Product News: Materials & Material Processing, Paints & Coatings

Polishing Products include spherical alumina nanoparticles.

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Press Release Summary:

March 31, 2006 - NanoTek® alumina polishing products feature nanoparticles which are approximately 80 nm. Products are available in aqueous dispersions that are stable in pH range from 4-10, and dispersions in other solvents are available for specialized applications. Alumina nanoparticles are suited for electronics, displays, and optical polishing applications.

Nanophase Technologies Corp.

453 Commerce St., Burr Ridge, IL, 60521, USA

Original Press Release

Nanophase Announces Expansion of NanoTek® Alumina Polishing Products for Electronic and Optical Applications

Press release date: February 27, 2006

ROMEOVILLE, Ill., Feb. 27 / -- Nanophase Technologies (NASDAQ:NANX), a technology leader in nanomaterials and advanced nanomaterial products, announced an extension to its line of alumina-based polishing products for electronics, displays, and optical polishing applications. The new alumina nanoparticles developed specifically for these applications are essentially spherical, leading to excellent surface finish and significantly reduced defect rates.

Additionally, the new NanoTek® alumina is approximately 80 nanometers, twice as large as the Company's current alumina product, to increase removal rates in polishing while lowering the cost of ownership and providing outstanding surface quality. NanoTek® alumina polishing products are available in aqueous dispersions that are highly stable in pH ranges from 4 to 10. Dispersions in other solvents are available for specialized applications. Dr. Dan Coy, Nanophase's Director of Engineering, noted, "This product is a significant addition to Nanophase's alumina-based polishing products, offering highly controlled particle size distribution, higher controlled polishing removal rates, and excellent surface finish."

Ian Roberts, Nanophase's vice president of U.S. and international sales, stated "Electronic and optical polishing applications are one of Nanophase's target markets. During 2005, revenues to these markets climbed over 600% compared to 2004, and we added several new customers. This new NanoTek® product was developed based on requirements in these markets and we anticipate solid market acceptance."

For additional information, contact Ian Roberts, vice president U.S. and international sales, at 630-771-6730 or email iroberts@nanophase.com .

Nanophase Technologies Corporation (NANX), http://www.nanophase.com/ , is a leader in nanomaterials technologies and 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 and ISO 14001 facilities. Nanophase delivers commercial quantity and quality nanoparticles, coated nanoparticles, and nanoparticle dispersions in a variety of media. The Company owns or licenses 21 United States and 51 foreign patents and patent applications. Information about Nanophase may be found in the Company's public filings or on its website.

Source: Nanophase Technologies Corporation

CONTACT: Joseph Cross, President, CEO, +1-630-771-6705

Web site: http://www.nanophase.com/

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