Zyvex Announces Record Growth; Nanotechnology Company Exceeds $10 Million in Sales for 2005

Jan 24, 2006, 00:00 ET from Zyvex Corporation

    RICHARDSON, Texas, Jan. 24 /PRNewswire/ -- Zyvex today announced financial
 results for fiscal year 2005. The Texas company continues its business gains
 with total revenues in excess of $10 Million, which represented a 16 percent
 increase over 2004.
     "We had the best year in Zyvex history with our NanoWorks(R) Tools product
 line driving positive results for the quarter and the year," stated Zyvex
 CFO Timothy M. Gilmore. "Our financial and operational results reflect the
 strength of our business and provide strong momentum going into 2006."
     "Simply put, 2005 was an outstanding year for Zyvex," said Zyvex President
 Dr. Thomas A. Cellucci. "Solid and consistent execution to our strategic
 plan enabled us to ship a record number of products, generate record
 revenue, receive our 33rd patent, and add key customers and alliances around
 the world."
     "We also received ISO 9001:2000 certification from BSI, Inc., which
 clearly demonstrates our focus on quality, world-class performance, and
 continuous improvements to ensure that we deliver on the promises we make to
 our valued customers, employees, and vendors."
     Founded in 1997, Zyvex reported its first revenues in 2001, grossing
 $150,000. Company revenues grew to $1.2 Million in 2002, $4.3 Million in
 2003, and $8.6 Million in 2004. The Zyvex team anticipates that the company
 will achieve cash-flow break-even during 2006.
     Zyvex realized a 22 percent increase in new customers in 2005. The company
 has customers in the Aerospace/Defense, Healthcare/Medical, and
 Electronics/Semiconductor industries. Zyvex also has numerous key alliances
 with industry leaders, including Easton Sports, Frost & Sullivan, MIT's
 Institute for Soldier Nanotechnologies, and Texas Instruments.
     Zyvex has worldwide sales representation in Australia, China, France,
 Germany, Italy, Japan, Korea, Malaysia, New Zealand, Poland, Singapore,
 Switzerland, Taiwan, Thailand, the United Kingdom, and Vietnam through
 alliances with Keithley Instruments, Inc., Caltron, Pte., Coherent
 Scientific Pty Ltd., and L.O.T.-Oriel.
     About the Company
     Zyvex Corporation, based in Richardson, Texas, is the first molecular
 nanotechnology company. Zyvex's vision is to be the leading worldwide
 supplier of tools, products, and services that enable adaptable, affordable,
 and molecularly precise manufacturing. Zyvex commercializes nanotechnology
 to address real-world applications with high growth potential. Zyvex carries
 its scientific breakthroughs into key commercial applications in the area of
 materials, tools, and structures.

SOURCE Zyvex Corporation