SPRINGDALE, Ark., Dec. 9, 2010 (GLOBE NEWSWIRE) -- Advanced Environmental Recycling Technologies, Inc. (OTCBB:AERT), announced today a partnership with Arkansas-based NanoMech, Inc. involving development and initial product testing of advanced eco-friendly composite construction materials. The products will extend AERT's competitive edge in the sustainable building materials market.
AERT began working in Spring 2010 on nanotech enhanced product development in conjunction with NanoMech, a leading worldwide nanoparticle designer and product manufacturer. NanoMech is led by Chairman Jim Phillips and CEO Keith Blakely, with headquarters at the Enterprise Center in Fayetteville at the University of Arkansas and manufacturing plant and laboratories in Springdale. NanoMech's technology was developed by Founder and CTO Dr. Ajay P. Malshe and the NanoMech team. Both companies have worked with Arkansas Economic Development Commission (AEDC) to accelerate their programs.
"We were recently pleased to have the opportunity to present Governor Beebe in Little Rock with a sample of the first nano wood/plastic composite technology which we're proud to say was birthed in Arkansas," stated AERT Chairman, Joe G. Brooks. "We see a bright future for these new lines of 'green products' for both composites as well as advanced additives in recycled polyethylene compounds. Both companies are doing our part to move towards a sustainable world. Advancements in material science and NanoMech's innovative nano-technologies will shortly allow AERT to take a 'quantum leap' with a whole generation of new and innovative products," stated Brooks.
Added NanoMech Chairman Jim Phillips, "We are pleased to partner with AERT, a leader in the composite building materials industry, to create the future for environmentally sound construction materials with advanced functional performance. By controlling and manipulating matter at the atomic and molecular level, NanoMech is able to create great advances in composite manufacturing through our patented nanoparticle solutions."
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About Advanced Environmental Recycling Technologies, Inc.
Since 1989, AERT (OTCBB:AERT) has pioneered the use of recycled polyethylene plastic in the manufacture of composite building materials. With its constantly evolving portfolio of patented and proprietary recycling technologies, AERT has been widely recognized as a leader in resource conservation innovation and received the EPA Award for Environmental Excellence for its process of converting scrap plastic to composite outdoor decking. The company recently received an ESGR Patriot Award for its support of our Guard and Reserve Units in the U. S. Armed Forces. AERT converts reclaimed plastic and wood fiber waste into quality outdoor decking systems, fence systems, and door and window components. The Company is the exclusive manufacturer of ChoiceDek(r) decking, which is available in multiple colors and is sold in Lowe's Home Improvement stores nationwide. See http://www.choicedek.com for more information. AERT's MoistureShield(r) decking program is expanding and products are now available throughout the U.S. See http://www.moistureshield.com for product information or to find a regional distributor or dealer. AERT operates manufacturing facilities in Springdale and Lowell, Arkansas and recently commenced operations at its Green Age recycling facility in Watts, Oklahoma. Investors can access real-time stock quotes and information at http://www.otcmarkets.com. For more information on the Company, visit http://www.aertinc.com. Sign up to receive investor information, including press releases, via email by visiting http://aert.com/ir/contact.aspx .
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Certain statements in this news release regarding projected results of operations, or, projected results of financial plans or future strategies and initiatives, including, but not limited to, projections of revenue, projections of profitability, any and all future expectation, and plans for future activities may and should be regarded as ``forward-looking statements'' within the meaning of the Securities Litigation Reform Act. These statements involve, among other things, known and unknown risks, uncertainties and other factors that may cause AERT, Inc.'s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. AERT currently is considering, but may or may not in the future implement any or all of the items and issues listed in any planned budget or strategic initiative, due to, among other things, known and unknown risks, uncertainties and other factors.
AERT, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, change in strategy, or otherwise. The above-mentioned listing of risks and uncertainties is not inclusive. For a more detailed discussion of some, but not all, of the risks and uncertainties that may affect AERT, Inc., see AERT, Inc.'s filing with the Securities and Exchange Commission, including its Annual Report on Form 10-K, for the fiscal year ended December 31, 2009.
About NanoMech Inc.
NanoMech, a technology company based in Fayetteville, AR, with manufacturing facilities and labs based in Springdale, Arkansas, is a leading designer and manufacturer of innovative application-specific nanoparticle additives, nanoparticle-based coatings and coating deposition systems. NanoMech is bringing these technologies to the global market through its TuffTek®, NanoGlide®, and nGuard products. The company was recently recognized for "Excellence in Innovation" by the U.S. Department of Commerce. NanoMech's technologies also have been recognized by the editors of R&D Magazine in their selection of the 25 best micro- and nanotechnologies of 2006, and company was the 2005 recipient of a Frost & Sullivan award for excellence in technology. NanoMech, which began operation in 2002, is becoming a world leader in nanomanufacturing innovations and product development with a strong emphasis on practical technologies scalable for efficient mass production of high performance functional products. Numerous patents and patents pending cover NanoMech's suite of nanotechnologies and nanomanufacturing processes. NanoMech's core competencies include nanoparticle-based additives and coatings, coating deposition processes and systems, and nanomaterials integrated procuts and analysis. Working closely with centers of excellences and universities, particularly the University of Arkansas, key industry partners and government agencies, NanoMech is already bringing products to market with very significant economic and performance advantages in metal cutting, lubrication, and anti-microbial solutions. For more information, please visit .
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CONTACT: AERT Sarah Piazza 479-203-5084 www.aertinc.com/ir NanoMech Angela Hurt 479-695-8100 email@example.com