Advance Nanotech appoints general counsel

Jan. 24, 2006 – Advance Nanotech Inc. (OTC.BB: AVNA), a provider of financing and support services for nanotechnology companies and research, announced that it appointed Lowell Dashefsky as general counsel. Dashefsky will be responsible for directing all legal activities for Advance Nanotech and its subsidiaries and will report directly to CEO Magnus Gittins.

For the past five years Dashefsky has been an associate at Shearman & Sterling in New York where he was a member of the intellectual property transactions group. He represented clients in a variety of industries, including pharmaceuticals, medical devices, consumer products, financial services and information technology. Prior to his employment at Shearman & Sterling, Dashefsky was an associate at Fish & Neave where he practiced patent and trademark litigation.


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