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Re: None

Tuesday, 12/06/2016 10:59:57 AM

Tuesday, December 06, 2016 10:59:57 AM

Post# of 16439
A Fantastic Update

The Company is currently searching for a larger production facility in northeast Ohio. In the past three weeks NanoLogix management and production staff have viewed, toured, and measured four separate sites to ascertain site suitability for relocating and expanding NanoLogix production for both petri plates and for production of the new N-Assay ELISA-based rapid bacteria diagnostic.

The new sites being surveyed range from 10,000 square feet to 22,000 square feet, three to seven times the size of our current facility. All sites viewed offer additional square footage for further expansion as required.

NanoLogix is also in the process of specifying and ordering new equipment for the production of both petri plates and the new N-Assay.

The two petri plate filling machines that have been configured for order are both OnlineEngineering MultiDish Model 968 with ancillary equipment. The Model 968 is capable of filling 9,600 plates per hour, so the two machines should be capable of meeting production needs for the foreseeable future. Further information on the equipment can be found at: www.online-engineering.com

The N-Assay equipment currently being researched and specified are automatic pipetting machines for application of antibodies, etc., to the ELISA plates used for this revolutionary rapid bacteria diagnostic technology.

?The two technologies will be housed in separate modular cleanrooms in order to comply with specific FDA requirements for manufacturing of each product.

The projected timeline for delivery and assembly of modular cleanrooms, the OnlineEngineering equipment, and the automated pipetting machines is sometime in the second quarter of 2017, while configuration of whichever of the candidate sites is chosen is projected to begin in the first quarter of 2017.

?Petri plate production is currently in Hubbard, Ohio, while N-Assay production is in Houston, Texas. N-Assay production in Ohio is projected to begin in the second quarter of 2017.


EI