Palo Alto / Frankfurt am Main - (October 30, 2007). Nanosys, Inc., an investment holding of Nanostart AG,  announced in October the expansion and extension of its collaborative agreement with Sharp Corporation, of Osaka, Japan, to develop nanotechnology enabled fuel cells incorporating Nanosys' proprietary nanostructure technology. Under the terms of the agreement, Sharp will fund the joint development efforts at Nanosys and Sharp towards developing high performance fuel cells for use in portable consumer electronics such as laptop computers, cell phones, and multimedia devices. Financial details of the agreement were not disclosed.

"Sharp and Nanosys have made exceptional progress towards developing fuel cell technology for use in portable electronic products," said Dr. Kenji Ohta, Sharp's Chief Technology Officer. "This expanded collaboration underscores our successful working relationship and Sharp's confidence in Nanosys' technology to address the exciting opportunities in the portable power market."

"As portable electronic devices continue to expand in capability, the need for increased battery power within smaller and lighter packages will be critical to their success," said Calvin Chow, Nanosys' Chief Executive Officer, "We are very pleased to be expanding our collaboration with an industry leader like Sharp to address this market opportunity."

About Nanostart AG:
Nanostart AG is Europe’s leading nanotechnology investment company, with headquarters in Frankfurt, Germany. The company is organized into two divisions: the Portfolio Division, which manages its own investment holdings; and the Financial Services Division, which advises financial service providers on investing in the nanotechnology sector.

About Nanosys, Inc.:
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 Corp.:
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.

DISCLAIMER:
This notice constitutes neither an offer to sell nor a solicitation of offers to purchase or subscribe to securities. There will be no public offering of securities of Nanostart AG in conjunction with the existing listing of its shares in the “Entry Standard” segment of the regulated unofficial market (Freiverkehr) on the Frankfurt Stock Exchange. This notice does not constitute a securities prospectus. Neither this notice nor the information contained within is intended for direct or indirect distribution within the United States of America, Canada, Australia or Japan.

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