UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED):
FEBRUARY 13, 2006
NATURALNANO, INC.
(Exact name of registrant as specified in its charter)
NEVADA 000-49901 87-0646435
(State or other jurisdiction (Commission File No. (I.R.S. Employer
of incorporation) Identification No.)
150 LUCIUS GORDON DRIVE, SUITE 115
WEST HENRIETTA, NEW YORK 14586
(Address of principal executive offices)
(585) 214-8005
(Registrant's telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
|_| Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
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Item 7.01 Regulation FD Disclosure
On February 13, 2006, we issued a press release entitled "NaturalNano Licenses
Key Patent for Selective Wireless Access in RF Shielded Environments." The press
release is filed herewith as exhibit 99.1 and is incorporated herein by
reference.
Item 9.01 Financial Statements and Exhibits
(c) Exhibits
Number Exhibit
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99.1 Press release dated February 13, 2006 entitled "NaturalNano Licenses
Key Patent for Selective Wireless Access in RF Shielded
Environments"
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
NATURALNANO, INC.
Dated: February 13, 2006 By: /s/ Kathleen A. Browne
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Kathleen A. Browne
Chief Financial Officer
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Exhibit 99.1
PRESS RELEASE
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NATURALNANO LICENSES KEY PATENT FOR SELECTIVE WIRELESS
ACCESS IN RF SHIELDED ENVIRONMENTS
TECHNOLOGY COMPLEMENTS COMPANY'S UNIQUE RADIO FREQUENCY SHIELDING
TECHNOLOGY UTILIZING HALLOYSITE NANOTUBES
ROCHESTER, NY -- (PRNEWSWIRE) -- FEBRUARY 13, 2006 -- NaturalNano, Inc. (OTCBB:
NNAN) (FWB: N3N), a company whose primary business is discovering, refining, and
marketing naturally occurring nanomaterials, announced today that it has
exclusively licensed technology that allows for selectively turning on or off
access to radio signals, such as those used by cell phones or wireless computer
networking devices, in areas that otherwise are shielded from those signals.
NaturalNano licensed U.S. Patent No. 6,885,845, entitled "Personal
Communications Device Connectivity Arrangement" from AMBIT Corporation. This
patent complements the Company's current research and development efforts in RF
shielding. The license extends to all fixed, non-mobile applications of this
technology.
Michael Riedlinger, President of NaturalNano, said, "Exclusive access to this
patent for fixed installations allows NaturalNano to offer a RF shielding
solution utilizing its pre-loaded natural halloysite nanotubes technology
combined with the ability to selectively turn on and off the impact of such
shielding. This in turn enables authorized users to log onto a private network
in an area that is otherwise RF shielded. Depending on the specific user
requirements, this technology provides the framework for a potential new revenue
stream into a facility's networking solutions for prospective customers and
visitors. This technology also allows the facility operator to potentially
charge fees for wireless access within an otherwise RF shielded environment. In
addition, many existing structures including concert and convention halls, movie
theaters, and other buildings could benefit from enhanced control over outside
radio frequency radiation with a passive, cost-effective solution."
Robert J. Crowley, President and Co-founder of AMBIT Corporation, was formerly
the Director of R&D for Boston Scientific Corporation's Imaging and Sensing Lab,
which developed the first human-rated IVUS system, and did the first-ever IVUS
imaging in atherosclerotic arteries. His group also developed several other
diagnostic and therapeutic technologies for Boston Scientific Corporation.
Mr. Crowley said, "We are pleased to have licensed this important technology to
NaturalNano to complement their recent innovations in RF shielding technologies.
We believe that there is a strong market need for intelligent cellular and WIFI
control in fixed locations such as school buildings, offices, and in military
applications and NaturalNano is the right company to bring these technologies to
the marketplace." Crowley continued, "Until now, there has not been a practical,
profit generating cellular shielding system that can be turned on or off. Unlike
illegal jamming, our system monitors and controls the flow of radio, cellular
and WIFI signals into a building and has a built-in billing function, too. The
license to NaturalNano includes AMBIT Corporation's technologies to direct and
route revenue-generating information streams in a shielded environment."
