ROCHESTER, N.Y., Dec. 6 /PRNewswire-FirstCall/ -- NaturalNano, Inc., (OTC 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 partnerships 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. (OTC 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.