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CybeRelease: (OTC: NNFC) Finalizes Acquisition of Clemco Industries Inc.


WEBWIRE

(CybeRelease, June 14, 2006) - Lake Harmony, PA - Nanoforce, Inc. (OTC PK: NNFC), a developer of nano-materials, new refining processes and equipment for use in new and existing energy sector technologies, announced that the Company has completed its acquisition of Clemco Industries Inc., a leader in providing environmentally preferred bioremediation services to the restaurant and food processing industry in Vancouver, Canada.

At Clemco’s 12th Annual General Meeting held on June 7th 2006, Mr. Peter Yew, the newly appointed President announced that the Company would launch its proven and highly acclaimed business model in the United States before the end of the current year.

Mr. Peter Yew declared, ``We are targeting 20% of the estimated $975 million per annum American pie. Once we have built a successful licensed network there, we will go onto the Asian market. We are going to add water reuse capability to our services, which will make a huge impact in places like water-scarce Beijing where restaurants are shackled with permanent water rationing.’’

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CybeRelease Gainers are Carrizo Oil & Gas, Inc. (Nasdaq: CRZO), BioCryst Pharmaceuticals, Inc. (Nasdaq: BCRX), SanDisk Corporation (Nasdaq: SNDK), Bookham, Inc. (Nasdaq: BKHM), LM Ericsson Telephone Company (Nasdaq: ERICY), Sirius Satellite Radio Inc. (Nasdaq: SIRI), A.C. Moore Arts & Crafts, Inc. (Nasdaq: ACMR) and Varsity Group Inc. (Nasdaq: VSTY).

CybeRelease Decliners are Airspan Networks Inc. (Nasdaq: AIRN), Mindspeed Technologies, Inc. (Nasdaq: MSPD), Capstone Turbine Corporation (Nasdaq: CPST), EDGAR Online, Inc. (Nasdaq: EDGR), Hub Group, Inc. (Nasdaq: HUBG), Telewest Global Inc. (Nasdaq: NTLI), Mechanical Technology Incorporated (Nasdaq: MKTY) and Active Power, Inc. (Nasdaq: ACPW).

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