Nanopoint, Inc. Finalist for 2005 World Technology Award

October 31, 2005 11:00 AM US Eastern Timezone

Nanopoint, Inc. voted best and brightest in materials/nanotech category.

HONOLULU--(BUSINESS WIRE)--Oct. 31, 2005--The World Technology Network (WTN) announced today that Nanopoint, Inc. has been named a Finalist and a new corporate member of the prestigious organization, and deemed the most innovative in the field of Materials/Nanotech. The list of 50 organizations is compiled every year by WTN members who vote on companies doing the most innovative work in their field. The WTN is a global virtual think tank whose members are focused on the business and science of bringing important emerging technologies into reality.

The World Technology Awards honours individuals and corporations from 20 technology-related sectors viewed by their peers as being the most innovative and whose work has the greatest likelihood of long-term significance. Award categories include biotechnology, communications technology, energy, environment, finance, health and medicine, IT hardware, IT software, materials/nanotechnology and space.

The World Technology Awards, held in association with TIME magazine, CNN and Science magazine among others, will take place on November 15th, 2005, in San Francisco, at the World Technology Awards Gala ceremony at San Francisco City Hall.

"It is a tremendous honour to have been nominated by industry peers for the 2005 World Technology Awards. The World Technology Awards is not just about recognizing a company, but about the very essence of innovation and acknowledging the technologies that will change the world," said Cathy Owen, president of Nanopoint, Inc.

Nominees for the 2005 World Technology Awards are identified based on an intensive, global process over a period of many months. Nominating members are primarily elected WTN Fellows from previous awards cycles, number more than 800, and are spread out over 60 countries.

James P. Clark, founder and chairman of the World Technology Network, added, "By working to make useful connections among our members, we look forward to assisting Nanopoint, Inc. in continuing to help create our collective future and change our world."

For more information on the World Technology Network, World Technology Awards and World Technology Summit, please visit www.wtn.net. For more information on Nanopoint, Inc., please visit www.nanopointimaging.com.

About World Technology Network

The World Technology Network is a New York-headquartered organization that was created to "encourage serendipity" -- happy accidents -- amongst those individuals and companies deemed by their peers to be the most innovative in the science and technology world. Each year WTN members are brought together through an ongoing global series of regional roundtables, global Summits, and other events.

About Nanopoint, Inc.

Nanopoint, Inc is a biophotonics company specializing in the development of ultra-high resolution intracellular imaging products. Nanopoint enables non-destructive continuous imaging of three dimensional objects and processes within living cells, at resolutions starting at 50 nanometers. Applications range from drug discovery and development, to the early identification of cancer disease states.