In his dual roles, Mowry will work to build relationships with Ohio’s manufacturers and help grow the sector through the transition to composite technologies. In addition to helping to identify and open new markets for the Center, Mowry will work to attract high tech businesses as tenants to the Dayton campus. He will also promote the Campus’s capabilities to develop breakthrough materials and manufacturing processes. Mowry will continue to manage NCC’s member program and work with commercial associations and government agencies such as the Ohio Department of Development (ODOD).

Mowry also has been selected to participate in Leadership Dayton which holds its opening retreat this month. The Dayton Area Chamber of Commerce leadership development program, nearly 30 years old, has been designed to identify, educate and motivate a network of community leaders. “This program will allow me to continue to grow professionally and personally and provides me with the opportunity to make a bigger difference in the Dayton community,” said Mowry of the year-long commitment.
Mowry comes to NCC from LexisNexis where he held the position of Vice President and General Manager.

Holding several key positions at LexisNexis, Mowry also worked as a Trade Relations Negotiator/Purchasing Manager for Reynolds & Reynolds. Mowry reached the rank of Major in the United States Air Force and served as a full-time faculty member in the International Law Department at Air University in Montgomery, Alabama. Prior to his military career, Mowry served as an Assistant Attorney General for the State of Ohio. He holds a Bachelor of Arts degree from Earlham College, Richmond, Indiana and a Juris Doctorate from the University of Dayton School of Law. Mowry is a graduate of Air Command and Staff College, a United States Air Force Leadership College in Montgomery, Alabama, and the Executive Business Program, Finance and Marketing at the University of Michigan Business School in Ann Arbor, Michigan.

Since 1996, The National Composite Center has taken the lead in pioneering efforts to promote, develop and apply advanced composite technology to the aerospace and defense, automotive, commercial and infrastructure markets. NCC’s ability to link composites to the appropriate markets is producing new business opportunities and sources of income that are helping to expand the region’s industrial base. NCC has also established a pilot production plant to provide a central point where companies can congregate to develop large-scale manufacturing methods and establish industry standards. As a gatekeeper for the composite age, NCC is also committed to the exploration of advanced manufacturing technologies to provide industry and consumers alike with high performance materials that last longer and cost less. By teaming with colleges, universities and government, NCC is bridging the gap between science and practicality to strengthen commerce in Ohio and contribute positively to the lives of communities across the nation.

For more information visit NCC’s website at www.compositecenter.org

DRT owns and manages subsidiary companies that provide advanced composite products, including engineering, and development, along with high volume production capabilities for government and industry clients worldwide. The company will rent 30,000 square feet of space in Building 28 located at 3251 McCall Street in Dayton. The building, owned by entrepreneur John Prikkel, is the site of NCC’s new Dayton Campus for Advanced Materials Technologies (DC-AMT).

In addition to committing Vector as DC-AMT’s first tenant, DR Technologies will invest $1.5 million in equipment and improvements in the campus. The move and improvements are expected to be completed April 1, 2007.

“NCC’s economic development model, incubation services and ability to commercialize new products quickly on a true manufacturing scale has earned it a national reputation,” said JP Nauseef, President and CEO of Dayton Development Coalition, “one that is attracting business to the region.”

DRT was first introduced to the Dayton Region’s resources in 2003 when V System Composites, a DRT subsidiary, teamed with NCC for an Air Force STTR phase I contract. V System Composites also performed vacuum assisted resin transfer molding (VARTM) work for NCC to process its advanced rapid fiber preforms for investigation into aerospace applications of these advanced processes.

“NCC’s rapid fiber preform technologies were complimentary to our resin infusion processes and fit certain requirements we had,” said Lyle Dunbar, Chief Executive Officer for the DR Technologies Companies. “The acquisition of Vector allowed us to tap NCC’s capabilities. The collaborative effort to establish NCC’s new Advanced Materials Technologies campus showed us that Dayton offers the unique infrastructure, resources and environment required to ensure the success of an emerging composite electronic enclosures production business. It’s truly a win-win situation for everyone involved.”

DR Technologies will use Vector to house its Electronic Enclosure Center of Excellence and associated production. The acquisition will allow DR Technologies to expand its research and development and production facilities and provide increased support to local Air Force customers. Mike Louderback, President and GM of V System Composites will also serve as the President of Vector.

