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NanoDynamics Partners with the University of Southern California's Biomimetic Research Center

BUFFALO, N.Y.--(BUSINESS WIRE)--May 11, 2004-- In an effort to revolutionize biomedical devices through the design and integration of superior nanomaterials, NanoDynamics today announced that it has joined as a Senior Member of the Biomimetic MicroElectronic Systems Engineering Research Center (BMES ERC) headquartered at University of Southern California's (USC). Through an initial $17 million grant awarded by the National Science Foundation, the BMES ERC was established last fall to advance the education, research and commercialization of biomedical devices that can dramatically improve the quality of life for patients with debilitating diseases.

As part of this partnership, NanoDynamics will provide novel, high performance nanomaterials to the BMES ERC for the development of enhanced microelectronic devices that would be used to treat diseases such as blindness, paralysis and loss of cognitive function. Members of the BMES ERC research team are responsible for numerous biomedical device advances, including the cochlear implant, which has dramatically improved the quality of life for the hearing impaired.

"We are excited to partner with such a prestigious research institution such as BMES, which has already demonstrated the potential of achieving radical advancements in implantable electronics using nanotechnology. We look forward to working with USC, California Institute of Technology, University of California Santa Cruz (UCSC) and the other Industry members of the Center to develop products useful in the treatment of many debilitating diseases," stated NanoDynamics Chief Executive Officer Keith Blakely.

BMES ERC long-term research projects include retinal implants to bring sight to the blind and visually impaired, musculature nerve activators to assist in the renewed use of paralyzed limbs, and implantable electronics for controlling and treating neural disorders that result from strokes and Alzheimer's diseases.

"Bio-compatible materials play a critical role in developing state-of-the-art biomimetic devices. We are excited to partner with NanoDynamics, who offers both superior nanomaterials and significant industry expertise that will be influential in bringing our research and developments to commercialization," says Mark Humayun, M.D., Ph.D., director of the Biomimetic MicroElectronic Systems
Engineering Research Center at lead institution University of Southern California.

About the Engineering Research Center for Biomimetic MicroElectronic Systems

Headquartered at the University of Southern California in Los Angeles, the Biomimetic MicroElectronic Systems Engineering Research Center (BMES ERC) works to coordinate groundbreaking programs at USC, Caltech and UCSC to develop biomimetic devices designed to replace the neural function of damaged or diseased systems in the human body. BMES supports educational programs preparing students at all levels for careers in research, and fosters industry partnerships that will encourage the transfer of biomimetic technology to the marketplace. The Engineering Research Center for Biomimetic MicroElectronic Systems while based at a university, is a collaborative partnership, drawing together individuals and resources from such entities as universities, industry partners, government, and national laboratories.

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










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