SOURCE: Applied Nanoscience, Inc.

February 27, 2009 12:33 ET

Applied Nanoscience Announces Termination of Merger Agreement

CARLSBAD, CA--(Marketwire - February 27, 2009) - Applied Nanoscience Inc. (ANI) (PINKSHEETS: APNN), a nanotechnology-based filtration development company, announced that its board of directors has elected to terminate the definitive merger agreement with Emergency Filtration Products, Inc.. Formal notice was received by EFP on February 26, 2009.

About ANI

ANI is a marketer and developer of innovative, high performance nanotechnology-based filtration products to customers worldwide and is the owner of NEFT™ (Nanoparticle -- Enhanced -- Filtration -- Technology), a broad platform with significant application potential in consumer market segments.

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This release may contain statements that are forward-looking. Such statements are made based upon current expectations that are subject to risk and uncertainty. ANI does not undertake to update forward-looking statements in this news release to reflect actual results of and changes in assumptions or changes in other factors affecting such forward-looking information. The actual future plans and results of the company could differ significantly from such forward-looking statements.

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