Contact Information: Contact: NanoLogix, Inc. Investor Relations Carol Surrena Telephone: 330-534-0800 E-mail:
NanoLogix BNP(TM), Rapid Diagnostics, and the Marketplace: An Overview
| Source: NanoLogix, Inc.
HUBBARD, OH--(Marketwire - May 13, 2009) - The BNP™ (BioNanoPore) test kit from
NanoLogix, Inc. (PINKSHEETS : NNLX ) has broken the speed barrier for rapid
detection of virtually any microorganism currently tested with traditional
Petri technology. This marks a revolutionary step in the field of "rapid
diagnostics" of microbes, and opens a potentially vast market to NanoLogix.
One of the foremost biomedical research centers in the U.S. recently
verified that the BNP™ detected anthrax cultures four times faster, and
bubonic plague two times faster than traditional Petri plate methods.
NanoLogix in-house lab tests have detected E coli, Staph and other
microbial cultures up to six times faster than traditional Petri
technology.
Worldwide, the overall use of industrial microbiology testing grew to 1.5
billion tests in 2008. In dollar volume, the market for rapid diagnostics
tests alone is projected to reach $3.15 billion by 2010.
Information on the BNP™ technology and testing is available at the
following link: www.nanologix.com
The BNP™ can be used in any field or industry that requires
microbiological testing utilizing traditional Petri methods. In addition
to Homeland Security and Defense arenas, this includes application in
medical, governmental, environmental, food, water and beverage, industrial,
and pharmaceutical laboratories and manufacturing facilities. With the
ability to detect microbes in a fraction of the standard time, the BNP™
can save time, money and lives.
Uses
Homeland Security and Defense: More rapid confirmation of biological
agents can speed decontamination procedures. Public, governmental and
industrial buildings, airports, military and civilian equipment can return
to use faster and with reduced complications.
Disease Detection and Treatment: Ultra-fast test results enable viewing of
pathogens at a much earlier stage than with conventional Petri methods.
The BNP™ can contribute to improved and more targeted disease treatment
and assist in the prevention of the spread of disease. Antibiotic-resistant
microorganisms are a fast-growing medical problem. Currently it takes as
long as 1-3 days to identify these bacteria from patient samples. BNP™
can shorten this time significantly.
Drug Manufacturing and Testing: The BNP™ can be used to reduce time
needed to screen pharmaceutical products during the production process.
Monitoring of the processes for growth of microorganisms and contamination
control must be done several times during manufacture.
Personal Care Products: The BNP™ can aid in the quality control of
products such as shampoo and hair conditioner, mouthwash, cosmetics,
toothpaste, shower gels containing natural or organic ingredients.
Veterinary Medicine: Using the BNP™, microbiological safety of animal
foods may be confirmed at two to six times the speed of conventional tests.
This could impact all levels of animal production, from raising animals to
processing and distribution.
Food and Beverage Industries: Contamination of dairy and vegetable products
by microbes such as botulism, salmonella, and brucellosis can halt
processing and distribution, damage a brand, and lead to costly recalls.
Many foods and beverages have a restricted storage time, often just a few
days. By reducing testing times, the BNP™ can add to the market life of
products.
Water Safety and Environmental Testing: The BNP™ can rapidly detect
giardia, legionella, and other pathogens from fecal matter. The faster the
detection, the sooner prevention or water treatment methods can be
implemented.
About NanoLogix, Inc.
NanoLogix is a biotechnology company focused primarily on medical
diagnostics. Its products offer accelerated detection and identification of
microorganisms present in infectious and non-infectious human diseases,
such as tuberculosis, NTM, pneumonia, HIV/AIDS, cancer, cystic fibrosis,
anthrax, and plague. In addition to medical, Defense, and homeland security
applications, NanoLogix technology is applicable in pharmaceutical,
industrial, veterinary and environmental testing.
Patents granted to NanoLogix can be used in the areas of applied
microbiology, soil microbiology and bioremediation, microbial physiology,
molecular biology, pharmacology, pharmaco-kinetics, antibiotic sensitivity,
stem-cell research, and bioreactor-based hydrogen generation.
More information on NanoLogix is available at: www.nanologix.com
This press release contains statements, which may constitute
"forward-looking statements" within the meaning of the Securities Act of
1933 and the Securities Exchange Act of 1934, as amended by the Private
Securities Litigation Reform Act of 1995. Those statements include
statements regarding the intent, belief or current expectations of
NanoLogix, Inc., and members of its management as well as the assumptions
on which such statements are based. Prospective investors are cautioned
that any such forward-looking statements are not guarantees of future
performance and involve risks and uncertainties, and that actual results
may differ materially from those contemplated by such forward-looking
statements. The Company undertakes no obligation to update or revise
forward-looking statements to reflect changed assumptions, the occurrence
of unanticipated events or changes to future operating results.