Advance Nano finances epi-CNT project

Dec. 13, 2005 — Advance Nanotech Inc. (OTC.BB:AVNA), a provider of financing and support services for nanotechnology research and companies, announced financing for epi-CNT, a new research project based out of the Center for Advanced Photonics and Electronics (CAPE) at the University of Cambridge, England.

The epi-CNT project — short for epitaxial growth of carbon nanotubes — will explore the development of a new method for the controlled growth of single wall carbon nanotubes that the company says could be both inexpensive and precise.

The investment was made in partnership with CAPE, an integrated research facility for electrical engineering with a staff of 20 academics, 70 post-doctoral researchers and 170 research students. The center is designed to encourage research activities to proceed to development and exploitation in close collaboration with industry.

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