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Shrink Nanotechnologies, Inc. ("Shrink") (INKN 0.85, -0.15, -15.00%), an innovative nanotechnology company developing products and licensing opportunities in the solar energy production, medical diagnostics and sensors and biotechnology research and development tools businesses, announced today that the Company was featured in the online edition of Scientific American, the leading consumer science magazine, in an article dated March 24, 2010 titled, "Thinking Outside of the Toy Box: 4 Children's Gizmos That Inspired Scientific Breakthroughs."
To read the article in its entirety, visit www.scientificamerican.com/article.cfm?id=toy-box-tech.
Shrink Nanotechnologies' scientific founder, Michelle Khine, was highlighted as one of four "brilliant minds" who created a new paradigm in science. An excerpt from the article stated, "As a child Khine spent countless hours creating designs on Shrinky Dink plastic and watching them shrink in the oven. Years later she returned to her favorite toy out of necessity when, after joining a brand-new university, she lacked much-needed facilities for making microfluidics chips."
"Khine developed a technique to make microfluidics chips directly from Shrinky Dink plastic. Now Shrink Nanotechnologies creates products such as stem cell research devices and solar cells using a polymer that shrinks 95 percent and does so more consistently than the toy (60 percent shrinkage) that served as its inspiration," stated the article.
Mark L. Baum, Shrink's CEO, added, "We are pleased that a media source as reputable as Scientific American published on our technologies. We are equally as pleased that soon, we expect to begin to roll out products based on Michelle's ideas, branded as NanoShrink, to a market that we believe is hungry for this flexible new fabrication platform."
Scientific American, the oldest continuously published magazine in the U.S., has been bringing its readers unique insights about developments in science and technology for more than 160 years. Scientific American publishes 15 editions read in over 30 countries with a worldwide audience of more than 5.3 million people. For more information, visit www.scientificamerican.com.
Statements contained herein that are not historical facts may be forward-looking statements within the meaning of the Securities Act of 1933, as amended. Forward-looking statements include statements regarding the intent, belief or current expectations of the Company and its management. Such statements are estimates only, as the Company has not completed the preparation of its financial statements for those periods, nor has its auditor completed a review or audit of those results. Actual revenue may differ materially from those anticipated in this press release. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to Shrink's ability to obtain additional financing and to build and develop markets for Shrink's technologies and products. Shrink undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in Shrink's expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact Shrink's success are more fully disclosed in Shrink's most recent public filings with the U.S. Securities and Exchange Commission.
About Shrink Nanotechnologies
Shrink is a first of its kind FIGA(TM) organization. FIGA companies bring together diverse contributions from leaders in the worlds of finance, industry, government and academia. Shrink's solutions, including its diverse polymer substrates, nano-devices and biotech research tools, among others, are designed to be ultra-functional and mechanically superior in the solar energy, environmental detection, stem cell and biotechnology markets. The Company's products are based on a pre-stressed plastic called NanoShrink(TM), and on a patent-pending manufacturing process called the ShrinkChip Manufacturing Solution(TM). Shrink's unique materials and manufacturing solution represents a new paradigm in the rapid design, low-cost fabrication and manufacture of nano-scale devices for numerous significant markets.
For information on Shrink Nanotechnologies, Inc. or to download the most up-to-date shareholder kit, please visit www.shrinknano.com.
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