CLEARWATER, Fla., June 29, 2005 (PRIMEZONE) -- Nanoforce Technologies, Inc. (Pink Sheets:NNFC) has announced that management is considering opportunities for expansion and is looking into additional commercial applications for nanotechnology. The constant innovations in this industry continue to open up numerous opportunities and management feels it is important to stay ahead of the curve in consistently re-evaluating potential new applications for this technology.
"This field continues to evolve on a daily basis and we would be remiss in our duties as a company if we did not continually search out new areas and applications for nanotechnology," remarked Nanoforce Investor Relations Manager, Jessica Binion. "This technology holds out a lot of promise from both a development and profit perspective and we are seeking to well-position the company to capitalize on these opportunities."
The Company
Nanoforce, Inc. is a company founded for the research and development of exciting new products integrating the fundamentals of developments in Nanotechnology. This industry is in its infancy phase and provides a wealth of opportunity for companies that have situated themselves well to profit from the burgeoning opportunities provided by nanotech produced products. Nanotechnology is the art of manipulating materials on an atomic or molecular scale especially to build microscopic devices. Nanotechnology is being utilized in the creation of commercially viable microtechnologies with such varied features including performing microsurgery without the need of invasive scalpel cuts, additives that make suntan lotion water repellant, designing self-repairing cars to creating stain proof fabrics.
This news release contains forward-looking statements regarding Nanoforce's business strategies and future plans of operations. Forward-looking statements involve known and unknown risk and uncertainties. The company's risks and uncertainties include: intense price competition, economic, political and regulatory uncertainties and the need to raise additional capital for growth and expansion. The forward-looking statements contained in this news release speak only as of the date hereof and Nanoforce disclaims any obligation to provide public updates, revisions or amendments to any forward-looking statements made herein to reflect changes in Nanoforce's expectations or future events.