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ApNano Materials Establishes Nano Armour Subsidiary

06 August 2007

ApNano Materials has established a subsidiary that will develop and manufacture the company's new NanoArmor line of nanotechnology-based bullet-proof products.

The new subsidiary will start with products that enhance the performance of personal safety items such as bullet proof vests and helmets, and will continue with protection products for vehicles and aircraft.

""The company has already started negotiations with investors,"" said Aharon Feuerstein, ApNano Materials' Chairman and CFO. ""In addition, NanoArmor potential products have already attracted huge interest from military, law enforcement and homeland security organizations and agencies in various countries.""

The NanoArmor products will be based on ApNano’s proprietary nanospheres and nanotubes, which ApNano say are excellent shock absorbing materials and among the most impact resistant substances known in the world today, with up to twice the strength of today’s best impact resistant protective armor materials.

The NanoArmor products will be made of tungsten disulfide (WS2) nanoparticles, currently manufactured by ApNano Materials, under the trade name NanoArmor. In addition, the subsidiary will develop multi-walled titanium-based nanoparticles which will enable it to produce over 50% lighter weight armour products.

According to ApNano, NanoArmor will provide multi-hit protection as well as enhanced ballistic and blast resistance. It will enable the development of special trauma layers behind the armour, reducing the level of blunt force trauma injuries.

""Laboratory experiments conducted by Nobel Laureate Professor Sir Harold Kroto and his colleagues have demonstrated that ApNano’s nanotubes are strong enough to withstand a pressure of 21 GPa (Gigapascal) – the equivalent of 210 tons per square centimeter,” said Dr. Menachem Genut, President and CEO of ApNano Materials. Dr. Genut was a research fellow in the original research group which discovered the IF nanoparticles at the Weizmann Institute and first to synthesize the new materials.

Recently ApNano Materials opened a new 1,000 square meter manufacturing facility in Israel, housing a semi-industrial reactor.