Nanophase

Nanophase CEO and President Jess Jankowski commented, Year-to-date revenue is ahead of last year and we believe that gap will grow as we move through the second half of 2011.

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Nanophase has a 180-day grace period, through March 14, 2012, to regain compliance with the Rule.

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Nanophase has scheduled its quarterly conference call for August 4, 2011, at 10:00 a.m.

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To be clear, the materials Nanophase works with outside of our polishing business are not included in the rare earth classification and are not impacted by this supply issue.

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Nanophase delivers commercial quantity and quality nanoparticles, coated nanoparticles, and nanoparticle dispersions in a variety of media.

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Nanophase Technologies Corporation NANX, www.nanophase.com , is a leader in nanomaterials technologies and provides nanoengineered solutions for multiple industrial product applications.

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"Now that Nanophase has an enhanced degree of freedom to operate in various areas, including energy conservation and storage, we have launched a few projects leading toward potential commercial product introductions in this space," said Mr. Jankowski.

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Nanophase Technologies Corporation , a technology leader in the development of advanced nanoengineered products, announced today that the company's president and CEO, Jess Jankowski, is a keynote speaker at the 4 th Annual Nano Energy Summit being held October 25-26, 2011, at the Colorado School of Mines in Golden, Colorado.

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Specifically, Mr. Jankowski will discuss the challenges of nano-enabled energy applications and the ways that Nanophase has approached some of the technical and business challenges inherent in commercializing new technologies.

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Nanophase believes that the presentation of results excluding certain items, such as severance charges and non-cash equity compensation charges, provides meaningful supplemental information to both management and investors, facilitating the evaluation of performance across reporting periods.

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