ROCHESTER, N.Y., Feb. 13 /PRNewswire-FirstCall/ -- NaturalNano, Inc.
(OTC Bulletin Board: NNAN) (FWB: N3N), a company whose primary business is
discovering, refining, and marketing naturally occurring nanomaterials,
announced today that it has exclusively licensed technology that allows for
selectively turning on or off access to radio signals, such as those used by
cell phones or wireless computer networking devices, in areas that otherwise
are shielded from those signals. NaturalNano licensed U.S. Patent No.
6,885,845, entitled "Personal Communications Device Connectivity Arrangement"
from AMBIT Corporation. This patent complements the Company's current
research and development efforts in RF shielding. The license extends to all
fixed, non-mobile applications of this technology.
Michael Riedlinger, President of NaturalNano, said, "Exclusive access to
this patent for fixed installations allows NaturalNano to offer a RF shielding
solution utilizing its pre-loaded natural halloysite nanotubes technology
combined with the ability to selectively turn on and off the impact of such
shielding. This in turn enables authorized users to log onto a private
network in an area that is otherwise RF shielded. Depending on the specific
user requirements, this technology provides the framework for a potential new
revenue stream into a facility's networking solutions for prospective
customers and visitors. This technology also allows the facility operator to
potentially charge fees for wireless access within an otherwise RF shielded
environment. In addition, many existing structures including concert and
convention halls, movie theaters, and other buildings could benefit from
enhanced control over outside radio frequency radiation with a passive,
Robert J. Crowley, President and Co-founder of AMBIT Corporation, was
formerly the Director of R&D for Boston Scientific Corporation's Imaging and
Sensing Lab, which developed the first human-rated IVUS system, and did the
first-ever IVUS imaging in atherosclerotic arteries. His group also developed
several other diagnostic and therapeutic technologies for Boston Scientific
Mr. Crowley said, "We are pleased to have licensed this important
technology to NaturalNano to complement their recent innovations in RF
shielding technologies. We believe that there is a strong market need for
intelligent cellular and WIFI control in fixed locations such as school
buildings, offices, and in military applications and NaturalNano is the right
company to bring these technologies to the marketplace."
Crowley continued, "Until now, there has not been a practical, profit
generating cellular shielding system that can be turned on or off. Unlike
illegal jamming, our system monitors and controls the flow of radio, cellular
and WIFI signals into a building and has a built-in billing function, too.
The license to NaturalNano includes AMBIT Corporation's technologies to direct
and route revenue-generating information streams in a shielded environment."
The use of metalized halloysite nanotubes for RF shielding came about as a
result of a NaturalNano research and development program. Experimental trials
included creation of a spray coating embedded with copper-filled halloysite
nanotubes. The resulting material demonstrated significant RF signal strength
NaturalNano's spray-on shielding formulation, when applied to the walls of
a room, may provide a passive blocking agent for radio frequency (RF) energy.
Creating RF shielded environments has typically involved extensive use of
conductive wiring and construction materials, a labor and capital intensive
undertaking. NaturalNano believes that this new approach to creating a
shielded environment, using a spray-on formulation, may provide an effective
application solution on a much more cost-effective basis. This technology is
particularly applicable to existing and non-mobile rooms because of the high
costs associated with retrofitting an existing room to make it a passively RF
shielded environment using current RF shielding techniques.
NaturalNano has rights to multiple issued and pending patents that cover
processes, compositions, and derivatives for the nanotubes found in halloysite
clay. More than 200 different commercial applications have been identified to
date. The Company is also developing proprietary, patent-pending extraction,
separation, and classification technologies to enable production of more
uniform nanotubes to meet the higher standards required for advanced
applications of the naturally occurring nanotubes. These include precise,
controlled, and extended release of application-specific additives for use
with cosmetics, polymers and plastics and other areas.
To learn more about NaturalNano and to view a diagram of the RF shielding
application, please visit http://www.naturalnano.com .
About AMBIT Corporation
AMBIT Corporation, founded in 1993, is a technology and intellectual
property development firm active in cellular, computer, and nanotechnology
fields. The company researches, designs and invents new platform technologies
relating to wireless information distribution systems, human-machine interface
sensors, computer keyboarding apparatus, carbon nanotube based electronics,
nanotube antenna arrays, and optical devices. AMBIT Corp. conducts its
Research and Development at universities and at laboratories located in
Massachusetts. Website: http://www.AMBITcorp.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
About NaturalNano, Inc.
NaturalNano, Inc. (OTC Bulletin Board: NNAN)(FWB: N3N) 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
SOURCE NaturalNano, Inc.