Nanosys and Intel to Investigate Nanotechnology-Enabled Memory

Palo Alto, CA - (January 14, 2004). Nanosys announced today that they have entered into a collaborative agreement with Intel to investigate using nanotechnology for future memory systems. Under the agreement, Intel will help support nano-related technology efforts at Nanosys for possible use in memory products. According to the agreement, Nanosys and Intel will work together exclusively on certain areas of memory related technologies for a set period of time.

“We’re very pleased about working with Intel in such an exciting area of opportunity” said Calvin Chow, Nanosys co-founder and Chief Executive Officer. “Intel’s expertise and success in the practical development and commercialization of semiconductor technologies for high value market segments makes them an excellent collaborator for Nanosys.”

"Investments in companies like Nanosys play an important role in exploring novel applications of next-generation materials," said David Tennenhouse, vice president and director of research at Intel. "This collaboration will combine the strength of Intel in semiconductor memory technologies and the strength of Nanosys in certain advanced nanomaterials."

Nanosys also announced that Intel Capital, the strategic investment group at Intel Corporation, participated in Nanosys’ $38M Second Round Financing that closed in May 2003.

About Intel Capital

Intel Capital, Intel’s strategic investment program, focuses on making equity investments and acquisitions to grow the Internet economy in support of Intel’s strategic interests. Intel Capital invests in hardware, software and services companies in several market segments, including computing, networking, and wireless communications. For more information, visit http://www.intel.com/capital.

About Nanosys

Nanosys, Inc. is an 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. Nanosys’s initial applications include exquisitely sensitive chemical and biological sensing structures, high performance large area electronics, and lightweight high-efficiency conformal solar cells. Nanosys, Inc. is a highly innovative company combining the best talent and has one of the strongest intellectual property positions in the field of nanotechnology.