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PASO, Texas, Feb. 13, 2006 (PRIMEZONE) -- Nanoforce,
Inc. (Pink Sheets:NNFC) announced today that it has
acquired all right, title, and interest to a unique
bundle of intellectual property assets including
24 issued or pending patents relating to "nanomaterials" and
their "uses". The acquisition of the nanotechnology
package follows the recent merger with petroleum
technology company, Refinery Science Corp. Nanoforce
CEO David Rendina said, "The addition of this fundamental
nanotechnology to Nanoforce's IP portfolio is a major
step towards achieving the Company's mission to procure
and capitalize on advances in material science to
develop practical commercial applications for nanotechnology."
Rendina further reports that one key objective for
the Company is to license the technology to companies
strategically poised for growth in industries such
as petroleum extraction and refining, air and water
purification, electricity generation, and agriculture.
Dr.
Russell R. Chianelli, a leading expert in the field
of material science and Director of the Materials
Research and Technology Institute of the University
of Texas at El Paso, states, "The recent procurement
of this nanotechnology IP package, by Nanoforce,
is a judicious move that will continue to benefit
and position the company as a leader in the industry
for years to come."
The Company
Nanoforce, Inc. is a company founded to support
the development, and acquisition of exciting new
products that integrate fundamental developments
in Nanotechnology. The Nanotechnology industry is
in its infancy and provides a wealth of opportunity
for companies that position themselves well now to
profit from the burgeoning opportunities that will
be provided by nanotech produced products in the
near future.
The
foregoing contains forward-looking statements based
on management's expectations, estimates, projections
and assumptions. Words such as "expects," "anticipates," "plans," "believes," "scheduled," "estimates" "objectives" and
variations of these words and similar expressions
are intended to identify forward-looking statements.
Forward-looking statements are made pursuant to the
safe harbor provisions of the Private Securities
Litigation Reform Act of 1995, as amended. These
statements are not guarantees of future performance
and involve certain risks and uncertainties, which
are difficult to predict. Therefore, actual future
results and trends may differ materially from what
is forecast in forward-looking statements due to
a variety of factors.
This press release is not an offer to sell securities
or the solicitation of an offer to buy securities,
nor shall there be any sale of securities in any
jurisdiction in which such offer, solicitation or
sale would be unlawful prior to registration or qualification
under the securities laws of such jurisdiction.
CONTACT: Nanoforce, Inc. Kate Rendina (915) 313-9391
(915) 313-9391, Fax nanoforce1@msn.com www.nanoforcetechnologies.com
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