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2006 Nano Biz...in depth... im detail
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Nanoforce Acquires Unique Package of Fundamental Nanotechnology IP



EL PASO, Texas, Feb. 13, 2006 (PRIMEZONE) -- Nanoforce, Inc. (Pink Sheets:NNFC) announced today that it has acquired all right, title, and interest to a unique bundle of intellectual property assets including 24 issued or pending patents relating to "nanomaterials" and their "uses". The acquisition of the nanotechnology package follows the recent merger with petroleum technology company, Refinery Science Corp. Nanoforce CEO David Rendina said, "The addition of this fundamental nanotechnology to Nanoforce's IP portfolio is a major step towards achieving the Company's mission to procure and capitalize on advances in material science to develop practical commercial applications for nanotechnology."

Rendina further reports that one key objective for the Company is to license the technology to companies strategically poised for growth in industries such as petroleum extraction and refining, air and water purification, electricity generation, and agriculture.

Dr. Russell R. Chianelli, a leading expert in the field of material science and Director of the Materials Research and Technology Institute of the University of Texas at El Paso, states, "The recent procurement of this nanotechnology IP package, by Nanoforce, is a judicious move that will continue to benefit and position the company as a leader in the industry for years to come."

The Company

Nanoforce, Inc. is a company founded to support the development, and acquisition of exciting new products that integrate fundamental developments in Nanotechnology. The Nanotechnology industry is in its infancy and provides a wealth of opportunity for companies that position themselves well now to profit from the burgeoning opportunities that will be provided by nanotech produced products in the near future.

The foregoing contains forward-looking statements based on management's expectations, estimates, projections and assumptions. Words such as "expects," "anticipates," "plans," "believes," "scheduled," "estimates" "objectives" and variations of these words and similar expressions are intended to identify forward-looking statements. Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what is forecast in forward-looking statements due to a variety of factors.

This press release is not an offer to sell securities or the solicitation of an offer to buy securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.

CONTACT: Nanoforce, Inc. Kate Rendina (915) 313-9391 (915) 313-9391, Fax nanoforce1@msn.com www.nanoforcetechnologies.com

 

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