NaturalNano Inc. (NNAN.OB), a nanomaterials company, develops and commercializes material proprietary technologies and processes to provide novel properties for a range of applications. These include industrial polymers, plastics, and composites; as well as additives to cosmetics, agricultural, and household products. On January 8, 2008, NaturalNano announced the achievement of its performance goals for 2007, including the commercialization of the Company’s patented turn-key nanocomposite additive, Pleximer, which creates stronger, lighter, and less expensive products for numerous consumer industries.
During 2007, NaturalNano established three joint development agreements, achieved revenue through initial sales of Pleximer, and received third-party validation of its extended release technology. The joint development agreements are expected to open numerous new markets for Pleximer, including the automotive, sporting goods, furniture and packaging industries. The agreements with Cascade Engineering, Nylon Corporation of America and a leading national packaging corporation provide a strong base from which to conduct manufacturing-scale testing and validation of the technical advantages of Pleximer.
NaturalNano will be able to showcase its products when the Company’s President and Chief Technology Officer, Cathy Fleischer, presents at the Friedland Investment Undiscovered Equities Conference. Fleischer is quoted saying: “This conference is an opportunity for NaturalNano to showcase the industry-leading properties of our proprietary nanocomposite additive, Pleximer(TM), and the multiple advantages it holds for both manufacturers and consumers. In addition, bringing the financial community up to speed on the successful completion of our aggressive 2007 goals is a great way for us to continue building on our momentum toward commercialization of our products.”
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