ROCHESTER, N.Y., May 17, 2011 (GLOBE NEWSWIRE) -- NaturalNano, Inc. (OTCBB:NNAN) () announced the election of Howard Crosby to NaturalNano's Board of Directors. His extensive background and contacts in mining will benefit NaturalNano.
NaturalNano's Acting CEO & President James Wemett said, "Mr. Crosby has expertise in the field of nanoclays and commercialization." Wemett continued, "His contributions to our commercialization strategy and his market knowledge makes him a great asset."
Mr. Crosby stated, "I look forward bringing my business skills to NaturalNano and their market opportunity for halloysite nanotubes. This new role lets me use my many years of experience in nanoclay materials to help a company grow its customer base."
Mr. Howard Crosby
Mr. Howard Crosby is the President of Crosby Enterprises, Inc. and is the co-founder of US Silver (TSX-V:USA), High Plains Uranium and Western Goldfields (now, New Gold). He currently serves on the board of the following public companies: Senetek PLC and White Mountain Titanium Corp.
NaturalNano, Inc. (OTCBB:NNAN) is a materials science company focused on developing and commercializing advanced nanocomposites. The Company is focused on additive technologies and processes, including their proprietary Pleximer that adds value to industrial polymers, plastics and composites. NaturalNano holds and licenses 24 patents and applications, as well as proprietary know-how for extraction and separation processes, compositions, and derivatives of Halloysite. www.naturalnano.com
Cautionary Statement Regarding Forward-Looking Statements: Contains forward-looking statements regarding future events and future performance that involve risks and uncertainties that could materially affect actual results. This information is qualified in its entirety by cautionary statements and risk factors disclosure contained in certain of NaturalNano's filings with the Securities and Exchange Commission. The most recent annual reports on Form 10-K and quarterly reports on Form 10-Q filed by NaturalNano provide information about these factors, which may be revised or supplemented in future reports to the SEC on those forms or on Form 8-K. We caution investors not to place undue reliance on forward-looking statements, and we do not undertake any obligation to update or otherwise revise any forward-looking statements, whether as a result of new information, future events, or other such factors that affect the subject of these statements, except where expressly required by law.
CONTACT: Jim Wemett 585-267-4848 info@naturalnano.com