The use of metalized halloysite nanotubes for RF shielding came about as a
result of a NaturalNano research and development program. Experimental trials
included creation of a spray coating embedded with copper-filled halloysite
nanotubes. The resulting material demonstrated significant RF signal strength
reduction capability.
NaturalNano's spray-on shielding formulation, when applied to the walls of a
room, may provide a passive blocking agent for radio frequency (RF) energy.
Creating RF shielded environments has typically involved extensive use of
conductive wiring and construction materials, a labor and capital intensive
undertaking. NaturalNano believes that this new approach to creating a shielded
environment, using a spray-on formulation, may provide an effective application
solution on a much more cost-effective basis. This technology is particularly
applicable to existing and non-mobile rooms because of the high costs associated
with retrofitting an existing room to make it a passively RF shielded
environment using current RF shielding techniques.
NaturalNano has rights to multiple issued and pending patents that cover
processes, compositions, and derivatives for the nanotubes found in halloysite
clay. More than 200 different commercial applications have been identified to
date. The Company is also developing proprietary, patent-pending extraction,
separation, and classification technologies to enable production of more uniform
nanotubes to meet the higher standards required for advanced applications of the
naturally occurring nanotubes. These include precise, controlled, and extended
release of application-specific additives for use with cosmetics, polymers and
plastics and other areas.
To learn more about NaturalNano and to view a diagram of the RF shielding
application, please visit www.naturalnano.com.
ABOUT AMBIT CORPORATION
AMBIT Corporation, founded in 1993, is a technology and intellectual property
development firm active in cellular, computer, and nanotechnology fields. The
company researches, designs and invents new platform technologies relating to
wireless information distribution systems, human-machine interface sensors,
computer keyboarding apparatus, carbon nanotube based electronics, nanotube
antenna arrays, and optical devices. AMBIT Corp. conducts its Research and
Development at universities and at laboratories located in Massachusetts.
Website: http://www.AMBITcorp.com.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
Certain statements included in this press release may constitute forward-looking
statements within the meaning of applicable securities laws. These statements
reflect what NaturalNano anticipates, expects, or believes may happen in the
future. NaturalNano's actual results could differ materially from the outcome or
circumstance expressed or implied by such forward-looking statements as a result
of a variety of factors including, but not limited to: NaturalNano's ability to
develop its technologies; the approval of NaturalNano's patent applications; the
successful implementation of NaturalNano's research and development programs;
the ability of NaturalNano to demonstrate the effectiveness of its technology;
the acceptance by the market of NaturalNano's technology and products
incorporating such technology, the ability of NaturalNano to effectively
negotiate and enter into contracts with third parties for the licensing of
NaturalNano's technology; competition; the ability of NaturalNano to raise
capital to fund its operating and research and development activities until it
generates revenues sufficient to do so; and the timing of projects and trends in
future operating performance, as well as other factors expressed from time to
time in NaturalNano's periodic filings with the Securities and Exchange
Commission (the "SEC"). As a result, this press release should be read in
conjunction with NaturalNano's periodic filings with the SEC which are
incorporated herein by reference. The forward-looking statements contained
herein are made only as of the date of this press release, and NaturalNano
undertakes no obligation to publicly update such forward-looking statements to
reflect subsequent events or circumstances.
ABOUT NATURALNANO, INC.
NaturalNano, Inc. (OTCBB: NNAN)(FWB: N3N) is a materials science company
developing unique and proprietary processes for refining naturally occurring
nanotubes and other nanomaterials that add competitive properties to a range of
applications. These include additives to cosmetics and personal care products,
and absorbent materials, as well as: electromagnetic interference shielding,
specialty coatings, and material additives for industrial polymers, plastics and
composites. NaturalNano possesses broad intellectual property rights and
proprietary know-how for extraction and separation processes, compositions, and
derivatives of halloysite and other nanotubes. For more information, please
visit www.naturalnano.com.
Media Contacts:
NaturalNano Inc. Jennifer Gould
Bobbi Drew JGould@rubensteinpr.com
Bobbi@naturalnano.com 212-843-8037
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585-214-8172