First Nano, Inc. Launches New CVD System

Santa Barbara, CA, November 3, 2003 – First Nano is pleased to announce the launch of the EasyTube LT, a straightforward catalytic chemical vapor deposition system (CVD) for the synthesis of carbon nanostructures.

The EasyTube LT employs a manual loader design including two gas lines, and operates with graphic user interface software that allows for a steep learning curve for across-the-board experience user levels.

Cary Chee, Vice President of Sales, said "The EasyTube LT system will allow us to leverage our expertise in CVD nanotechnology by providing affordable high quality process equipment to research scientists."

The EasyTube LT will provide the experienced scientist with a necessary precision tool to grow carbon nanostructures immediately after installation, instead of spending valuable research time building equipment that is affordable and commercially available from a recognized leader in CVD equipment.

First Nano manufactures the nanotechnology industry's first turnkey chemical vapor deposition system designed for carbon nanotube synthesis. First Nano supports industry R&D by providing innovative and efficient tools to achieve the customers’ nanotechnology potential.

About First Nano

First Nano is a privately held company specializing in the manufacture of process equipment for nanotechnology applications. For more information, please visit us at www.firstnano.com or call 631-981-7081. EasyTube is a trademark of First Nano.

By including any information in this press release, First Nano does not necessarily acknowledge that disclosure of such information is required by applicable law or that the information is material.

For further information Contact: Investor Relations, Phone: 631 981-7081, Fax: 631 981-7095 or email: investorrelations@cvdequipment.com