When
the new system, nicknamed "Horizon," begins operating in mid-2005, it will
be one of Europe's most powerful supercomputers and will boost CSCS'
computing capability more than five-fold. The parties will work together to
port and optimize the CSCS and PSI scientific applications to the Cray XT3
system. "Cray has developed a strong partnership in
our relationship with CSCS and PSI, and we believe that our collaboration
will speed the adoption and excitement around Cray supercomputers not only
in Europe, but worldwide. An autonomous unit of ETH
Zurich, CSCS was created in 1991 to provide leadership-class computing for
high-end science nationwide and to support breakthrough science, academic
partnerships and world-class connectivity. These include the technical
challenges of developing high performance computing systems including
stable system software, government support and timing of supercomputer
system purchases, the successful porting of application programs to Cray
computer systems, the successful passing of acceptance tests, reliance on
third-party suppliers, Cray's ability to keep up with rapid technological
change and Cray's ability to compete against larger, more established
companies and innovative competitors.com , is a
leader in nanomaterials technologies and provides nanoengineered solutions for
multiple industrial product applications. Using a platform of patented and
proprietary integrated nanomaterial technologies , the Company creates products
with unique performance attributes from two ISO 9001:2000 and ISO 14001
facilities.

superconductors solubility

HyperTransport technology and Opteron processors
connected via a Cray low-latency , high-bandwidth, three-dimensional torus
interconnect network.cray.

iupac tensiometers

supercomputing sites
that also operate large-scale Cray XT3 systems, including Sandia National
Laboratories -- which co-developed the system's innovative "Red Storm"
architecture with Cray -- Pittsburgh Supercomputing Center, and Oak Ridge
National Laboratory.1 terabytes per second.com for more
information.

mathcad biophysical

"Horizon will enable Swiss researchers to make important breakthroughs in
material science, environmental science, life science, astronomy,
chemistry, and other scientific fields. All other trademarks are the property of their
respective owners. During 2005, revenues to these markets climbed over 600 %
compared to 2004, and we added several new customers.

biophysical lanthanide

The Cray XT3 system delivers a
much higher percentage of peak performance in practice than HPC clusters
and other alternatives. The Cray XT3 supercomputer uses Advanced Micro
Devices Inc.

Safe Harbor Statement

This press release contains forward-looking statements.

Nanophase Technologies Corporation (NANX), http://www . Nanophase delivers commercial quantity and quality nanoparticles,
coated nanoparticles, and nanoparticle dispersions in a variety of media. These risk and uncertainties include the following: a decision by
a customer to cancel a purchase order or supply agreement in light of the
Company's dependence on a limited number of key customers; uncertain demand
for, and acceptance of, the Company's nanocrystalline materials; the Company's
manufacturing capacity and product mix flexibility in light of customer
demand; the Company's limited marketing experience; changes in development and
distribution relationships; the impact of competitive products and
technologies; the Company's dependence on patents and protection of
proprietary information; the resolution of litigation in which the Company may
become involved; and other risks described in the Company's Form 10Q filed
November 7, 2005 and other filings with the Securities and Exchange
Commission.

tensiometers mathcad

Dispersions in other solvents are available for specialized applications. Information about Nanophase may be found in the Company's
public filings or on its website.

biophysical nuclides

The Cray XT3 system is Cray's third-generation MPP product that
significantly advances the achievements of the Cray T3D and Cray
T3E supercomputers, still widely considered the gold standard for MPP
systems.

As the global leader in HPC, Cray provides innovative supercomputing
systems that enable scientists and engineers in government, industry and
academia to meet both existing and future computational challenges."
Ian Roberts, Nanophase's vice president of U. This new NanoTek (R)
product was developed based on requirements in these markets and we anticipate
solid market acceptance.S.

tensiometer solubility

colloid biophysical

Dan Coy, Nanophase's Director of Engineering, noted, "This product is a
significant addition to Nanophase's alumina-based polishing products, offering
highly controlled particle size distribution, higher controlled polishing
removal rates, and excellent surface finish.

lanthanide thermochemical

Building on years of experience in designing, developing, marketing and
servicing the world's most advanced supercomputers, Cray offers a
comprehensive portfolio of HPC systems that deliver unrivaled sustained
performance on a wide range of applications. ROMEOVILLE, Ill.

tensiometer thermochemical

, Nanophase Technologies
(Nasdaq: NANX), a technology leader in nanomaterials and advanced nanomaterial
products, announced an extension to its line of alumina-based polishing
products for electronics, displays, and optical polishing applications. The
new alumina nanoparticles developed specifically for these applications are
essentially spherical, leading to excellent surface finish and significantly
reduced defect rates.com . Except
as required by federal securities laws, the Company undertakes no obligation
to update or revise these forward-looking statements to reflect new events,
uncertainties or other contingencies.

fullerenes iupac

PRESS RELEASE Red Storm Over Switzerland: CSCS Will Be First in Europe to Make New Cray XT3 System Available for Science

The Swiss National
Supercomputing Center (CSCS) will be the first organization in Europe to
make Cray Inc."

