Company Profile: Kronos Advanced Technologies, Inc. (KNOS)

Kronos Advanced Technologies, Inc. is an early-stage company focused on developing and marketing its proprietary air movement and purification technology. This technology offers features that we believe are clearly superior to those presently available from other manufacturers. Moreover, important steps have been taken to commercialize this technology for stand-alone as well as embedded products aimed at consumer, industrial and military markets. The Kronos technology combines high voltage electronics and electrodes into a simple but efficient electrical device that, without moving fan blades, electric motors or filters, can silently move and clean air. Because the shape and size of this device can be varied, it can be adapted to a variety of unique applications. For example, it can be scaled down for the cooling of microchips, or scaled up to accomplish the destruction of industrial and hazardous gases. Thus far, Kronos has built bunk fans as well as large embedded air movers for use on U.S. Navy ships. Other initial market opportunities are expected to include health care facilities, manufacturing clean rooms, and space within automobiles and commercial aircraft. This technology is patented, and many of the scientific claims have also been validated by the U.S. Department of Energy and the U.S. Department of Defense, Underwriters Laboratory, Battelle, and a few other multi-national companies. Furthermore, Kronos has attracted important customers, who have signed contracts as well as provided over $4 million of needed financing. This includes HoMedics, Inc. (a substantial factor in home personal healthcare), the U.S. Military, and the business jet manufacturer Gulfstream Aerospace.