ROCHESTER, N.Y., Aug. 6, 2009 (GLOBE NEWSWIRE) -- NaturalNano, Inc. (OTCBB:NNAN)(Frankfurt:N3N), Acting CEO and President James Wemett announced today two important patents have issued covering the use of Halloysite nanotubes in applications having potential impact on the energy economy. While the primary commercial focus of NaturalNano has been in enhancing polymer performance and in cosmetics, the Company has also continued to file and prosecute patents covering other technologies that take advantage of the unique properties of Halloysite. These patents are available for licensing as we are in discussions now with potential licensing partners.
The first patent, US 7,400,490 "Ultra Capacitors comprised of Mineral Microtubules" takes advantage of the extremely small size and high surface-to-volume of Halloysite, as well as its chemical stability, to provide improved electrolyte performance in high energy storage capacitors such as ultracapacitors and supercapacitors. These devices hold the potential to surpass batteries in applications such as hybrid and pure electric vehicles, cordless tools and appliances, and other distributed power applications due to their long life, extremely fast recharge times, and lower environmental impact at the end of their useful life.
The second patent, US 7,425,232 Hydrogen Storage Apparatus Comprised of Halloysite, discloses devices loaded with Halloysite that can store hydrogen efficiently and safely. This technology has potential for automotive and other commercial power systems that utilize hydrogen as fuel.
Mr. Wemett said that "These patents help NaturalNano leverage the use of our halloysite in more industries and continue to build on our technology and add to our strong patent portfolio."
About NaturalNano, Inc.
NaturalNano, Inc. (OTCBB:NNAN) (Frankfurt:N3N) is a materials science company focused on developing and commercializing advanced nanocomposites. Based in Rochester, NY, the Company is focused on additive technologies and processes, including its proprietary Pleximer(tm) polymer additive, that add value to industrial polymers, plastics and composites, as well as consumer and industrial products. NaturalNano holds and licenses over 25 patents and applications, as well as proprietary know-how for extraction and separation processes, compositions, and derivatives of Halloysite and other nanotubes. Visit www.naturalnano.com for more information.
Cautionary Statement Regarding Forward-Looking Statements: This press release may contain forward-looking statements regarding future events and future performance of NaturalNano that involve risks and uncertainties that could materially affect actual results. This information is qualified in its entirety by cautionary statements and risk factors disclosure contained in certain of NaturalNano's filings with the Securities and Exchange Commission. The most recent annual reports on Form 10-KSB and quarterly reports on Form 10-QSB filed by NaturalNano provide information about these factors, which may be revised or supplemented in future reports to the SEC on those forms or on Form 8-K. We caution investors not to place undue reliance on forward-looking statements, and we do not undertake any obligation to update or otherwise revise any forward-looking statements, whether as a result of new information, future events, or other such factors that affect the subject of these statements, except where expressly required by law.