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Oxford Performance Materials and NaturalNano Execute Exclusive Joint Development and Supply Agreement </br>
Oxford Performance Materials and NaturalNano Execute Exclusive Joint Development and Supply Agreement
Oxford Performance Materials, Inc. (OPM)
OPM Introduces OXPEKK-DRT nanocomposite
October 21st 2008, Enfield, CT (USA) – Oxford Performance Materials and NaturalNano (OTCBB: NNAN) have signed an exclusive development and supply agreement. Within the scope of this agreement OPM and NNAN will exclusively cooperate to develop products, applications and markets for their combined polyarylketone-halloysite nano-clay products.
As the result of current development activities Oxford Performance Materials (OPM) is now introducing a new line of high performance thermoplastics. OXPEKK-DRT polymer products have incorporated NNAN’s Pleximer™ state of the art nano-scale particulate. This new class of materials significantly improves flow and mechanical properties of the current OXPEKK grades while also quite uniquely increasing the elastic range of the materials.
“Our cooperation with NaturalNano has yielding the most amazing products” said Scott DeFelice, President and CEO of OPM “the affinity of our polymer to nano-scale fillers has been well known to us for years. The challenge has always been to find highly reliable and dispersible nano-scale additives. The unique Pleximer™ products from NaturalNano perfectly meet our requirements.”
OXPEKK-DRT polymer products will initially be marketed to OPM’s core customers in energy management, aerospace, electronics and medical markets. Existing polyketones users in need enhanced performance will be desirable clients for this new class of products. OXPEKK-DRT materials can be used for injection molding, extrusion of fibers and films and coatings.
NaturalNano, Inc. (www.naturalnano.com) (OTCBB: NNAN) (FWB: N3N) is a materials science company focused on developing and commercializing advanced nanocomposites and extended release nanotechnologies. Based in Rochester, NY, the Company is focused on additive technologies and processes, including its proprietary Pleximer™ polymer additive, that add value to industrial polymers, plastics and composites, as well as consumer and industrial products. NaturalNano holds and licenses over 25 patents and applications, as well as proprietary know-how for extraction and separation processes, compositions, and derivatives of Halloysite and other nanotubes. For more information, visit http://www.naturalnano.com
Founded in March 2000, OPM has rapidly become an industry leader in the ultra-high performance thermoplastic polymers market. The firm's versatile OXPEKK® polymers are currently being used in space and defense, medical, semiconductor and industrial markets worldwide. For additional information, please visit www.oxfordpm.com.