EL PASO, Texas, June 12, 2006 (PRIMEZONE) -- Nanoforce, Inc. (Pink Sheets:NNFC), a developer of nano-materials, new refining processes, and equipment for use in alternative and existing energy sector technologies, announced the completion of the merger between Transglobal Oil, Corp. (Pink Sheets:TGOC), a Delaware corporation, and Energy Farms, Inc. a wholly owned subsidiary of Nanoforce incorporated in the State of New Mexico.
The surviving company will retain the name Transglobal Oil, Corp., trading symbol TGOC, and will be incorporated in the State of New Mexico.
Transglobal will focus on the worldwide commercialization of, heavy crude oil based, distributed energy systems. These modular distributed energy systems (called energy farms) are designed to overcome social and environmental objections to building new refineries and produce a more secure energy supply. They integrate processes that convert low value heavy crude oils into high value lighter sweet crude and use refinery by-products and low value resources like desert land, sunlight, and brackish water to produce biodiesel, electricity, and fresh water. The Company's distributed energy units employ an environmentally conscious production system using patented and patent pending advanced materials and processes previously developed at Energy Farms Inc. (http://www.tgoiltech.com)
About Nanoforce, Inc.
Nanoforce is engaged in the research, development, acquisition and commercialization of advanced materials science products and processes including nanotechnology. Nanotechnology is the science of building and manipulating materials, devices and processes on the scale of atoms and molecules (one billionth of a meter). According to market research, it is estimated that worldwide revenues from products using nanotechnology will increase to $2.6 trillion in 2014, equal to about 15% of global manufacturing output, from $13 billion in 2004 (Lux Research). Nanoforce is taking advantage of rapid innovation in materials science to meet critical needs in growing industry sectors including petroleum refining and biodiesel production. For more information, please visit www.nanoforcetechnologies.com.
About Refinery Science Corp.
Refinery Science Corp., a wholly owned subsidiary of Nanoforce, is a material science-based petroleum technology business. The company intends to apply the benefits of its latest developments in material science and nanotechnology to provide solutions to issues associated with the production and transportation of extra heavy crude, and increase profits from refining heavy crude and residual bottoms. The Company's unique nano-materials may enable companies to profitably refine low quality crude oil, such as that from shale and oil sands that are difficult and expensive to process. For more information please visit www.refineryscience.com.
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Nanoforce, Inc. 604-288-7703 www.nanoforcetechnologies.com 4800 N. Stanton St. Unit 186 El Paso, TX 79902