Dr.Alec Reader Joins Peratech As Vice President of Business Development and Partnerships
News Release
Dr.Alec Reader joins Peratech as Vice President of Business Development and Partnerships
RICHMOND, North Yorks, England – 1September2015. Peratech Holdco Ltd., a Yorkshire-based firm leading the field in next-generationtouch-technologies,announces the appointment of Dr. Alec Reader as Vice President of Business Development and Partnerships. Reader joins Peratech from the UK’s Knowledge Transfer Network Ltd. where until recently he was the director and leader of its nanotechnology activities for more than seven years.
Peratech CEO, Jon Stark, commented, “Alec has over thirty years’ experience in the micro and nano-electronics industries with an extensive partner network that we need to both collaborate and accelerate the commercialisation of Peratech’s Quantum Tunneling Composite-based solutions. His decision to join Peratech is a clear validation ofour technology, business model, and growth strategy.”
Dr. Readershared, “I wanted to return to the challenge and excitement of industry after working for a government-sponsored body for a number of years. My work with NanoKTN brought me into contact with all the leading British nanotechnology companies and Peratech stood out as being one of the most exciting enterprises with an amazing technology and a customer-oriented business model.”
Having successfully transformed five academic start-ups into mainstream companies including Innos, Dr. Reader has held senior R&D and business leadership positions at ST-Microelectronics, Philips Research, Philips Semiconductors and Philips Analytical.
Dr. Reader concluded, “I get a real buzz from putting together joint development programmes between companies so that they can collaboratively create novel, winning solutions. Peratech’s pressure sensing QTC technology can be the basis for many new innovative products and I am looking forward to making them into a reality.”
About Peratech Holdco Ltd
Peratech Holdco Ltd. is a privately held company with 20 employees based in Richmond, North Yorkshire. It is currently working with a number of key technology clients who are implementing QTC sensing technology within their own products. The company is an excellent example of British innovation bringing in global revenue. QTC technology is protected by numerous worldwide patents and has a wide range of applications. From robotics to automotive and from touch screens to consumer electrical products, the product has been integrated into over a million products with companies around the world. Peratech’s multi-award winning, Quantum Tunnelling Composite nanotechnology received the Queen's Award for Enterprise in Innovation in November 2012.
For further information, please contact
Peratech, Old Repeater Station, Brompton-on-Swale, North Yorkshire, DL10 7JH United Kingdom. Tel: +44 (0) 1748813670 Fax: +44 (0) 1748813679 Email:
Nigel Robson, Vortex PR, Island House, Forest Road, Forest, Guernsey, GY8 0AB United Kingdom. Tel: +44 (0) 1481 233080 Email:
Quantum Tunnelling Composite and QTC are registered trademarks of Peratech Holdco Ltd. Clear QTC and Opaque QTC are trademarks of Peratech Holdco Ltd. All other trademarks are the property of their respective owners.