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NaturalNano Announces Two Funded Projects With
Specialty Materials Leader Rohm and Haas Company
Other topics:
Nanotechnology Laboratory
NaturalNano
June 9, 2008
Rochester, NY -- NaturalNano, Inc. (OTCBB: NNAN) (FWB: N3N),
a developer of advanced nanomaterials and extended release
nanotechnologies, today announced a partnership with
Philadelphia-based Rohm and Haas Company, a leader in
specialty materials, to explore the development of polymers
with enhanced properties. Rohm and Haas (NYSE: ROH) is
funding two research projects using NaturalNano's patented
processes with halloysite natural tubes (HNT™) to enable the
manufacture of stronger, lighter and more flexible products.
Terms of the projects were not disclosed. |
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NaturalNano
(www.naturalnano.com) said these projects will expand the
applicability of its Pleximer™ product by enhancing the
properties of new polymer systems for use in a wide variety
of end markets, including adhesives, coatings, electronics,
and packaging. Adding HNT to these polymers could enable
NaturalNano and Rohm and Haas to supply the market with
advanced materials that could improve the performance of
products used in the packaging and building materials
industries. Experts estimate the size of the global market
for packaging and building materials to be in excess of $100
billion.
"This is a great opportunity for us to continue building on
our Pleximer product line, and to do it alongside a
world-class materials sciences company," said Cathy
Fleischer, President of NaturalNano. "These funded projects,
combined with the real-world customer and commercial
applications offered by Rohm and Haas, represent another
major milestone in our drive toward sustained revenue and
validating our investments and patents in HNT-enabled
materials."
Fleischer concluded: "Our technology for creating stronger,
lighter and less expensive products continues to gain
traction with both OEMs and the material sciences industry.
We look forward to growing our partnership with Rohm and
Haas Company and developing the next generation of advanced
materials."
About NaturalNano, Inc.
NaturalNano, Inc.
(OTCBB: NNAN) (FWB: N3N) is a materials science company
focused on developing and commercializing advanced
nanomaterials and extended release nanotechnologies. Based
in Rochester, NY, the Company is focused on additive
technologies and processes, including its proprietary
Pleximer™ polymer additive, that add value to industrial
polymers, plastics and composites, as well as consumer and
industrial products. NaturalNano holds and licenses more
than 25 patents and applications, as well as proprietary
know-how for extraction and separation processes,
compositions, and derivatives of halloysite and other
nanotubes.
About Rohm and Haas Company
Leading the way since 1909, Rohm and Haas is a global
pioneer in the creation and development of innovative
technologies and solutions for the specialty materials
industry. The company's technologies are found in a wide
range of industries including: Building and Construction,
Electronics and Electronic Devices, Household Goods and
Personal Care, Packaging and Paper, Transportation,
Pharmaceutical and Medical, Water, Food and Food Related,
and Industrial Process. Innovative Rohm and Haas
technologies and solutions help to improve life every day,
around the world. Based in Philadelphia, PA, the company
generated annual sales of approximately $8.9 billion in
2007. Visit www.rohmhaas.com for more information. imagine
the possibilities™.
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. |
