CARLSBAD, CA--(Marketwire - November 12, 2009) -
Applied Nanoscience Inc. (ANI) (PINKSHEETS: APNN
), a nanotechnology-based filtration company, today issued a progress
report to its investors relating to progress in commercializing the
disposable NanoFense™ Protective Face Mask, designed to offer superior
protection against a broad spectrum of harmful virus, bacteria and fungi.
The President and CEO of Applied Nanoscience Inc. recently returned from a
trip to the Asia Pacific region where he observed that the pilot plant
which produces ANI's proprietary antimicrobial nanoparticle technology (the
NanoFense formulation) for application to filter media is secure and can
reliably manufacture 1200L/day as planned and previously stated. This
formulation will be applied to filter media in order to produce one of the
most effective protective masks ever designed.
In concert with commencing production of the "coating" for the NanoFense
Protective Face Mask, ANI has established the necessary supplier accounts
to ensure consistent and reliable ongoing operation. Paramount to the
design of the supply chain and production facility is the protection of the
intellectual property developed by the Company. The management team has
been working diligently to implement an effective approach to both
suppliers and facilities management in order to protect the significant
investment that has been made in ANI's proprietary nanotechnology.
The management team believes the disposable NanoFense Protective Face Mask
holds the potential to revolutionize the market for face masks due to its
unique ability to not only filter harmful pathogens, but also eradicate
pathogens that collect on the mask during use. The technology differs
significantly from all other known supposed antimicrobial filtration
devices as performance testing is conducted on a NanoFense-coated mask; not
on an antimicrobial agent which may then be added to a generic face mask
Applied Nanoscience believes it is on schedule to supply the formulation
for incorporation to filter media and final production by their joint
venture partner. The revolutionary disposable NanoFense Protective Face
Mask will be made available as soon as possible in an effort to help
protect people in some of the most heavily populated parts of the world.
Applied Nanoscience Inc. already holds broad patent protection in many of
ANI is a marketer, developer and manufacturer of innovative
nanotechnology-based air filtration products specifically targeted to
eradicate bacteria, virus and fungi and is the owner of NEFT (Nanoparticle
- Enhanced - Filtration - Technology), a broad platform with significant
application potential in customer and industrial market segments geared to
reducing the transmission of infectious pathogens. For more information on
the Company please visit: www.appliednanoscience.com.
Safe Harbor Statement
This release may contain statements that are forward-looking. Such
statements are made based upon current expectations that are subject to
risk and uncertainty. ANI does not undertake to update forward-looking
statements in this news release to reflect actual results of and changes in
assumptions or changes and other factors affecting such forward-looking
information. The actual future plans and results of the Company could
differ significantly from such forward-looking statements.