Advanced Membrane Systems (AMS) specializes in the development and commercialization of improved microporous membranes (separators) for advanced battery systems. AMS felt that alkaline and lithium battery companies were desperate for new membranes to improve battery performance and lower manufacturing cost, but there appeared to be limited effort, particularly in the US battery separator industry, to develop truly new, performance-enhancing membranes. Consequently, AMS spent its initial years conducting basic research for new membrane technologies, writing patents, generating membrane samples, evaluating lab and battery test results with customers, defining critical customer requirements, and installing and optimizing certain lab and pilot scale process equipment. privately held. Today, AMS stands poised to launch an array of new membranes for certain alkaline and lithium battery and fuel cell applications, while the industry seems to be producing more and more commodity separators. There is no other company that has developed so many innovative separators in such a short period of time. In fact, AMS products likely represent the first significant improvement in separators in more than 30 years.The AMS business model is to utilize different process technologies to develop and commercialize proprietary membranes through itself and other well-positioned companies. AMS expects to form strategic partnerships to commercialize certain membranes in select applications and regions around the world, as the Company's core competence remains the research, development and qualification of membranes.
