Nanosys and Sharp Expand Development Agreement for Nanotechnology-Enabled products

Palo Alto , CA - (February 19, 2008). Nanosys, Inc. today announced the expansion and extension of its collaborative agreement with Sharp Corporation, of Osaka, Japan for the development of nanostructured device technologies for use in large area electronics products incorporating Nanosys' proprietary nanotechnology. Under the terms of this agreement, Sharp will support increased development efforts at both Nanosys and Sharp.

“Sharp and Nanosys have capitalized on their strong technical capabilities, intellectual property, and working relationship to make significant advances in the area of nanotechnology-enabled products," said Calvin Chow, Nanosys' Chief Executive Officer. “In combination with Sharp's knowledge and leadership position in the electronics market and Nanosys' unique capabilities in nanotechnology, we are excited about the numerous new product opportunities that our expanded collaboration will be pursuing.”

“Nanosys provides Sharp with a unique competitive advantage in our next generation products,” said Dr. Kenji Ohta, Corporate Senior Executive Director, Chief Technology Officer, Sharp Corporation. “We look forward to our continued and rapid progress towards developing innovative products.”

About Nanosys

Nanosys, Inc. is a leader in the development of nanotechnology enabled products utilizing high performance inorganic nanostructures. Nanosys has built one of the broadest technology platforms in the industry with over 500 patents and patent applications covering fundamental areas of nanotechnology. Based in Palo Alto, California and privately held, Nanosys collaborates with industry leaders to develop revolutionary high-value, high-performance products for computing, optoelectronics, communications, renewable energy, defense and the life sciences. Additional information on Nanosys can be found at www.nanosysinc.com .

About Sharp

Sharp Corporation is a worldwide developer of innovative products and core technologies that play a key role in shaping the future of electronics. As a leader in liquid crystal displays (LCDs) and digital technologies, Sharp offers one of the broadest and most advanced lines of consumer electronics, information products and electronic components, while also creating new network businesses. For more information, please visit Sharp's Web site at http://sharp-world.com/index.html .

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