Nanotechnology Now

Our NanoNews Digest Sponsors
Heifer International



Home > Press > NaturalNano Announces Performance Goals for 2007

Abstract:
Evaluation, Partnership, and Optimization are Keys to Fourth Quarter Product Launch

NaturalNano Announces Performance Goals for 2007

ROCHESTER, NY | Posted on March 22nd, 2007

NaturalNano, Inc. (OTCBB: NNAN) (FWB: N3N) ( http://www.naturalnano.com ), a materials science company, today presented a roadmap to commercialization of its PleximerTM product. Pleximer is a turn-key nanocomposite additive based on halloysite nanotubes (HNTTM) enabling stronger, lighter, and less expensive materials for the $40 billion dollar polymer composite industry.

"Our recent success in demonstrating Pleximer with nylon and polypropylene, at the manufacturing and pilot scale levels, has generated significant market interest in our product." stated Cathy Fleischer, President and CTO of NaturalNano. "We have designed a product evaluation, partnership and optimization roadmap that we believe will result in our first Pleximer product revenues in the fourth quarter of 2007."

The milestones for 2007 include:

* Establish a joint development agreement to bring to market a polymer nanocomposite Pleximer product.
* Complete customer formulation and optimization trials demonstrating the unique attributes and characteristics of Pleximer in a specific application.
* Complete manufacturing scale accreditation of Pleximer product.
* Achieve revenue through sales of Pleximer product.
* Continue validation and testing in support of advanced property enhancements to broaden our customer base within the polymer composite industry.
* Evaluate potential joint development partners for filled or coated HNT applications.
* File additional patents to expand our proprietary position on specialty applications and materials.

NaturalNano recently announced it has received a $3.25 million cash investment which will be utilized in part for the development and commercialization of the Pleximer family of products. "Seeing the first Pleximer product in use in a customer's polymer composite product line will be a big accomplishment," Fleischer stated, "but it will just be the beginning of a complete line of Pleximer products to come."

Traditional layered nanoclays require extra processing and specialized equipment to separate the layers and disperse them throughout a polymer system. NaturalNano's HNTs, utilizing the Company's proprietary, patent-pending formulation and processes, do not require an extra separation step, and can be run on standard equipment, enabling manufacturers to produce nanocomposites without additional capital investment

####

About NaturalNano
NaturalNano, Inc. (OTCBB:NNAN) (FWB:N3N) is a nanomaterials company developing proprietary technologies and processes for providing novel properties for a wide range of applications. These include industrial polymers, plastics and composites; and additives to cosmetics, agricultural, and household products. NaturalNano holds over twenty issued or pending patents and proprietary know-how for extraction and separation processes, of halloysite and other nanotubes, in combination with other materials for a wide range of applications. For more information, please visit http://www.naturalnano.com .

Cautionary Statement Regarding Forward-Looking Statements

This press release may contain forward-looking statements regarding future events and future performance of NaturalNano 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-KSB and quarterly reports on Form 10-QSB 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.

For more information, please click here

Contacts:
Investor Relations:
PR Financial Marketing, LLC
Jim Blackman, 713-256-0369

or
Media:
NaturalNano, Inc.
Ginny Brandreth, 585-214-0599

Copyright © Business Wire

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

Investments/IPO's/Splits

Daikin Industries becomes OCSiAl shareholder July 27th, 2021

180 Degree Capital Corp. Reports +14.2% Growth in Q1 2021, $10.60 Net Asset Value Per Share as of March 31, 2021, and Developments From Q2 2021 May 11th, 2021

INBRAIN Neuroelectronics raises over €14M to develop smart graphene-based neural implants for personalised therapies in brain disorders March 26th, 2021

180 Degree Capital Corp. Issues Second Open Letter to the Board and Shareholders of Enzo Biochem, Inc. March 26th, 2021

Materials/Metamaterials/Magnetoresistance

New material to make next generation of electronics faster and more efficient With the increase of new technology and artificial intelligence, the demand for efficient and powerful semiconductors continues to grow November 8th, 2024

How surface roughness influences the adhesion of soft materials: Research team discovers universal mechanism that leads to adhesion hysteresis in soft materials March 8th, 2024

Nanoscale CL thermometry with lanthanide-doped heavy-metal oxide in TEM March 8th, 2024

Focused ion beam technology: A single tool for a wide range of applications January 12th, 2024

Announcements

Nanotechnology: Flexible biosensors with modular design November 8th, 2024

Exosomes: A potential biomarker and therapeutic target in diabetic cardiomyopathy November 8th, 2024

Turning up the signal November 8th, 2024

Nanofibrous metal oxide semiconductor for sensory face November 8th, 2024

Alliances/Trade associations/Partnerships/Distributorships

Manchester graphene spin-out signs $1billion game-changing deal to help tackle global sustainability challenges: Landmark deal for the commercialisation of graphene April 14th, 2023

Chicago Quantum Exchange welcomes six new partners highlighting quantum technology solutions, from Chicago and beyond September 23rd, 2022

CEA & Partners Present ‘Powerful Step Towards Industrialization’ Of Linear Si Quantum Dot Arrays Using FDSOI Material at VLSI Symposium: Invited paper reports 3-step characterization chain and resulting methodologies and metrics that accelerate learning, provide data on device pe June 17th, 2022

University of Illinois Chicago joins Brookhaven Lab's Quantum Center June 10th, 2022

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project