“The technologies and capabilities provided by Vector, along with those available through NCC are very synergistic to the current and future products offered by V System Composites. We will be locating several, current products lines to Vector that involve resin transfer molding (RTM), VARTM, and in the near future will be adding autoclaves, clean rooms and other equipment that will make Vector a full-service, world-class composite manufacturing facility “, said Louderback.

“The sale of Vector and the launch of the new campus are the results of a cooperative effort between local, county and state groups,” said Lou Luedtke, President and CEO of NCC. “The Coalition was instrumental in helping to close the sale of Vector and representing our collective regional interests while organizations like Citywide and partners City of Dayton, Montgomery County and the Ohio Department of Development each contributed vital ingredients to helping turn a concept into a reality. These types of joint efforts continue to entrench the region and Ohio as a leader in advanced materials technology.”

NCC is a comprehensive resource for rapid fiber preforming and closed molding technology including Vacuum Infusion and Resin Transfer Molding (RTM) processes. The Center has combined the unique attributes of software products, including Genesis™ Design Optimization, ABAQUS, Nastran, AlphaStar’s Genoa™, and Red Cedar Technology’s HEEDS to establish a neutral design and optimization house. In addition, the Center’s patented Litecast® technology and Long Fiber Reinforced Thermoplastics (LFT) complete a lineup that offers customers a wide range of engineering expertise in composite materials and processing technology. NCC’s team of technical specialists are experienced in multiple disciplines to take process development, process troubleshooting, product development, prototyping and pilot production from concept to factory ready products.

Since 1996, The National Composite Center has taken the lead in pioneering efforts to promote, develop and apply advanced composite technology to the aerospace and defense, automotive, commercial and infrastructure markets in Ohio and the national marketplace. NCC’s ability to link composites to the appropriate markets is producing new business opportunities and sources of income that are helping to expand the region’s industrial base. NCC has also established a full-scale pilot production facility to provide a central point where companies can develop large-scale manufacturing methods and establish new industry standards. As a gatekeeper for the composite age, NCC is committed to the exploration of advanced manufacturing technologies to provide industry and consumers alike with high performance materials that last longer and cost less. By teaming with industry, universities and government, NCC is bridging the gap between science and practicality to strengthen commerce in Ohio, lead composite industry advancements in the United States and contribute positively to the lives of communities across the nation. For more information about NCC visit their website at www.compositecenter.org

DRT was founded in 1994 with the charter to perpetuate its core composite technologies and services to become an industry leader for advanced, lightweight and affordable aerospace products. Today, DRT provides engineered composite structures products primarily for DoD and commercial aerospace markets and in addition to the Vector acquisition, the company operates two wholly-owned subsidiaries; Vanguard Composites Group, San Diego, CA, and V System Composites, Anaheim, CA. Other facility locations include Chester, PA, Tucson, AZ, Lanham, MD and North Miami Beach, FL. DRT is a privately held company whose markets and product focus include aircraft structural components and sub-assemblies; structures and fairings for missile defense; lightweight, integrated armor structures; space satellite structures and antenna reflectors and dimensionally-stable optical benches for space telescopes and sensors. Further information on DR Technologies and its subsidiary companies can be found at www.drtechnologies.com.

“This concept for an advanced materials technologies campus is becoming a reality thanks to the leadership and vision of the Montgomery County Commission,” said Lou Luedtke, President and CEO of NCC. “The guidance and support provided by Joe Tuss, Assistant County Administrator and Economic Development Director for the County was instrumental in helping to lay groundwork that will contribute to local revitalization and establish a critical resource for the region and the state.”

According to Luedtke, the Campus will be used to develop materials and processes capable of giving companies a competitive advantage over global low-cost sourcing. The Center also hopes to attract high-tech tenants to the new Campus, which will be located at 3251 McCall in a building owned by entrepreneur John Prikkel. The property is adjacent to the Delphi Home Avenue plant.

City of Dayton’s Acting Economic Development Director Gwen Eberly feels plans for the new campus further illustrate NCC’s role in the region as an incubator and accelerator for new products. “Taking former manufacturing facilities like Delphi and finding new and modern uses for them give value and relevance to the area’s history while embracing the innovation Dayton needs to thrive.”

“This grant leverages tremendous benefits for the entire Dayton Region because it is an investment in one of our key growth areas - advanced materials and manufacturing,” said JP Nauseef, President and CEO of the Dayton Development Coalition. “By continuing to grow the region’s capabilities in breakthrough technologies we strengthen our position to serve customers across the state and the nation.”

