NanoSteel Names Harald Lemke Vice President & General Manager of Powder Metallurgy

NanoSteel Names Harald Lemke Vice President & General Manager of Powder
Metallurgy

  *Role to drive adoption of AHSS (Advanced High Strength Steel) breakthrough
    and steel coatings into industrial applications utilizing powder
    metallurgy
  *Appointment brings deep expertise in product innovation, processing and
    commercialization of advanced material

PROVIDENCE, R.I., Feb. 13, 2013 (GLOBE NEWSWIRE) -- The NanoSteel® Company, a
leader in nano-structured steel materials design, today announced that Harald
Lemke has joined the company as vice president & general manager of powder
metallurgy.

In this new role, Lemke will lead the commercialization of NanoSteel's alloys
into the powder metallurgy industry utilizing both the recent breakthrough in
AHSS and the company's established coatings products. Lemke will focus on high
hardness, wear and yield strength applications that also require ductility
traditionally served by specialty and hard materials. Initial target
industries for the company's PM business will be oil & gas, power generation
and mining.

Lemke's leadership experience spans a broad range of advanced materials
including metals, ceramics, plastics and composites. Across this spectrum of
businesses, he established a track record of delivering customer value through
the optimization of materials design, manufacture and component forming
processing.

"There is significant opportunity to leverage our breakthrough in
nano-structured sheet steel into the cladding and near-net shape parts
businesses of powder metallurgy," said David Paratore, president and CEO.
"Harald's proven leadership in growing a number of advanced materials
categories makes him the ideal choice to build this business."

"NanoSteel's combination of exceptional performance capabilities and cost
competitiveness makes the company uniquely positioned to meet customer
requirements in increasingly more demanding industrial environments," Lemke
said. "With NanoSteel's broad portfolio of products, we have the opportunity
to extend steel's footprint outside of traditional metal performance
boundaries into new markets and applications."

Lemke was most recently the global vice president of materials marketing at
the $650M coatings division of Sulzer-Metco where he raised top and bottom
line growth. Previously, Lemke was business development manager for
Kennametal's advanced materials division and chief operating officer & general
manager of Powdermet, where he scaled a metal and metal matrix powder start-up
business. Lemke has also held key positions at Conoco-Phillips, Air Liquide
and Nalco-Exxon Energy Chemicals L.P.

About NanoSteel
NanoSteel is the world leader in proprietary nano-structured steel material
designs. Over its ten-year history, NanoSteel has created progressive
generations of iron-based alloys from surface coatings to to foils to sheet
steel and powder metals. For the oil & gas, mining and power industries,
NanoSteel has successfully introduced commercial applications of metallic
coatings to prolong service lifetime in the most extreme industrial
environments. For the automotive industry, NanoSteel has achieved a
significant breakthrough in the development of nano-structured sheet steel
with exceptional strength and ductility. NanoSteel is a privately held company
funded by lead shareholders EnerTech and Fairhaven Capital. For more
information, visit www.nanosteelco.com or follow us on Twitter @NanoSteelCo.

Greg Nixon, Marketing & Communications Manager

Phone (407) 616-5167, gnixon@NanoSteelco.com,www.NanoSteelco.com

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