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Nanophase Cosponsors 2005 NSTI Nanotechnology Conference

ROMEOVILLE, Ill., May 4 /PRNewswire-FirstCall/ -- Nanophase Technologies Corporation (Nasdaq: NANX), a technology leader in nanomaterials and nanoengineered products, announced that it is a Silver Sponsor for the Nano Science and Technology Institute’s 2005 Nanotechnology Conference and Trade Show to be held May 8 -- 12 in Anaheim, California. Nanotech 2005 is one of the nation’s leading nanotechnology business conferences and trade shows specifically focused on commercially available nanoproducts, partnerships, and business strategies. This conference is heavily attended by large companies that either have nanotechnology initiatives or an interest in such initiatives, including Toyota, Procter & Gamble, GE, Dow, DuPont and Motorola, as well as leading nanotechnology focused companies, such as Nanophase.

Nanophase will have a significant presence at the conference and will be presenting five papers, demonstrating the variety of technology and applications in which Nanophase is active. Dr. Patrick Murray, Senior Applications Scientist, will present “NanoArc™ — A New Physical Vapor Synthesis Process”, “Nanostructured Surface Treatments for Nano-Particulate Zinc Oxide in Cosmetic Formulations” and “The Emerging Role of Nanocrystalline Ceria in Microelectronic Polishing Applications.” Dr. Roger Cayton, Senior Applications Scientist, will present “The Impact of Nano-Materials on Coatings Technologies” and Mr. Joseph Cross, President and CEO, will present “Value Creation in Partnerships.”

Nanophase will also be displaying its platform of fully-scaled nanomaterial technologies and commercial capabilities in the Exhibition Hall on May 9, 10 and 11 at booth 514. Current and potential customers and partners, representing a variety of industries and applications, are invited to visit the company’s display.

“NanoTech 2005 will be a gathering place of the who’s who in nanotechnology, and Nanophase is once again pleased and excited to be a silver sponsor of the event, ” states Dr. Ed Ludwig, VP Business Development at Nanophase. “Because this conference has a strong focus on commercial products, I believe it will present excellent opportunities to discuss new alliances and partnerships, as well as to reinforce the ones we already have.”

Nanophase Technologies (NANX),, provides nanoengineered solutions for multiple industrial product applications. Using a platform of patented and proprietary integrated nanomaterial technologies, the Company creates products with unique performance attributes from two ISO 9001:2000 facilities. Nanophase delivers commercial quantity and quality nanoparticles, coated nanoparticles, and nanoparticle dispersions in a variety of media. The Company owns or licenses 24 United States patents and patent applications and 50 foreign patents and patent applications. Information about Nanophase may be found in the Company’s public filings or on its website.

This press release contains words such as “expects, ” “shall, ” “will, ” “believes” and similar expressions that are intended to identify forward- looking statements within the meaning of the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Such statements in this announcement are made based on the Company’s current beliefs, known events and circumstances at the time of publication, and as such, are subject in the future to unforeseen risks and uncertainties that could cause the Company’s results of operations, performance and achievements to differ materially from current expectations expressed in, or implied by, these forward-looking statements. These risk and uncertainties include the following: a decision by a customer to cancel a purchase order or supply agreement in light of the Company’s dependence on a limited number of key customers; uncertain demand for, and acceptance of, the Company’s nanocrystalline materials; the Company’s manufacturing capacity and product mix flexibility in light of customer demand; the Company’s limited marketing experience; changes in development and distribution relationships; the impact of competitive products and technologies; the Company’s dependence on patents and protection of proprietary information; the resolution of litigation in which the Company may become involved; and other risks described in the Company’s registration statement on Form 10K filed March 15, 2005 and other filings with the Securities and Exchange Commission. In addition, the Company’s forward- looking statements could be affected by general industry and market conditions and growth rates. Except as required by federal securities laws, the Company undertakes no obligation to update or revise these forward-looking statements to reflect new events, uncertainties or other contingencies.

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