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Tantaline Wins Top Presenter Award at 2011 New England Venture Summit
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WALTHAM, Mass.--(BUSINESS WIRE)--Tantaline??(www.tantaline.com), the world???s leading producer of tantalum surface alloys for hot acid environments, announced it was a first place winner as Top Presenter in the Clean Tech track at this year's New England Venture Summit, held December 13-14 at the Hilton Boston-Dedham. The event featured more than 40 of the nation's top tier VCs and investors, as well as presentations from 79 top innovators in Tech, Life Sciences, and Clean Tech.

“We???re honored to receive the award as top presenter in Clean Tech among a distinguished list of top innovators in New England”

???We???re honored to receive the award as top presenter in Clean Tech among a distinguished list of top innovators in New England,??? said Dean Gambale, president of Tantaline and the recipient of the award on November 14. ???The award recognizes Tantaline???s innovative, game-changing technology that solves a huge market need and also enables other technologies to advance and progress within clean tech. Our technology provides engineers and manufacturers with a new way to eliminate one of the biggest and oldest challenges facing the success, efficiency, safety, and durability of modern applications today: corrosion.???

Launched in 2008, Tantaline addresses a critical market need by providing engineers with the most corrosion resistant material commercially available, positioning itself as an enabling technology for many Clean Tech applications, including advanced batteries, fuel cells, hydrogen production, and bio-mass. Tantaline???s technology involves heating and reacting pure tantalum metal to produce a gaseous atmosphere of tantalum and create an alloy bond on the part???s surface (and into the core substrate), becoming a true surface alloy. The completed product maintains the original OEM part???s size and shape but has the same chemical properties and corrosion resistance as pure tantalum metal. The result is the most corrosion resistant product commercially available, offering significantly higher corrosion performance compared to HASTELLOY?? B, C, and D alloy grades, titanium, and zirconium. Tantaline???s products are used primarily in the following industries: chemical processing, next generation energy, oil and gas, pharmaceuticals, and mining. This latest award follows Tantaline???s recent announcement in August that it has closed a round of Series B funding totaling $3.6 million. Led by Berwind Private Equity (US), Vaekstfonden (DK), and CC Holdings (DK), the funding will be used to further expand the Company???s markets and technical capabilities in the United States and Europe.

The New England Venture Summit (presented by YoungStartup Ventures) is the premier destination for cutting-edge startup companies and top members of the investment community. The summit serves as a way for emerging companies and investors to find deals, fund the future and network with hundreds of potential partners over just a couple days.

About Tantaline

Tantaline is the world`s leading producer of surface alloys for hot acid environments. Through its innovative tantalum surface alloy technology, Tantaline delivers the most corrosion resistant material that is commercially available today. With superior corrosion performance and affordability compared to nickel alloys, titanium, and zirconium metals, Tantaline helps businesses, ranging from global manufacturers to laboratories, reduce costs, increase productivity, and improve safety. A private corporation, Tantaline`s industry expertise includes chemical processing, mining, oil and gas, energy, and pharmaceuticals. To learn more, please visit http://www.tantaline.com or call (888) 268-2586.





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