Nanotechnology Storage Company Completes Merger

Nanometer Storage (NNOM) announced today that it has successfully completed a merger with the private Nanometer Storage Corporation (Delaware) and will remain the controlling entity.

Nanometer Storage is also announcing the hiring of Mr. Ove Dunder as its Senior Vice-President of Engineering and Research who will manage the company's product development.

Mr. Dunder, 60, a mechanical engineer, is a multiple patent holder and comes to Nanometer Storage having directed the successful development of technology solutions for other venture backed organizations.

Mr. Dunder's outstanding track record of delivering technology solutions for emerging businesses provides Nanometer Storage with the experienced leadership required for its commercialization plans. Mr. Dunder will be a key leader in further enhancing product development excellence.