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CONTACT: GEORGE MCCRORY
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Iowa City IA 52242
(319) 384-0012; fax (319) 384-0024
e-mail: george-mccrory@uiowa.edu

Release: Jan. 17, 2002

Applied Fullerene To Locate In UI's Technology Innovation Center

Applied Fullerene, a new company that will develop advanced scientific instrumentation, is the newest tenant of the Technology Innovation Center (TIC), the University of Iowa’s incubator for new business ventures that use advanced technology.

The Board of Regents, State of Iowa approved at its January meeting the company's lease at the TIC. Applied Fullerene will be located in Suite M105 Oakdale Hall on the UI Oakdale Research Campus.

Applied Fullerene will develop scientific, industrial and technological testing equipment based on fullerenes, a new chemical technology where carbon-based atoms form geometric meshes that can be molded into different shapes.

The company plans to make a fullerene microcircuit probe, developing a patent co-held by company principal John Bahns of Dekalb, Ill. This application of nanotechnology, or technology at the sub-molecular level, has potential in the microchip industry. Fullerenes have unique electronic properties ranging from superconductor to semiconductors.

Tom Bahns of DeWitt is president and general manager of sales and marketing of Applied Fullerene. He has operated a scientific instrument repair and refurbishing company since 1988, after working as an electronics and lab technician at the UI.

John Bahns is a senior research scientist at Northern Illinois University and will work on development of the microcircuit probe with George Frohwein of Iowa City. Frohwein was a senior engineer in the medical device industry and has extensive experience in instrumentation design in the aerospace industry.

With the addition of Applied Fullerene, the TIC will have 12 tenant companies. Some 20 TIC "graduate" firms have expanded their business after leaving the incubator. More than 60 technology companies have been accepted as TIC tenants since the incubator was established in 1984.

To contact Applied Fullerene, call (319) 530-5377. For additional information about the TIC incubator, contact Tom Bauer, associate director, at (319) 335-4067.