Danny Furman

Two Nanotech Companies to Watch

This may be a 2 year holding, but as you said the technology is very real. My belief is that an individual investor or small firm is currently unloading a large position. The Company has no reason to constantly sell shares for .15 when more shares were being sold at .19. I sincerely believe this will be a profitable company in the 4th quarter and possibly the 3rd. Amazing partnerships have been announced without contract disclosure, which is a good thing in my opinion. This is a FY09 play for me and I wouldn't sell at 30 cents if it did run up short term. It's a matter of confidence and I don't see a real possibility for this to be a $9M company for long. I have a few positions like AVNA and I don't even consider them when I analyze my portfolio short term.
Good Luck.

Two Nanotech Companies to Watch

I hope the market makers didn't manipulate anyone out recently:

Owlstone and Agilent Technologies Collaborate to Explore FAIMS/TOF-MS Applications
1:55p ET June 2, 2009 (Market Wire)

ASMS Conference on Mass Spectrometry, June 1, 2009 - Owlstone Nanotech, Inc., a subsidiary of Advance Nanotech, Inc. (OTCBB: AVNA) and Agilent Technologies Inc. (NYSE: A), today announced a phase one agreement to develop Owlstone's field-asymmetric ion mobility spectrometry (FAIMS) filter as a front-end separation module for Agilent's Accurate Mass time-of-flight mass spectrometers (TOF-MS).

The goal is to determine how the systems can work together to enable identification of previously unresolved analytes. The collaboration will also explore how FAIMS can speed up liquid chromatographic separations, saving valuable analysis time.

Financial details were not disclosed.

"The collaboration with Agilent gives us the opportunity to integrate our technology onto highly sensitive mass spectrometers that are ideal for demonstrating the benefit of the unique high-field, fast scanning ability of our FAIMS device," said Bret Bader, Owlstone CEO. "Partnerships with highly skilled organizations like Agilent are a key part of our business strategy. We view this alliance with a recognized industry leader as a further stride in the realization of this strategy and a testament to the quality we strive to achieve at Owlstone; and we are very excited by the potential of these collaborative efforts to bring new analytical capabilities to a world-wide market."

"The fast scanning speed of the Owlstone micro-scale FAIMS device now makes it feasible to acquire ion mobility spectra from LC/MS separations in real time," said John Fjeldsted, Agilent LC/MS Research and Development director. "In particular, our TOF and QTOF systems with Agilent Jet Stream Technology are uniquely suited for coupling to high-speed ion mobility separations by virtue of very high spectral acquisition rates and an excellent analyte desolvation design."

About Agilent Technologies

Agilent Technologies Inc. (NYSE: A) is the world's premier measurement company and a technology leader in communications, electronics, life sciences and chemical analysis. The company's 19,000 employees serve customers in more than 110 countries. Agilent had net revenues of $5.8 billion in fiscal 2008. Information about Agilent is available on the Web at agilent.com.

About Advance Nanotech, Inc. and Owlstone Nanotech, Inc.

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. ("Owlstone") 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. For more information about Advance Nanotech, Inc. and Owlstone Nanotech, please visit owlstonenanotech.com.

The information contained in this news release, other than historical information, consists of forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Exchange Act of 1934. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Although the Company believes that the expectations reflected in such forward looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors, including general economic conditions, spending levels, market acceptance of product lines, the recent economic slowdown affecting technology companies, the future success of scientific studies, ability to successfully develop products, rapid technological change, changes in demand for future products, legislative, regulatory and competitive developments, the Company's ability to secure additional working capital and/or generate sufficient cash flow to support its operations, and other factors could cause actual results to differ materially from the Company's expectations. Advance Nanotech's Annual Report on Form 10-K, recent and forthcoming Quarterly Reports on Form 10-Q, recent Current Reports and other SEC filings discuss some of the important risk factors that may affect Advance Nanotech's business, results of operations and financial condition. The Company undertakes no obligation to revise or update publicly any forward-looking statements for any reason.

Two Nanotech Companies to Watch

A lot of small stocks took a big hit when the DOW dropped sharply today. Panic selling means selling way below market value with stocks like AVNA, unlike more heavily traded companies. I don't care what happens to the price of AVNA til their FY2009 financial report is released. Regardless, it is a risky play (yet a well priced one, even at .20) and should not make up a significant percentage of any portfolio. As far as going above .25 or so short term, more positive operating information would need to be released.

Two Nanotech Companies to Watch

Great Q1 released today for AVNA.ob. Expenses down 50% with new contracts to hit Q2 and Q3.

Two Nanotech Companies to Watch

My point was more that defense funds will be spent more prudently, and that may mean no changes at all (assuming those funds have been well appropriated in recent years).

Also, I failed to include that AVNA has received at least one order from Genzyme.