3rd March 2003
Revolutionary new technology for cosmetic market primed for mass production
Cambridge, UK - March 3, 2003 - Power Paper Ltd, a leading provider of thin and flexible micro-power source technology and devices, announced today that it is collaborating with Cambridge Consultants Ltd, Europe's leading technology consultancy, to optimise volume manufacturing of its PowerCosmetics micro-electronic cosmetic patches. In so doing, the aim is to turn this revolutionary technology into a readily available consumer product suitable for the global beauty market.
Micro-electronic cosmetic patches significantly boost topical delivery of cosmetic formulations, increasing their overall efficacy by several orders of magnitude. Using carefully controlled micro-currents to restore skin elasticity and hydration, this method of skin rejuvenation has long been known and practised by cosmeticians and beauticians in spas worldwide. The cosmetic patch can be used to deliver a wide range of treatments addressing anti-ageing and wrinkles, firming and lifting, moisturising, skin lightening & whitening, and cellulite reduction. The cosmetic patch contains proprietary ultra-thin micro-electronic components and is suitable for home use.
Power Paper currently has agreements with three of the world's leading cosmetics groups, and its first products are expected to reach the shelves in early 2004. Cambridge Consultants is working with Power Paper to identify manufacturing technologies for large-scale commercial production.
"This is an important step in developing our capability to support the growing demand for products enabled by Power Paper technology, specifically PowerCosmetics," said Zohar Sagi, the company's Vice President for PowerNovelties and PowerInks.
"Power Paper's aim is to develop PowerCosmetics patch production lines that are capable of manufacturing tens of millions of patches per year. A number of leading providers world-wide have expressed interest in becoming authorised manufacturers of PowerCosmetic patches, based on the optimisation project," according to Sagi.
David Wood, a CCL director commented,"This project draws upon our track record of helping companies to take cutting edge technologies into volume production, and harnesses our experience in the fields of manufacturing, healthcare, electronics and consumer products."
Notes for editors:
Cambridge Consultants develops breakthrough products, creates and licenses intellectual property, and provides business consultancy in technology critical issues for clients worldwide. For 50 years, the company has been helping its clients turn business opportunities into commercial successes, whether they are launching first-to-market products, entering new markets or expanding existing markets through the introduction of new technologies. With a team of over 300 engineers, designers, scientists and consultants, in offices in Cambridge (UK) and Boston (USA), Cambridge Consultants offers solutions across a diverse range of industries including medical technology, industrial and consumer products, transport, energy, cleantech and wireless communications.
Throughout 2010, Cambridge Consultants celebrates its 50th year in business. Created by three Cambridge graduates in 1960, the company has grown into a leading technology business, renowned worldwide for its ability to solve technical problems and provide innovative, practical solutions to commercial issues. In 2009, the company was awarded the prestigious Queen’s Award for Enterprise in International Trade. For more information visit: www.CambridgeConsultants.com
Cambridge Consultants is part of Altran, the European leader in innovation and high technology consulting. The Group’s 17,500 consultants, operating worldwide, cover the entire range of engineering specialities, including electronics, information technology, quality and organisation. Altran offers its clients ongoing support throughout the innovation cycle, from technology watch, applied basic research and management consulting to industrial systems engineering and information systems. The Group provides services to most industries, including the automotive, aeronautics, space, life sciences and telecommunications sectors. Founded in 1982, Altran operates in 20 priority countries. In 2008, it generated a turnover of €1,650 million. For more information visit: www.altran.com
Power Paper Ltd., founded in 1997, is a leading provider of micro-power source technology, which addresses a growing trend across a wide range of industries towards ultra-thin and flexible micro-powered devices. Power Paper's patented, thin and flexible energy cells can be adapted to fit the size, thickness and form factors required for the design of any product. These environment-friendly, safe batteries require no metal casing, and can be printed cost-effectively directly onto paper, plastics or other surfaces by standard printing equipment. Licensing and know how agreements allow Power Paper's partners and customers in the United States, Europe and Asia to utilize the company's award wining technology to produce millions of cells every year. Based on this technology, the company has developed a number of innovative applications for its PowerCosmetics, PowerNovelties, and PowerID product lines, as well as a line of PowerInks for authorized manufacturers. For more information, please visit www.powerpaper.com
For further information:
Cambridge Consultants
George Griffiths
Press & Communications Manager
Tel: +44 1223 420024
George.Griffiths@CambridgeConsultants.com