Since 1996, The National Composite Center has taken the lead in pioneering efforts to promote, develop and apply advanced composite technology to the aerospace and defense, automotive, commercial and infrastructure markets in Ohio and the national marketplace. NCC’s ability to link composites to the appropriate markets is producing new business opportunities and sources of income that are helping to expand the region’s industrial base. NCC has also established a full-scale pilot production facility to provide a central point where companies can develop large-scale manufacturing methods and establish new industry standards. As a gatekeeper for the composite age, NCC is committed to the exploration of advanced manufacturing technologies to provide industry and consumers alike with high performance materials that last longer and cost less. By teaming with industry, universities and government, NCC is bridging the gap between science and practicality to strengthen commerce in Ohio, lead composite industry advancements in the United States and contribute positively to the lives of communities across the nation.

For more information about NCC visit their website at www.compositecenter.org

“The CIC supports industry in rapidly developing and commercializing composite technologies,” said Sean McKay, Executive Director for CIC. “This is accomplished, in part, through collaboration with technical experts in the field. CIC felt that by having a strong relationship with NCC, we would be much more effective in meeting our clients’ expectations and requirements and, conversely, so would NCC. This agreement provides the mechanism that will allow our unique skills and technologies to be readily available for each other’s use.”

The agreement between the two Centers is supported by CIC’s federal funding agency Western Economic Diversification Canada (WD) through the Enhanced Representation Initiative (ERI) to enhance and formalize the relationship between Ohio and Manitoba-based companies, NCC and CIC.

“NCC is recognized as a premier commercialization agent for advanced materials technology,” said Lou Luedtke, President and CEO of NCC. “The Center is in the business of helping companies leverage the advantages of composites by continually developing cost effective processes and manufacturing techniques that make that possible. This agreement provides another critical component in our objective to extend the reach of NCC both nationally and internationally. By continuing to make global connections in a global economy, NCC is able to place the strength of these resources at the fingertips of Ohio businesses and US industries.”

NCC is a comprehensive resource for rapid fiber preforming and closed molding technology including Vacuum Infusion and Resin Transfer Molding (RTM) processes. The Center has combined the unique attributes of software products, including Genesis™ Design Optimization, ABAQUS, Nastran, AlphaStar’s Genoa™, and Red Cedar Technology’s HEEDS to establish a neutral design and optimization house. In addition, the Center’s patented Litecast® technology and Long Fiber Reinforced Thermoplastics (LFT) complete a lineup that offers customers a wide range of engineering expertise in composite materials and processing technology. NCC’s team of technical specialists are experienced in multiple disciplines to take process development, process troubleshooting, product development, prototyping and pilot production from concept to factory ready products.

Since 1996, The National Composite Center has taken the lead in pioneering efforts to promote, develop and apply advanced composite technology to the aerospace and defense, automotive, commercial and infrastructure markets in Ohio and the national marketplace. NCC’s ability to link composites to the appropriate markets is producing new business opportunities and sources
of income that are helping to expand the region’s industrial base. NCC has also established a full-scale pilot production facility to provide a central point where companies can develop large-scale manufacturing methods and establish new industry standards. As a gatekeeper for the composite age, NCC is committed to the exploration of advanced manufacturing technologies to provide industry and consumers alike with high performance materials that last longer and cost less. By teaming with industry, universities and government, NCC is bridging the gap between science and practicality to strengthen commerce in Ohio, lead composite industry advancements in the United States and contribute positively to the lives of communities across the nation.

For more information about NCC visit their website at www.compositecenter.org

The Composites Innovation Centre Manitoba Inc. is a not-for-profit corporation that is jointly sponsored by private industry and government. Its mandate is to support and stimulate economic growth through innovative research, development and application of composite materials and technologies for manufacturing industries. This is achieved by working directly with industry, on industry sponsored projects that result in a measurable economic benefit to the project participants and the community. Projects are performed in a collaborative partnership with
industry, government agencies, and educational establishments. To support these activities, the CIC is funded by and/or has affiliations with several government, research and educational establishments including: Western Economic Diversification Canada, the Province of Manitoba, Destination Winnipeg, National Research Council of Canada, the University of Manitoba, and Red River College. The CIC is driven by industry requirements focusing on key sectors: aerospace, bio-materials, ground transportation, and civil infrastructure. Core technologies such as liquid resin molding and automation, and the business sectors that they support, are based on levels of interest and the technology gaps/needs of industry. Capabilities developed around the core technologies assist industry in keeping pace with competitors as well as advancing technologies to provide for a competitive advantage.

