Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > Applied Nanoscience Announces Test Results, NanoMask Progress and Merger Update

Abstract:
Applied Nanoscience Inc. (ANI) (PINKSHEETS: APNN) today announced that it has received highly successful results in a recent expansion phase of testing against its proprietary silver NanoFense™ Technology. Treated filter samples, which had been subjected to a process which simulated aging for one year, were challenged with new virus and bacteria in an effort to demonstrate the broadened capabilities of the company's Nanoparticle - Enhanced - Filtration - Technology platform (NEFT). When the coated filter samples were exposed to the Influenza A virus, a 4.25 log reduction was achieved; equivalent to eradication of more than 99.99% of the virus.

Applied Nanoscience Announces Test Results, NanoMask Progress and Merger Update

CARLSBAD, CA | Posted on April 16th, 2008

Bacterial challenge results included a 3.38 average log reduction ( > 99.9%) against Haemophilus Influenzae (H-flu) and a 3.10 average log reduction ( > 99.9%) against Staphylococcus aureus. Filter media treated with the proprietary formulation which underwent the accelerated one year aging process has now proven successful against five different and dangerous pathogens.

"Armed with these results, we will immediately begin discussions with potential license partners in a number of major consumer markets, apart from the environmental mask market," said Thomas K. Allen, President and CEO, ANI.

Separately, Applied Nanoscience reports that its potential merger partner, Emergency Filtration Products, Inc. (EFP) has informed ANI that it is making substantial progress towards filing a new 510(k) premarket notification for its NanoMask with the Food and Drug Administration (FDA). ANI intends to supply their proprietary nanoparticle formulation to EFP which use it to coat the NanoMask filter.

According to EFP, it has begun discussions with a number of international distributors and potential customers to whom it could export product from Mexico in advance of receiving clearance from the FDA to sell and manufacture the NanoMask domestically. Although it will take time and capital to re-establish manufacturing operations in Mexico, EFP reports that it could begin manufacturing the NanoMask in Mexico and begin selling the NanoMask to international customers without endangering its 510 (k) premarket notification to the FDA.

On the merger front, ANI and EFP continue to work towards entering a definitive merger agreement along the terms previously announced. The two companies do not expect to enter a definitive agreement until EFP successfully updates all of its filings with the Securities and Exchange Commission (SEC). Updating EFP's SEC filings, completion of due diligence and preparing the documents and filings necessary to consummate the merger will require significant financial commitments from both companies.

####

About Applied Nanoscience Inc.
Applied Nanoscience Inc. is a marketer and developer of innovative, high-performance filtration products, systems and technologies to customers worldwide in a focused effort to provide a safer tomorrow.

Safe Harbor Statement

This release may contain statements that are forward looking. Such statements are made based upon current expectations that are subject to risk and uncertainty. ANI does not undertake to update forward-looking statements in this news release to reflect actual results of and changes in assumptions or changes in other factors affecting such forward-looking information. The actual future plans and results of the companies could differ significantly from such forward-looking statements.

For more information, please click here

Contacts:
Philippe Niemetz
PAN Consultants Ltd.
800-477-7570
or
212-344-6464

Investor Relations

Copyright © Marketwire

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

News and information

The relationship between charge density waves and superconductivity? It's complicated July 19th, 2018

Sirrus's Issued Patent Portfolio Continues To Accelerate July 18th, 2018

FEFU scientists reported on toxicity of carbon and silicon nanotubes and carbon nanofibers: Nanoparticles with a wide range of applying, including medicine, damage cells of microalgae Heterosigma akashivo badly. July 18th, 2018

In borophene, boundaries are no barrier: Rice U., Northwestern researchers make and test atom-thick boron's unique domains July 17th, 2018

Announcements

The relationship between charge density waves and superconductivity? It's complicated July 19th, 2018

Sirrus's Issued Patent Portfolio Continues To Accelerate July 18th, 2018

FEFU scientists reported on toxicity of carbon and silicon nanotubes and carbon nanofibers: Nanoparticles with a wide range of applying, including medicine, damage cells of microalgae Heterosigma akashivo badly. July 18th, 2018

In borophene, boundaries are no barrier: Rice U., Northwestern researchers make and test atom-thick boron's unique domains July 17th, 2018

Patents/IP/Tech Transfer/Licensing

Sirrus's Issued Patent Portfolio Continues To Accelerate July 18th, 2018

Changing the grocery game: Manufacturing process provides low-cost, sustainable option for food packaging June 26th, 2018

Tunable diamond string may hold key to quantum memory: A process similar to guitar tuning improves storage time of quantum memory May 24th, 2018

Self-assembling 3D battery would charge in seconds May 22nd, 2018

Acquisitions/Mergers/Splits

Bruker Announces Acquisition of Nanoindenting Leader Hysitron: Acquisition strengthens Bruker’s leading position in nanoanalysis and nanomechanical materials characterization January 24th, 2017

GLOBALFOUNDRIES Completes Acquisition of IBM Microelectronics Business: Transaction adds differentiating technologies, world-class technologists, and intellectual property July 1st, 2015

Entest BioMedical, Inc. in Discussions to Acquire Nanotechnology Delivery System for Cancer Therapy June 3rd, 2015

Evident Thermoelectrics Acquires GMZ Energy: Investment Accelerates Launch Of Evident's Thermoelectric Modules For Waste Heat May 20th, 2015

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



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project