Legacy Technology Holdings, Inc. (OTCBB:LTHO) is a Colorado corporation engaged in the business of developing market-driven strategic solutions for governmental and non-governmental business segments through commercializing innovative technological advances. Under its Agreement with Dr. Kotov of NICO Technologies,�LTHO intends to commercialize Plasteel� Technology, which was selected by Wired Magazine as one of the �Top ten scientific breakthroughs of 2007.� Wired magazine article: http://www.wired.com/science/discoveries/news/2007/12/ YE_10_breakthroughs (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field.�Remove the extra space if one exists.) (Dr. Kotov�s a board member of LTHO and inventor of Plasteel�; background is available at the LTHO web site: http://www.legacytechholding.com/Bios01.htm.) On a per-weight basis, the nano-composite has specific stiffness and strength values that exceed those of steel and many lightweight metal alloys. Wired Magazine isn�t the only one who thinks Plasteel� Technology is ground-breaking: Dr. Lee of the Air Force Office of Scientific Research stated: �His (Dr. Kotov's) research has met the critical challenge of nanocomposite fabrication with exceptional mechanical properties due to highly effective load transfer between nanosheets, nanotubes and the polymers. These exceptional mechanical and structural properties make the LBL composites an important target for transition into the product line for military application. �I am more than happy to endorse Dr. Kotov�s efforts to scale up the manufacturing facilities and encourage further investments from different government and private entities in this technology.� ScD, Prof B.L. Lee PM for Mechanics of Materials & Devices Air Force Office of Scientific Research LTHO plans to work with the Michigan Small Business Technology Development Center (MSBTDC) to commercialize this leading technology. The MSBTDC provides support and incentives for manufacturing in Michigan. Certain statements in news releases and on this website may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications which may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above.
Legacy Technology (CE) (USOTC:LTHO)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Legacy Technology (CE) Charts.
Legacy Technology (CE) (USOTC:LTHO)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Legacy Technology (CE) Charts.