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Nanosys and Sharp Expand Development Agreement for Nanotechnology-Enabled Products

Tue Feb 19, 2008 8:33am EST
  PALO ALTO, CA, Feb 19 (MARKET WIRE) -- 
 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.

    

CONTACT:
Peter Garcia
Chief Financial Officer
Nanosys, Inc.
(650) 331-2154
Email Contact

Copyright 2008, Market Wire, All rights reserved.

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