From Empirerelations.com

IT & Computers

Ambios Technology, Inc. Grows to Meet Expanding Nanotechnology Market
By MARKET WIRE
Apr 11, 2008 - 5:36:01 AM

SANTA CRUZ, CA -- (MARKET WIRE) -- 04/11/08 -- Ambios Technology, Inc. announced today thatit has entered into a multi-year agreement doubling the size of its SantaCruz headquarters. The additional space will be used to substantiallyincrease manufacturing, engineering and research facilities. AmbiosTechnology makes surface measurement and visualization instruments,including atomic force microscopes, stylus-type profilometers, and scanningwhite light interferometers. These instruments are the "eyes" of thehigh-resolution research and nanotechnology industry.

According to Cientifica Ltd., aUK-based nanotech market research firm, the nanotech marketplace excludingsemiconductors and microelectronics is expected to grow 36%, annuallythrough 2012. Growth in this market is further substantiated by the U.S.Department of Labor's strategic plan for fiscal years 2006-2011 whichstated, "...growth in emerging fields such as nanotechnology -- willaccelerate in the coming decades."

"Our steady twenty plus percent growth per year is largely attributable toour access to the emerging nanotechnology market," according to PatrickO'Hara, President and CEO of Ambios Technology. "Increased spending ingovernment, academic and industrial research in nanotechnology has lead toincreased revenue for Ambios Technology. As a result, we needed to expandour facilities to meet the needs of our customers in this and othermarkets."

Ambios Technology Established in 1996, Ambios Technology, Inc. is aprivately held company focused on surface measurement and visualization atthe nanoscale and is headquartered in California.

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