ROCHESTER, N.Y., Dec. 6 /PRNewswire-FirstCall/ --
NaturalNano, Inc., (BULLETIN BOARD: NNAN) , an advanced
nanotechnology materials company whose primary business
is processing, developing and commercializing naturally
occurring nanomaterials, has filed a Form 8-K with
the U.S. Securities and Exchange Commission detailing
additional aspects of its merger with Cementitious
Materials, Inc. which was consummated on November
29, 2005. The Company began trading under its new
stock symbol NNAN on December 2, 2005, corresponding
with the completion of its merger transaction.
NaturalNano is developing state-of-the-art proprietary
processes for extracting and separating naturally-occurring
nanotubes from halloysite clay. The Company has pending
patents and rights to patented technologies for processing
methods, formulations, and surface treatment technologies.
NaturalNano's IP portfolio currently contains eight
issued patents licensed from others, nine pending
patents, and additional patent applications in process.
Michael Riedlinger, NaturalNano's president, said, "Becoming
a public company is an important milestone development
for NaturalNano, its employees and shareholders.
This allows us to expand commercialization activities
for our unique nanomaterials. We believe that NaturalNano's
core IP, expertise and capabilities have broad applications
across numerous industries and will be instrumental
in improving many everyday products. We look forward
to moving the Company to the next stage in its development.
This includes the expansion of strategic alliances,
working with customers on specific applications,
and increasing the Company's visibility within the
scientific and investment communities. We are hopeful
that these activities will lead to substantial recurring
revenue and profits in the future."
Over 200 applications for halloysite nanotubes have
been identified to date. The Company is developing
commercial applications for:
* Material additives for polymers, plastics and composites
* Cosmetics and other personal care products * Absorbent
materials * Pharmaceutical and medical device additives
The Company continues to focus on product development
and commercialization. Its goals and key priorities
for 2006 include the following:
* Build a dominant intellectual property portfolio
* Develop additional separation and applications technologies
* Expand processing alternatives for high volume production
* Ship samples, followed by production quantities,
of processed halloysite nanotubes to major customers
* Collaborate with research organizations to generate
additional innovations and patents * Establish strategic
To learn more about NaturalNano and get a more complete
description of events, please visit NaturalNano's
website at http://www.naturalnano.com/ .
To read the entire Form 8-K filed December 5, 2005,
visit: http://investor.shareholder.com/naturalnano/sec.cfm .
About NaturalNano, Inc.
NaturalNano, Inc. (BULLETIN BOARD: NNAN) is a materials
science company developing unique and proprietary
processes for refining naturally occurring nanotubes
and other nanomaterials that add competitive properties
to a range of applications. These include additives
to cosmetics and personal care products, and absorbent
materials, as well as: electromagnetic interference
shielding, specialty coatings, and material additives
for industrial polymers, plastics and composites.
NaturalNano possesses broad intellectual property
rights and proprietary know-how for extraction and
separation processes, compositions, and derivatives
of halloysite and other nanotubes. For more information,
please visit http://www.naturalnano.com/ .
Cautionary Statement Regarding Forward-Looking Statements
Certain statements included in this press release
may constitute forward-looking statements within
the meaning of applicable securities laws. These
statements reflect what NaturalNano anticipates,
expects, or believes may happen in the future. NaturalNano's
actual results could differ materially from the outcome
or circumstance expressed or implied by such forward-looking
statements as a result of a variety of factors including,
but not limited to: NaturalNano's ability to develop
its technologies; the approval of NaturalNano's patent
applications; the successful implementation of NaturalNano's
research and development programs; the ability of
NaturalNano to demonstrate the effectiveness of its
technology; the acceptance by the market of NaturalNano's
technology and products incorporating such technology,
the ability of NaturalNano to effectively negotiate
and enter into contracts with third parties for the
licensing of NaturalNano's technology; competition;
the ability of NaturalNano to raise capital to fund
its operating and research and development activities
until it generates revenues sufficient to do so;
and the timing of projects and trends in future operating
performance, as well as other factors expressed from
time to time in NaturalNano's periodic filings with
the Securities and Exchange Commission (the "SEC").
As a result, this press release should be read in
conjunction with NaturalNano's periodic filings with
the SEC which are incorporated herein by reference.
The forward- looking statements contained herein
are made only as of the date of this press release,
and NaturalNano undertakes no obligation to publicly
update such forward-looking statements to reflect
subsequent events or circumstances.
Media Contacts: NaturalNano Inc. Bobbi Drew Bobbi@naturalnano.com 585-214-8172
Jennifer Gould JGould@rubensteinpr.com 212-843-8037
Source: NaturalNano, Inc.
CONTACT: Media, Bobbi Drew of NaturalNano Inc., +1-585-214-8172,
Bobbi@naturalnano.com , or
Jennifer Gould, +1-212-843-8037,
for NaturalNano Inc.
Web site: http://www.naturalnano.com/