LAS VEGAS, June 9, 2005 (PRIMEZONE) -- NanoSignal Corp, an OTC PINK SHEETS Fully Reporting Company (Pink Sheets:NNOS) stated herein that management has provided a recap of market news and the relationship to NanoSignal Corp. market activity. "NanoSignal Corporation, Inc. management believes the cancellation of 560 million shares has had a significant impact on the market," according to NanoSignal President James Wolfe and "we have plans to continue to retire as many shares back for inclusion in the authorized but unused portion of NanoSignals Shares."
Furthermore, the data collected by Clearstation.com, shows a significant impact on the volume and the price increase value of NanoSignal shares price. NanoSignal was the number one company on percentage gains for the day. "Furthermore, stated James Wolfe and in addition to the price increase NanoSignal Corp. also ranked number Three in volume of all the exchanges There has been tremendous pressure brought on by the short sellers against the Market of the company of its tradable securities," again stated James Wolfe.
NanoSignal Corporation Inc is making significant strides to bolster its share value and complete inner core of the technology, Slices," said Chairman of the Board, Dr. Rupert Perrin. The systems put in place by James Wolfe and his management team is beginning to bear more than results.
This press release contains ``forward-looking statements'' within the meaning of Private Securities Litigation Reform Act of 1995. Such statements can be identified by lead-in ``Looking Forward.'' These statements are not guarantees of future performance and involve significant risks and uncertainties. Actual results may vary materially from those in the forward-looking statements as a result of the effectiveness of management's strategies and decisions, general economic and business conditions, new or modified statutory or regulatory requirements, and changing price and market conditions.