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IMI > SEC Filings for IMI > Form 8-K on 20-Aug-2013All Recent SEC Filings

Show all filings for INTERMOLECULAR INC

Form 8-K for INTERMOLECULAR INC


20-Aug-2013

Regulation FD Disclosure


ITEM 7.01. REGULATION FD DISCLOSURE
On August 20, 2013, the Ulyanovsk Center for Technology Transfer of the Russian Federation ("UCTT") issued a press release announcing that Intermolecular, Inc., UCTT, International Innovative Nanotechnology Center of the Russian Federation and the Center of Nanotechnologies and Nanomaterials of the Republic of Mordovia of the Russian Federation have signed a non-binding term sheet to establish a platform that accelerates the application of thin film coatings of various materials for industry. The term sheet provides for the establishment of a project company which will use the platform to promote the research and development of intellectual property, commercialization of new technologies, and formation of new companies that will develop coatings for glass, photovoltaic devices, electronics, and displays. The project company will receive remuneration from its customers in the form of R&D service fees and licensing royalty payments which will be shared between Intermolecular and project company commensurate with each party's contribution to the development of business and intellectual property. The transaction is subject to the negotiation and finalization of deal terms and documents. There is no assurance that the transaction will be consummated.

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