Historical Archive
This press release was originally distributed via the eWire press wire service (2002–2016). It is preserved here as a historical record.
Nuclear Solutions Contracts With World-Renowned Technology Innovator To Perform R&D;
ARCHIVED 2003–2016 — Originally distributed via eWire press wire service
HOME | ABOUT US | CONTACT US | SUBSCRIBE/UNSUBSCRIBE | THE ARCHIVE Search Circuits Alternative Energy Alternative Health Conservation & Wildlife Corporate Responsibility Eco-Tourism Events Food & Agriculture Government Legal & Regulatory Natural Resources Science & Technology Transportation Benefits Products & Services Distribution List Syndication Partners Global Clients Testimonials FAQs ************************************************************************** E-WIRE PRESS RELEASE E-WIRE PRESS RELEASE E-WIRE PRESS RELEASE ************************************************************************** FOR IMMEDIATE RELEASE Nuclear Solutions Contracts With World-Renowned Technology Innovator To Perform R&D; DISTRICT OF COLUMBIA, WASHINGTON, Jul. 24 -/E-Wire/-- Nuclear Solutions, Inc., (OTCBB: NSOL) has signed a consulting contract with Boris Muchnik to develop product technologies and an intellectual property portfolio to support the corporate business strategy identified by Nuclear Solutions and its CEO, Patrick Herda. "Boris Muchnik is a world-class scientist whose accomplishments and credentials in science and technology are the ideal combination to advance Nuclear Solutions' corporate goals," said Herda. "Boris' proven track record in commercializing advanced technologies will strengthen our company's efforts to facilitate growth, profitability and return on investment." Through the consulting contract, Muchnik will be responsible for developing, refining, demonstrating, and securing intellectual property rights for Nuclear Solutions' proprietary technologies. Muchnik will work with other key members of the Nuclear Solutions' team to execute the corporate strategy in nuclear waste remediation, nuclear energy, homeland security, nanotechnology and defense applications. The company is engaging in research, development and potential commercialization for the following projects: 1. Marketing of a proprietary hardware developed by Muchnik for laser nano-machining, 2. Gamma Laser development for nuclear waste remediation and defense applications, 3. Nuclear materials tracking and telemetry for homeland security applications, and 4. Tritiated water remediation technology. Muchnik holds over two dozen U.S. and international patents, which are the intellectual property basis for products used worldwide. He brings high-technology commercialization expertise to Nuclear Solutions: o His entrepreneurial career started in 1984 with a start-up company, Kerdix, Inc. As the founder, technology inventor and CEO of KerDix, Muchnik conceived, patented and commercialized the recordable/eraseable CD technology, which is utilized today in multiple audio and data storage/retrieval applications such as the Sony mini-disc and computer data devices. KerDix licensed its manufacturing technology in 1989 to Hoechst AG of Germany, a multi-billion dollar chemical company, and Konica of Japan. Muchnik spent three years in Wiesbaden, Germany, constructing the world's first manufacturing plant with the capacity of 1 million recordable/eraseable CDs per year. o Muchnik has held executive technical leadership positions with Fortune 500 companies, developing and manufacturing high-performance laser data storage systems. o He has invented core technologies for other successful entrepreneurial companies, including MemArray, Inc., which developed VCSEL laser array technology for high-performance CD applications; MOST Corp.; CaliPer, Inc.; and Dazar Corp. o Muchnik performed graduate research at Kurchatov's Institute of Atomic Energy, Russia's leading nuclear weapons lab. He participated in pioneering research for the Laser Isotope Isolation Project. o Muchnik received his degree of engineer-physicist, specializing in nuclear physics, from Moscow Institute of Physics and Technology, Russia's most prestigious technology school. He received the equivalent of a doctorate in nuclear chemistry from the Institute of Physical Chemistry, Laboratory of Chemistry of Transuraniu