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| [November 13, 2012] |
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US Environmental Protection Agency Issues Featured News Article Covering Cooperation With NanoLogix
HUBBARD, Ohio --(Business Wire)--
NanoLogix
(OTC Markets: NNLX) is the subject of a featured news article released
last week by the US Environmental Protection Agency. The article covers
the progress of an ongoing Cooperative Research and Development
Agreement (CRADA) in place between the EPA and NanoLogix. The objective
of the CRADA is to develop a comprehensive water quality test kit for
use in testing drinking and source waters in the EPA's ten regions.
The article can be accessed on the EPA's site at the following link: http://www.epa.gov/nerl/features/nanologix.html
NanoLogix is pleased to announce sales experienced a significant
increase in Q3. Essentially all of Q3 and current sales have been, and
are, directly to the US Federal government or to Corporations for use on
classified US Government projects. These sales are comprised of BNP kits
and filled Petri plates. Major marketing for BNP and BioNanoFilter (BNF)
bacteria detection kits is pending publication of two recently completed
third-party studies in peer-reviewed science journals.
The company has had increasing interest in both its BioNanoPore (BNP)
Petri-based sandwiched-membrane bacteria detection kits and also in
standard filled Petri pates, both packed in NanoLogix's proprietary
extended-life packaging. The internally developed patent pending
packaging enables storage of both BNP and Petri for over one year in
cold storage, and for at least three months at room temperature.
NanoLogix is honored to welcome Giles Manley, MD to the NanoLogix
Science Advisory Board (SAB). Dr. Manley brings a wealth of medical,
legal and business knowledge to the SAB.
Dr. Manley's acceptance statement: "I am grateful for the invitation,
and very excited about being part of NanoLogix by serving on their
Science Advisory Board. What NanoLogix has accomplished over the last
several years is truly amazing. There is no comparable system in the
world that can deliver bacterial identification as cost effectively,
quickly and accurately as their BNF and BNP product line… Through my
career I have formed acquaintances with the Chiefs of Obstetrics at some
of the top medical institutions in our country. I will make a concerted
effort to get the necessary trials started and finished at places such
as Harvard, Johns Hopkins and other institutions. I am hopeful that by
the end of 2013 the standard for GBS screening will include our near-15
minute test at time of labor."
More information on Dr. Manley and the SAB can be found at: http://nanologix.com/about/team.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, 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.

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