NaturalNano Granted Key Patent for Manufacturing Method for NanoComposite of Halloysite NanoTubes by US Patent Office
December 03 2013 - 10:04AM
Marketwired
NaturalNano Granted Key Patent for Manufacturing Method for
NanoComposite of Halloysite NanoTubes by US Patent Office
ROCHESTER, NY--(Marketwired - Dec 3, 2013) - NaturalNano, Inc.
(OTCBB: NNAN) (www.naturalnano.com) announced today that the US
Patent & Trademark Office has issued a patent to the
Company which covers the use of NNAN's proprietary Halloysite
NanoTubes (HNT) in NanoComposite Method of Manufacturing.
NaturalNano's CEO James Wemett commented, "With the issuance of
this US Patent, NNAN continues to expand and protect its
proprietary uses for HNT, in this case, as a nano-filler. As
our patent portfolio continues to grow, our position as a world
leader in the industrial applications for Halloysite materials
continued to be strengthened. These unique materials are
available under either exclusive or non-exclusive licenses."
Wemett continued, "The Clay nanocomposites consumption is
projected in 2016 to exceed 1.6 Billion, according to BCC
Research, a leading market research company."
NaturalNano, Inc. (OTCBB: NNAN) is a materials science company
focused on developing and commercializing advanced nanocomposites.
The Company is focused on additive technologies and processes,
including its proprietary Pleximer that adds value to industrial
polymers, plastics and composites. NaturalNano holds and/or
licenses over 10 patents and applications relating to
Halloysite, as well as proprietary know-how for its extraction and
separation processes, compositions, and derivatives.
www.naturalnano.com
Cautionary Statement Regarding Forward-Looking Statements:
Contains forward-looking statements regarding future events and
future performance 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-K and quarterly reports on Form 10-Q 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.
Contact: Jim Wemett NaturalNano, Inc. 585-267-4848
info@naturalnano.com