Mr. Sean Krakiwsky reports

SARTEC AND NANALYSIS COMBINE AI AND NMR FOR OIL REFINERY SOLUTIONS

Nanalysis Scientific Corp. and SARAS Ricerche e Tecnologie SRL (SARTEC) have entered into a collaboration agreement to jointly develop process analytical solutions for the oil and gas industry, including the analysis of crude oil for the oil refineries.

The collaborative scientific work has been continuing since 2017, a quality prototype solution has been developed, and the two companies are now ready to develop a business plan and jointly offer solutions incorporating Nanalysis's global leading compact NMR products and SARTEC's patent-protected machine-learning algorithms and artificial intelligence (AI) software.

Dr. Lorenzo Sassu, innovation and digital solutions manager for SARTEC, stated: "We are very pleased to be working with Nanalysis Scientific. For decades, SARTEC has been specializing in environmental protection, industrial efficiency and energy savings in the oil, petrochemical and energy industries, as well as serving our local communities and public administration partners.

"Several years ago, we recognized that NMR could be a critical analytical technique to bring oil refineries into the digital age, but the problem was that this type of technology was too large, expensive and complex for oil refineries and energy facilities of all kinds. With the advent of compact NMR hardware, our machine-learning and AI algorithms can come to life in a variety of applications and we are committed to delivering fully integrated solutions to the energy industry in partnership with Nanalysis."

Sean Krakiwsky, founder and chief executive officer of Nanalysis Scientific, added: "Working with an experienced global leader such as SARTEC is critical to driving adoption of our products in the energy industry and other industrial process markets. This partnership is consistent with one of our key strategic business objectives, the appification of NMR in industry 4.0 environments using our leading permanent magnet-based compact NMR technology. SARTEC has second-to-none domain expertise, advanced software technology and a unique vision for bringing refinery and other industrial processes into the fourth industrial revolution."

About Nanalysis Scientific Corp.

Nanalysis develops and manufactures portable nuclear magnetic resonance (NMR) spectrometers or analyzers for laboratory and industrial markets.

We seek Safe Harbor.