Nanophase to Present at the Federation of Societies for Coatings

    ROMEOVILLE, Ill., June 2 /PRNewswire-FirstCall/ -- Nanophase Technologies
 (Nasdaq:   NANX), a technology leader in nanomaterials and nanoengineered
 products, is scheduled to present a short course and a paper at the Federation
 of Societies for Coatings Technology's Advancements in Coatings Series:
 'Nanotechnology in Coatings: Realizing the Potential', June 8-10, in Seattle,
 WA. The short course, "Nanomaterials and Their Impact on Coatings
 Technologies", will be presented by Dr. Roger Cayton, a Senior Application
 Scientist for Nanophase, and Dr. Thomas Sawitowski, Manager of Nanotechnology
 for BYK Chemie, a business unit of ALTANA Chemie. The course will discuss how
 nanotechnology will impact the user by providing multiple competitive
 advantages in the development of new coating products.
     Dr. Cayton will also present a paper, "Scratch Resistant Additives
 Containing Ceramic Nanoparticles for Coatings Applications", describing
 Nanophase's integrated platform of commercially scaled nanomaterial
 technologies - from the manufacturing of nanoparticles to tailored
 nanoparticle dispersions. Dr. Cayton will provide formulations and performance
 data for nanocomposite coatings and quantify the demonstrated competitive
 advantages for these new products.
     Dr. Richard Brotzman, Nanophase's Vice President of R&D, stated,
 "Nanophase is now delivering a range of intermediate nanoproducts which enable
 applications from coatings to personal care to electronics. We have the
 commercial capability to deliver state-of-the-art nanoparticle dispersions in
 high volume that impart significant performance to our customer's products.
 This illustrates our ability to develop enabling technology and bring value to
 our customers and partners by engineering solutions to specific market and
 application needs."
     Joseph Cross, Nanophase's president and CEO, noted that "our partnership
 with BYK Chemie, the leading innovator and supplier of ingredients to the
 coatings, inks, and sealants market, is a major revenue growth opportunity
 venue for Nanophase. According to a recent study by Principia Partners,
 nanocomposites, the generic classification for all markets, are expected to be
 a major growth segment for the next few years and forecasted to reach a market
 value greater than $250 million in 2008. We believe that BYK Chemie and
 Nanophase can be a significant player in this growing market."
     For additional information, contact Dr. Dan Bilicki, Nanophase's Vice
 President of Sales and Marketing at 630-771-6728, or email, or Dr. Ed Ludwig, Nanophase's Vice President of
 Business Development at 630-771-6729, or email
     Nanophase Technologies Corporation (NANX), , 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 24 United States and 51 foreign patents and patent
 applications. Information about Nanophase may be found in the Company's public
 filings or on its website.
     ALTANA Chemie develops and produces high-quality, innovative products in
 the specialty chemicals sector. ALTANA Chemie AG with its headquarters in
 Wesel, Germany, is the holding company for the three business units Additives
 & Instruments, Coatings & Sealants, and Electrical Insulation. ALTANA Chemie
 provides innovative and environmentally compatible solutions, along with the
 appropriate specialty products, for coatings manufacturers, paint and plastics
 processors, and the electronics industry. Its range of products includes
 additives, specialty coatings, sealing and compounds, impregnating agents, and
 testing and measuring instruments. In its target markets the company is market
 leader in terms of quality, innovation and service.
     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

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