CALIFORNIA NANOTECHNOLOGIES CORP.
CERRITOS, CA, Nov. 7, 2013 /CNW/ - California Nanotechnologies Corp
("Cal Nano" and "CNO") is pleased to announce the Company's largest
order to date. These components will be utilized by adidas in their
flagship commercial product line, the adiZero Prime SP track spike,
which has become known worldwide as the lightest commercially available
track and field shoe. This order is over three times the size of
previous orders for this product and will generate revenue for the
Company of over $89,000 US ($92,900 CAD).
"The Company has already produced the highly specialized material
utilized in these products and plans on a partial delivery by the end
of December 2013, as required to meet the customer's initial
requirements," stated Christopher Melnyk, Vice President. "This order
represents the successful transition from the developmental phase of
this nanotechnology program into a higher volume commercial project."
California Nanotechnologies is also pleased to announce their attendance
as exhibitors at the Materials Science and Technology ("MS&T")
Conference in Montreal, Canada from October 27-30, 2013. Christopher
Melnyk presented at the symposium on the topic "Benefits of Spark
Plasma Sintering" to highlight the successful initiation of the
Company's relationship with Fuji SPS of Japan. Cal Nano's presence at
the MS&T'13 Conference generated significant interest among conference
attendees, including several Fortune 100 companies and resulted in
substantial leads for the various services offered by Cal Nano. The
Company is working on solidifying those leads into new customers.
Except for historical information contained herein this document
contains forward-looking statements. These statements contain known and
unknown risk and uncertainties that may cause the company's actual
results or outcomes to be materially different from those anticipated
and discussed herein.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
SOURCE: California Nanotechnologies Corp.
For further information:
Chris Melnyk, VP Product Development
(512) 923-6913 (fax)