Kronos Enters Into Prototype Development Agreement With Leading Luxury Auto Manufacturer

BELMONT, Mass., Sept. 13 -- Kronos Advanced Technologies, Inc. announced today that its wholly owned subsidiary, Kronos Air Technologies, Inc., a developer of proprietary air movement and purification technology for consumer and commercial products, has entered into a Prototype Development and Evaluation Agreement with a leading global automotive manufacturer.

"Working with a leading auto manufacturer of luxury automobiles is an extension of our ongoing efforts to serve the air quality needs of the global transportation industry," said Dan Dwight, President and Chief Executive Officer of Kronos Advanced Technologies. "The Agreement represents a continuation of Kronos' strategy to develop leading edge air movement and purification products with select strategic partners who are leaders in their respective industries."

Mr. Dwight noted that according to various industry reports, the amount of time Americans spend in their cars has risen 236 percent since 1982, with one report from TIME Magazine noting an average motorist over their lifetime will spend more than five years stuck in traffic alone.

"Providing optimum air circulation in automobiles is not only a comfort factor, but can also be a critical means of improving air quality and helping to prevent viruses and allergens that may otherwise accumulate in filtration systems," Mr. Dwight stated.

According to the American Lung Association's 2005 State of the Air 2005 Report, air quality and circulation is of particular importance to high-risk groups which include people over 65, children under 18, and those suffering from asthma, chronic bronchitis, lung or cardiovascular disease or diabetes.

The Kronos technology moves, filters and purifies air by using state-of- the-art high voltage electrodes and has no moving parts. As a result, the Kronos technology provides silent, energy efficient, and more cost-effective air movement than traditional fans. The technology can be embedded across any existing environment or built as a standalone product.

About Kronos Advanced Technologies, Inc.

Through its wholly-owned subsidiary, Kronos Air Technologies, Inc., Kronos Advanced Technologies has developed a new, proprietary air movement and purification system that utilizes state-of-the-art high voltage electronics and electrodes to silently move and clean air without any moving parts. Kronos is actively commercializing its technology for standalone and embedded products across multiple residential, commercial, industrial and military markets. Kronos' technology is versatile, energy- and cost-efficient and exhibits multiple design attributes, creating a broad range of applications. The Company's business strategy includes a combination of building internal capabilities, establishing strategic alliances and structuring licensing arrangements. Kronos Advanced Technologies is located in Belmont, MA. More information about Kronos Advanced Technologies is available at http://www.kronosati.com/.

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