Mr. Sean Krakiwsky reports

NANALYSIS ANNOUNCES SECOND QUARTER 2023 CONFERENCE CALL

On Thursday, Aug. 24, 2023, Nanalysis Scientific Corp. will put out a press release and chief executive officer Sean Krakiwsky and chief financial officer Randall McRae will host a conference call at 5 p.m. Eastern Time to discuss the results for the quarter ended June 30, 2023.

Investors interested in participating in the live call can dial 1-888-664-6392 or 416-764-8659 from abroad. Investors can also access the call on-line through a listen-only webcast on the investor relations section of the company's website.

The webcast will be archived on the company's investor relations web page for at least 90 days and a telephonic playback will be available for seven days after the conference call by calling 1-888-390-0541 or 416-764-8677 (conference ID No. 309928).

Additionally, the company will be hosting a question-and-answer session for its European investors at 8:30 a.m. ET on Friday, Aug. 25, 2023, which can be accessed on-line or by calling in (audio only) 1-437-703-4522 (phone conference ID: 899 910 303 followed by the number sign).

About Nanalysis Scientific Corp.

Nanalysis's business is what it terms MRI (magnetic resonance imaging) and NMR (nuclear magnetic resonance) for industry. The company develops and manufactures portable NMR spectrometers or analyzers for laboratory and industrial markets. The NMReady-60 was the first full-feature portable NMR spectrometer in a single compact enclosure requiring no liquid helium or any other cryogens. The company has followed up that initial offering with new products and continues to have a strong innovation pipeline. In 2020, Nanalysis announced the launch of its 100-megahertz device, the most powerful and most advanced compact NMR device ever brought to market.

Nanalysis's devices are used in many industries (oil and gas, chemical, mining, pharma, biotech, flavour and fragrances, agrochemicals, law enforcement, and more) as well as numerous government and university research labs around the world. The company continues to exploit new global market opportunities independently and with partners.

In 2022, the company acquired K'(Prime) Technologies Inc., a North American sales and service company that provides sales services for scientific instrumentation for pharma, food, chemical, and oil and gas customers as well as imaging systems for security applications. K'Prime's service organization provides airport and commercial security installation and maintenance solutions across North America.

Additionally in 2022, the company acquired a 43-per-cent ownership in Quad Systems AG, a Zurich-based NMR company focused on high-field NMR for pharmaceutical and other vertical markets.

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