- 18 September 2007 -

Emergency Filtration merger will aid FDA approval

Applied Nanoscience Inc (ANI) and Emergency Filtration Products (EFP) are to merge, with a definitive merger agreement expected to be signed shortly.

"We always knew of the long term benefits of merging Emergency Filtration Products with Applied Nanoscience," said Philip Dascher, CEO, EFP. "Applied’s intellectual property portfolio, which addresses a multiplicity of potential applications and a number of large domestic and international markets, broadened EFP’s market opportunities and was the primary reason for us to combine the two companies."

"However, the Applied team’s contribution to support our FDA medical device application for the NanoMask has been invaluable, and will definitely help us in our efforts to get FDA clearance for the NanoMask," he added.

"While the ultimate value of Applied Nanoscience’s contribution to the combined company will be made through continued focus on the development and expansion of our intellectual property and the future licensing opportunities that this will create, we recognize the importance of concentrating our resources to making sure that we are doing everything possible to try to obtain FDA clearance for the NanoMask," said Thomas K. Allen, President and CEO, ANI.

www.emergencyfiltration.com