Nanotechnology Now - Press Release: Applied Nanoscience Announces Termination of Merger Agreement

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Abstract:
Applied Nanoscience Inc. (ANI) (PINKSHEETS: APNN), a nanotechnology-based filtration development company, announced that its board of directors has elected to terminate the definitive merger agreement with Emergency Filtration Products, Inc.. Formal notice was received by EFP on February 26, 2009.

Applied Nanoscience Announces Termination of Merger Agreement

CARLSBAD, CA | Posted on February 28th, 2009

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About Applied Nanoscience Inc.
ANI is a marketer and developer of innovative, high performance nanotechnology-based filtration products to customers worldwide and is the owner of NEFT™ (Nanoparticle -- Enhanced -- Filtration -- Technology), a broad platform with significant application potential in consumer market segments.

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.

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