On Thursday, April 29, 2010, Shrink Nanotechnologies, Inc. (the “Company”) issued a press release relating to the launch of its NanoShrink material. A copy of this press release is furnished as an exhibit to this Report.
In addition, on April 29, 2010, the Company also issued a press release relating the organization of Shrink Solar LLC, a Delaware limited liability company and wholly owned subsidiary of the Company, that will hold the Company’s nano-structured solar film designs, and which management anticipates with further develop the product and hopefully commercialize the same. A copy of this press release is furnished as an exhibit to this Report.
Press Releases on April 30, 2010
On Friday, April 30, 2010, the Company issued a press release relating to the publication of an independent report in Frost & Sulivan’s Technology Insights publication which focused on the Company’s OptiSol Solar Concentrator technology that the Company’s newly formed subsidiary, Shrink Solar, LLC, is working towards commercialization of. A copy of this press release is furnished as an exhibit to this Report.
On April 30, 2010, the Company also issued a press release relating to the filing of an additional patent application on its landmark solar concentrator technology. A copy of this press release is furnished as an exhibit to this report.
The Company is aware, among other risks that statements made in its press releases or within this report may contain projections and milestones and are subject to a degree of uncertainty as described in the Forward Looking Statements section of its annual and quarterly reports and as contained in such press releases, as well as risks enumerated in the Company’s Risk Factors as filed in its reports as filed with the SEC from time to time. Accordingly, no assurance can be made that the Company will achieve any of these goals or milestones.
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