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NanoMech names Wince-Smith to board

By ArkansasOnline

This article was published October 31, 2012 at 1:23 p.m.

Springdale-based NanoMech Corp. announced Wednesday that it has appointed Deborah Wince-Smith to the company’s board of directors.

NanoMech, founded in 2002, uses nanotechnology to develop products used in manufacturing, lubrication and energy, and strategic military applications.

Wince-Smith is president and chief executive officer of the Council on Competitiveness, a Washington-based nongovernmental organization aimed at increasing the United States’ economic competitiveness, according to its website.

She also serves as a director on the boards of several publicly and privately held companies, including NASDAQ OMX Group Inc., and serves on a number of U.S. government advisory committees.

“Ms. Wince-Smith and her team at the Council on Competitiveness work daily to find innovative solutions to some of the world’s most complex problems. NanoMech is doing the same thing every day and we could not be happier to have a like-minded problem solver on our board,” said NanoMech President and CEO Jim Phillips said in a statement.

Wince-Smith previously served as assistant secretary of commerce for technology policy in the administration of President George H.W. Bush, and developed President Ronald Reagan’s Competitiveness Initiative in 1988.

“I am honored to join the NanoMech board of directors. The work they are doing has the potential to revolutionize the global economy in ways some have only dreamed,” Wince-Smith said in the statement.

NanoMech has a manufacturing facility in Springdale and also operates from the University of Arkansas-affiliated Research and Technology Park in Fayetteville.

The company announced earlier this month a partnership with KDH Defense Systems Inc. on an advanced coating that makes hard military-style body armors more durable.

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