ROCHESTER, N.Y., May 24, 2011 (GLOBE NEWSWIRE) -- NaturalNano, Inc. (OTCBB:NNAN) (), announced the election of Alex Ruckdäschel to NaturalNano's Board of Directors. His extensive background in the investment sector will benefit NaturalNano.
NaturalNano's Acting CEO & President James Wemett said, "Mr. Ruckdäschel's extensive expertise in business and capital markets will benefit NaturalNano." Wemett continued, "His involvement in one of the leading investment arms in nano technology, Nanostart, will bring market knowledge and many contacts to NaturalNano."
Mr. Alex Ruckdäschel stated, "I look forward to bringing my talent to NaturalNano and their patented technology. My many years of experience and relationships will benefit their commercialization of their Halloysite."
Mr. Alex Ruckdäschel
Alexander Ruckdäschel has many years extensive experience in international business and investment sector. He is a venture capitalist and also serves on the Board of Directors for several small cap companies. Alexander Ruckdäschel is a co-founder of Blue Rock-AG, a Swiss-based investment manager. Since 2003, Ruckdäschel has also served as an investment advisor to Nanostart AG. Founded in 2003, Nanostart quickly became the leading European venture investment firm in the area of nanotechnology.
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
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CONTACT: Jim Wemett info@naturalnano.com NaturalNano, Inc. 585-267-4848 Gabriel Rodriguez E Relations Group, Inc. 623-255-5750