NanoMaterials Will Join Forces With NIS At The STLE Exhibition In Florida, Where They Will Showcase The NanoLub® EP AW/AF Lubricant Additive Product Line

May 12, 2014

NanoMaterials Ltd., the innovative nanotechnology lubricants company and its American parent company “Nanotech Industrial Solutions, Inc.” (NIS) will attend the “Society Of Tribologists and Lubrication Engineers” (STLE) Annual Meeting & Exhibition in Florida, held between May 18th-21st.

NanoMaterials and NIS will present the NanoLub® Extreme Pressure Anti-Wear / Anti-Friction lubricant additive product line, in booth #124, where Dr. George Diloyan, NIS’s head of technology will answer technical question, while NanoMaterials’ CEO Mr. Daniel Sclar and V.P Sales, Mr. Alon Laster will hold commercial meetings with customers. PhibroChem, NanoMaterials’ North American distributor for NanoLub® EP Grease additive, will be showcasing to its prospective clients in North America, at an adjoined booth #122.

“This is the 2rd year in a row that NanoMaterials’ participates at the STLE annual meeting,” said, Mr. Daniel Sclar, NanoMaterial’s CEO. “Our decision to participate this year is the direct result of the exiting cooperation opportunities we were able to secure at last year’s meeting. We believe that this year will be even more exiting, now that we have both NIS’s backing and PhibroChem assistance.”

The NanoLub® series has received the prestigious Nano 50TM Award by Nanotech Briefs (publishers of NASA Tech Briefs) and it is the first successful commercial implementation of inorganic, multi-layered fullerene-shaped WS2 nanoparticles in lubricants, based on patented and award-winning technology developed at Weizmann Institute of Science.

Tests have shown that incorporating NanoMaterials’ inorganic lubricant additives into oil and grease formulations delivers a range of performance enhancements including:

•     Significant wear reduction in contracting surfaces.
•     Reduces friction.
•     Reconditioning of existing wear damage.
•     Enhanced energy and fuel efficiency.
•     Reduced operating temperature.

These translate to significant cost and performance benefits such as lower energy consumption, extended effective operation of mechanisms, extended lubricant life, extended machinery life and reduced emissions.

About NanoMaterials Ltd.:
“NanoMaterials Ltd.”, a cleantech company operating in the field of Nanotechnology, was established in 2002 and after its acquisition in 2013 became a subsidiary of the leading American company: “Nanotech Industrial Solutions, Inc.” (NIS). A pioneer of inorganic, multi-layered fullerenes, NanoMaterials was the first company to succeed in the commercial production of inorganic, multi-layered WS2 nanofullerenes and nanotubes, based on exclusively patented platform technology developed at the Weizmann Institute of Science.

NanoMaterials is part of AddNano, a joint project funded by the European Commission and has earned international recognition winning numerous innovation and excellence innovation and excellence awards including: Top 30 Network of Automotive Excellence Innovation Award, Red Herring Top 100 Innovators award, Innovation WORLD 21 award, “Nanotechnology Company of the Year” by the Israeli Ministry of Industry & Trade and Top 10 in the Israeli nano-tech market according to “The Marker” magazine.