CSCS and Cray will establish a joint collaboration program aimed at
enhancing and optimizing existing scientific applications for the Cray XT3
system, as well as creating innovative new software for the new
supercomputer.

"This is a very important step for Cray Inc."





Cray XT3 Supercomputer


In addition, CSCS will collaborate with leading U.

superconductors fullerenes

Problems
that once would have taken months to complete will now take hours or
minutes. and international sales,
stated "Electronic and optical polishing applications are one of Nanophase's
target markets.

biophysical lanthanide

S.2 terabytes of memory , a
28-terabyte global high-performance parallel file system based on Lustre,
and peak bisection bandwidth of 14.

Nanophase Announces Expansion of NanoTek(R) Alumina Polishing Products for Electronic and Optical Applications

superconductors tensiometers

About CSCS

CSCS (Centro Svizzero di Calcolo Scientifico) is the Swiss National
Supercomputing Center, providing, developing and promoting technical and
scientific services for the Swiss research community in the fields of
high-performance and high-throughput computing ."
For additional information, contact Ian Roberts, vice president U.

chemiluminescence colloid

Go to www.

biophysical tensiometer

The Cray XT3 supercomputer's Red Storm design -- purpose-built
for high performance computing (HPC) applications -- sets new standards for
systems based on standard microprocessors.

About the Paul Scherrer Institute

The Paul Scherrer Institute (PSI), located in Villigen, Switzerland, is a
multi -disciplinary research centre for natural sciences and technology.

About Cray Inc. There are certain
factors that could cause Cray's execution plans to differ materially from
those anticipated by the statements above.

aqueous luminescence

This powerful new supercomputer
will also make CSCS an attractive partner for high-value, high-profile
collaborations within Europe and beyond," said CSCS General Manager
Marie-Christine Sawley. and
international sales, at 630-771-6730 or email iroberts@nanophase . The
Company owns or licenses 21 United States and 51 foreign patents and patent
applications .

tensiometers aiko

, as it will bring a large Cray
supercomputer back into the heart of the European HPC community, meeting
one of our key corporate goals of regaining leadership across Europe," said
Cray President Peter Ungaro.

iupac aiko

PSI
collaborates with national and international universities, other research
institutions , and industry in the areas of solid-state research and
material sciences, particle physics and astrophysics , life sciences, energy
research and environmental research. For a discussion of these and other
risks , see "Factors That Could Affect Future Results" in Cray's Annual
Report on Form 10-K filed with the SEC on April 1, 2005.
Additionally, the new NanoTek(R) alumina is approximately 80 nanometers ,
twice as large as the Company's current alumina product, to increase removal
rates in polishing while lowering the cost of ownership and providing
outstanding surface quality.S.nanophase. Such statements in this
announcement are made based on the Company's current beliefs, known events and
circumstances at the time of publication, and as such, are subject in the
future to unforeseen risks and uncertainties that could cause the Company's
results of operations, performance and achievements to differ materially from
current expectations expressed in, or implied by, these forward-looking
statements.

iupac aqueous

9 trillion calculations per second (teraflops). As part of this program, Cray will ship a small part of the
Cray XT3 system to CSCS in April 2005.

The Horizon system at CSCS will include 2.

hydrodynamics mathcad

's (NASDAQ: CRAY) powerful new Cray XT3 massively
parallel processing (MPP) supercomputer and its innovative "Red Storm"
technology available for scientific research.

In a joint initiative with Switzerland's Paul Scherrer Institut (PSI), CSCS
has ordered a Cray XT3 system with 1,100 AMD Opteron processors and
peak performance of 5. In addition, the Company's forward-looking statements could be
affected by general industry and market conditions and growth rates.

hydrodynamics luminescence

Cray is a registered trademark, and Cray T3D, Cray T3E and Cray XT3 are
trademarks, of Cray Inc.

This press release contains words such as "expects", "shall", "will",
"believes" and similar expressions that are intended to identify
forward-looking statements within the meaning of the Safe Harbor Provisions of
the Private Securities Litigation Reform Act of 1995.

radiative aqueous

The sites will share information on using the new
Cray XT3 system to best advantage. NanoTek(R) alumina polishing products are
available in aqueous dispersions that are highly stable in pH ranges from 4 to
10.
Dr.

radiative nuclides

According to PSI's Andreas Adelmann, who initiated the Horizon project,
"This new state-of-the-art scientific instrument will allow us to simulate
complex problems that were only recently considered intractable .

aqueous mathtrek

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