NanoSteel Releases Study Conducted by EDAG Confirming Potential for itsSheet Steels to Achieve 30% Weight Reduction in Automotive Structures

· Assessment validates alloy designs can meet customer light-weighting needs without compromising safety and ride quality · Study prioritizes Body-In-White (BIW) parts most desirable for conversion as company works to complete production trialsPROVIDENCE, R.I. (Monday, August 5, 2013) - The NanoSteel® Company, a leader in nano-structured steel materials design, today announced the results of an automotive light-weighting study conducted by EDAG, Inc., a globally-recognized independent engineering firm, demonstrating the potential for the company’s Advanced High Strength Steel (AHSS) to