For more information CIC visit them at their website: www.compositesinnovation.ca

“This award recognizes NCC’s track record as a premier commercialization agent for advanced materials technology,” said Lou Luedtke, President and CEO for NCC. “The Center’s broad range of capabilities makes rapid commercialization strategies possible and was the primary reason we were considered for selection. Only five of 18 proposals met the commercialization standards specified for this year’s round of grant proposals. We’re very proud to be one of a very select few.”

According to Luedtke, the Center will achieve significant reductions in the weight and thickness of SMC material by replacing amounts of conventional filler and glass fiber with nano-clays, which have a much larger surface area. Until now, equipment for bench scale work with these materials has been available in academic institutions but lacked the capacity to produce actual parts. NCC will use the funding to scale up equipment with the capability for the first time to produce sufficient quantities of the material to mold parts for testing. “The equipment will make it possible to produce three to six million pounds of SMC,” said Luedtke.

The Center will initially target applications for Class 8 truck cab components and jet skis for the recreational marine market. NCC will team with Core Molding Technologies, a molded parts line and supplier to International Truck. Polymer Ohio and Comfort Line will also work with NCC to find other applications for SMC. Additional collaborators include Inspired Innovations, LLC and Iten Industries.

“The ability of companies to commercialize new products and create new jobs is critical to the future success of Ohio’s economy,” said Governor Bob Taft. “These funds are helping Ohio innovators turn great ideas into marketable products.”

NCC is a comprehensive resource for rapid fiber preforming and closed molding technology including Vacuum Infusion and Resin Transfer Molding (RTM) processes. The Center has combined the unique attributes of software products, including Genesis™ Design Optimization, ABAQUS, Nastran, AlphaStar’s Genoa™, and Red Cedar Technology’s HEEDS to establish a neutral design and optimization house. In addition, the Center’s patented Litecast® technology and Long Fiber Reinforced Thermoplastics (LFT) complete a lineup that offers customers a wide range of engineering expertise in composite materials and processing technology. NCC’s team of technical specialists are experienced in multiple disciplines to take process development, process troubleshooting, product development, prototyping and pilot production from concept to factory ready products.

Since 1996, The National Composite Center has taken the lead in pioneering efforts to promote, develop and apply advanced composite technology to the aerospace and defense, automotive, commercial and infrastructure markets in Ohio and the national marketplace. NCC’s ability to link composites to the appropriate markets is producing new business opportunities and sources
of income that are helping to expand the region’s industrial base. NCC has also established a full-scale pilot production facility to provide a central point where companies can develop large-scale manufacturing methods and establish new industry standards. As a gatekeeper for the composite age, NCC is committed to the exploration of advanced manufacturing technologies to provide industry and consumers alike with high performance materials that last longer and cost less. By teaming with industry, universities and government, NCC is bridging the gap between science and practicality to strengthen commerce in Ohio, lead composite industry advancements in the United States and contribute positively to the lives of communities across the nation.

For more information about NCC visit their website at www.compositecenter.org

Australian advanced materials group Quickstep Holdings Limited (ASX: QHL - “Quickstep”) is set to showcase its unique composites manufacturing technology to some of the largest automotive, aerospace, marine and infrastructure companies in North America after entering into a landmark collaboration with America’s National Composite Center (NCC), for the establishment of a Quickstep Center of Excellence in Dayton, Ohio.

Quickstep and NCC announced today (Thursday, 27 April 2006) that they have signed a Letter of Intent for a wide-ranging collaboration which includes the acquisition by NCC of a QS20 composites production machine and the commitment of Quickstep resources for the establishment of the Center of Excellence - representing the third global regional facility of its kind to be established by Quickstep. The Center is currently planned to be operational in September 2006.

NCC is recognized as a premier commercialization agent for advanced materials technology. NCC’s wide range of engineering expertise in composite materials and processing technology and its capability to take process and product development, prototyping and pilot production from concept to factory ready products, makes NCC a prime location for the new Center of Excellence. NCC is a critical link in technology transfer due to its ability to significantly shorten the amount of time it takes to move projects from the invention stage to industry application.

