PRESS RELEASE

Zyvex Hires North American Sales Manager

Nanotechnology leader continues its Sales expansion

Richardson, Texas (July 7, 2004)

Zyvex Corporation, the first molecular nanotechnology company, today announced the addition of Lance Criscuolo to its Worldwide Sales team. Criscuolo will lead the North American sales development strategy, leveraging Zyvex’s strong technical position and customer-driven focus.

This new position reflects Zyvex’s continued worldwide expansion and commitment to attaining revenues through product licensing, product sales, and government and customer alliances. In addition to North America, the company has worldwide representatives in China, France, Germany, Italy, Japan, Korea, Malaysia, Switzerland, Taiwan, Thailand, the United Kingdom, and Vietnam through alliances with Keithley Instruments, Inc.; Caltron Pte, Ltd.; and LOT-Oriel.

“We are excited to add Lance’s technology commercialization expertise and reputation for delivering results to our global team,” said Zyvex’s President, Thomas A. Cellucci, PhD. “Zyvex has a well-established track record with our NanoWorks™ Tools and NanoMaterials™ Products for Health Care, Electronics, Telecommunications, Aerospace, and Defense. Lance will aggressively introduce these capabilities to our North American markets.”

Criscuolo possesses particular strengths in introducing new products and creating strategic partnerships with potential clients. He also brings several years of experience in the growth and development of well established corporations and emerging companies. He was most recently the South Central Territory Manager for the vision-based metrology group of Nikon Instruments Inc., USA. He brings more than ten years of experience in high technology capital equipment sales. His product experience includes high-end vision systems, semiconductor factory automation and robotics, Space and Defense related electronics, medical devices, and commercial electronics.

He holds a BSME from Texas Tech University in Lubbock, Texas and has two patents in thermoelectric technologies.

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