Message #19 From:
NewsBot Date: September 13, 2005 08:30:00 PM
ALMI News NaturalNano to Present at ValueRich Small-Cap Financial Expo; President Michael Riedlinger to Discuss Company's New R&D Program and Industrial Market Opportunities for Naturally Occurring Nanotubes
ROCHESTER, N.Y.--(BUSINESS WIRE)--Sept. 14, 2005--NaturalNano Inc., a company whose primary business is discovering, refining, and marketing naturally occurring nanomaterials, announced today that Michael Riedlinger, NaturalNano's President, will present at the ValueRich Small-cap Financial Expo on Thursday, September 15, at the Jacob K. Javits Center in New York City.
Mr. Riedlinger will discuss the Company's business plans including current research and development, proprietary capabilities, and intellectual property. NaturalNano plans to be publicly traded in 2005 in both the United States and on the Frankfurt Stock Exchange in Germany.
Riedlinger will also describe commercial applications for halloysite nanotubes. Halloysite nanotubes are hollow tubes with high aspect ratios that are tens to hundreds of nanometers (billionths of a meter) in diameter. These applications include additives in polymers and plastics, electronic components, cosmetics, absorbents, and many other product categories. NaturalNano is making samples available to prospective customers in these industries. The unique geometry of the halloysite nanotubes enables them to be used for storing, delivering and controlling the release of various chemicals and materials making possible a wide range of commercial applications.
NaturalNano has rights to multiple issued and pending patents that cover processes, compositions, and derivatives for the nanotubes found in halloysite clay. More than 200 different commercial applications have been identified to date. The Company is also developing proprietary, patent-pending extraction, separation, and classification technologies to enable production of more uniform nanotubes to meet the higher standards required for advanced applications of the naturally occurring nanotubes. These include precise, controlled, and extended release of application-specific additives for use with cosmetics, polymers and plastics and other areas.
Extracted from clay mined at the Dragon Mine in Utah, operated by Atlas Mining Company (OTCBB: ALMI), the tubule-rich halloysite can be supplied in very large quantities. NaturalNano has rights from Atlas and will be setting up processing capabilities to produce nanotubes to customer requirements for specific applications.
The ValueRich Small-cap Financial Expo is hosted by ValueRich, Inc., the publishers of ValueRich Magazine. The two-day conference, held on September 14-15 at the Jacob K. Javits Center in New York City, brings executives of small-cap companies together with investment professionals and the financial press. Visit www.valuerichonline.com/ny05/index.php for more information.
ABOUT NATURALNANO INC.
NaturalNano Inc. is an advanced materials company with unique, proprietary processes for the refinement of naturally occurring nanotubes and other materials that enable a range of advanced applications from enhanced composites and other industrial products to cosmetics and electronics. We are a technology leader in the processing of nanotubes from halloysite clay, a source of naturally occurring nanotubes.
We possess broad intellectual property rights to multiple issued and pending patents for a comprehensive range of processes, compositions, and derivatives of our nanomaterials. Our research and development teams have identified more than 200 novel applications for halloysite and other nanotubes. The applications include uses in cosmetics and personal care products, absorbent materials, electromagnetic interference shielding, specialty coatings, and material additives for industrial polymers, plastics and composites.
Our strategic partnership with Atlas Mining Company (OTCBB: ALMI), owner of one of the world's largest deposits of halloysite clay, provides us with an initial supply of 500 tons of processed halloysite nanotubes and a collaborative agreement for using our proprietary processes. This enables NaturalNano to deliver large quantities of our products to our strategic partners and customers.
