Nanoforce, Inc. Demonstrates New 'Steel Silk' Product At NanoTX '06 Conference


EL PASO, Texas, Oct. 10, 2006 (PRIMEZONE) -- Nanoforce, Inc. (Pink Sheets:NNFC), a developer of nano-materials, new refining processes, and equipment for use in the alternative and conventional energy sectors announces the successful demonstration of STEEL SILK(tm) at the NanoTX '06 Conference in Dallas, Texas last week.

The Company showcased this product at its booth and received intense interest from multiple organizations for a variety of applications. NNFC representatives answered questions about licensing and co-development opportunities for all of the materials and processes in its intellectual property portfolio. These included NNFC's proprietary Nano-Cat(tm) petroleum catalyst line, the Poly-Web line of flocculants used to harvest micro-algae for bio-diesel, and Steel Silk, a self-assembling nano-material and one of the toughest fibers ever demonstrated worldwide.

Nanoforce Director Dr. Russell R. Chianelli says, "Independent studies have shown that pound-for-pound, Steel Silk fibers exhibit about seven times the toughness of products currently used for blast protection and bullet-proof vests."

Dr. Abbas Ghassemi, a Nanoforce Director and leader of the WERC program at New Mexico State University, reports that, "While test quantities of high quality Nano-Cat and Poly-Web products are available for industrial evaluation, our Steel Silk fiber is still in the laboratory stage of development. However, based on the encouraging response shown by potential customers at the NanoTX06 conference, I'm prepared to recommend an accelerated development effort to NNFC management."

About Nanoforce, Inc.

Nanoforce is engaged in the research, development, acquisition and commercialization of advanced 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. www.nanoforcetechnologies.com.

About Refinery Science Corp.

Refinery Science Corp., a 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. www.refineryscience.com.

Statements in this press release may be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Words, such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to the company or its management, identify forward-looking statements. These statements are based on current expectations, estimates and projections about the company's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and probably will, differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described above. In addition, such statements could be affected by risks and uncertainties related to product demand, market and customer acceptance, competition, pricing and development difficulties, as well as general industry and market conditions and growth rates and general economic conditions. Any forward-looking statements speak only as of the date on which they are made, and the company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release. Information on Nanoforce, Inc.'s website does not constitute a part of this release.


            

Contact Data