Nanotechnology Now - Press Release: Nanomaterial EHS Companies Merge to Create Global Provider

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Abstract:

nanoTox Inc. and AssuredNano Limited announce today that they have concluded an agreement which will lead to a merger of the two companies creating a global Environmental, Health & Safety (EHS) Standard for engineered nanomaterials. The integration of these two well established brands will provide global coverage for all issues relating to the occupational hygiene and toxicology of nanomaterials and nano-enabled products.

Nanomaterial EHS Companies Merge to Create Global Provider

Austin, TX | Posted on July 7th, 2011

The combined operation will stimulate enhanced trade in nano-enabled products and enable multi-national companies to operate to the same comprehensive EHS scheme worldwide.

Dr. Keith Robson, CEO of AssuredNano®, commented: "AssuredNano® is the only nano-material EHS Accreditation Programme which covers all facets of a business' operations and is annually audited for compliance and continuous improvement. It has been developed by industry professionals and the world renowned Institute of Occupational Medicine to provide assurance to all stakeholders that industry is committed to responsible care throughout the lifecycle of nano-enabled products."

Mr Harry Bushong, President of nanoTox® stated: "nanoTox® is currently the world's premier provider of nanomaterial toxicology expertise. Going forward, the services offering of the combined businesses will comprehensively address, for the first time, all issues relating to the toxicology and EHS of engineered nanomaterials within a single organisation with truly global outreach."

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About nanoTox Inc.
Located in Austin, Texas, nanoTox®, a Texas corporation, and wholly owned subsidiary of Nano Risk Assessment, Inc., a Nevada corporation, is the first company to provide complete risk assessment – and solutions – exclusively for nanoparticles. nanoTox® determines the toxicity of its clients’ nanoproducts and offers strategies for managing, reducing or eliminating risk to meet state and federal safety guidelines and shorten time to market. Because nanoTox® uses methodologies that are performed under recognized international data quality standards (GLP, ISO, etc.) in its laboratories, the results and associated assessments are suitable for use to support regulatory decisions, product registrations, litigation and for acceptance by the insurance industry. For more information, visit www.nanotox.com.

nanoTox® ensures complete client confidentiality for all of its clients, which include companies or entities that require government approval to market their nanoproducts, venture capital firms that invest in nanoproduct companies, and law firms engaged by, along with insurance companies providing liability coverage to, such companies.

AssuredNano® is a comprehensive EHS Accreditation Scheme specifically designed for organizations working with nanomaterials, nano-enabled products and nanotechnology. The programme covers the full product life cycle with relevance from fundamental research through to manufacturing or recycling operations. By demonstrating a commitment to identifying and disseminating current ‘good practice’ the AssuredNano® programme ensures relevance to all organizations. The use of a modular approach together with appropriate procedural and auditing techniques allows continuing conformance.

AssuredNano Limited is registered in England (No. 6407366). Its registered office is at The Centre for Process Innovation, Wilton Centre, Wilton, Redcar TS10 4RF. AssuredNano is a member of the CPI Group of companies.

About The Centre for Process Innovation:

The Centre for Process Innovation (CPI) was established as a UK-wide resource to stimulate and drive innovation within the Process Industry. Working with global industrial partners and leading research universities, CPI is committed to delivering world-class, groundbreaking applied research and development.

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Contacts:
Editorial Contacts:

Europe

Dr Keith Robson, CEO, AssuredNano Limited
DD: +44 1740 625 755
M: +44 7823 553 675
E:

North America

Mr William J. Stahl, Chief Financial Officer, nanoTox Inc.
DD: +1 877 804 2828
M: +1 512 415 5800
E: