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10/28/2005 4:47:53 PM
Ener1 Subsidiary NanoEner Inc. to Participate in NanoCommerce/SEMI NanoForum 2005

ENER1 nanotechnology subsidiary NanoEner Inc., announced today that its CEO Gary McDaniel will participate in a panel discussion regarding the latest advances in solar power technology at NanoCommerce/SEMI NanoForum 2005. The discussion will take place at 11:30 a.m. (Central) on Wednesday, November 2. The conference will be held at Chicago's McCormick Place.

NanoCommerce/SEMI NanoForum 2005 represents a partnership of two premier nanotechnology events and is the largest business oriented nanotech show in North America. It unifies nanotechnology businesses and technology leaders by breaking across traditional industrial boundaries to explore new growth opportunities.

NanoEner is developing nanotechnology-based materials and manufacturing processes that represent major innovations in battery and power technologies. The Company's Vapor Deposition Solidification (VDS) process is being used to produce battery electrodes (anodes and cathodes) with substantially more power output and faster recharging time. The VDS process can also be used for the manufacture of a new generation of advanced thin film photovoltaic solar cells that have great efficiency and lower cost per watt.

"The VDS process allows for the creation of a wide variety of advanced nano-structured materials," said Gary McDaniel, CEO of NanoEner. "These novel materials provide superior performance compared to conventional thin film coating. These thin cell materials have shown tremendous promise in prototypes."

McDaniel has more than 25 years of senior management and operations experience, most recently as president and CEO of Nanox, Inc., a company that develops nanostructured materials. At NanoEner, he is charged with transitioning the nanotechnology operation from R&D to applications engineering, product design, manufacturing and sales. Prior to his tenure as president and CEO of Nanox, McDaniel held senior posts at Tricat Industries, a global manufacturer of nano- and microadvanced materials; Katalistiks, a $90 million manufacturer of petroleum refinery catalysts; and the chemicals divisions of AZKO Noble and W.R. Grace and Company.

Other Headlines from Ener1, Inc ...
 - Ener1 Completes $25-Million Capital Raise
 - Ener1 Applies for $480 Million in Federal Loan Funds to Accelerate Output for Next-Generation Auto Industry
 - Ener1 to List on the NASDAQ Stock Market
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 - EnerDel Awarded $4 Million Federal R&D Contract

Other Headlines from NanoEner, Inc ...
 - Ener1 Subsidiary NanoEner Inc. to Participate in NanoCommerce/SEMI NanoForum 2005
 - Ener1 Forms Nanotechnology Subsidiary

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