Quickstep already has similar collaboration agreements in place with the University of Manchester in the UK (Northwest Composites Centre) and with Deakin University at Geelong in Victoria, Australia (Victorian Centre for Advanced Materials Manufacture). Quickstep demonstration production machines are in operation at each of these locations, as well as at Quicktep’s headquarters in Perth, Western Australia.

The agreement represents a significant further step in the global commercialisation of Quickstep’s technology, providing an open site in the key North American market for some of the largest aerospace, automotive and marine companies in the world to fully evaluate the merits of the Quickstep Process and its associated performance characteristics, namely lower costs and higher volumes in the production of composites compared with traditional manufacturing methods.

Quickstep’s CEO, Mr Nick Noble, said the agreement with NCC was consistent with one of the Company’s core commercialisation strategies of establishing demonstration centres for its technology on strategic continents and in close proximity to key target industries.

“The centers of excellence already in operation at Manchester in the UK and Geelong in Australia have been very effective in providing a conduit to bring the Quickstep Process directly to the doorstep of potential end-users, including material suppliers, producers of components for heavy trucks, commercial and general aviation aircraft, personal watercraft and industrial/infrastructure projects,” Mr Noble said.

“The new North American Center will have similar objectives, providing unique access to the world’s largest market and an opportunity to showcase our technology to some of the biggest Original Equipment Manufacturers (OEM’s), automotive and aerospace companies in the world,” he added. “We are delighted to have finalised this landmark agreement with NCC, which has played a pioneering role in promoting, developing and applying advanced composites technology to a range of different industries in North America.”

Mr Noble said the agreement with NCC would result in NCC operating a larger QS20 machine compared with the other centres of excellence, facilitating the demonstration of production of fairly large components in the automotive, aerospace, marine and infrastructure markets.

Quickstep’s US-based Chief Operating Officer, Mr Dale Brosius, commented: “NCC has a long history in successfully introducing emerging and innovative technologies to the US composites marketplace. The development of a showcase center in collaboration with NCC is an ideal way for Quickstep to demonstrate its patented composite manufacturing process and the benefits it offers to industries located in and around Ohio and throughout North America.”

“NCC is well positioned geographically with respect to the US automotive and aerospace industries - key potential users of Quickstep’s technology - and already has existing infrastructure and relationships in place with major composite companies,” he continued. “In addition, the NCC site provides a number of complementary technologies, including comprehensive closed molding, rapid fiber preforming, design optimization, and Long Fiber Reinforced Thermoplastics (LFT) all of which have the potential to be significantly enhanced by Quickstep’s rapid curing process.”

Louis Luedtke, President and CEO of NCC, commented: “We are delighted to announce this landmark collaboration with Quickstep, whose patented composites manufacturing technology has already attracted a large amount of interest in North America and elsewhere because of its potential to dramatically reduce the time and cost of composites manufacture. We are pleased to have the opportunity to work closely with Quickstep’s senior technical personnel in the establishment of this Center for Excellence, including the commissioning of a Quickstep QS20 machine to demonstrate the production of large composite components to potential end-users in the United States.”

Under the terms of the Letter of Intent announced today, NCC will acquire a Quickstep QS20 machine with a perpetual technology licence at commercial rates and will also provide the premises, facilities and support personnel for the operation of the Quickstep Center for a minimum of three years, with an option to extend based on the success of the collaboration.

For its part, Quickstep will commit resources (including cash and in-kind contributions) over a 3-year period towards the operating costs of the Center, including a full-time trained engineer to support customers in evaluating the Quickstep Process and making prototypes. The project will also be partially funded by the State of Ohio and the City of Dayton.

Commenting further on the announcement, Mr Noble said: “Since we first launched the Quickstep Process internationally in 2001, we have had many expressions of interest from American manufacturers, ranging from automotive panels to aircraft wings. In support of the development of this showcase centre in Dayton, Quickstep and NCC obtained letters of support and collaboration from more than 10 companies, including Boeing, General Motors, Huntsman Chemical, Applied Sciences Inc., which produces carbon nanofibres, Vermont Composites and University of Dayton Research Institute (UDRI).”

“We anticipate that the development of this showcase center will significantly enhance Quickstep’s commercial standing in the US as an innovative, cost effective composites manufacturing solution,” Mr Noble added.

Michael Riedlinger, NaturalNano’s president, said, “The National Composite Center provides a collaborative environment for accelerating the commercialization of nanocomposite materials through focused programs with other member companies and research institutions. This provides a critical bridge between early research activities in laboratories that are developing new nanocomposite materials and commercial scale production requirements for integrating these new materials into future products. Additionally, NCC provides access to technologies, equipment, and personnel for the development of new industry standards and commercial applications that may benefit by utilizing NaturalNano’s halloysite nanotube technologies.”

