| Nanophase Technologies Corporation, a technology leader in nanomaterials and nanoengineered products, announced pilot availability of silver doped nanocrystalline tin oxide. The new nanomaterial is approximately thirty nanometers with a 3% by weight silver content. Nanophase is targeting the material for certain industrial antimicrobial applications such as wood preservation, marine antifouling, specialty paints and coatings, and plastic and rubber additives, as well as conductive coatings and electronic materials. “Nanophase is targeting antimicrobial applications, both industrial and in personal care, as a potential growth area for nanomaterials,” stated Dr. Ed Ludwig, Nanophase’s vice president of business development. “We expect to develop additional materials for these potential markets during 2004.” Nanophase’s silver doped tin oxide consists of non-porous, dense, discrete, homogenous nanoparticles in the thirty nanometer range. The nanomaterial is available in pilot quantities and the Company is interested in joint development opportunities for industrial antimicrobial or electronic materials applications. |