Broken promises and seemingly lies, dirty downright apparent lies. Now, lets talk bacterial action, as I had saaid, screw the Ligands: wwwa.canada-stockwatch.com Manhattan Scientifics to Acquire Los Alamos Labs' Ultra-Efficient Water Filter Technology for Consumer Use
Manhattan Scientifics to Acquire Los Alamos Labs' Ultra-Efficient Water Filter Technology for Consumer Use
LOS ALAMOS, N.M., Sep 15, 1999 (BUSINESS WIRE) --
New Nanoporous Polymer Molecular Filter Capable of Removing Carcinogens from Drinking Water
Manhattan Scientifics, Inc. (OTC BB: MHTX) announced today that it has acquired an exclusive option to license the worldwide consumer rights to an ultra-efficient nanoporous polymer water filtering technology developed at the Los Alamos National Laboratory (LANL). Manhattan Scientifics intends to participate with a major industrial corporation in a cooperative research and development agreement (CRADA) with the Los Alamos National Laboratory to complete the commercialization of this technology and its future applications and products.
The technology has the ability to reduce concentrations of organic compounds in water to parts-per-trillion levels. As a comparison, the binding between organic contaminants and the nanoporous polymer is 100, 000 times greater than the binding between contaminants and the widely used activated carbon filters. Accordingly, in lab experiments a filter constructed of this "Nano sponge" will trap many carcinogens, which are not normally filtered with carbon products. Unlike activated carbon, the polymers do not allow leaching of the organic contaminants once they are trapped. However, a simple alcohol rinse will release organic contaminants from the polymer allowing the filter material to be used time and time again.
Marvin Maslow, chief executive officer of Manhattan Scientifics, said, "Many consumers now pay more for bottled water in the supermarket than they pay for gasoline. Our intention is to reverse this trend by bringing a low cost, re-usable water filtering device to the market and to bring pure drinking water costs back to a real-world alignment. The advantages over existing filtration devices for the consumer and restaurant markets are significant. We are hopeful that we, together with our intended "development partner" will enable us to work together to design consumer applications utilizing these cyclodextrin polymer separation materials. We plan to follow with active consumer product introductions."
Maslow said, "These arrangements with LANL represent our fourth major technology initiative. We are confident we can successfully shepherd these diverse undertakings because of the business model that we have developed. The model is based on establishing strategic alliances with scientists and technical experts together with corporate partners who have the ability to provide the capital, manufacturing and marketing to transform these technology initiatives into successful and profitable businesses. The technologies that Manhattan Scientifics chooses to adopt and eventually commercialize must be proprietary, unique, have the potential for significant breakthrough and have significant global profit implications."
Manhattan Scientifics option to license the technology is renewable for one year following the initial six-month option period. The option periods will allow time to pursue product exploration and partnering opportunities. If the studies measure up to required standards, Manhattan Scientifics intends to exercise its option to secure full exclusive license from the Los Alamos Laboratory.
Cindy Boone, a spokesperson for LANL, said, "Our decision to offer the exclusive option covering consumer applications of the nanoporous polymer technology to Manhattan Scientifics was based upon our assessment of the management level of aggressiveness in pursuing market opportunities. Within the past year we watched this Los Alamos-based high tech group enter into the fuel cell arena and participate in two cooperative research and development agreements with LANL, one dedicated to developing the long sought-after media for holographic data storage and the other in portable fuel cell energy for consumers area."
The goal of the CRADA is to improve and investigate cyclodextrin polymer separation materials in both liquid and gas applications. If successful, Manhattan Scientifics anticipates development of several new product lines based on licensing the LANL patents. i.e. home water filtering to provide the consumer with ultra-pure drinking water and possible elimination of swimming pool chemicals. The filtering aspects concerning "gas" will lead to exploration of NanoSponge filters and their potential to eliminate indoor pollutants as well as to filter smoke and odors from restaurants, offices and homes.
Manhattan Scientifics, Inc. develops and commercializes proprietary technologies to advance consumer and commercial electronics. These include micro fuel cell technology for portable electronic devices, holographic media for data storage, and Internet-based image management systems. Its research headquarters are in Los Alamos, New Mexico, and its business offices are located in New York City. Copies of Manhattan Scientifics press releases, current quotes, stock charts and other information for investors may be found on the Web sites www.mhtx.com and www.hawkassociates.com. For further information, contact Manhattan Scientifics CEO Marvin Maslow (917) 923-3300. The business address of Manhattan Scientifics, Inc. is 641 5th Avenue, New York, N.Y. 10022; (212) 752-0505/ Fax (212) 752-0077.
The foregoing press release contains forward-looking statements, including statements regarding the company's expectation of its future business. These forward looking statements are based largely on the company's expectations and are subject to a number of risks and uncertainties, such as successfully completing the research and development with respect to the micro fuel cell and other technologies, successfully commercializing the micro fuel cell and holographic storage devices for mass production, successfully protecting the company's patents, and effective significant industry competition from various entities whose research and development, financial, sales and marketing and other capabilities far exceeds the company's. In light of these risks and uncertainties there can be no assurances that the forward-looking statements in this press release will in fact transpire or prove to be accurate.
Copyright (C) 1999 Business Wire. All rights reserved. -0- CONTACT: Media Relations Contact: Stanton Crenshaw Communications Peter Engel, 212/780-1900 ext. 853 Email: pengel@stanton-crenshaw.com stanton-crenshaw.com or Institutional Investor Relations: Hawk Associates Frank Hawkins/Julie Marshall, 305/852-2383 Email: Fhawk@hawkassociates.com hawkassociates.com WEB PAGE: businesswire.com GEOGRAPHY: NEW MEXICO INDUSTRY CODE: FOODS/BEVERAGES
Chucka- I forgot to sell my OTHER HALF...LOL...is it tooo late??? ? I just heard that someone just told me that THE PILE I took a picture of..is NOT the Hassey Ore Pile...this is the gate I talked to Palmer and Skinner at in May 1998 and this is the HOP that they said was such then....anyone else been there? Also, Dennis asked me not to post these pictures at one time when I sent them to him when Tin was talking Water Permits and such...THEY LET us down, I let myself and you DOWN, so sorry: Date: Thu, 04 Nov 1999 09:32:49 -0500 >To: chucalo@aol.com >From: Chucka Marshall <bondee@ici.net> >Subject: I might just post this...I sleep 18 weeks out of 100 camped out at AZ/NV >Uploaded file "gpgi01.jpg" May 98 Pixs geocities.com
geocities.com Next 2 don't work, but #5 does open up. geocities.com geocities.com >We need to truck in some C- Butte Zeolite for disposal purposes, LOL: geocities.com > Uploaded file "gpgi05mess.jpg" > Uploaded file "gpgi06llmes.jpg" > Uploaded file "gpgi08alfalfha.jpg" |