NCC has taken the lead in pioneering efforts to promote, develop and apply advanced composite technology to the aerospace and defense, automotive, commercial and infrastructure markets in the national marketplace. Recognized as a premier commercialization agent for advanced materials and more affordable composites, NCC is a vital resource for a broad range of services and capabilities including rapid fiber preforming, closed molding, design optimization and Long Fiber Reinforced Thermoplastics (LFT) to name a few. Its full-scale pilot production facility is used by a variety of companies to develop large-scale manufacturing methods and establish new industry standards in the plastics industry.

NCC was just recently awarded a Wright Project grant through the State of Ohio’s Third Frontier technology program to scale-up nano-enabled sheet molding compounds .

Louis Luedtke, President and CEO of NCC said, “New nanocomposite materials and related technologies, like those from NaturalNano, are very important to the development of next-generation composite products that NCC member companies are currently designing in collaboration with our organization. NaturalNano’s products may provide just the functionality NCC’s customers desire.”

NaturalNano has rights to multiple issued and pending patents that cover processes, compositions, and applications for the nanotubes found in halloysite clay. More than 200 different commercial applications have been identified to date. The company is also developing proprietary, patent-pending extraction, separation, and classification technologies to enable production of more uniform nanotubes to meet the higher standards required for advanced applications of the naturally occurring nanotubes. The Company’s research and development efforts are focused in the areas of precise, controlled, and extended release of application-specific additives for use in cosmetics, polymers and plastics and other areas.

For more information, please visit www.naturalnano.com.

About the National Composite Center
Located in Kettering, Ohio, the NCC is recognized as a national center of excellence for the development and commercialization of cost competitive composite materials and processes. NCC’s ability to promote, develop, demonstrate and link composites to the appropriate markets is producing new business opportunities and sources of income that are helping to expand the industrial base. As a gatekeeper for the composite age, NCC is also committed to the exploration of advanced manufacturing technologies to provide industry and consumers alike with high performance materials that last longer and cost less. By teaming with colleges, universities, and government, NCC is bridging the gap between science and practicality to strengthen commerce and contribute positively to the lives of communities across the nation.

For more information, please visit www.compositecenter.org

About NaturalNano, Inc.
NaturalNano, Inc. (OTCBB: NNAN; FWB: N3N) is a materials science company developing unique and proprietary processes for refining naturally occurring nanotubes and other nanomaterials that add competitive properties to a range of applications. These include additives to cosmetics and personal care products, and absorbent materials, as well as: electromagnetic interference shielding, specialty coatings, and material additives for industrial polymers, plastics and composites. NaturalNano possesses broad intellectual property rights and proprietary know-how for extraction and separation processes, compositions, and derivatives of halloysite and other nanotubes. For more information, please visit www.naturalnano.com.

Cautionary Statement Regarding Forward-Looking Statements
Certain statements included in this press release may constitute forward-looking statements within the meaning of applicable securities laws. These statements reflect what NaturalNano anticipates, expects, or believes may happen in the future.

NaturalNanos actual results could differ materially from the outcome or circumstance expressed or implied by such forward-looking statements as a result of a variety of factors including, but not limited to: NaturalNanos ability to develop its technologies; the approval of NaturalNanos patent applications; the successful implementation of NaturalNanos research and development programs; the ability of NaturalNano to demonstrate the effectiveness of its technology; the acceptance by the market of NaturalNanos technology and products incorporating such technology, the ability of NaturalNano to effectively negotiate and enter into contracts with third parties for the licensing of NaturalNanos technology; competition; the ability of NaturalNano to raise capital to fund its operating and research and development activities until it generates revenues sufficient to do so; and the timing of projects and trends in future operating performance, as well as other factors expressed from time to time in NaturalNanos periodic filings with the Securities and Exchange Commission (the “SEC”). As a result, this press release should be read in conjunction with NaturalNanos periodic filings with the SEC which are incorporated herein by reference. The forward-looking statements contained herein are made only as of the date of this press release, and NaturalNano undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.

