EntreMetrix Corporation (OTCBB: ERMX)
EntreMetrix, Inc. plans to use its Business Development Corporation status to aid its eligible portfolio companies with early stage capital, strategic guidance and operation support. EntreMetrix has announced one of their first portfolio companies will be Advanced Nitride Devices, Inc., a raw manufacturer of Gallium Nitride (GaN). Gallium nitride is probably the most important semiconductor material since silicon.
Commenting on the introduction of Advanced Nitride Devices, Scott W. Absher, EntreMetrix’s CEO, stated, “The opportunity to bring these advanced semiconductor materials into a market where demand is very rapidly expanding is exciting for EntreMetrix. Our investment and support efforts will include immediate market entry through a direct industrial sales agenda but will also include acquisitions to allow Advanced Nitride to integrate its materials science into device manufacturing and beyond.”
Gallium Nitride (GaN) is the enabling technology for Blu Ray discs, which are quickly being recognized as the successor to the DVD.
Sony Pictures Home Entertainment and Lionsgate Films began delivering the first wave of Blu Ray titles on June 20th to coincide with the launch of the first commercially available Blu-ray disc player from Samsung Electronics.
“Watching a film in your living room is about to radically change forever and we can’t wait to maximize Blu-ray’s technological capabilities and see for ourselves how far we can take the home movie-watching experience,” said Lionsgate President Steve Beeks in the statement.
EntreMetrix, Inc. (ERMX) and their first portfolio company stands poised to take advantage of the Blue-ray disc wave with Advanced Nitride Devices, Inc., a raw manufacturer of Gallium Nitride (GaN).
Source:
Electronic News (North America); 3/6/2006, Vol. 52 Issue 10, p37-37, 1p
Source:
Entremetrix, Inc.
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