SANTA CLARA, Calif., July 12 /PRNewswire-FirstCall/ -- NanoSensors Inc.
(OTC Bulletin Board: NNSR.OB), a nanotechnology development company that
develops instruments and sensors to detect explosives, chemical and
biological agents announces today that it has formed a Technical Advisory
Board that consists of five experts in the nanotechnology industry. The
Company has named these individuals to its advisory board to assist in
identifying patented or patent-pending technologies at universities and
The Technical Advisory Board includes Professor David Tomanek of
Michigan State University, Professor Evangelyn Alocilja of Michigan State
University, Professor Seunghun Hong of Seoul National University, Professor
Hee Cheul Choi of Pohang University of Science and Technology ("Postech")
and Dr. Yung Doug Suh of Korea Research Institute of Chemical Technology.
Professor Tomanek is a leading expert in the science of carbon
nanotubes. Professor Alocilja's field of expertise is in biosensors.
Professor Hong's area of focus is in the development and assembly of
nanowire-based devices. Professor Choi's background is in the optimization
of sensor related nanotube devices. Dr. Suh is recognized for his
outstanding work in the field of characterization of nanotubes and
"We are honored to have this distinguished group of scientists join our
Technical Advisory Board. Their combined expertise provides the Company
with access to extremely valuable insights and knowledge which we will use
to assist us in bringing nanotechnology-based sensor products into the
market" said Ted Wong, Chairman and CEO of NanoSensors. "The expertise of
this Board is profound and I believe their guidance will be invaluable."
In addition, the Company also announces that each of the advisory board
members has entered into separate two-year consulting agreements with the
Company. Under these agreements, the Company has agreed to compensate each
board member in the form of a monthly retainer and grant each of them
warrants to purchase shares of the Company's common stock.
About NanoSensors, Inc.
NanoSensors, Inc. was incorporated in December, 2003 and is a
nanotechnology development company based in Santa Clara, California. The
Company's principal business is the development, manufacturing and
marketing of sensors and instruments to detect explosive (X), chemical (C)
and biological (B) agents ("XCB"), along with the management of
intellectual property derived from there that will enable NanoSensors to
create nanoscale devices.
This press release contains "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended, and are
subject to the safe harbors created thereby. These forward-looking
statements involve known and unknown risks, uncertainties and other facts
that could cause the actual future results of the Company to be materially
different from such forward looking statements. These forward-looking
statements are made only as of the date hereof, and we disclaim any
obligation to update or revise the information contained in any such
forward-looking statements, whether as a result of new information, future
events or otherwise.
SOURCE NanoSensors, Inc.