ROMEOVILLE, Ill., May 11 /PRNewswire-FirstCall/ -- Nanophase Technologies (Nasdaq: NANX), a technology leader in nanomaterials and advanced nanoengineered products, announced plans to cosponsor and present at the NanoBusiness Alliance 2006 Conference, May 17-19 at the New York Marriott Marquis. As nanotechnology's foremost business conference, NanoBusiness 2006 is intended for major stakeholders in the business of nanotechnology and gathers important technologists, government and investment leaders, nanotechnology business leaders, and investors for three intensive days of seminars and presentations. NanoBusiness 2006 is the only conference that brings world-class nanotechnology companies to Wall Street to highlight nanotech innovations that are expected to drive shareholder value creation over the next decade. Joseph Cross, Nanophase's president and CEO, will address the conference on Wednesday May 17 during the Investors Day Forum to present the Company's portfolio of nanomaterials technologies, market penetration strategies, and vision for the future. "NanoBusiness 2006 is a principal gathering of international nanotechnology sectors and companies focused on the growth and rapid commercialization of nanotechnologies," stated Mr. Cross. "This is a key gathering of leading nanotechnology companies who are successfully commercializing nanotech innovations across multiple sectors, showcasing the 'here and now' as well as a vision of the future. Focusing on issues and conditions that are expected to drive increased global implementation, discussions range from technology to markets to corporate environmental and workplace responsibility. It is an important business conference for growing nanotechnologies that are undergoing an increasing rate of global adoption." Sean Murdock, Executive Director of the NanoBusiness Alliance stated, "We are excited to have Nanophase presenting in our NanoBusiness Investors Forum. With Nanophase's position of global leadership and well developed channels, the Company is poised to significantly enhance its market penetration over the next few years." Nanophase Technologies Corporation (NANX), http://www.nanophase.com , is a leader in nanomaterials technologies and provides nanoengineered solutions for multiple industrial product applications. Using a platform of patented and proprietary integrated nanomaterial technologies, the Company creates products with unique performance attributes from two ISO 9001:2000 and ISO 14001 facilities. Nanophase delivers commercial quantity and quality nanoparticles, coated nanoparticles, and nanoparticle dispersions in a variety of media. The Company owns or licenses 20 United States and 44 foreign patents and patent applications. Information about Nanophase may be found in the Company's public filings or on its website. The NanoBusiness Alliance is the industry association for the emerging nanotechnology industry. Through its extensive network of leading startups, Fortune 500 companies, research institutions, non-governmental organizations and public-private partnerships, the Alliance shapes nanotechnology policy and helps accelerate the commercialization of nanotechnology innovations. The NanoBusiness Alliance has offices in New York, Chicago, Connecticut and Washington, DC. For more information, visit http://www.nanobusiness.org . This press release contains words such as "expects", "shall", "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 Litigation Reform Act of 1995. Such statements in this announcement are made based on the Company's current beliefs, known events and circumstances at the time of publication, and as such, are subject in the future to unforeseen risks and uncertainties that could cause the Company's results of operations, performance and achievements to differ materially from current expectations expressed in, or implied by, these forward-looking statements. These risk and uncertainties include the following: a decision by a customer to cancel a purchase order or supply agreement in light of the Company's dependence on a limited number of key customers; uncertain demand for, and acceptance of, the Company's nanocrystalline materials; the Company's manufacturing capacity and product mix flexibility in light of customer demand; the Company's limited marketing experience; changes in development and distribution relationships; the impact of competitive products and technologies; the Company's dependence on patents and protection of proprietary information; the resolution of litigation in which the Company may become involved; and other risks described in the Company's Form 10Q filed May 9, 2006 and other filings with the Securities and Exchange Commission. In addition, the Company's forward-looking statements could be affected by general industry and market conditions and growth rates. Except as required by federal securities laws, the Company undertakes no obligation to update or revise these forward-looking statements to reflect new events, uncertainties or other contingencies.
SOURCE Nanophase Technologies Corporation