EL PASO, Texas, March 6, 2006 (PRIMEZONE) -- Nanoforce Technologies Inc. (Pink Sheets:NNFC), a leading company in the development of nano materials, today formally announced the appointment of a new executive management team. The new team will continue Nanoforce's tradition of delivering advanced solutions for applying nanotechnology in a variety of industries such as petroleum extraction and refining, air and water purification, and agriculture.
The team includes several technology and business development veterans with a wealth of combined experience. "I'm really proud to have this professional management team joining the company," said David Rendina, CEO Nanoforce Inc. "I am confident this team will take Nanoforce to the next level; working to build our relationship with key partners such as UTEP, and in the community, while maintaining the company's core values and responsibilities to our shareholders. We're also very happy that we've been able to create 14 new high tech, high value jobs in the El Paso region.
The new management team includes:
Mr. Ernesto Gamboa - General Manager. Mr. Gamboa is a Ph.D. candidate (ABD) in International Business and MBA with over 11 years experience as a manager, entrepreneur and Naval officer. Mr. Gamboa is well versed with all aspects of business development, pre-seed and seed financing, and technology commercialization. Mr. Juan Holguin, Jr. - Marketing Manager. Mr. Holguin, BBA, MBA, Currently a Ph.D. Candidate in International Business at UTEP. Mr. Holguin has worked with fortune 500 firms, been self employed, and is experienced with all aspects of marketing and corporate development. Mr. Brett Naftzger - Manager of Corporate Communications. Mr. Naftzger, BA Economics, MBA Public Administration. Brett has created and implemented marketing and sustainability plans for organizations including the Chicago Public Schools, YMCA, and the Getty Museum. Mr. Feras Salama - Accounts Manager. Mr. Salama, BBA Financial Accounting, MBA Finance and Economics, Licensed CPA, Currently a Ph.D. Candidate in International Business at UTEP. Mr. Salama has experience working as a financial and corporate analyst for CPA firms and public companies and holds an interest in international corporate finance issues.
The Company
Nanoforce, Inc. is a company founded for the research, development, acquisition, and capitalization of advanced materials science products and processes; of which includes the practical application of nanotechnology in large scale commercial projects.
This press release is not an offer to sell securities or the solicitation of an offer to buy securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.