BUFFALO, N.Y.--(BUSINESS WIRE)--June 28, 2004--NanoDynamics, Inc., a leading manufacturer of superior nanomaterials, today announced that Dr. Alan Rae has joined the company as Vice President of Market and Business Development. In this role, Dr. Rae will manage the ND Innovations strategic business unit and will be responsible for developing markets and business opportunities for commercial products. Dr. Rae will report to Keith Blakely, CEO of NanoDynamics.

Dr. Rae is a prominent technologist with 25 years of experience in the field of advanced materials. Most recently, Dr. Rae was elected the first Director of Research of the National Electronics Manufacturing Initiative (NEMI), an industry-led consortium focused on strengthening the global electronics manufacturing supply chain. As head of NEMI's newly organized Research Committee, Dr. Rae works with the committee to organize and publish NEMI research priorities, present those priorities to research institutes and funding organizations, identify funding opportunities, monitor industry progress toward NEMI's goals, and monitor progress in nanotechnology research.

"We are thrilled to have Alan join NanoDynamics. His experience and credentials in a broad range of technical and industrial markets as well as his domestic and international business expertise are a perfect fit for our organization and will prove valuable as NanoDynamics grows," commented Keith Blakely, CEO of NanoDynamics. "Having worked with global leaders in the electronics, semiconductor, automotive, aerospace and energy industries, Alan possesses great insight into both the potential and practical aspects of introducing advanced materials in commercial applications. His recent appointment as NEMI's Director of Research is a testament to the high regard with which he is held by his peers."

"I am enthusiastic to join NanoDynamics as we work to establish additional commercial markets for our advanced materials and components," said Dr. Rae. "As the ability to commercialize nanotechnologies continues to evolve, I look forward to being actively involved in unearthing opportunities to bring the benefits of nanotechnology - enhanced products to the market."

Prior to joining NanoDynamics, Dr. Rae most recently served as the Vice President of Technology for Cookson Electronics. Prior to that, he served in several technical and production capacities at TAM Ceramics, the world leader in the development of ceramic materials for advanced electronics, including barium titanate, zirconia, and zircon. Dr. Rae was instrumental in the acquisition of the Sun Valley barium titanate operation from DuPont, as well as the divestiture of TAM to Ferro Corporation in 1999. Additionally, Dr. Rae was responsible for construction of an advanced ceramic powders plant and arranging numerous international licenses of technology at Anzon Limited, a subsidiary of the Cookson Group.

Dr. Rae received a Bachelor of Science degree in Chemistry from Aberdeen University, as well as a PhD in Metallurgy and Engineering Materials and a Masters of Business Administration from Newcastle Upon Tyne.

About NanoDynamics

NanoDynamics, Inc. is a leading manufacturer of superior nanomaterials that will dramatically improve the form, function and performance of a wide range of both industrial and consumer products. The Company is uniquely positioned, utilizing proprietary and protected technologies, to commercially manufacture economical, high quality nanomaterials that will enable revolutionary advancements in industries including electronics, semiconductors, consumer products, fuel cells, transportation, energy and biotechnology. For further information, please visit the Company's website at www.nanodynamics.com.