Inc. (ANI) (PINKSHEETS: APNN), a nanotechnology-based filtration company,
today issued a progress update to its investors on a broad array of company
efforts, including continued advances toward producing the disposable NanoFense™
Protective Face Mask, designed to offer superior protection against a broad
spectrum of harmful virus, bacteria and fungi.
Applied Nanoscience Inc. has completed initial efforts to coat rolls of filter
media specified by their Asia Pacific mask partner at an unidentified coating
company in the region. This now has accelerated the timeline for supplying the
specified hydrophobic media pre-coated with the company's NanoFense formulation,
a proprietary antimicrobial nanoparticle filter coating developed by ANI. "This
advancement successfully demonstrates a critical internal control which will
further protect the company's significant Intellectual Property investment and
is a clear indication that ANI is nearing the point of having the ability to
supply coated filter media incorporating our technology. This represents the
accomplishment of a previously unforeseen security step in the company's role
of providing our independently verified technology in a practical and dersirable
form," stated Thomas K. Allen, President and CEO - ANI. He is scheduled
to leave again for Asia in late January 2010 with the goal of finalizing these
ANI has also initiated testing efforts at two additional laboratories relating
to broadening product claims and new patent application(s). Both testing projects
are scheduled for completion by the end of January 2010. In addition, ANI continues
to stay focused on U.S. patent efforts tied to its NanoFense formulation as
well as the NEFT™ platform.
The revolutionary disposable NanoFense Protective Face Mask will be made available
as soon as possible in an effort to help protect people in some of the most
heavily populated parts of the world. The company anticipates the reporting
of related revenues during the first quarter of 2010. It will be sold in many
of the countries where ANI has issued patents protecting their broad NEFT platform.
The patent coverage includes three main methods of associating nanoparticles
with filter media: (1) coating the filter media with a powder of nanoparticles,
(2) impregnating the nanoparticles into the filter media, and (3) having pellets
of nanoparticles located adjacent to the filter media.