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Bosch and Nanalysis Announce Joint Product Development Collaboration

Calgary, Alberta, Canada
October 28, 2019 

Nanalysis Scientific Corp. (the “Company” or “Nanalysis”, TSXV:NSCI), is pleased to announce that as of October 23rd, it has entered into a collaboration agreement with Robert Bosch GmbH (Bosch) to jointly develop products for the growing market industrial Nuclear Magnetic Resonance (NMR) products for applications such as on-board fuel analyzers for cargo ships, driven by new international environmental standards against dirty fuels, which would be distributed by Bosch. The collaborative work will begin in November 2019 and joint development effort is expected to result in a marketable device by December 2021 and a sales agreement will be negotiated at that time.

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