NaturalNano Inc. (OTC Bulletin Board: NNAN, FWB: N3N), a company whose primary business is discovering, refining, and marketing naturally occurring nanomaterials, announced today the appointment of Sharell Mikesell, Ph.D., to its Board of Directors increasing the current number of directors to six. Dr. Mikesell's term on the board begins immediately.
Dr. Mikesell has 30 years of corporate leadership experience in global research & development and business operations. His background includes experience with polymer and material technologies in diverse positions with major companies including General Electric, Owens-Corning, and Advanced Elastomer Systems, L.P., an Exxon-Mobil subsidiary. Dr. Mikesell's responsibilities included the global technical leadership for product, process, and applications development as well as applied research and technical support to manufacturing and customers worldwide. In 2005, Dr. Mikesell was appointed Co-Director of the Center for Multifunctional Polymer Nanomaterials & Devices, Ohio's first state funded multi-university center in nanotechnology. He was previously named the first Executive Director of the Ohio Polymer Strategy Council in March 2001 and continues to serve in that role.
In welcoming Dr. Mikesell's appointment, Michael Riedlinger, NaturalNano president, stated, "Dr. Mikesell is an exceptional leader who is highly respected worldwide. His hard-earned business knowledge and technical know-how will firmly enhance NaturalNano's research direction and competitive position. We are pleased to have such a distinguished member of industry join us and look forward to leveraging his expertise and experience as we execute our growth plan."
Dr. Mikesell stated, "I am pleased to have joined the NaturalNano Board of Directors. The Company's nanotechnology product offerings are very unique and provide new solutions for exciting applications of interest to industry as well as possibilities for new products and new growth markets."
Dr. Mikesell has served on several corporate boards and advisory councils including:
- Corporate representative to the Industrial Research Institute
- Advancement Council for the College of Polymer Science and Engineering
at the University of Akron
- Research Advisory Council of NorTech
- Advisory Board of the Ohio Business Development Coalition
- Scientific Advisory Board of UTEK Corporation
- Board of Asahi Fiberglass in Japan, as an advisor to the Center of
Photochemistry at Bowling Green State University
- Advisor to the Chemical Engineering Department at the University of West
- Board of Trustees for the Ohio Polymer Enterprise Development, Inc.;
PolymerOhio, Inc.; the Edison Polymer Innovation Corporation; and the
Olivet Nazarene University Foundation
A native of Ohio, Dr. Mikesell received a Bachelor of Arts in Chemistry from Olivet Nazarene University, Kankakee, Illinois and a Master of Science from the Ohio State University, Columbus. Dr. Mikesell received a Ph.D. Degree in Polymer Science from the University of Akron, Ohio.
About NaturalNano, Inc.
NaturalNano, Inc. (OTC Bulletin Board: NNAN; FWB: N3N) is a materials science company developing unique and proprietary processes for refining naturally occurring nanotubes and other nanomaterials that add competitive properties to a range of applications. These include additives to cosmetics and personal care products, and absorbent materials, as well as: electromagnetic interference shielding, specialty coatings, and material additives for industrial polymers, plastics and composites. NaturalNano possesses broad intellectual property rights and proprietary know-how for extraction and separation processes, compositions, and derivatives of halloysite and other nanotubes. For more information, please visit http://www.naturalnano.com.
Cautionary Statement Regarding Forward-Looking Statements
Certain statements included in this press release may constitute forward- looking statements within the meaning of applicable securities laws. These statements reflect what NaturalNano anticipates, expects, or believes may happen in the future.
NaturalNano's actual results could differ materially from the outcome or circumstance expressed or implied by such forward-looking statements as a result of a variety of factors including, but not limited to: NaturalNano's ability to develop its technologies; the approval of NaturalNano's patent applications; the successful implementation of NaturalNano's research and development programs; the ability of NaturalNano to demonstrate the effectiveness of its technology; the acceptance by the market of NaturalNano's technology and products incorporating such technology, the ability of NaturalNano to effectively negotiate and enter into contracts with third parties for the licensing of NaturalNano's technology; competition; the ability of NaturalNano to raise capital to fund its operating and research and development activities until it generates revenues sufficient to do so; and the timing of projects and trends in future operating performance, as well as other factors expressed from time to time in NaturalNano's periodic filings with the Securities and Exchange Commission (the "SEC"). As a result, this press release should be read in conjunction with NaturalNano's periodic filings with the SEC which are incorporated herein by reference. The forward- looking statements contained herein are made only as of the date of this press release, and NaturalNano undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.