NCC’s Manufacturing Accelerator Campus concept creates a nurturing atmosphere for organizations like WebCore by providing floor space and other important support needs. Previously housed at the Center for four years, WebCore also used NCC’s pilot production facility to mature its proprietary composite core technology. WebCore manufactures its family of core products under the trade name TYCOR® using a process that places glass or carbon fiber reinforcements through-the-thickness of closed cell foam sheets. A sponsor of a Small Business Research Innovation Program (SBIR) for WebCore, NCC also included the company in a state-backed composite bridge program. As a result, TYCOR® panels were used in the first composite bridge deck installed on federal property; the Hebble Creek bridge site located at Wright-Patterson Air Force Base (WPAFB).

NCC also helped generate critical contacts in the aerospace and infrastructure markets to further position WebCore for growth. “We felt the airfield mat concept was a good fit for WebCore,” said Lou Luedtke, President and CEO of NCC. “Through our support WebCore was able to secure initial funding and position themselves for the early trial phase and additional funding. WebCore is a good example of the range of services NCC can provide to companies from infrastructure support to access through our Member Program to critical business opportunities.”

While at NCC WebCore grew into 18,750 square feet of manufacturing space and expanded its business development operations. In 2005 the company moved to a new location in Dayton that gives WebCore more than 60,000 square feet of manufacturing and office space. “By incubating and accelerating our operations at NCC we were well prepared to define WebCore’s business needs and core production operations in our new plant,” said Dan Hutcheson, President of WebCore. “Our relationship with NCC was and continues to be a beneficial one.”

“NCC isn’t just about the growth, development and commercialization of the composite industry,” said Luedtke. “The Center is dedicated to helping grow businesses and our most important resource - skilled professionals.”

Since 1996, The National Composite Center has taken the lead in pioneering efforts to promote, develop and apply advanced composite technology to the aerospace and defense, automotive, commercial and infrastructure markets in Ohio and the national marketplace. NCC’s in-house capabilities and engineering application expertise have positioned the Center as a true business technology partner for manufacturers. Able to link composites to the appropriate markets NCC’s full-scale pilot production facility provides a central point where companies can develop large-scale manufacturing methods and establish new industry standards. As a gatekeeper for the composite age, NCC is committed to the exploration of advanced manufacturing technologies to provide industry and consumers alike with high performance materials that last longer and cost less. By teaming with industry, universities and government, NCC is bridging the gap between science and practicality to strengthen commerce in Ohio, lead composite industry advancements in the United States and contribute positively to the lives of communities across the nation.

For more information about NCC visit their website at www.compositecenter.org
For more information about WebCore Technologies visit their website at www.webcoreonline.com

The arrangement with ArvinMeritor extends an agreement first initiated with Liteflex in 2003. An authorized licensee of NCC for the manufacture of the composite springs, Liteflex was launched by the Center in 2001. The news was released simultaneously with an announcement by Delphi Automotive Systems (NYSE: DPH) that it had sold its Liteflex composite spring business to Liteflex LLC in conjunction with NCC.

“We are pleased to extend this agreement with Liteflex to a long-term arrangement, not only for ourselves, but more importantly for our customers,” said Sergio Carvalho, Vice President and General Manager, ArvinMeritor Trailer Products. “In the relatively short amount of time this venture has been in place, we have been able to offer tremendous advantages to our customers through the benefits of composite technology.”

“Vehicle manufacturers, including truck, tractor and trailer makers are all experiencing record volumes,” said John Prikkel. “But major technical challenges to reduce engine emissions and improve vehicle safety must be met in the near future. High commodity prices, including steel, oil and rubber, also make the lighter weight Liteflex composite spring an attractive choice with its ability to reduce fuel consumption, improve vehicle ride and reduce tire wear. By continuing to partner with ArvinMeritor and combine the strengths of the two companies, we are poised to take this technology to the broad commercial vehicle market.”

Liteflex’s composite design and processing skills and ArvinMeritor’s sales and marketing presence and undercarriage engineering expertise have also paved the way for a new product launch. The two companies will jointly develop integrated composite suspension modules and systems to address the need for lighter weight and better riding suspensions. SimilAir® is one such example. The composite trailer spring has been successfully field tested in over 100 trailers since August 2004, and will be launched early this year. The heavy duty springs will be manufactured at Liteflex. The collaboration between ArvinMeritor and Liteflex® will also provide the opportunity to pursue the use of composite technologies in components beyond springs.

