SOURCE: Nanoptek Corporation

June 20, 2008 15:01 ET

Nanoptek Corporation Leases 6,050 Sq. Ft. at Mill Pond Square in Maynard, MA

MAYNARD, MA--(Marketwire - June 20, 2008) - Nanoptek Corporation, a company developing technology that produces hydrogen from water and sunlight, announced today that it is moving to Mill Pond Square, 63 Great Road, in Maynard, Massachusetts.

Mill Pond Square has both the charms of an old mill building as well as completely modern updates, including large column-less floor expanses. It is situated on the beautiful Mill Pond, and being at the intersection of Routes 117 and 62, it is easily located and accessible to visitors, and provides ample adjacent parking.

John Guerra, President and CEO, said, "The new facility is a perfect fit for this next stage in our corporate growth and identity, as it provides the space and functionality our growing team requires to meet our ambitious technical and business goals over the next few years."

The lease with 63 Great Road Partners LLC, a Massachusetts company in Concord, was brokered by The Stubblebine Company and O'Brien Commercial. "63 Great Road Partners LLC, our landlord, has been very accommodating and welcoming. And we are looking forward to meeting our neighbors from the exciting R&D companies already in the building," said Guerra.

The new location has a large open floor plan that will accommodate Nanoptek's expanding R&D labs, as well as ample room for product development and pilot manufacturing. The facility, which faces south for best solar exposure, includes a unique testing bay for pre-production prototypes of Nanoptek's solar hydrogen generator, as well as a roof deck for long term testing of prototypes.

"We especially like the fact that we are still in Maynard, and only a few minutes walking distance from the amenities and our friends in downtown businesses," added Guerra.

The move is expected to be complete in early July 2008.

About Nanoptek Corporation

Nanoptek Corporation, a Delaware corporation with headquarters in Maynard, Massachusetts, is a renewable energy company developing technology to reduce global warming by addressing markets for carbon-free, low-cost, locally produced hydrogen. The Company's website is

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