Solésence Beauty Science expands to australian market as Nanophase Technologies receives TGA GMP approval

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ROMEOVILLE, Ill. , March 01, 2022 (GLOBE NEWSWIRE) — Solésence Beauty Science, an attractive product developer and finished product manufacturer at the forefront of skin care technologies, today announced that it has obtained TGA’s GMP site authorization for all production of finished products from creams, lotions, sprays, sticks and all the bureaucracy of topical sunscreens. The site permission has been granted to Nanophase Technologies, of which Solésence is one hundred percent subsidiary.

Solésence, a good-looking, innovation-driven scientific company, offers brands patented formulas that leverage a growing set of environmental coverage technologies within its own Active Stress Defense™ platform. These technologies, which focus on aggressors such as UV rays, pollutants and HEV (blue) light, are only obtained through the finished products they expand and manufacture. The approval of the TGA GMP site signals the option of expansion into Australian markets.

Jess Jankowski, Chief Executive, said: “The approval of the TGA GMP site has taken years, and this opens many doors for us in the long term, as it is mandatory to place products manufactured through Solesence on the market as the leading sunscreens in Australia. . . We will also evaluate strategic opportunities to manufacture products in the country as our presence grows. Our initial purpose will be to identify a footprint with new and existing Solésence logo partners to enable the sale of our proprietary sunscreen products as market-leading sunscreens. Australian market, where the length of the solar care retail market is estimated at approximately $120 million (USD). “

“At Solesence, we adopt a holistic technique to improve people’s lives through skin health, and that includes making skin health not only a must-have component, but also a fun component of consumers’ daily lives,” said Kevin Cureton, Chief Operating Officer. “Our component brands around the world are launching clean, inclusive and patented environmental coverage products, and our expansion into the Australian market is an exciting step in Solésence Beauty Science’s continued globalisation. “

About Solesence

Solésence Beauty Science, www. solesence. com, is turning the physical appearance of the skin with patented mineral-based technologies that are being followed by leading performance-oriented and good-looking brands. Its patented products for brands that look, feel and serve as active mineral ingredients, allowing textures never before seen in the mineral area and an inclusion never before seen in the area of solar care. Solesence’s state-of-the-art formulas offer best-in-class UV protection, unprecedented loose radical prevention to protect against contamination, and took a step forward in antioxidant performance.

About NanophaseNanophase Technologies Corporation (NANX), www. nanophase. com, is a leading innovator in mineral-based and science-based fitness care responses in the categories of good looks and life sciences, as well as other legacy complex tissue programs. Leveraging a platform of proprietary and proprietary technologies built-in, the company creates products with unique performance, fitness and consumer well-being. We deliver engineering fabrics in quantity and advertising quality, either as ingredients or as components of fully formulated products in a variety of formats.

Forward-Looking Statements This press release contains words such as “expects,” should,” “will,” “believes,” and similar expressions that are intended to identify forward-looking statements within the meaning of the Safe Harbor provisions of the Private Securities Reform Act litigation. 1995. Such statements in this announcement are made on the basis of existing Company ideals, occasions and cases known at the time of publication, and as such are subject to long-term unforeseen dangers and doubts which may also cause effects of the Company’s operations, functionality and achievements differ materially from any existing expectations expressed or implied through such forward-looking statements These dangers and uncertainties include, but are not limited to, the following: a visitor’s decision to cancel a source order or contract given the Company’s reliance on a limited number of key visitors; d dubious call and acceptance of the Comp any engineering materials, ingredients and fully formulated products; the production capacity and flexibility of the Company’s product line based on visitor demand; the Company’s limited marketing experience; adjustments in the progression and distribution ratios; the effect on competitive products and technologies; the company’s reliance on patents and proprietary data protection; the solution of controversies in which the Company is eventually involved; the effect of any potential new government regulation that would be difficult to comply with or too costly to comply with while remaining financially viable; the Company’s ability to maintain an adequate electronic trading platform; and other items described in the Company’s Form 10-K filed on March 26, 2021. In addition, the Company’s forward-looking statements may also be affected by general industry and market conditions and rates of expansion. Except as required by federal securities laws, the Company assumes no legal responsibility to update or revise such forward-looking statements to reflect new occasions, questions or other contingencies.

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