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Posted in | Nanotoxicology

Sale Represents Owlstone Nanotech's First-Ever Field Deployment of Sensors for Environmental Monitoring

Published on September 23, 2008 at 9:59 PM

Advance Nanotech, Inc., today announced that the Company's majority owned subsidiary, Owlstone Nanotech, Inc., was awarded a multiple unit contract for its Lonestar environmental monitoring sensor from a U.S. based commercial entity. This sale represents Owlstone's first-ever field deployment of sensors for environmental monitoring. The initial order totaling approximately $180,000 is expected to be shipped within the next 30 days. Due to the nature of the application for which the sensors are intended, the Company is not authorized to provide any further information on the purchasing entity.

Commenting on the contract, Bret Bader, CEO of Advance Nanotech, said, "This order marks our entry into environmental monitoring, a very large market, similar in size to the homeland defense and industrial process controls verticals for which we recently launched applications. The versatility of our Lonestar gas and chemical monitor has enabled us to develop multi-market applications. The Owlstone technology was chosen for its superior real-time, advanced detection capabilities that are able to identify chemicals such as chlorine, ammonia and other toxic industrial chemicals in the parts per million and parts per billion ranges. Lonestar, the first commercial product embedding the Owlstone technology, is unique, ensuring a high level of sensitivity, selectivity while delivering the ability to be easily reprogrammed."

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