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Company Contact:

Tim Fahey
Vice President, Business Development
Five Star Technologies
Phone: 440-239-7005 ext. 480
E-mail: tfahey@fivestartech.com

Media Contact:

Tom Gibson
The Gibson Network
Phone: 216-320-1520
E-mail: tgibson1@ameritech.net

October 20 2006

Five Star Technologies Named Nanotech Startup with World's "Top Commercial Viability"

Cleveland, Ohio. October 20, 2006. Five Star Technologies, a supplier of high-performance powders and dispersions with applications throughout the electronics industry, has been named the nanotechnology startup with the "top commercial viability" by Lux Research, Inc. (www.luxresearchinc.com). Lux Research, a leading analyst research firm, reached its conclusion after studying a group of 136 venture-capital-backed companies around the world with significant nanotechnology capabilities.

The report said that Five Star Technologies' high number of applications on the market, and attractive price/performance improvements over traditional materials, are primary reasons that Five Star Technologies leads the commercial viability category. That category, the report said, measures how able companies are at taking their science projects from the lab to the factory and the marketplace.

"We're gratified, but not surprised at Lux Research's conclusions," says Tim Fahey, vice president, business development for Five Star. "As we are discovering from our joint tests with customers, Five Star's ability to customize a wide range of particles to either the micron or nanoscale and then maintain them in stable dispersions, is genuinely unique. This capability, which allows customers to economically produce circuit features with greater detail and precision, is essential for current and future generations of a wide range of microelectronics products."

"At the recent IMAPS show in San Diego, we formally introduced to the entire industry the advantages that we have been delivering to customers in semiconductor packaging. The translation of our unique dispersions into enhanced thermal and electrical performance has attracted a lot of attention."

"Similarly, we also experienced tremendous interest at the IMI conference on printable electronics and displays. Clearly, producers of various types of flat panel displays are frustrated by the high cost and processing problems they experience with "nano-inks." The fact that Five Star can deliver sub-micron dispersions and inks that meet today's line-width targets and are process-stable, affordable and deliverable in metric-ton quantities, got everyone's attention."

About Five Star Technologies
Five Star Technologies is a supplier of high-performance powders and dispersions for use in semiconductor and microelectronic packaging, display and ceramic component applications. Using its patented Particle Management Technology, Five Star creates precision dispersions of a wide range of materials (metals, oxides, nitrides, carbon fibers, etc.) in various organic media. Our products exhibit unparalleled rheological stability and exceptional particle size control, enabling our customers to produce materials with next-generation performance profiles.

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