NaturalNano, Inc. (OTCBB:NNAN) (Frankfurt:N3N) announced today that it had supplied samples of its Halloysite Nano Tube Technology ("HNT") containing key ingredients for cosmetic products for three of the world's leading cosmetic firms.
The samples were prepared at the NNAN facility in Rochester NY during the fourth quarter 2010. NaturalNano's HNT are environmentally friendly components that can be incorporated into a range of cosmetic products utilizing NaturalNano's patented technology.
NaturalNano's Acting CEO & President James Wemett said, "NaturalNano is very pleased to initiate these relationships for additional applications of our HNT. This activity provides an introduction to our HNT technologies to these leading cosmetic companies. It enables us to assess additional cosmetic applications for HNT and build on our established relationship with Fiabila S.A., a world leader in the manufacture of nail polish for a number of well known brands. Wemett continued, "It also provides NNAN with additional revenue for the fourth quarter, 2010. We look forward to continuing to explore additional applications for the use of NNAN with these well known cosmetic companies."