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NanoInk Retains Lazard as Strategic Advisor

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NanoInk,® Inc. has announced that it has initiated a process to evaluate the company's strategic alternatives with the assistance of its financial advisor, Lazard.

NanoInk is the leader in next-generation nanolithography and has been developing and commercializing disruptive nanoscale products and applications for the life sciences and technology industries.

In life sciences, the company's technology is currently being applied to proteomics, diagnostics, cell biology and other areas.

NanoInk's patent portfolio includes more than 100 issued patents and nearly 250 patent applications worldwide covering their next-generation nanolithography.

Due to the broad applicability of NanoInk's technology across multiple industries, the company is considering a range of strategic alternatives including, but not limited to, a sale of the company, a sale of specific DPN® applications and/or the NanoGuardian™ business, or partnerships around NanoInk's technology.

James M. Hussey, CEO of NanoInk said, "Our next-generation nanolithography technology has experienced robust sales growth and expansion into new applications, particularly in the life sciences. NanoInk is pleased to work with Lazard to secure the optimal structure for rapid and broad proliferation of our technology worldwide."