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Re: ttboy post# 4106

Monday, 10/06/2008 11:34:39 AM

Monday, October 06, 2008 11:34:39 AM

Post# of 16772
NNLX press release from its website: 10/6/08 NanoLogix is in the process of redirecting the Company’s primary focus from research and development to manufacturing. We have begun preparations for construction of a manufacturing facility to produce our BNP Rapid Detection Kits. Production operations will take place at the company's headquarters in Hubbard, Ohio, where we are negotiating the construction and build-out of existing leased footage in addition to possible expansion of our lease area. We are awaiting quotes from providers of modular clean-rooms for finalization of the production area design. The Company has chosen New Brunswick Scientific’s MP-1000 PourMatic® and associated equipment for use in the BNP kit production process. Production with the selected equipment is scalable to 48,000 kits per week, a capability that should enable us to meet the initial needs of a select group of customers and achieve our short term revenue goals.