EPA and NanoLogix Enter Into Cooperative Research and Development Agreement for Rapid Water Quality Testing
August 23 2010 - 8:30AM
Marketwired
NanoLogix, Inc. (PINKSHEETS: NNLX) The U.S. Environmental
Protection Agency announced it has entered into a Cooperative
Research and Development Agreement (CRADA) with NanoLogix. The
Agency and NanoLogix will work to design a rapid diagnostic method
to detect bacterial threats, including E.coli and Cryptosporidium
in drinking and source water. Scientists from the EPA and NanoLogix
will use the company's rapid detection technology as a foundation
for the new process, with the goal of significantly reduced test
times from those achievable with current tests.
"Working with the EPA on water quality testing is a significant
milestone in our corporate development," said NanoLogix CEO Bret
Barnhizer. "It's been a long process to achieve this multi-year
CRADA and we are pleased to be able to collaborate with the EPA on
improving the safety and quality of the U.S. national water
supply."
More on the EPA's announcement of the CRADA with NanoLogix can
be found at:
http://www.epa.gov/microbes/mceardnews.html.
About NanoLogix, Inc. NanoLogix is a
biotechnology company focused primarily on rapid diagnostics. Its
products offer accelerated detection and identification of
microorganisms. In addition to medical and homeland security
applications, NanoLogix technology is applicable in pharmaceutical,
industrial, veterinary and environmental testing.
Patents granted to NanoLogix can be used in the areas of applied
microbiology, soil microbiology and bioremediation, microbial
physiology, molecular biology, pharmacology, pharmaco-kinetics, and
antibiotic sensitivity. For more information visit
www.nanologix.com
This press release contains statements, which may constitute
"forward-looking statements" within the meaning of the Securities
Act of 1933 and the Securities Exchange Act of 1934, as amended by
the Private Securities Litigation Reform Act of 1995. Those
statements include statements regarding the intent, belief or
current expectations of NanoLogix, Inc., and members of its
management as well as the assumptions on which such statements are
based. Prospective investors are cautioned that any such
forward-looking statements are not guarantees of future performance
and involve risks and uncertainties, and that actual results may
differ materially from those contemplated by such forward-looking
statements. The Company undertakes no obligation to update or
revise forward-looking statements to reflect changed assumptions,
the occurrence of unanticipated events or changes to future
operating results.
Media Contact: Lisa Ann Pinkerton 650-288-1824 Email
Contact Investor Contact: Carol Surrena NanoLogix, Inc.
330-534-0800 Email Contact
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