Patent Covers Use of Proprietary Halloysite Material as a Performance Enhancing Additive
ROCHESTER, N.Y., Feb. 15, 2012 (GLOBE NEWSWIRE) -- NaturalNano, Inc. (OTCBB:NNAN.OB - News) announced that the US Patent Office had issued a key patent which covers the use of its proprietary Halloysite material as a performance enhancing additive when used in molded polymers.
NNAN has pioneered the use of environmentally friendly, naturally occurring Halloysite in a range of industrial applications. The issuance of US Patent No. 8,124,678 titled "Nanocomposite Master Batch and Method of Manufacturing" expands the patent protection for the use of Halloysite to its incorporation as a performance enhancer to molded polymers.
NaturalNano's CEO James Wemett said, "One of the challenges in manufacturing reinforced polymers is getting thorough mixing of the reinforcing materials in the molding equipment to obtain the highest quality products at minimal cycle times. The method and materials covered by this patent enable the creation of a high concentration pre-mix Halloysite material in pelletized form that is readily combined with standard polymer pellets for use in molding machines."
Wemett continued," The NNAN approach provides uniform high-quality molded parts at standard cycle times, improving our customers' product quality and yield while reducing their cost. We continue to strengthen our position as the world leader in the industrial applications for Halloysite as we continue to expand our licensing opportunities."
About NaturalNano, Inc.
NaturalNano, Inc. (OTCBB:NNAN.OB - News) 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 licenses20 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.