NanoLogix, Inc. (NanoLogix) has secured additional square footage for the production of their BNP Rapid Detection kits and is awaiting financing prior to the build-out of the planned production clean-rooms and shipping/receiving area. The additional area is adjacent to the existing NanoLogix headquarters and more than doubles current company space in Hubbard, Ohio to around 4,000 square feet.
The company also announces its intention to hold a 2009 shareholder meeting during the second quarter of 2009, with the date to be announced.
The chief executive officer Bret Barnhizer stated, “The addition of Daniel Barnhizer and Jeff Long to our Board of Directors brings two very capable people to the Company — Daniel, for his expertise in multiple aspects of corporate and business law; and Jeff Long, for both his advertising experience, business acumen, and an outstanding ability to develop new paradigms. We look forward to their contributions to the company.” Director John Chatterton remarked: “I look forward to working with our new Board Members and having NanoLogix capitalize on both their creativity and expertise.”
Regarding the addition of space for production of BNP kits, Bret Barnhizer said “All of us in NanoLogix are elated at the prospects for ramping up production beyond the five-hundred per week capability of our Cincinnati facility. The Hubbard expansion should provide the capability to produce 48,000 kits per week”.