PALO ALTO, Calif., Aug. 9 /PRNewswire/ -- Nanosys, Inc., a leading nanotechnology company, today announced that Peter S. Garcia has joined the company as its Chief Financial Officer. Mr. Garcia brings extensive executive expertise to Nanosys with over 19 years experience in various financial roles at both start-up and public biotechnology and high technology companies. Prior to Nanosys, Mr. Garcia was Senior Vice President and Chief Financial Officer of Nuvelo Inc. (Nasdaq: NUVO), a biopharmaceutical company. During his tenure at Nuvelo, he helped raise over $150 million, acquired development stage products, and led the merger and acquisition strategy. Prior to Nuvelo, Mr. Garcia served as Chief Financial Officer for Novacept Inc., IntraBiotics Pharmaceuticals, and Dendreon Corporation. He was instrumental in raising over $500 million for these companies. His prior financial operations experience comes from Amgen Inc. and Teradata Corporation where he held a variety of financial management positions. Mr. Garcia has an M.B.A. from the Anderson School at University of California Los Angeles and a B.A. in Economics and Sociology from Stanford University. "We are extremely pleased with Pete joining the Nanosys team," says Calvin Chow, Nanosys CEO and co-founder. "Pete's demonstrated accomplishments across multiple industries from computing to biotechnology make him ideal for addressing the diverse and numerous opportunities that Nanosys is presented with." Peter Garcia said, "I am excited and energized at the opportunity to be joining a company with the potential to develop products that revolutionize the way companies do business. Nanosys' technology, intellectual property, and scientific and business leadership provide a compelling competitive advantage in the field of nanotechnology." About Nanosys Nanosys, Inc. is a leader in the development of nanotechnology based products utilizing inorganic nanostructures. Nanosys has built one of the broadest technology platforms in the industry with more than 250 patents and patent applications covering fundamental areas of nanotechnology. Based in Palo Alto, Calif., Nanosys collaborates with industry leaders including Dupont, Intel, Matsushita Electric Works and SAIC to develop revolutionary high-value, high-performance products for computing, optoelectronics, communications, energy, defense and the life and physical sciences. Contact: Calvin Chow CEO, Nanosys, Inc. firstname.lastname@example.org (650) 331-2100
SOURCE Nanosys, Inc.