Advance Nanotech names Allen to head materials group

July 27, 2005 — Advance Nanotech Inc. (OTC BB: AVNA), a provider of financing and support services for nanotech commercialization, announced the appointment of Fred Allen as senior vice president of materials.

Allen will be responsible for managing all of the firm’s partnerships and investments related to materials sciences. He will report directly to Advance Nanotech CEO Magnus Gittins.

Allen previously held a management position in R&D at Engelhard Corp. where he led the technology assessment function and nanotechnology program. He also supported Engelhard’s Ventures Group, where he participated in evaluating commercial opportunities for the firm.

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