NanoBusiness Alliance Board Member Scott Livingston Forms The Livingston Group To Focus On Nanotechnology Investments and Joins Axiom Capital Management as Managing Director

NEW YORK--(BUSINESS WIRE)--June 28, 2005--The NanoBusiness Alliance today announced that long time advocate and board member Scott Livingston has joined Axiom Capital Management Inc. as a Managing Director, and formed the Livingston Group to focus on nanotechnology investments. Mr. Livingston previously worked at Lehman Brothers as a Senior Vice President in the Private Investment Management group.

Mr. Livingston stated, "I believe that nanotechnology is one of the most important developments occurring in the business world and in our country today. I have been intimately involved with the nanotechnology investment community for years, and have formed the Livingston Group with Axiom Capital Management because I believe that our skills and relationships can help many nanotechnology investors and entrepreneurs access the capital markets in order to reach their goals. I believe that the commercialization of products using nanotechnology will have an impact on many parts of our economy and society, and that impact will rival many of the great technology revolutions in history. Investors and entrepreneurs should quickly educate themselves about nanotechnology as an investment theme, as change is coming faster than the market currently appreciates."

Livingston also stated "A quick internet search reveals that 25 of the 30 DJIA component companies are in the process of working on nanotechnology projects. We have met with corporations, large and small, established and emerging, venture capitalists, hedge funds, private investors, elected leaders, statewide and nationwide, economic development initiatives, scientific leaders at universities and government labs and others to assess opportunities and risks coming from the nanotechnology wave. I believe that we have one of the most extensive and compelling networks of nanotechnology expertise in the markets today. The Livingston Group, through Axiom Capital Management, looks forward to working with clients to see our common vision become reality."

The Livingston Group, through Axiom Capital Management, will focus on providing corporate financing services to public and private nanotechnology companies worldwide. Additionally, the Livingston Group, through Axiom Capital Management, plans to advise public, private and institutional investors on nanotechnology investment opportunities. Finally, the Livingston Group, through Axiom Capital Management, expects to work with universities, government labs and statewide economic initiatives in locations around the country to create companies from their intellectual property assets.

Contacts

Schwartz Public Relations
Steven Wright-Mark, 212-677-8700 ext. 29
steven@schwartzpr.com
or
The Livingston Group
Axiom Capital Management Inc.
Scott Livingston, 212-521-3847 or 866-721-6319
slivingston@axiomcapital.com
www.axiomcapital.com

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