CALIFORNIA NANOTECHNOLOGIES
CORP.
CNO-TSX VENTURE
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.