NaturalNano Granted Key Patent for Manufacturing Method for NanoComposite of Halloysite NanoTubes by US Patent Office
(firmenpresse) - ROCHESTER, NY -- (Marketwired) -- 12/03/13 -- NaturalNano, Inc. (OTCBB: NNAN) () announced today that the US Patent & Trademark Office has issued a patent to the Company which covers the use of NNAN's proprietary Halloysite NanoTubes (HNT) in NanoComposite Method of Manufacturing.
NaturalNano's CEO James Wemett commented, "With the issuance of this US Patent, NNAN continues to expand and protect its proprietary uses for HNT, in this case, as a nano-filler. As our patent portfolio continues to grow, our position as a world leader in the industrial applications for Halloysite materials continued to be strengthened. These unique materials are available under either exclusive or non-exclusive licenses."
Wemett continued, "The Clay nanocomposites consumption is projected in 2016 to exceed 1.6 Billion, according to BCC Research, a leading market research company."
NaturalNano, Inc. (OTCBB: NNAN) is a materials science company focused on developing and commercializing advanced nanocomposites. The Company is focused on additive technologies and processes, including its proprietary Pleximer that adds value to industrial polymers, plastics and composites. NaturalNano holds and/or licenses over 10 patents and applications relating to Halloysite, as well as proprietary know-how for its extraction and separation processes, compositions, and derivatives.
Cautionary Statement Regarding Forward-Looking Statements: Contains forward-looking statements regarding future events and future performance that involve risks and uncertainties that could materially affect actual results. This information is qualified in its entirety by cautionary statements and risk factors disclosure contained in certain of NaturalNano's filings with the Securities and Exchange Commission. The most recent annual reports on Form 10-K and quarterly reports on Form 10-Q filed by NaturalNano provide information about these factors, which may be revised or supplemented in future reports to the SEC on those forms or on Form 8-K. We caution investors not to place undue reliance on forward-looking statements, and we do not undertake any obligation to update or otherwise revise any forward-looking statements, whether as a result of new information, future events, or other such factors that affect the subject of these statements, except where expressly required by law.
Contact:
Jim Wemett
NaturalNano, Inc.
585-267-4848
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Datum: 03.12.2013 - 09:04 Uhr
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News-ID 1288919
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