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To: Bill Harmond who wrote (21637)8/4/2004 12:49:18 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 57684
 
I'm not surprised. This is not a market for nanosys or for that matter google. Its too late for google they are going out in this climate come hell or high water. Most other IPOs will be withdrawn in my opinion.



To: Bill Harmond who wrote (21637)8/4/2004 1:38:16 PM
From: Gerald R. Lampton  Respond to of 57684
 
8/4/04 PR Newswire 16:30:00

PR Newswire (U.S.)
Copyright © 2004 PR Newswire Association LLC. All Rights Reserved.

Wednesday, August 4, 2004

Nanosys, Inc. Withdraws Initial Public Offering

PALO ALTO, Calif., Aug. 4 /PRNewswire/ -- Nanosys, Inc. announced today that it has
decided to withdraw its initial public offering of common stock. Based on adverse market
conditions, Nanosys has determined that it is not advisable at this time to proceed with the
proposed offering. This news release shall not constitute an offer to sell or the solicitation of
an offer to buy, nor shall there be any sale of these securities in any jurisdiction, if such
offer, solicitation or sale would be unlawful prior to registration of qualification under the
securities laws of any such jurisdiction.

Safe Harbor Statement

This news release contains forward-looking statements relating to the timing of the proposed
initial public offering of Nanosys' common stock. Actual events could differ materially as a
result of many factors including market conditions, investor demand for initial public offerings,
Nanosys' business and financial performance, and general economic, business competitive or
regulatory conditions.

About Nanosys

Based in Palo Alto, Calif., Nanosys is a nanotechnology company developing nano-enabled
systems based on a platform technology incorporating patent- protected, high performance,
and highly integrated inorganic semiconductor nanostructures. Nanosys has strategic
collaborators such as Intel, DuPont, Matsushita Electric Works and SAIC to develop
nanotechnology-enabled components for products in information technology,
communications, renewable energy, defense and the life and physical sciences.

CONTACT: Calvin Chow CEO, Nanosys, Inc. (650) 331-2102 cchow@nanosysinc.com Larry
Bock Executive Chairman, Nanosys, Inc. (650) 331-2105 lbock@nanosysinc.com

Web site: nanosysinc.com

CONTACT: Calvin Chow, CEO, +1-650-331-2102, cchow@nanosysinc.com, orLarry Bock,
Executive Chairman, +1-650-331-2105, lbock@nanosysinc.com both ofNanosys, Inc.