as a regional award in Wisconsin; over the years this recognition of outstanding business leaders has grown into a global competition in 50 countries. A winner from each country is inducted into the World Entrepreneur of the Year® Academy in Monte Carlo, Monaco, and is counted among the best companies in the world. From this field, each year the World Entrepreneur of the Year® is selected.

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Contacts:
Ulrike Kaiser
Executive Assistant
NANOIDENT Technologies AG
Untere Donaulaende 21-25
A-4020 Linz
Firmenbuchnummer FN245032t, Landesgericht Linz
Tel. +43 732 9024 0017
Fax +43 732 9044 5

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