11/7/03
Mitch Emmons, 334/844-5964
Aetos Technologies, Inc. was formed this year as an Alabama "C" corporation to commercialize a set of technologies developed by Auburn University professor Dr. Vitally Vodyanoy and his team of researchers in AU's College of Veterinary Medicine. Known collectively as Molecular Recognition Technologies, the first product to be marketed by Aetos Technologies is an ultra high-resolution, dark field optical microscope.
Aetos -- the Greek word for Eagle -- has financial backing from a group of accredited private investors. The company's top management team is comprised of five nationally recognized technology industry executives. Its president and chief executive officer is Charles Ludwig, a chemist and materials engineer, business leader, and former General Electric executive with an extensive background in developing and managing technology companies. Operational guidance is provided by a nine-member board of directors and three advisory committees comprised of Research and Development, Governmental Affairs, and Capital Formation. Aetos Technologies plans to locate its operational base in Auburn.
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The Aetos Technologies Management Team:
Chairman of the Board -- Thomas R. Lawrence President and CEO -- Charles Ludwig Executive Vice President -- Art Doty Vice President of Operations -- Samuel Lawrence Vice President of Administration -- John Lawrence Vice President of Business Development -- To Be Named Chief Financial and Legal Officer -- To Be Named
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The Auburn-Aetos Microscope:
For nearly 10 years, Vodyanoy has used the ultra high-resolution, dark field optical microscope to support his research efforts. Vodyanoy designed and built the patented microscope to his own specifications because no other microscope could meet his research needs for observing fine cellular detail of specimens in real time. The resulting state-of-the-art precision research instrument is uniquely capable of observing living biological or physical specimens in fine detail and in real time. The resolution obtainable with Vodyanoy's microscope is some four-to-five times higher than the resolution possible using the best presently available optical microscopes. Markets for the Auburn-Aetos microscope include the medical fields; university research facilities; government; and commercial markets, such as the pharmaceuticals and materials and chemical industries.
nov03:AU-aetos-facts