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Small Times: News about MEMS, Nanotechnology and Microsystems Page 2 of 4 <br /> patients as they move around from place to place." Making the power supply small enough to fit <br /> • on a label or wristband, Rogers added, removes many of the limitations faced with current <br /> tracking technology. <br /> Cymbet was founded in January 2000 by Mark Jenson, creator of the company's patented <br /> fabrication processes, and Harlan Jacobs, president of Minneapolis-based high-tech incubator <br /> Genesis Business Centers Ltd. In May 2001 it received $4.5 million from two international <br /> venture capital firms, one of which is the Millennium Materials Technologies Fund (MMTF), <br /> whose backers include large international investors such as Bayer AG, The Boeing Co. and <br /> Siemens AG. <br /> "They have several key technologies and patents on how to produce the batteries at low <br /> temperature, so you can put them directly on the wafer or polymer without heating it," said <br /> Oren Gafri, senior partner at MMTF. "That is really unique and on the cutting edge. <br /> "Mark Jenson came to us and asked if we were into batteries that were rechargeable and much <br /> thinner than anything out there now. Of course we jumped on it. We came to the conclusion <br /> that Cymbet has breakthrough technology." <br /> Company file: Cymbet Corp. <br /> (last updated April 28, 2003) <br /> Company <br /> Cymbet Corp. <br /> Headquarters <br /> 18326 Joplin Street NW <br /> Elk River, Minn., 55330-1773 <br /> History <br /> Founders Mark Jensons and Harlan Jacobs created Cymbet in January 2000 based on 12 years <br /> of research at Oak Ridge National Laboratory. It previously functioned under the name <br /> Integrated Power Solutions and was a tenant of the Elk River Business Incubator. <br /> Industry <br /> Power supplies <br /> Employees <br /> 19 <br /> Small tech-related products and services <br /> Cymbet is developing and manufacturing a thin film-based solid state lithium ion rechargeable <br /> battery. The company's manufacturing technology allows batteries to directly bond to substrates <br /> ranging from ceramics to plastics, and function in sizes down to the microscopic level (5 - 25 <br /> microns). These new battery miniaturization techniques will help MEMS engineers balance the <br /> challenges of sufficient power and minimal invasiveness. Selected markets for Cymbet's <br /> technology include: semiconductors, medical devices, MEMS/nano-based components and <br /> II) sensors, security and wireless communications. <br /> Management <br /> http://www.smalltimes.com/print_doc.cfm?doc_id=5911 4/30/2003 <br />