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Dr. Mitchell Felder, chief executive officer, founder and patent co- inventor of NanoLogix, commented, "We are very excited with the progressive development of our hydrogen bioreactor. High volumes of organic waste materials not only pose a threat to our environment, but its disposal causes a constant financial drain on cities, towns and industries nationwide. We believe our hydrogen bioreactor may present a meaningful, cost-effective, clean alternative to waste disposal. Through the use of our system, we intend to turn high-volume waste streams into an alternative fuel source, immediately enhancing our users' bottom-line. We look forward to protecting our unique technologies that enhance this process and prepare us for additional market introductions."
About NanoLogix, Inc.
NanoLogix is an industry innovator
in the research, development and commercialization of nano-biotechnologies,
applications and processes. The Company owns or has the rights to 32 patented
technologies. The Company is currently focused on the production of hydrogen
from agricultural feedstock, industrial wastewater and municipal waste
streams to create new sources of energy. NanoLogix is presently operating
a hydrogen bioreactor at Welch's Food and has recently signed an agreement
with the City of Erie Wastewater Treatment Plant for a prototype bioreactor
installation. Additionally, NanoLogix develops and markets diagnostic test
kits for use in early detection of infectious human diseases such as cancer,
cystic fibrosis and AIDS, and owns a patent for the non-toxic induction
of apoptosis ("cell suicide") for the treatment of cancer. For more information
on the Company, visit http://www.nanologix.net.
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