Oct. 19, 2006 — NanoGram Corp., a Milpitas, Calif., developer and licensor of core process technology for the manufacture of unique nanostructured materials for optical, electronic and energy applications, announced today that it has entered an agreement with Nagase & Co. Ltd.

Under this agreement Nagase has created a team of dedicated business development and technical resources to support the commercialization and future manufacturing of NanoGram’s technology in the Japanese market.

“NanoGram’s technology has the potential to create materials that will be critical to many industries,” said Mr. Kyoichi Zushi, director and managing executive officer of Nagase & Co. Ltd. and president of Nagase ChemteX Corp., in a prepared statement. “Nagase is happy to have established this relationship and looks forward to a very successful collaboration.”

This agreement follows the September 2006 incorporation of NanoGram K.K., the Japan-based operations of NanoGram Corp., further solidifying its local presence as the company continues to work with a growing number of Japanese customers.

Begun in 1832 as a wholesaler of dyestuffs, Nagase & Co., Ltd. is a major trader, developer, and manufacturer of chemical products in Japan. The company is also engaged in the provision of logistics and information processing services. Headquartered in Tokyo, Nagase & Co., Ltd. has 69 subsidiaries and 30 associated companies. The company has overseas operations in Taiwan, Singapore, China, the United States, Canada, the United Kingdom, Germany, and other locations.

NanoGram develops and licenses core process technology that enables the manufacture of unique nanoscale compositions for optical, electronic and energy products. NanoGram has developed an extensive intellectual property portfolio that is expanding the boundaries of nanomaterials technologies and enabling the development and manufacture of new generations of materials, devices, components and applications across a broad range of industries.