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7/15/2010 9:46:34 AM
Patent is Filed on Shrink Nanotechnologies’ CellAlign Advanced Tissue Engineering Platform Technology

Shrink Nanotechnologies, Inc. (“Shrink”), an innovative nanotechnology company developing products and licensing opportunities in the solar energy production, medical diagnostics and sensors and biotechnology research and development tools businesses, announced today that certain patent applications related to its advanced tissue engineering technology platform, CellAlign, have been filed.

CellAlign’s key feature is a micro-fabricated substrate with non-periodic (or random) linear patterned grooves that allow for the alignment of cells along a single axis. The unique design is ideal for growing biological tissues from stem cells, especially those that naturally grow in a linear fashion such as in cardiac and nerve tissues.

“CellAlign has the potential to grow sheets of living tissues that may one day act as 'band-aids' to patch and repair, and possibly regenerate, damaged or diseased organs,” said Mark L. Baum, president of Shrink Nanotechnologies, Inc. “Clinical practices and medical specialties are increasingly turning to cellular-based therapies to solve some of the world’s most perplexing health maladies. As our intellectual property position improved with CellAlign, future licensing potential represents a significant market opportunity for Shrink.”

In the United States, tissue engineering and cell therapy comprised a $6.9 billion market for regenerative products in 2009, and is expected to approach $32 Billion by 2018, according to the 2010 MedMarket Diligence's Report, “Tissue Engineering, Cell Therapy and Transplantation: Products, Technologies & Market Opportunities, Worldwide, 2009-2018.” The report says the market for cellular therapies may benefit many disorders, including degenerative and traumatic orthopedic and spine injuries, cardiac and vascular disease, neurological disorders, diabetes, inflammatory diseases, and tooth decay.

Shrink Nanotechnologies, Inc. is a one-of-a-kind FIGA organization, which focuses on leveraging contributions from experts in Finance, Industry, Government and Academia. Operating as a high-technology development-stage company, Shrink owns and develops proprietary and patent-pending nano-sized technologies, components and product systems. The Company's unique NanoShrink material is a pre-stressed polymer which is used in a patent pending manufacturing platform with numerous applications in the solar energy, human and animal diagnostics, and biotechnology research and development tools industries. For more information, please visit http://www.shrinknano.com.

Other Headlines from Shrink Nanotechnologies, Inc ...
 - Shrink Nanotechnologies Signs Joint Development Agreement with Major Japanese Electronics and Optics Company to Commercialize Patented Corning Modular Microfluidic System
 - Shrink Nanotechnologies Signs Binding Letter of Intent to Acquire 100% of Hawaii-Based Nanopoint, Inc.
 - BlackBox Semiconductor Executes Binding LOI to Purchase Next Generation Semiconductor Subsidiary From Shrink Nanotechnologies
 - Shrink Nanotechnologies' Recently Licensed University of Chicago 'Electronic Glue' Technology Will Enable High Efficiency Low Cost 'Printed' Solar Cells
 - Shrink Nanotechnologies Acquires Exclusive Worldwide License to "Electronic Glue"

More Patent Headlines ...
 - Seashell Technology awarded IP for large-scale economic production of silver nanowires
 - United Solar Awarded Patent For Proprietary Nano-Crystalline Technology
 - Nanostart holding ItN Nanovation receives patent for CO2 sensor technology
 - Positron Receives Two Patents for Quantum Photodectors
 - Celator Pharmaceuticals Issued U.S. Patent Related to CombiPlex Technology Platform


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