NaturalNano Receives Order From Fiabila S.A. for Halloysite Natural Tube Technology for Use in Popular Nail Polish Products
February 13 2014 - 10:00AM
Marketwired
NaturalNano Receives Order From Fiabila S.A. for Halloysite Natural
Tube Technology for Use in Popular Nail Polish Products
ROCHESTER, NY--(Marketwired - Feb 13, 2014) - NaturalNano, Inc.
(OTCQB: NNAN) (www.naturalnano.com) announced today that Fiabila
S.A. has ordered NaturalNano's Halloysite Natural Tubes (HNT) for
use in the production of a range of the popular Fiabila
produced nail polish products sold under various names in the U.S.
and Europe. The orders are part of a three (3) year supply
arrangement between NaturalNano and Fiabila.
Jim Wemett, NNAN's CEO, commented, "Fiabila continues to be a
great long term partner for NNAN and these orders reflect their
continued commercial success from product lines utilizing
HNT available in the world's largest retail stores including
Walmart, Walgreens, Target, and CVS and their European Markets. We
continue to build our business and are continually seeking new
applications for this environmentally friendly technology."
NaturalNano, Inc. (OTCQB: NNAN), located in Rochester, New York,
is engaged in the development and commercialization of material
additives based on proprietary nanomaterial technology utilizing
Halloysite Nanotubes (HNTs). The Company provides industry with
additives designed to improve the processing characteristics and
mechanical properties of engineering thermoplastics, and additives
designed to optimize the release of active agents such as vitamins
and fragrance in cosmetic products. NaturalNano holds patents
and other intellectual property relating to the commercial use of
HNTs in composite materials as well as specialized techniques used
in the refinement and processing of HNTs and intermediaries that it
ships to customers worldwide. HNT materials used as a surface
treatment have also shown promise in medical research devoted to
stem cell collection and in trapping circulating cancer
cells. The Company is also exploring surface treatments
relating to improved adhesion of protective coatings for polymer
components used in numerous commercial applications.
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