Nanosys, Inc. Selected as 2004 Technology Pioneer by the World Economic Forum

Palo Alto, CA - (December 15, 2003). Nanosys Inc., the emerging leader in the field of nanotechnology-enabled systems, announced today that it was selected as one of the 2004 Technology Pioneers by the World Economic Forum. Nanosys Inc. was selected for its discovery and development of nanomaterials with fundamentally unique electronic, optical and magnetic properties, and for its integration of these revolutionary materials into nano-enabled systems applicable in life and physical sciences, information technology, renewable energy, defense and communication.

In line with the World Economic Forum’s commitment to improving the state of the world, the Technology Pioneers program was established in 2000 to identify yearly the thirty companies around the world that are designing and developing new technologies most capable of improving the way business and society operate. Each selected innovative company is harnessing, adapting, and utilizing technology in cutting-edge fields such as nanotechnology, renewable energy and biotechnology that have the most potential to better our world. The World Economic Forum is invested in monitoring and highlighting these innovations.

“We are very pleased to be selected as a 2004 Technology Pioneer by the World Economic Forum,” said Calvin Chow, Nanosys Co-founder and Chief Executive Officer. “This award is a reflection of the great strides we have made in advancing our core platform and our commercialization efforts of a truly remarkable technology. The World Economic Forum experts understand and believe in the future impact of the emerging nanotechnology industry.”

"Being recognized internationally by such a renowned organization is showing the accomplishments of Nanosys in assembling creative world scientific experts in nanotechnology research with a dynamic innovative management team" said Larry Bock, Nanosys Co-founder and Executive Chairman “It is a testimony to Nanosys’s position at the forefront of the burgeoning nanotechnology industry.”

About the World Economic Forum

The World Economic Forum (www.weforum.org), based in Geneva, Switzerland, is an independent organization committed to improving the state of the world. Funded by the contributions of 1,000 of the world's foremost corporations, the Forum acts in the spirit of entrepreneurship in the global public interest to further economic growth and social progress. The Forum serves its members and society by creating partnerships between business, political, intellectual and other leaders of society to define, discuss and advance key issues on the global agenda. Incorporated in 1971 as a foundation, the World Economic Forum is impartial and not-for-profit, and is tied to no political, partisan or national interests. In 1995 the Forum was awarded NGO consultative status with the Economic and Social Council of the United Nations.

About Nanosys

Nanosys, Inc. is a rapidly growing advanced technology company, leading the burgeoning nanotechnology industry through the development of nano-enabled systems. These systems incorporate novel and patent-protected nanostructures that integrate functional complexity directly into each individual nanoparticle, enabling the low-cost fabrication of revolutionary high-value, high-performance applications in a broad range of industries from life and physical sciences to information technology and communications to renewable energy and defense. These nanostructures include nanowires, nanorods, nanotetrapods, and nanodots formed from all of the industrially important semiconductor materials as their principal active elements. These systems exploit the fundamentally new and unique electronic, optical, magnetic, interface, and integration properties associated with materials on the nanometer-scale. The initial applications include exquisitely sensitive chemical and biological sensors, high performance large area macroelectronics, and lightweight high-efficiency conformal photovoltaics. Nanosys, Inc. is a highly innovative company combining the best talent and the strongest intellectual property position in the field of nanotechnology.