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Applied Nanoscience Inc. (ANI) (Other OTC: APNN), a nanotechnology-based filtration development company, today announced the election of Staffan Lofgren to its Board of Directors. Mr. Lofgren is the Managing Director of ScanAsia Consulting Ltd., a management consulting and trading firm with offices in Hong Kong, Beijing and Shanghai. He brings extensive international business expertise specifically in the markets of primary interest and focus for the joint venture product launch of the disposable NanoFense(TM) Protective Face Mask.
Mr. Lofgren will also be instrumental in the anticipated opening of an Applied Nanoscience subsidiary based in Hong Kong giving ANI additional strategic advantages and opportunities in exploiting their broad NEFT(TM) IP platform in some of the most heavily populated regions of the world.
The company has issued patents in Australia, India, Mexico, New Zealand, Russia, Singapore and Taiwan combining any nanoparticle known or engineered to be capable of destroying viruses, bacteria, fungi or toxins with one or more hydrophobic or hydrophilic filters. The IP coverage spans the following utilization: the filter media can be coated with nanoparticles, or have nanoparticles impregnated into an existing filter to target specific viruses, harmful bacteria and fungi in ambient air. The nanoparticles can be in the form of either a powder or a pellet. When pellets are employed, the hydrophobic or hydrophilic filter is placed adjacent to the nanoparticles. In addition, ANI continues to progress on applications for this broad platform covering 40+ countries which remain active around the globe.
Mr. Lofgren was elected to replace Patrick J. Gorman on the ANI Board who remains in a financial capacity with the company.
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 company could differ significantly from such forward-looking statements.
About Applied Nanoscience Inc.
ANI is a marketer and developer of innovative nanotechnology-based air filtration products specifically targeted to eradicate bacteria, virus and fungi. Their patent pending antimicrobial NanoFense formulation can be applied or "coated" on virtually any existing filter media. The Company is focused on both consumer and industrial market segments geared to reducing the transmission of infectious pathogens.
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