Metcomb Nanostructures' Aluminum Foam Selected by Renowned Industrial Engineer for Use in...

VIENNA, Austria -- Metcomb Nanostructures:

--Agreement Signed with Dr. Ing. Jorg Wellnitz at the University of Applied Sciences in Ingolstadt, Germany

--Wellnitz Joins Metcomb Nanostructures' Scientific Advisory Board

Metcomb Nanostructures, a leading manufacturer

of closed-cell aluminum foam for the automotive, military, construction and aerospace industries, today announced that the company has signed a letter of intent with Dr. Ing. Jorg Wellnitz, vice dean of the faculty of engineering and professor of light weight design at the University of Applied Sciences in Ingolstadt, Germany. Through this agreement, Dr. Wellnitz will use Metcomb aluminum foam exclusively in several projects for development partners that include BMW, Audi, EDAG and the German Ministry of Defense. These projects, estimated at $6 Million USD, reinforce the growing mass market potential for Metcomb Nanostructures aluminum foam.

Metcomb's foam was selected by Dr. Wellnitz for use in two key application areas. First, the foam will be used in the development of automotive body and closure applications such as car doors, making them lighter and safer. The foam will also be used in the development of blast containment devices such as building and vehicle armor, providing increased protection in the event of an explosion. Metcomb Nanostructures' Integrated Nanostructure Control process is the only process today that can control the foam properties and ensure uniform output -- critical for applications in the automotive and defense industries that require measurable and predictable performance.

Professor Wellnitz worked with Metcomb Nanostructures for several years during the company's development phase where he conducted rigorous tests on Metcomb foam. "Metal foam has the potential to significantly reduce weight and increase safety in key applications for the automotive and defense markets," said Dr. Ing. Jorg Wellnitz, professor of light weight design at the University of Applied Sciences in Igolstadt. "Metcomb's foam performed exceptionally well following a rigorous testing process and illustrates tremendous potential in all fields that demand structural performance and light weight design. I look forward to working with Metcomb to deliver next-generation automotive and defense applications."

Wellnitz will also continue to provide technical guidance to the company as the newest member of Metcomb's scientific advisory board. He brings deep expertise in cellular metals to the board and received the Bavarian Innovation Award for his work in 2002. Wellnitz has been involved in several major automotive industry projects and developments and also served in several positions at Rolls Royce GmbH. In addition, Wellnitz was the CEO of Engineering Bureau for Structure Mechanics and Strength Evaluation, where he worked with NASA and NASA JPL on projects such as light weight extreme design, special materials and dynamics. He holds a degree in aviation and space technology and a Ph.D. in thermo-stable composites from the University of Federal Armed Forces, Munich.

"Metcomb is the only company today that can manufacture foam with a uniformly consistent output where every cell has the same physical properties," said Dr. Gerald Hoegl, CEO for Metcomb Nanostructures. "Being selected for use in high-profile automotive and defense related projects by a world renowned scholar and institute further underscores the value and promise of Metcomb's technology. We look forward to working with Professor Wellnitz and his team to bring lighter and safer applications to market."

About Metcomb Nanostructures

With headquarters in Kleinreichenbach, Austria, Metcomb Nanostructures is a closed-cell aluminum foam manufacturing company. Metcomb's patented Integrated Nanostructure Control process creates the only aluminum foam with uniformly consistent output. The properties of the resulting foam allow for highly customized solutions with predictable performance for a wide range of requirements across the automotive, military, construction and aerospace industries. Metcomb Nanostructures enables its customers to bring innovative products to market that are safer, more comfortable and more fuel efficient. For more information about Metcomb Nanostructures, please visit www.metcomb.com