October 12, 2005 – Nanosys Inc. has entered into a multiyear development agreement with Sharp Corp., Osaka, Japan, to develop display technologies incorporating Nanosys’ proprietary nanotechnology. Under the terms of this development agreement, Sharp will collaborate and support efforts at both Nanosys and Sharp. No other details were disclosed.

This is the second major collaboration agreement announced between Nanosys and Sharp over the past 12 months; the first agreement focused on developing a new fuel cell technology for portable electronics.

“We are extremely pleased to be working with Sharp on yet another significant product opportunity for our technology,” said Calvin Chow, Nanosys’ Chief Executive Officer.