Nanosys Selected for Red Herring Top 100 Innovators Award

Palo Alto , CA - (December 7, 2004) Nanosys Inc. announced today that it has been selected as a Top 100 Innovator by Red Herring. Nanosys was recognized for its innovations in the field of nanotechnology a nd will be honored this week at the Red Herring Fall 2004 conference at the Monterey Plaza Hotel in Monterey , California .

“Nanosys is delighted to be selected by Red Herring as one of the top 100 innovators for 2004. This selection is a further affirmation of Nanosys' platform technology and product commercialization strategy.” said Larry Bock , Executive Chairman of Nanosys.

“Selection for the Innovation 100 puts a company in an elite group. The editors worked hard to identify the companies who will benefit from the important technology trends in the coming year,” said Joel Dreyfuss, Editor-in-Chief of Red Herring.

Red Herring's editorial staff evaluated over 1200 submissions from 900 companies. The editors used a careful analysis of financial data as well as subjective criteria, including quality of management, execution of strategy, and dedication to research and development.

About Nanosys

Nanosys, Inc. is a leader in the development of nanotechnology based products utilizing high performance inorganic nanostructures. Nanosys has built one of the broadest technology platforms in the industry with more than 250 patents and patent applications covering fundamental areas of nanotechnology. Based in Palo Alto, Calif. and privately held, Nanosys collaborates with industry leaders including Dupont, Intel, Matsushita Electric Works and SAIC to develop revolutionary high-value, high-performance products for computing, optoelectronics, communications, energy, defense and the life and physical sciences. Additional information on Nanosys can be found at www.nanosysinc.com

About Red Herring

Red Herring covers technology innovation, venture financing, and the deals that make a difference. Its award-winning journalists go deeper, providing a comprehensive, critical analysis of what's new and why it matters. Red Herring covers the business trends with insight that counts, serving today's entrepreneurs and the technology of tomorrow. Head to www.REDHERRING.com for articles, newsletters, and research reports that matter. Red Herring Conferences are open only to CEOs and select senior executives.

Contact the Red Herring at info@redherring.com or 650.428.2900

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