Manhattan Scientifics, Inc. announces acquisition of breakthrough metal
technology to revolutionize biomedical, aviation and automotive industries.WHAT: Technology that developed out of a post-Cold War National Nuclear Security Administration non-proliferation program and Los Alamos National Laboratory partnership is being acquired by Manhattan Scientifics, Inc. through Metallicum, Inc., a company that produces and markets nano-titanium and other ultra fine grain nano-structured metals, which are stronger than traditional metal. The production of these metals will take place in Albuquerque with the potential for creating hundreds of jobs in the metro area. The lightweight metals will transform transportation both in the air and on the ground, providing millions of dollars in fuel cost savings from the reduced weight of metal parts in airplanes and cars. The nano-titanium metal developed by Metallicum also has biomedical applications, particularly dental implants, cardiovascular stents and a wide range of prosthetic devices that last longer and are less likely to be rejected by the body than medical devices currently in use. WHEN: Wednesday, July 2, 2008 2:00 p.m. Mountain/ 4 p.m. Eastern WHO: Senator Jeff Bingaman, Representative Tom Udall, Manhattan Scientifics Inc., Metallicum Inc., Los Alamos National Laboratory and United States Industry Coalition TO PARTICIPATE IN THE NEWS CONFERENCE CALL: 1-800-955-6371, Password: 287773 VIDEO: For a satellite feed of the video from the event, please call or email Angela Heisel (505) 720-6565, [email protected]
MEDIA CONTACT: Angela Heisel, (505) 338-8912 or (505) 720-6565
SOURCE Manhattan Scientifics, Inc.