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Thursday, March 22, 2007 5:14:45 PM
Interesting part about DKL acquisition (complete?),READ!
Detecting What Can Harm Us: Nanosensors, Inc. (OTCBB:NNSR)
by Glenn Wilkins - AllPennyStocks.com News Reporter
March 8, 2007 (AllPennyStocks.com Media Inc.) - The Bush administration's fall in public opinion, stemming from the Iraq quagmire, may have shifted attention away from the importance of protecting this country from all manner of menace - by bomb, germ, or gas.
Addressing this need is Santa Clara, California-based NanoSensors Incorporated (OTCBB:NNSR), a company whose products are aimed at detecting threats to our security, whether by chemical, biological or explosive threats. The company also aims to develop intellectual property to enable it to create nanoscale devices.
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Only three years old and with a stock price still dwelling in the bargain basement, NanoSensors is making inroads in getting more of its sensors accepted into the market, enabling its customers to combat the perils that might otherwise invade either their bodies or our borders.
On the medical front, NanoSensors' current strategy is to build sensors that incorporate the technology covered by its license agreement with Michigan State University to detect e.coli and salmonella in food and water.
According to the Centers for Disease Control in Atlanta, there are more than 170 strains of e.coli. Although most strains are harmless, one strain, found in the intestines of cattle, deer, goats and sheep, produces a powerful toxin that can cause severe illness. It's estimated that e.coli costs America alone about $430 million (all figures in U.S. currency unless specified otherwise) in medical costs, premature death and lost productivity. The urgency of the fight against e.coli is not lost on those in the medical community.
Just as 2006 ended, the company hired a third-party contractor to manufacture units of a test version of its biosensor product to be used for field-testing. NanoSensors expects to take delivery of the product units in a matter of weeks to gather feedback and gauge its effectiveness. The product is based on the company's recently licensed nonporous silicon-based biosensor technology aimed at detecting e.coli.
In combating the more external threat from terrorists, the company believes it has an edge in that its anti-explosive detectors are more compact, sensitive, cost-efficient and don't require as much supervision as products made by its competitors. NanoSensors, which trades on the Over-the-Counter market under the symbol NNSR, addresses those issues with its M10 Sensor product.
The Model 10 (M10), still under development, is a portable device - a handheld wand - that can be used to screen people for explosives as they enter public facilities. The product's commercial viability will be determined when tested with live explosives.
As so many small firms must do, NanoSensors has partnered with and even acquired some of its rivals. In picking up privately held Virginia-based DKL International last month, the company has catapulted itself into a revenue-producing position, expanded its management team, distribution network and product line.
The Company is helmed by Dr. Ted Wong, a seasoned business executive who has served as CEO of Zerotree Technologies, as well as working in the research and development departments with American Rockwell and General Electric.
In recent weeks, many stocks have suddenly gone into hibernation, and NNSR has been no exception, plumbing new 52-week lows, to readings of 0.008 in early March, a far cry from the 14-cent peak it achieved last June. But with the concern growing over what's in our food and who tries to elude the law in our airports and other public places, and the edge the Company holds in innovation and marketing of its products, the future looks up for this company.
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Although the majority of AllPennyStocks.com reports are independent, it has received compensation for carrying the report on Nanosensors, Inc., the compensation is four thousand dollars from a third-party, Ellipsis Communications. This creates an inherent conflict of interest and readers are encouraged to view the main disclaimer at
http://www.allpennystocks.com/apsc/us/stock_profiles/nnsr.htm
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