NaturalNano Signs Joint Development Agreement with Nylon Corporation of America, Inc. for the Develo - 500 Beiträge pro Seite

[MagicWeasel]

NaturalNano Signs Joint Development Agreement with Nylon Corporation of America, Inc. for the Development of Nylon Pleximer(TM)
(Business Wire 04.26 12:00:06)

Business Editors

ROCHESTER, N.Y.--(BUSINESS WIRE)----
NaturalNano, Inc. (OTCBB: NNAN) (FWB: N3N) (www.naturalnano.com),
a materials science company, today announced the signing of a Joint
Development Agreement with Nylon Corporation of America, Inc. (NYCOA),
a leader in the nylon polymerization and compounding industry. The
partners will work to commercialize NaturalNano\'s nylon Pleximer
products for the enhancement of the mechanical properties of nylon
nanocomposites. Pleximer is a turn-key nanocomposite additive enabling
stronger, lighter materials for the $40 billion dollar polymer
composite industry.

The NYCOA and NaturalNano development program is expected to
identify specific product applications in the third quarter of 2007.
Peter Shepard, President and CEO of NYCOA, said, \"We see tremendous
market opportunities in a variety of performance driven applications
for lightweight, tough nylon nanocomposites. Working closely with
NaturalNano will accelerate the development of novel, high-value
materials for these emerging markets.\"

\"This agreement creates a natural synergy between our halloysite
nanotube surface functionalization technology and NYCOA\'s expertise in
the multiple facets of nylon manufacturing,\" stated Cathy Fleischer,
PhD, President and CTO of NaturalNano. The combined capabilities of
NYCOA and NaturalNano are expected to produce materials of improved
characteristics and high value for the polymer composites industry.
\"Our partnership with NYCOA is a critical step in our path to Pleximer
commercialization and introduction in 2007,\" Fleischer said.

Next steps under the agreement will address jointly developed
accreditation testing, application definitions, and formula
optimization that will be used in the pilot and manufacturing
processes to produce Pleximer based nanocomposites.

The NYCOA collaboration establishes an important benchmark in the
product\'s steady and successful development timeline. In January, the
Company first demonstrated the production of nylon Pleximer on a
manufacturing scale. This was followed in February by the announcement
of superior dispersion of halloysite nanotubes in excess of 30% in
nylon using standard polymer processing equipment. This high
dispersion led to improved strength and modulus properties in the
resulting nanocomposite without sacrificing the natural elongation of
nylon. The highly concentrated nylon Pleximer product can be added to
pure nylon in the final molding process by the manufacturer to obtain
nanocomposite materials with improved properties for a wide range of
applications, including automotive, aerospace, sporting equipment, and
electronics.

About NYCOA

NYCOA (Nylon Corporation of America, Inc.) is a privately held
specialty polymerizer and compounder of nylon located in Manchester,
NH. NYCOA produces custom nylon 6 polymers, co-polymers,
multi-polymers, nanocomposites, nylon alloys, and compounds for a wide
variety of applications including sporting goods, industrial hose and
tubing, lawn and garden, electrical/electronic, automotive, and wire
and cable. For more information, please visit http://www.nycoa.com.

About NaturalNano, Inc.

NaturalNano, Inc. (OTCBB:NNAN) (FWB:N3N) is a nanotechnology and
materials science company developing proprietary technologies and
processes for adding competitive properties to a wide range of
applications. These include industrial polymers, plastics and
composites; and additives to cosmetics, personal care, and other
products. NaturalNano holds and licenses over twenty patents and
applications, as well as proprietary know-how for extraction and
separation processes, compositions, and derivatives of halloysite and
other nanotubes. 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.



KEYWORD: NORTH AMERICA NEW YORK UNITED STATES
INDUSTRY KEYWORD: TECHNOLOGY MANUFACTURING AEROSPACE AUTOMOTIVE MANUFACTURING CHEMICALS/PLASTICS PACKAGING NATURAL RESOURCES MINING/MINERALS AUTOMOTIVE CONTRACT/AGREEMENT PRODUCT/SERVICE
SOURCE: NaturalNano, Inc.


CONTACT INFORMATION:
NaturalNano, Inc.
Ginny Brandreth, 585-267-4810
[e-mail]


S.BW NNAN N3N TECHN.BW MANUF.BW AEROS.BW AUTOM.BW CHEM.BW PACKG.BW NATRE.BW METAL.BW AUTO.BW CONTR.BW PRODU.BW NY.BW

[ozoloni]

Antwort auf Beitrag Nr.: 29.012.462 von MagicWeasel am 26.04.07 12:15:16

good announcement, but do you beleave that there will be any revenue in 2007 ?