ROMEOVILLE, Ill., Oct. 23 /PRNewswire-FirstCall/ -- Nanophase Technologies (Nasdaq: NANX), a technology leader in nanomaterials and advanced nanoengineered products, announced that Joseph Cross, the Company's president and CEO has been invited to discuss Nanophase's leadership in nanomaterials during Global Crown Capital's Nanotechnology conference on October 30, 2006. Invited companies to the conference include Intel, Applied Materials, BASF, Harris & Harris, and Nanosys. "We are pleased to be invited, along with a select group of companies, to Global Crown Capital's conference on nanotechnology and investment," stated Mr. Cross. "As various nanotechnologies continue to emerge and gain traction in global industry applications, this is an optimal time to review several such technologies and understand their current and future growth opportunities. We look forward to discussing Nanophase's positioning in multiple global nanomaterials markets and applications, as well as the potential opportunities going forward." Dr. Nikolay Tishchenko, Senior Managing Director of Global Equity Research at Global Crown Capital covers Nanophase and stated: "We consider Nanophase one of the premier pure-play companies in nanotechnology. They appear to get everything right in their approach to nanotech. The management team has a laser focus on execution and growth while remaining remarkably fiscally conservative. They develop and sell commercially viable products to real customers; they do not rely on government grants. They are also rapidly expanding beyond their original market into chemicals, automotive, personal care, cosmetics, microelectronics, etc. We are delighted that Joe Cross will be presenting at our upcoming conference." 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 19 United States and 47 foreign patents and patent applications. Information about Nanophase may be found in the Company's public filings or on its website. 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 August 8, 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