“At NCC we’ve demonstrated how composites can be engineered to provide more features, improve performance and offer better value when considered up front in the development process,” said Lou Luedtke, president and CEO of NCC. “One of the most compelling aspects of composites is the greater design flexibility it gives heavy duty and commercial vehicle manufacturers. Continuation of the ArvinMeritor-Liteflex agreement illustrates that the industry is beginning to see that composites are not just a substitute material but the right fit for the job.”

ArvinMeritor, Inc. is a premier global supplier of a broad range of integrated systems, modules and components to the motor vehicle industry. The company serves light vehicle, commercial truck, trailer and specialty original equipment manufacturers and certain aftermarkets. Headquartered in Troy, Mich., ArvinMeritor employs approximately 29,000 people at more than 120 manufacturing facilities in 25 countries. ArvinMeritor common stock is traded on the New York Stock Exchange under the ticker symbol ARM. For more information, visit the company’s Web site at: www.arvinmeritor.com.

Liteflex, LLC is a privately held company since 2001 with world headquarters and four manufacturing sites located in the Dayton, Ohio area. The company has a 25 year heritage of GM, Inland and Delphi composite technology with a new entrepreneurial spirit of innovation. For more information about Liteflex visit the company’s website at: www.liteflexllc.com.

Since 1996, The National Composite Center has taken the lead in pioneering efforts to promote, develop and apply advanced composite technology to the aerospace and defense, automotive, commercial and infrastructure markets. NCC’s ability to link composites to the appropriate markets and dramatically reduce the time it takes manufacturers to bring products from concept to production, has established the Center as technology partner. NCC’s pilot production plant provides a central point where companies can congregate to develop large-scale manufacturing methods and establish industry standards. As a gatekeeper for the composite age, NCC is also committed to the exploration of advanced manufacturing technologies to provide industry and consumers alike with high performance materials that last longer and cost less. By teaming with colleges, universities and government, NCC is bridging the gap between science and practicality to strengthen commerce in Ohio and contribute positively to the lives of communities across the nation. For more information visit NCC’s website at www.compositecenter.org.

NCC will lead a team that includes the Materials and Manufacturing Directorate at the Air Force Research Laboratory (AFRL) headquartered at Wright-Patterson Air Force Base and the Wright Materials Research Company based in Beavercreek. In addition to making the technology more cost effective for industry, the application of nanotube buckypapers to composites will improve the performance and strength of military vehicles and aerospace structural materials, as well as reduce fuel and structural maintenance costs. Super strong and lightweight, the nanofibers and nanotubes also have application for lightening strike protection and directional thermal and electrical conducting applications in materials and devices.

The Center will use the funds to support the technical development services necessary to fabricate bulk polymeric nanocomposites with controlled nanostructures, desired alignment, and high-tube loading as a continuing process. “The technology will be researched at AFRL/ML and potentially commercialized at Wright Materials Research Company,” said Lou Luedtke, CEO and President of NCC. “The Center will provide the necessary scale-up activities including engineering support that will lead to full scale production.” According to Luedtke, in addition to its commercial advantages, the new technology is expected to benefit the Army’s Future Combat Systems fleet and Joint Strike Fighter, as well as other military platforms.

NCC’s in-house capabilities and engineering application expertise have positioned the Center as a true business technology partner for manufacturers. Equipped with a unique resource of knowledge and specialized skills, NCC can take process development, process troubleshooting, product development, prototyping and pilot production from concept to factory ready products much faster than conventional production development methods. NCC’s Rapid Fiber Preforming, closed molding, patented Litecast® technology, Design Optimization and Long Fiber Reinforced Thermoplastics (LFT) technology are key components to its ability to develop and commercialize cost competitive composite materials and manufacturing processes.

Since 1996, The National Composite Center has taken the lead in pioneering efforts to promote, develop and apply advanced composite technology to the aerospace and defense, automotive, commercial and infrastructure markets in Ohio and the national marketplace. NCC’s ability to link composites to the appropriate markets is producing new business opportunities and sources
of income that are helping to expand the region’s industrial base. NCC has also established a full-scale pilot production facility to provide a central point where companies can develop large-scale manufacturing methods and establish new industry standards. As a gatekeeper for the composite age, NCC is committed to the exploration of advanced manufacturing technologies to provide industry and consumers alike with high performance materials that last longer and cost less. By teaming with industry, universities and government, NCC is bridging the gap between science and practicality to strengthen commerce in Ohio, lead composite industry advancements in the United States and contribute positively to the lives of communities across the nation.

For more information about NCC visit their website at www.compositecenter.org