CLEVELAND, Nov. 7 /PRNewswire/ -- JumpStart Inc., Northeast Ohio's venture development organization has announced an investment commitment of $350,000 in Aria Analytics, Inc. Aria is a Cleveland-based company commercializing a unique tool that measures the physical and chemical attributes of liquids based on unique profiles created by acoustically probing the sample during evaporation.
(Logo: http://www.newscom.com/cgi-bin/prnh/20060209/CLJUMPSTARTLOGO )
Use of this technology spans across the industrial paints and coatings, food and beverage, and healthcare markets, as these unique "signatures" can be used in quality control testing, manufacturing process testing, product formulation development, as well as research and development. For example, Aria's device has the potential to be used for detecting counterfeit pharmaceuticals, which reportedly costs the industry $32 billion per year.
JumpStart's investment will be used for the commercial development of Aria's technology. Specifically, the funding will allow the company to continue industrial application development, further product design work and perform additional research and development.
This novel analytical process was developed in Russia at the Institute
for Applied Physics, Nizhny Novgorod and brought to the United States for
commercialization by 5i Tech. Aria was founded in partnership with the
Russian inventors and the Institute. The technology will improve the
efficiency and cost effectiveness of analytical testing. Aria's proprietary
technology consists of a replaceable quartz crystal sensor, supporting
electronic circuitry, a sample dispensing module, and proprietary software.
As a drop of liquid evaporates on the vibrating quartz crystal sensor, it
undergoes distinctive phase changes representing the chemical and physical
characteristics of the drop. Specific benefits of this type
'/>"/>
| SOURCE JumpStart Inc. Copyright©2007 PR Newswire. All rights reserved |