Diamon-Fusion International Inc. has announced it has signed a license agreement for its Diamon-Fusion nanotechnology with Zoom Energy Corp. of New York, which specializes in the distribution of products into Russia and the Commonwealth of Independent States.

"We are excited to have reached this important agreement with DFI Nanotechnology, which affords us an opportunity to introduce another cutting-edge product and innovative technology to the Russian market," said Alex Vainer, president of Zoom Energy Corp.

"We certainly share the pioneer spirit of DFI and hope to be able to put their invention to good use in the fast-growing markets of Russia and CIS States," added Sergei Chakovsky, managing director of Zoom Energy Moscow.