Nanophase Technologies Announces New Product
ROMEOVILLE, Ill., Jan 7, 2002 /PRNewswire via COMTEX/ -- Nanophase Technologies Corporation (Nasdaq: NANX), a leader in nanostructured materials and nanoengineered products, today announced the availability of a new line of high purity zinc oxide nanoparticles primarily targeted for electronic, personal care and other applications requiring UV protection combined with a very high degree of transparency. The new product line provides essentially spherical zinc oxide nanoparticles that are approximately 20 nanometers and feature narrow particle size distributions, while retaining their discrete non-aggregating properties. With this new line, Nanophase now offers zinc oxide nanoparticles in three distinct ranges: sixty (60) nanometer, thirty-five (35) nanometer, and twenty (20) nanometer. All product lines offer high particle and surface chemical purity and are manufactured to ISO-9001, USP, and cGMP standards.
"We believe that there are a variety of applications for these smaller nanocrystalline materials," stated Dr. Don Freed, Nanophase's vice-president of business development. "It has been demonstrated that different size nanoparticles of the same material may have distinctly different physical properties and behave differently in applications. We intend to expand our product offerings and plan to offer small versions of additional oxide products in the near future."
The new zinc oxide products are available both as dry powders and as stable dispersions in a variety of solvents, both aqueous and organic. The new products can also be surface treated using Nanophase's patented Discrete Particle Encapsulation (DPE) process and engineered to meet specific customer applications such as transparent coatings designed to protect against ultraviolet and infrared radiation (similar in concept to the Company's already successful sunscreen products, but designed for industrial uses).
The extremely low levels of heavy metal impurities make this zinc oxide suitable for high reliability electronics applications including capacitors, varistors, photoprinting and electrophotography. The inherent flexibility of the PVS process allows the company to manufacture various intermediate particle sizes to meet customer-specific applications.
Nanophase Technologies Corporation provides engineered solutions utilizing nanocrystalline materials for a variety of industrial product applications. Using proprietary technology to produce nanocrystalline materials, the company creates products with unique performance attributes. The company's global customer base includes Fortune 500 companies. Nanophase trades on the Nasdaq NMS under the symbol "NANX." Visit the company's web site at www.nanophase.com .
The words "expect", "anticipates", "plans", "forecasts" and similar expressions are intended to identify forward looking statements. Statements contained in this news release that are not historical facts are forward looking statements that are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These statements reflect the Company's current beliefs, and a number of important factors could cause actual results for future periods to differ materially from those expressed in this news release. These important factors include, without limitation: a decision of the customer to cancel a purchase order or supply agreement; demand for, and acceptance of, the Company's nanocrystalline materials; changes in development and distribution relationships; the impact of competitive products and technologies; possible disruption in commercial activities occasioned by terrorist activity and armed conflict; and other risks indicated in the Company's filings with the Securities and Exchange Commission. Nanophase undertakes no obligation to update or revise these forward-looking statements to reflect new events or uncertainties.
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SOURCE Nanophase Technologies Corporation
CONTACT: Joseph Cross, President, CEO, +1-630-771-6705, Dan Bilicki, VP, Sales Mktg., +1-630-771-6728, or Nancy Baldwin, Investor Communications, +1-630-771-6707, all of Nanophase Technologies Corporation; General, Tad Gage, +1-312-640-6745, Analysts, Lisa Fortuna, +1-312-640-6779, or Media, Tim Grace, +1-312-274-2240, all of FRB Weber Shandwick
URL: www.nanophase.com www.prnewswire.com
Copyright (C) 2002 PR Newswire. All rights reserved.
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ROMEOVILLE, Ill., Jan 7, 2002 /PRNewswire via COMTEX/ -- Nanophase Technologies Corporation (Nasdaq: NANX), a leader in nanostructured materials and nanoengineered products, today announced the availability of a new line of high purity zinc oxide nanoparticles primarily targeted for electronic, personal care and other applications requiring UV protection combined with a very high degree of transparency. The new product line provides essentially spherical zinc oxide nanoparticles that are approximately 20 nanometers and feature narrow particle size distributions, while retaining their discrete non-aggregating properties. With this new line, Nanophase now offers zinc oxide nanoparticles in three distinct ranges: sixty (60) nanometer, thirty-five (35) nanometer, and twenty (20) nanometer. All product lines offer high particle and surface chemical purity and are manufactured to ISO-9001, USP, and cGMP standards.
"We believe that there are a variety of applications for these smaller nanocrystalline materials," stated Dr. Don Freed, Nanophase's vice-president of business development. "It has been demonstrated that different size nanoparticles of the same material may have distinctly different physical properties and behave differently in applications. We intend to expand our product offerings and plan to offer small versions of additional oxide products in the near future."
The new zinc oxide products are available both as dry powders and as stable dispersions in a variety of solvents, both aqueous and organic. The new products can also be surface treated using Nanophase's patented Discrete Particle Encapsulation (DPE) process and engineered to meet specific customer applications such as transparent coatings designed to protect against ultraviolet and infrared radiation (similar in concept to the Company's already successful sunscreen products, but designed for industrial uses).
The extremely low levels of heavy metal impurities make this zinc oxide suitable for high reliability electronics applications including capacitors, varistors, photoprinting and electrophotography. The inherent flexibility of the PVS process allows the company to manufacture various intermediate particle sizes to meet customer-specific applications.
Nanophase Technologies Corporation provides engineered solutions utilizing nanocrystalline materials for a variety of industrial product applications. Using proprietary technology to produce nanocrystalline materials, the company creates products with unique performance attributes. The company's global customer base includes Fortune 500 companies. Nanophase trades on the Nasdaq NMS under the symbol "NANX." Visit the company's web site at www.nanophase.com .
The words "expect", "anticipates", "plans", "forecasts" and similar expressions are intended to identify forward looking statements. Statements contained in this news release that are not historical facts are forward looking statements that are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These statements reflect the Company's current beliefs, and a number of important factors could cause actual results for future periods to differ materially from those expressed in this news release. These important factors include, without limitation: a decision of the customer to cancel a purchase order or supply agreement; demand for, and acceptance of, the Company's nanocrystalline materials; changes in development and distribution relationships; the impact of competitive products and technologies; possible disruption in commercial activities occasioned by terrorist activity and armed conflict; and other risks indicated in the Company's filings with the Securities and Exchange Commission. Nanophase undertakes no obligation to update or revise these forward-looking statements to reflect new events or uncertainties.
MAKE YOUR OPINION COUNT - Click Here tbutton.prnewswire.com/prn/11690X55974687
SOURCE Nanophase Technologies Corporation
CONTACT: Joseph Cross, President, CEO, +1-630-771-6705, Dan Bilicki, VP, Sales Mktg., +1-630-771-6728, or Nancy Baldwin, Investor Communications, +1-630-771-6707, all of Nanophase Technologies Corporation; General, Tad Gage, +1-312-640-6745, Analysts, Lisa Fortuna, +1-312-640-6779, or Media, Tim Grace, +1-312-274-2240, all of FRB Weber Shandwick
URL: www.nanophase.com www.prnewswire.com
Copyright (C) 2002 PR Newswire. All rights reserved.
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