ROMEOVILLE, Ill., May 18 /PRNewswire-FirstCall/ -- Nanophase Technologies (Nasdaq: NANX), a technology leader in nanomaterials and nanoengineered products, announced plans to cosponsor and present at the NanoBusiness 2005 Conference, May 23 - 25 at the Marriott Financial Center in New York. The NanoBusiness Alliance is again sponsoring the conference this year, which will be held in conjunction with the BCC Technical Conference. NanoBusiness 2005 promises to be a highlight for nanotechnology businesses and those interested in commercial applications. As Nanotechnology's foremost business conference, NanoBusiness 2005 is intended for key stakeholders in the business of nanotechnology, and will once again gather hundreds of scientists, engineers, business leaders and investors for three intensive days of seminars, presentations, keynotes and networking events. NanoBusiness 2005 is designed to provide the information required to move research and application development to commercialization, as well as to showcase the ongoing integration of nanotech products into the global economy. The international attendance at this conference will include large and small companies, university and national laboratories, government officials and legal professionals. Nanophase plans a significant presence at NanoBusiness 2005 with three presentations. Dr. Ed Ludwig, VP Business Development, has been invited to present "Trends in Nanomaterials and Target Applications" for the BCC Technical Conference and participate in NanoBusiness Conference's plenary panel 'Nano Firsts.' "We believe this conference is a key opportunity to meet with leaders in nanotechnology and further develop our technical and market development of the vast array of applications that can be served by our nanomaterials," states Dr. Ludwig. "Because of the strong focus on commercial applications, this conference will represent excellent opportunities to build new alliances and partnerships, and also to continue to reinforce the ones we already have." Nanophase is one of ten companies selected to participate in the inaugural NanoBusiness Investor Forum on May 25. Mr. Jess Jankowski, Nanophase's CFO, has been invited to present and discuss Nanophase's commercial nanoproducts, strategic alliances with global companies, new product development, and new market areas. Mr. Jankowski noted that, "The NanoBusiness Alliance has done a great job bringing many significant parties together to enhance understanding of this growing industry generally, and providing Nanophase an opportunity to showcase our leadership position in nanomaterials and clearly differentiate ourselves from some of the other companies in the public space." Nanophase Technologies Corporation (NANX), http://www.nanophase.com , 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 24 United and 50 foreign patents and patent applications. Information about Nanophase may be found in the Company's public filings or on its website. The NanoBusiness Alliance, http://www.nanobusiness.org , is the first industry association founded to advance the emerging business of nanotechnology. The NanoBusiness Alliance creates a collective voice for the emerging nanotech industry and is developing a range of initiatives to support and strengthen the nanotechnology business community. Exciting initiatives include research and education, public policy and awareness, public relations and promotion, networking, industry support and mentoring programs. The Alliance is headquartered in New York City and has offices in Chicago, Washington, D.C. and Denver, Colorado. 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 registration statement on Form 10K filed March 15, 2005 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