Advance Nanotech names new chairman

April 7, 2006 — Advance Nanotech Inc. (OTC.BB: AVNA), a provider of financing and support services to expedite the commercialization of nanotechnology discoveries, announced that Joe Parkinson has been appointed non-executive chairman. Parkinson will assume the role from Lee Cole, who has stepped down, but will continue to serve as a director of the company.

Parkinson has served in past leadership positions at a number of technology companies, including as CEO of 8×8 Inc. He is chiefly known as the co-founder of semiconductor manufacturer Micron Technology. Parkinson served as president and then chairman and CEO of Micron for many years, beginning with the company’s inception.


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