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Nanophase Appoints New CFO

Nanophase Technologies (NASDAQ:NANX) , a leader in nanomaterials technologies and provides nanoengineered solutions for multiple industrial product applications, announced today that the Company has hired Frank Cesario to serve as its Chief Financial Officer. "We are very happy to have found a CFO of Frank's caliber to round out our executive team," stated Jess Jankowski, the Company's Chief Executive Officer.

Prior to joining Nanophase, Mr. Cesario served in a similar capacity with ISCO International, Inc., a global supplier of telecommunications equipment, as well as Turf Ventures LLC, a chemicals distributor. He began his career with KPMG Peat Marwick and then served in progressively responsible finance positions within Material Sciences Corporation and Outokumpu Copper, Inc, subsequent to that. Mr. Cesario holds an MBA (Finance) from DePaul University and a BS (Accountancy) from the University of Illinois, as well as a CPA license from the state of Illinois.

Jankowski added, "Frank's addition allows me to focus my full attention on the role of CEO instead of sharing time between the two jobs. With our executive team now complete, I am even more optimistic about continuing to lead the company in its new direction. I remain committed to building the enterprise value of Nanophase by delivering on our promise to provide solutions to customers that will help them achieve superior product performance."


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