Posted January 11, 2016

 

PORTSMOUTH, N.H. – Coolcore LLC, a provider of thermoregulation fabrics, announced it has acquired all assets and intellectual property from Tempnology, which filed for bankruptcy on September 1.

 

"Today is an exciting day and new beginning for our industry-leading material innovation company," said Mark Stebbins, the lead investor in Coolcore LLC. "We're thrilled to provide financial support that will propel Coolcore into its next phase of growth."

 

Coolcore recently won the award for "Best Innovation – Sports and Outdoor Apparel" for its patented line of cooling fabrics from the ITMA Future Materials Awards. In addition to the award for "Best Innovation," Coolcore was named a finalist in the "Groundbreaking Partnership" category for its collaboration marketing launch programs.

 

Coolcore fabric formulations have also earned the prestigious "Innovative Technology" recognition from the Hohenstein Institute, a first for a U.S. company, and the only company globally to be awarded this recognition for "Cooling Power." The award-winning fabrics are supported by two current patents and several other pending ones.

 

"Mark and his investment group have provided crucial support for our growing company as we have established ourselves as a leader in the marketplace," said Kevin McCarthy, president and CEO of Coolcore. “The future at Coolcore is very bright with our recent awards and patents and continuous development in the fast-growing thermoregulation apparel category."

 

Coolcore has several partnerships with global consumer brands such as Brooks, Cabelas, Disney and LL Bean, to develop and commercialize thermoregulation performance fabrics. Additionally, Coolcore distributes to several global distribution partners that sell finished goods under the Coolcore and Dr. Cool brand names.

 

Source: Coolcore LLC