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Owlstone Enters Into Dev. Contract With Alphasense

July 28, 2009

Alphasense, an independent gas sensor technology company, has contracted with Owlstone Nanotech to apply Owlstones advection diffusion spectrometry (ADS) technology for chemical detection.


NEW YORK, NY--(Marketwire) - Advance Nanotech, Inc. (OTCBB: AVNA) announced that the Company's majority owned subsidiary, Owlstone Nanotech, Inc., has received a new development contract from Alphasense Ltd., a UK based leading independent gas sensor technology company. Alphasense supplies high quality oxygen, toxic and flammable sensors to many of the world's leading industrial OEMs and end users.

The development contract is the first of a FAIMs derivative technology developed by Owlstone called Advection Diffusion Spectrometry (ADS). ADS is applicable to a wide range of applications where target chemicals are known and size is relevant in deployment. The Owlstone ADS platform combines high sensitivity with mobility measurement in an extremely compact and efficient form factor. The development work with Alphasense centers on applications for a broad range of detection applications, including process monitoring of industrial feedstocks.

"Alphasense is a leader in the development and manufacture of sensors for industrial gas detection, stack gas analysers and environmental monitoring instruments," commented Bret Bader, CEO of Advance Nanotech. "This development contract leverages the additional technologies in Owlstone's IP portfolio, which will lead to superior gas detection applications."

John Saffell, Technology Director at Alphasense, commented, "Successful development of this new sensor technology will open a range of exciting commercial opportunities for Alphasense. We are very happy to be working with Owlstone in what should prove to be a mutually rewarding partnership."

About Alphasense
Alphasense Ltd. is an independent sensor manufacturing and technology company, founded in response to an overwhelming demand from gas detection OEMs and end users for better quality gas sensors with a higher level of support. Alphasense is located in Great Notley, England.

About Advance Nanotech and Owlstone Nanotech
Advance Nanotech, Inc. (d/b/a Owlstone) is in the process of restructuring its business and becoming an operating company focused on its majority owned subsidiary Owlstone Nanotech's next generation chemical detection technology. Owlstone Nanotech, Inc. is a pioneer in the commercialization of chemical detection products. The Owlstone detector is a revolutionary dime-sized sensor that can be programmed to detect a wide range of chemical agents that may be present in extremely small quantities. Using leading-edge micro- and nano fabrication techniques, Owlstone has created a complete chemical detection sensor that is significantly smaller and can be produced more cost effectively than products using existing technology. There are numerous applications—across industries from security and defense to industrial process, air quality control and healthcare—that depend on the rapid, accurate detection and measurement of chemical compounds. Owlstone works with market leaders within these industries to integrate the detector into next generation chemical sensing products and solutions. Owlstone's technology offers a unique combination of benefits, including small size, low manufacturing costs, minimal power consumption, reduced false-positives, and a customizable platform.






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