SANTA CLARA, Calif., Feb. 1 /PRNewswire-FirstCall/ -- NanoSensors, Inc.
(OTC Bulletin Board: NNSR.OB) reports today on the Company's current course of
work and future plans. The Company was incorporated in December, 2003 and is a
nanotechnology development company based in Santa Clara, California
NanoSensors has recently been in talks with several different companies,
universities and patent holders with regard to possible intellectual property
acquisition and commercialization transactions. Over the next twelve months
it is the Company's goal to close one or two intellectual property
acquisitions and/or commercialization transactions and continue the
development of its first sensor.
In an effort to become more than just a development stage organization, as
well as to take advantage of opportunities, the Company's focus is directed
towards acquiring and commercializing technology solutions in several sectors.
NanoSensors has three strategic components to its acquisition strategy:
-- IP Acquisition (Post-Revenue): Acquire non-core intellectual property
and tangible assets from corporations that will be income and balance
-- IP Commercialization (Pre-Revenue): Acquire intellectual property
assets, patents, licenses, and source code for solutions that are still
in development, but that are less than twelve months away from
-- University & Government R&D: Identify patented or patent-pending
technologies at universities or government labs and fund additional
development of those technologies in exchange for exclusive rights to
commercialize the resulting prototypes. Leveraging the resources and
infrastructure of these institutions will provide the Company with a
highly cost-effective development pipeline.
About Nanosensors, Inc.
NanoSensors, Inc. is a Nevada corporation that was incorporated on
December 23, 2003. The Company's principal business is the development,
manufacture and marketing of sensors and instruments, along with the
management of intellectual property derived therefrom that will enable
Nanosensors to create nanoscale devices.
This press release contains "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended, and are subject to the
safe harbors created thereby. These forward-looking statements involve known
and unknown risks, uncertainties and other facts that could cause the actual
future results of the Company to be materially different from such forward
looking statements. These forward-looking statements are made only as of the
date hereof, and we disclaim any obligation to update or revise the
information contained in any such forward-looking statements, whether as a
result of new information, future events or otherwise.
SOURCE NanoSensors, Inc.