FISHKILL, N.Y., March 22, 2012 /PRNewswire/ -- Nano Mask Inc. (NMI), (OTCQB: NANM), a health care company focused on materials technology development, manufacturing and distribution announced today, that it has entered into a five year (with a five year renewal option) licensing, manufacturing and distribution agreement with Noble Fiber Technologies LLC, a wholly owned subsidiary of Noble Biomaterials, Inc., whereby Nano Mask will license Noble's proprietary X-STATIC® antimicrobial fiber and yarn to fabricate customized healthcare fabrics and textiles and to further manufacture these materials into an extensive line of professional health care apparel and barrier products. The license gives NMI the right to fabricate, manufacture and distribute globally with exclusive distribution rights in the following countries: Saudi Arabia, Egypt, Libya, Algeria, Morocco, Jordan, Iraq, Lebanon, Bahrain, Yemen, Kuwait, Oman, Qatar, and UAE.
The scope of the license agreement will enable NMI to manufacture and distribute products using Noble's proprietary X-STATIC technology throughout the world. NMI is currently fabricating and manufacturing with Noble's antimicrobial materials at four international locations. NMI's market focus is on acute and extended care healthcare facilities which are witnessing an unprecedented demand for soft surface solutions which can help address the serious challenges of infection transmission from existing (unprotected) soft surfaces within health care facilities.
"This agreement solidifies our relationship with Noble and will permit us to enjoy exclusive manufacturing and distribution rights in the Middle East as well as non-exclusive rights in other countries," said Ed Suydam, President and CEO, Nano Mask. Mr. Suydam added, "We have already seen significant orders from the Middle East and expect to ramp up both production and sales of these products in the coming months."
About Nano Mask Inc.
Nano Mask, Inc. (NMI) is a materials technology development, manufacturing and distribution company providing emergency life support and infection prevention products and solutions to a variety of market segments within the healthcare industry.
About Noble Biomaterials Inc.
Noble Biomaterials, Inc. is a global leader in bacterial management solutions. Noble develops, manufactures, sells and markets advanced antimicrobial technologies designed to manage all forms of bacterial contamination for medical, defense, industrial and consumer markets.
This release may contain statements that are forward-looking. Such statements are made based upon current expectations that are subject to risk and uncertainty. Specifically, any unforeseen delays in manufacturing and distribution may affect the planned timeline for initiating actual sales of the product. NMI does not undertake to update forward-looking statements in this news release to reflect actual results of and changes in assumptions or changes in other factors affecting such forward-looking information. The actual future plans and results of the company could differ significantly from such forward-looking statements.
For further Information email:
Edward J. Suydam
President and CEO
Nano Mask, Inc.
SOURCE Nano Mask Inc.