Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > NaturalNano Announces Performance Goals for 2007

Abstract:
Evaluation, Partnership, and Optimization are Keys to Fourth Quarter Product Launch

NaturalNano Announces Performance Goals for 2007

ROCHESTER, NY | Posted on March 22nd, 2007

NaturalNano, Inc. (OTCBB: NNAN) (FWB: N3N) ( http://www.naturalnano.com ), a materials science company, today presented a roadmap to commercialization of its PleximerTM product. Pleximer is a turn-key nanocomposite additive based on halloysite nanotubes (HNTTM) enabling stronger, lighter, and less expensive materials for the $40 billion dollar polymer composite industry.

"Our recent success in demonstrating Pleximer with nylon and polypropylene, at the manufacturing and pilot scale levels, has generated significant market interest in our product." stated Cathy Fleischer, President and CTO of NaturalNano. "We have designed a product evaluation, partnership and optimization roadmap that we believe will result in our first Pleximer product revenues in the fourth quarter of 2007."

The milestones for 2007 include:

* Establish a joint development agreement to bring to market a polymer nanocomposite Pleximer product.
* Complete customer formulation and optimization trials demonstrating the unique attributes and characteristics of Pleximer in a specific application.
* Complete manufacturing scale accreditation of Pleximer product.
* Achieve revenue through sales of Pleximer product.
* Continue validation and testing in support of advanced property enhancements to broaden our customer base within the polymer composite industry.
* Evaluate potential joint development partners for filled or coated HNT applications.
* File additional patents to expand our proprietary position on specialty applications and materials.

NaturalNano recently announced it has received a $3.25 million cash investment which will be utilized in part for the development and commercialization of the Pleximer family of products. "Seeing the first Pleximer product in use in a customer's polymer composite product line will be a big accomplishment," Fleischer stated, "but it will just be the beginning of a complete line of Pleximer products to come."

Traditional layered nanoclays require extra processing and specialized equipment to separate the layers and disperse them throughout a polymer system. NaturalNano's HNTs, utilizing the Company's proprietary, patent-pending formulation and processes, do not require an extra separation step, and can be run on standard equipment, enabling manufacturers to produce nanocomposites without additional capital investment

####

About NaturalNano
NaturalNano, Inc. (OTCBB:NNAN) (FWB:N3N) is a nanomaterials company developing proprietary technologies and processes for providing novel properties for a wide range of applications. These include industrial polymers, plastics and composites; and additives to cosmetics, agricultural, and household products. NaturalNano holds over twenty issued or pending patents and proprietary know-how for extraction and separation processes, of halloysite and other nanotubes, in combination with other materials for a wide range of applications. For more information, please visit http://www.naturalnano.com .

Cautionary Statement Regarding Forward-Looking Statements

This press release may contain forward-looking statements regarding future events and future performance of NaturalNano that involve risks and uncertainties that could materially affect actual results. This information is qualified in its entirety by cautionary statements and risk factors disclosure contained in certain of NaturalNano's filings with the Securities and Exchange Commission. The most recent annual reports on Form 10-KSB and quarterly reports on Form 10-QSB filed by NaturalNano provide information about these factors, which may be revised or supplemented in future reports to the SEC on those forms or on Form 8-K. We caution investors not to place undue reliance on forward-looking statements, and we do not undertake any obligation to update or otherwise revise any forward-looking statements, whether as a result of new information, future events, or other such factors that affect the subject of these statements, except where expressly required by law.

For more information, please click here

Contacts:
Investor Relations:
PR Financial Marketing, LLC
Jim Blackman, 713-256-0369

or
Media:
NaturalNano, Inc.
Ginny Brandreth, 585-214-0599

Copyright © Business Wire

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

Investments/IPO's/Splits

Nanometrics to Participate in the 9th Annual CEO Investor Summit 2017: Accredited investor and publishing research analyst event held concurrently with SEMICON West and Intersolar 2017 in San Francisco June 27th, 2017

180 Degree Capital Corp. Announces the Start of Kevin Rendino as Chairman and Chief Executive Officer and Completion of its Transition to a Registered Closed-End Fund March 31st, 2017

Harris & Harris Group Issues Its Financial Statements as of December 31, 2016, Posts Its Annual Shareholder Letter, And Will Host a Conference Call for Shareholders on Friday, March 17, 2017 March 15th, 2017

Harris & Harris Group Announces the Filing of Preliminary Proxy Materials Detailing Its Proposed Conversion From a BDC to a Registered Closed-End Fund January 24th, 2017

Materials/Metamaterials

Atomic imperfections move quantum communication network closer to reality June 25th, 2017

Rice U. chemists create 3-D printed graphene foam June 22nd, 2017

Alloying materials of different structures offers new tool for controlling properties June 19th, 2017

Smart materials used in ultrasound behave similar to water, Penn chemists report June 16th, 2017

Announcements

X-ray photoelectron spectroscopy under real ambient pressure conditions June 28th, 2017

Nanometrics to Participate in the 9th Annual CEO Investor Summit 2017: Accredited investor and publishing research analyst event held concurrently with SEMICON West and Intersolar 2017 in San Francisco June 27th, 2017

NMRC, University of Nottingham chooses the Quorum Q150 coater for its reliable and reproducible film thickness when coating samples with iridium June 27th, 2017

Picosunís ALD solutions enable novel high-speed memories June 27th, 2017

Alliances/Trade associations/Partnerships/Distributorships

U.S. Air Force Research Lab Taps IBM to Build Brain-Inspired AI Supercomputing System: Equal to 64 million neurons, new neurosynaptic supercomputing system will power complex AI tasks at unprecedented speed and energy efficiency June 23rd, 2017

Cambridge Nanotherm partners with Inabata for global sales and distribution June 20th, 2017

Thought Leaders and Experts Join National Graphene Association Advisory Board June 16th, 2017

Microsoft, Purdue collaborate to advance quantum computing May 30th, 2017

NanoNews-Digest
The latest news from around the world, FREE



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project