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Austin-based NANOTECHNOLOGIES, Inc. Launches Second-Round of Fund-Raising

    AUSTIN, Texas, May 23 /PRNewswire/ -- NANOTECHNOLOGIES, Inc. announced
today that it has launched a second round of fund-raising, in conjunction with
the Texas Venture Capital Conference organized by The Capital Network.
NANOTECHNOLOGIES was selected to present a company summary and product
description to an audience of over 200 potential investors from across the
United States.
    NANOTECHNOLOGIES is a materials company that has developed a versatile
process for synthesizing a wide variety of nanoparticles with unique size and
composition.  The process versatility allows the company to work closely with
customers to develop specialized nanoparticle-based solutions for critical
market-driven applications.  This versatility also allows them to move quickly
into ready markets, establish relationships, and apply their capabilities to
other applications.
    Nanoparticles are a new and revolutionary class of materials.  The market
opportunity for nanoparticles arises from the novel properties of particles at
the near atomic scale.  By developing materials in this size range and
incorporating them into other materials, it is possible to improve existing
products and create entirely new products.
    The company's technology is based on a new, proprietary plasma device
which allows them to easily produce materials which conventional plasma
processes cannot produce.  These custom-designed nanoparticles ranging from
5 to 100 nanometers have immediate application in a number of rapidly growing,
high-value markets such as electronic materials, photovoltaics and transparent
ceramic coatings.  These markets represent the most lucrative market segment
and the most elusive due to the difficulty involved in creating the right
combination of properties.  "The process is ideally suited to custom-engineer
nanomaterials for these markets," according to founder/CEO Dennis Wilson.
    NANOTECHNOLOGIES adds value by providing nanoparticle solutions to
high-value markets, versus being a commodity supplier for the low-end markets
which are currently being served.  To achieve this goal, they begin by working
closely with customers to provide engineered solutions for market-driven,
nanoparticle-applications.  This process typically involves joint engineering,
materials testing, and product development since the customers may not know in
advance what nanoparticle specifications are required for a new material.  For
example: particle size, crystallinity, size distribution, phase, morphology,
surface treatment and purity can affect the final product.
    According to the National Science and Technology Council, in its 1999
report Nanotechnology Research Directions, "...as the twenty-first century
unfolds, nanotechnology's impact on the health, wealth, and security of the
world's people is expected to be at least as significant as the combined
influences in this century of antibiotics, the integrated circuit, and
human-made polymers."

     For more information contact:
     Dr. Dennis Wilson
     Ph: (512) 491-9500
     Email: Dennisw@nanoscale.com



SOURCE NANOTECHNOLOGIES, Inc.




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Related links:
  • http://www.thecapitalnetwork.com
    CONTACT:
    Dr. Dennis Wilson of NANOTECHNOLOGIES, Inc.,
    512-491-9500, or Dennisw@nanoscale.com