| Negative implications for platinum.  Indirect favorable for gold. 
 
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 Nanostellar's Mixed-Phase NO  Oxidation Catalyst (Noxicat™) Continues to gain recognition among  customers and scientific community Noxicat™ based paper published in the  magazine Science: Mixed-Phase Oxide Catalyst Based on Mn-Mullite ( Sm,  Gd)Mn2O5 for NO Oxidation in Diesel Exhaust
 By  Nanostellar, Inc.
 
 Nanostellar, Inc.
 Last modified: 2012-08-18T13:06:23Z
 
 Published: Saturday, Aug. 18, 2012 -  6:06 am
 
 Copyright 2012 . All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
 
 REDWOOD CITY, Calif., Aug. 18, 2012 --  			/PRNewswire/ -- Nanostellar, Inc., a company developing materials for  automotive emissions control and other cleantech applications announced  that a paper based on its Noxicat™ catalyst has been published in the  August 2012 issue of Science.  Noxicat™ has already received  considerable interest from manufacturers of light-duty and heavy-duty  diesel engines for its ability to help  engine manufacturers reduce harmful  greenhouse gas emissions while dramatically reducing the cost of doing so.
 
 Oxides of nitrogen (NOx) produced during the combustion process in  diesel engines are strictly regulated  greenhouse gasses.  Efficient conversion of NOx into nitrogen in vehicles using  diesel engines requires oxidizing some NO into NO2.  Currently, the  industry practice is to use high levels of platinum, which saddles the  engine manufacturers with extremely high cost and low stability under hydro-thermal conditions to which these systems are exposed.
 
 "We  achieved the goal of finding a NO oxidation catalyst that performs  better than platinum, does not use any precious metals and is  hydrothermally stable" remarked Geoffrey McCool, who invented this  material.  Noxicat™ is stable within diesel exhaust temperature range,  while platinum based solutions tend to sinter and loose activity when  exposed at temperatures higher than 750 degrees C. This novel material  starts being active at temperatures as low as 120 degrees C with NO to  NO2 conversion maxima of ~45% higher than that achieved with  Pt after prolonged thermal aging.  Structurally, the active site was  found to be a Mn-Mn dimer on stepped mullite surfaces.  "According to my  density functional theory calculations, Noxicat's active site has a  comparable rate limiting step to that of platinum," stated Weichao Wang,  leading author of Science article.
 
 "In addition to significantly reducing the costs of emissions control  systems, Noxicat™ has numerous performance benefits over the incumbent  platinum based catalysts" commented Pankaj Dhingra, Nanostellar's  President and CEO.  "Noxicat™ enables higher  fuel efficiency  by allowing engine designers to reduce the frequency of filter  regeneration events and allows for redesign of the emissions control  system for further optimization."
 
 Dr. Bulent Yavuz, Nanostellar's  vice president of sales and marketing who has been monitoring the  reaction of early customers stated that "Noxicat™ has created an  unprecedented level of excitement among heavy-duty diesel  engine manufacturers for both its performance benefits and its promise of significant  cost reductions.   The commercialization efforts received a further boost when customer  testing revealed that Noxicat™ is able to regenerate itself after  exposure to fuel-borne sulfur."
 
 About Nanostellar
 
 Nanostellar  develops advanced catalysts for emissions control and other cleantech  applications.  These solutions are developed using the Company's  innovative Rational Design Methodology which incorporates computational  methods, nano-materials synthesis expertise and strong characterization  techniques.
 
 In 2008 the  World Economic Forum  recognized Nanostellar as a Technology Pioneer, an honor it bestows on  those companies whose innovations are expected to have a critical impact  on the future of business and society.   In 2011 Nanostellar was named  as a top emerging catalyst company by Lux Research, an independent  research and advisory firm providing strategic advice and on-going  intelligence on  emerging technologies.
 
 The company is located in  Silicon Valley, California, and is funded by  venture capital and other private investors.
 
 For more information, visit  www.nanostellar.com.
 
 Nanostellar  is a registered trademark of Nanostellar, Inc. All other brands,  products, or service names are or may be trademarks or service marks of  their respective owners.
 
 SOURCE  Nanostellar, Inc.
 
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