Thursday, April 29, 2010

Shrink Nanotechnologies, Inc. (INKN.OB) Launches NanoShrink Technology for Biological, Biomechanical and Alternative Energy Industries

Shrink Nanotechnologies Inc., a provider of materials, technology and manufacturing solutions, today announced the launch of its proprietary advanced shrinkable plastic material, to be branded under NanoShrink™.

The company owns exclusive licensing rights to several patent-pending technologies based on its proprietary manufacturing process, which will all be based, designed and deployed on its NanoShrink material.

As the name suggests, NanoShrink material naturally “shrinks” during heating, enabling complex structures to be designed at a macro-level, and then to be reduced with the same integrity and stability on a micro- or nano-scale for use in a broad range of industries.

“NanoShrink has been designed with a flexible multi-format architecture for use in the biological, biomechanical and alterative energy generation (solar) industries — with the assistance of our award-winning scientific founder Dr. Michelle Khine,” Mark L. Baum, CEO of Shrink Nanotechnologies stated in the press release.

Baum said Dr. Khine’s inventions have garnered attention in both academia and industry, and have resulted in what he calls a major breakthrough, eliminating the need for clean rooms and specific requirements needed to design devices that function at the nano scale.

“Prior to the introduction of NanoShrink, the equipment used to create the tiniest of microfluidic chips, for example, which are also known as ‘labs on a chip’ were extremely cost prohibitive. Production took days to complete and required a sterile environment. Our vision is for NanoShrink to help scientists and doctors to develop experiments and diagnostic tests to screen drugs in the drug discovery process and to assist in the identification of conditions like cancer and other infectious diseases,” he continued.
Shrink Nanotechnologies is currently seeking opportunities to get its NanoShrink products into the marketplace through strategic partnerships.

“We are now in the process of commercializing our numerous patent-pending NanoShrink-based product designs by establishing relationships with major industry players, leading academic researchers and global manufacturers in order to address each of our large and growing global markets,” Baum added.

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