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EX-99.1 - EXHIBIT 99.1 - Shrink Nanotechnologies, Inc. | ex991.htm |
8-K - INKN FORM 8-K (5-3-10) - Shrink Nanotechnologies, Inc. | inknform8k050310.htm |
EX-10.1 - EXHIBIT 10.1 - Shrink Nanotechnologies, Inc. | ex101.htm |
EX-99.2 - EXHIBIT 99.2 - Shrink Nanotechnologies, Inc. | ex992.htm |
EX-10.2 - EXHIBIT 10.2 - Shrink Nanotechnologies, Inc. | ex102.htm |
EX-99.4 - EXHIBIT 99.4 - Shrink Nanotechnologies, Inc. | ex994.htm |
SHRINK
NANOTECHNOLOGIES' NANOSHRINK™ USED
TO
PRODUCE SUPERIOR PROTOTYPES
Results
of Study Published in 'Lab on a Chip,' a Royal Society of Chemistry
Journal
CARLSBAD, CA – MAY 4, 2010 –
Shrink Nanotechnologies, Inc. (“Shrink”) (OTCBB:INKN); (OTCBB: INKND), an
innovative nanotechnology company developing products and licensing
opportunities in the solar energy production, medical diagnostics and sensors
and biotechnology research and development tools businesses, announced today
that its proprietary NanoShrink™ material has shown to produce superior
microfluidic and point-of-care test prototypes in a landmark study conducted by
the University of California Irvine's (UCI) Department of Biomedical
Engineering. The UCI findings were published in the article, “Better Shrinkage
than Shrinky-Dinks” online on March 24, 2010 in a leading academic journal, “Lab
on a Chip,” a Royal Society of
Chemistry Journal. To read the article, please visit the Company's
website at www.shrinknano.com.
The
article highlighted the benefits of prototyping using the proprietary
NanoShrink™ material. An excerpt from the Lab on a Chip article states,
“While intricate features are typically realized in these thermoplastics by hot
embossing and injection molding, such fabrication approaches are expensive and
slow. Here, we apply our shrink-induced approach … to create micro- and
nano-structures with cross-linked polyolefin thin films. These multi-layered
films shrink by 95% … and with greater uniformity …” Additionally,
“With such significant reduction in size, along with attractive material
properties, such commodity films could find important applications in low cost
microfluidic prototyping as well as in point-of-care diagnostics.”
Shrink
intends to use the NanoShrink™ material as a platform from which users around
the world would be able to develop individualized applications in a broad range
of industries. This is a similar approach to the one employed by
Apple when launching the iPhone as a result of the thousands of applications (or
“apps”) which have resulted from 3rd
party development of the iPhone platform. Shrink intends to
facilitate development by continuing to innovate and provide the NanoShrink™
user base with NanoShrink™ in a multitude of formats – plain, metalized, doped
or impregnated, single and multi-layered, surface treated and surface
structured. NanoShrink™ will come in a variety of sizes and
characteristics depending on the desired performance
characteristics. Moreover, Shrink will provide a web-based user
community to facilitate collaboration and dissemination of the important science
being performed using the NanoShrink™ platform and materials.
Shrink
Nanotechnologies CEO Mark L. Baum stated, “In terms of explaining NanoShrink™ as
a product, because many of the identified uses are ‘single use’ – particularly
the biological, life science and diagnostics applications – one could view the
material as a ‘throw away’ – almost like a razor blade, which is used to create
a desired device and then disposed of. As more uses are identified
and as more applications are prototyped in the material, it will be Shrink’s job
to provide the market with the NanoShrink™ material, to aggressively innovate
the NanoShrink™ product line and facilitate collaboration between NanoShrink™
users.”
The
Company believes that growth for the NanoShrink™ material will be facilitated as
the NanoShrink™ user base collaborates and publishes – in the same manner that
Dr. Khine wrote the present Lab on a Chip
article. When potential NanoShrink™ users read this article, they
will want to replicate the studies and design additional experiments on their
own. This “spiraling” or “viral” effect will hopefully create greater
demand for NanoShrink™ material.
While the
NanoShrink™ community of users is growing, Shrink will also continue to
internally develop additional proprietary applications for NanoShrink™ material
– in the biotechnology research tools space, for human and animal diagnostics,
environmental sensors and lastly as a base material for Shrink’s unique and
patent-pending solar concentrator designs. The Company continues to
find important applications for NanoShrink™ and looks forward to revealing
additional applications as they are closer to
commercialization. Shrink does intend to discuss the first commercial
NanoShrink™ based devices in more detail in short order, as they are closer to
being offered in the market.
To learn
more about Shrink Nanotechnologies, Inc. or to download the most up-to-date
shareholder kit, please visit at www.shrinknano.com.
About
Shrink Nanotechnologies, Inc.
Shrink is
a first of its kind FIGA™ organization. FIGA companies bring together diverse
contributions from leaders in the worlds of finance, industry, government and
academia. Shrink’s technologies and solutions, including its diverse advanced
plastic substrates, nano-devices and biotech research tools, among others, are
designed to be ultra-functional and mechanically superior in the solar energy,
environmental detection, stem cell research tools and biotechnology device
markets. The Company’s products are based on a pre-stressed plastic called
NanoShrink™, and on a patent-pending manufacturing process called the ShrinkChip
Manufacturing Solution™. Shrink’s unique materials and manufacturing solution
represents a new paradigm in the rapid design, low-cost fabrication and
manufacture of nano-scale devices for numerous significant markets.
Shrink is
not affiliated with Apple Corporation or the iPhone.
To learn
more about Shrink Nanotechnologies, Inc. or to download the most up-to-date
shareholder kit, please visit at www.shrinknano.com.
Statements
contained herein that are not historical facts may be forward-looking statements
within the meaning of the Securities Act of 1933, as amended. Forward-looking
statements include statements regarding the intent, belief or current
expectations of the Company and its management. Such statements are estimates
only. Actual results may differ materially from those anticipated in this press
release. Such statements reflect management's current views, are based on
certain assumptions and involve risks and uncertainties. Actual results, events,
or performance may differ materially from the above forward-looking statements
due to a number of important factors, and will be dependent upon a variety of
factors, including, but not limited to Shrink's ability to obtain additional
financing, secure defendable patent rights, to build and develop markets for
Shrink's technologies and products and to finalize a commercial stem cell
research tool product. These factors should be strongly considered when making a
decision to acquire or maintain a financial interest in Shrink, including
consulting with a FINRA registered representative prior to making such decision.
Shrink undertakes no obligation to publicly update these forward-looking
statements to reflect events or circumstances that occur after the date hereof
or to reflect any change in Shrink's expectations with regard to these
forward-looking statements or the occurrence of unanticipated events. Factors
that may impact Shrink's success are more fully disclosed in Shrink's most
recent public filings with the U.S. Securities and Exchange
Commission.
Contact:
For
Shrink Nanotechnologies
Mark L.
Baum, Esq.
760-804-8844
x205
See
also:
http://www.shrinksolar.com/blog/
http://www.shrinknano.com/products/product-tools
http://www.shrinknano.com/products/product-diagnostics
http://www.shrinknano.com/tech
http://www.shrinknano.com/tr35-a-children%E2%80%99s-toy-inspires-a-cheap-easy-production-method-for-high-tech-diagnostic-chips
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