SOURCE: Nanosys, Inc.

April 12, 2006 09:00 ET

Nanosys Announces Government Contract Awards Totaling $4.6 Million

PALO ALTO, CA -- (MARKET WIRE) -- April 12, 2006 -- Nanosys, Inc. announced that it has been awarded new US government contracts that collectively total approximately $4.6 million. These new contracts come from government agencies such as the National Science Foundation (NSF), Defense Advanced Research Projects Agency (DARPA), the Department of Energy (DOE), Defense Threat Reduction Agency (DTRA) and the United States Army.

The contracted programs focus on the development of products and capabilities that incorporate Nanosys' proprietary inorganic nanotechnology for use in thin-film electronics, solid-state lighting, communications, taggants, and high performance textiles. These include follow-on grants and contracts with government agencies as a result of our successful completion of initial contract activities.

Nanosys focuses on government programs that significantly overlap with our existing technology and product development plans. As a leader in the development of nanotechnology, Nanosys is in a unique position to access government funds in a number of different areas.

About Nanosys

Nanosys, Inc. is a leader in the development of nanotechnology based products utilizing high performance inorganic nanostructures. Nanosys has built one of the broadest technology platforms in the industry with more than 450 patents and patent applications covering fundamental areas of nanotechnology. Based in Palo Alto, Calif. and privately held, Nanosys collaborates with industry leaders to develop revolutionary high-value, high-performance products for computing, optoelectronics, communications, renewable energy, defense and the life sciences.

Contact Information

    Stephen Empedocles, Ph.D.
    VP, Business Development
    Nanosys, Inc.
    (650) 776-8530
    Email Contact