CARLSBAD, CA--(Marketwire - March 15, 2010) -
Applied Nanoscience Inc. (ANI) (PINKSHEETS:
APNN), a nanotechnology-based filtration company, today announced that it
has received extremely positive test results on the effectiveness of the
disposable NanoFense™ Protective Face Mask when challenged with the
current swine influenza virus (H1N1). In addition, their proprietary
NanoFense coating formulation proved to be equally effective when
challenged directly with rhinovirus, the cause of the common cold. Both of
the studies were conducted by a nationally recognized independent BSL-3
laboratory. The company expects to complete additional testing relating to
an additional U.S. patent application in the next two weeks to further
protect international efforts and the intellectual property portfolio
already amassed.
Applied Nanoscience Inc. also announced it has successfully completed trial
efforts to coat rolls of filter media specified by their Asia Pacific mask
partner within the appropriate concentration range. This has further
narrowed the timeframe for supplying hydrophobic media pre-coated with the
company's NanoFense formulation, a proprietary antimicrobial nanoparticle
filter coating developed by ANI. "The continued focus on specific efforts
which directly lead to commercial revenues has put ANI in a very exciting
position. We are working diligently to finalize the remaining details in a
supply contract with our mask partner," stated Thomas K. Allen, President
and CEO - ANI.
ANI continues to push forward on U.S. patent efforts tied to its NanoFense
formulation as well as the NEFT™ platform.
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. The company anticipates
the reporting of related revenues to begin in the second quarter of 2010 as
final strategic projects are completed. Applied Nanoscience HK Ltd. is now
formally registered in Hong Kong as a subsidiary with banking functions in
place to export the coated filter media. It will be sold in many of the
countries where ANI has issued patents protecting their broad NEFT
platform. The patent coverage includes three main methods of associating
nanoparticles with filter media: (1) coating the filter media with a powder
of nanoparticles, (2) impregnating the nanoparticles into the filter media,
and (3) having pellets of nanoparticles located adjacent to the filter
media.
About ANI
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. The NanoFense
formulation can be applied to virtually any existing filter media in order
to produce air filtration products which can offer broad protection against
virus, bacteria and fungi.
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.
