Aggressive Trading Strategies

[globewatcher]

KNOS news...
===================
(COMTEX) B: Kronos Receives Third U.S. Patent ( PRNewswire-FirstCall )

BELMONT, Mass., Apr 29, 2004 /PRNewswire-FirstCall via COMTEX/ -- Kronos
Advanced Technologies, Inc. (OTC Bulletin Board: KNOS) announced today that
Kronos Air Technologies, Inc., a wholly owned subsidiary of Kronos Advanced
Technologies, has received notification from the United States Patent and
Trademark Office that Kronos Air's patent application entitled Electrostatic
Fluid Accelerator for and a Method of Controlling Fluid Flow has been examined
and issued as a U.S. patent.

This patent represents an innovative solution to using an electrostatic fluid
accelerator to produce commercially useful air flow rates. Kronos' Chief
Technology Officer, Dr. Igor Krichtafovitch, and Senior Research and Product
Development Leader, Dr. Vladimir Gorobets, are the inventors of this proprietary
technology.

The Electrostatic Fluid Accelerator for and a Method of Controlling Fluid Flow
patent is the third in a series of patent applications pending with the U.S.
Patent and Trademark Office addressing various aspects of the Kronos technology.
A number of corresponding applications have been filed and are pending outside
of the United States. This latest patent will provide intellectual property
protection for key aspects of the Kronos' technology until 2021.

In addition to the Electrostatic Fluid Accelerator, Method of and Apparatus for
Electrostatic Fluid Acceleration Control of a Fluid Flow, and Electrostatic
Fluid Accelerator for and a Method of Controlling Fluid Flow patents, a number
of additional patent applications have been filed for, among other things, the
control and management of electrostatic fluid acceleration. These additional
patent applications are either being examined or are awaiting examination by the
Patent Office.

Other Developments

Kronos Air will be presenting at the 2004 U.S. Navy Opportunity Forum -
Transitioning Technology to the Fleet on May 3 - 4, 2004 in Reston, Virginia. In
conjunction with Kronos Air's presentation, management will be demonstrating
commercial and military air movement and filtration products developed using the
Company's proprietary technology. The objective of the Forum is to provide an
effective way for defense program managers, acquisition officers, prime
contractors, and other private sector corporations and investors to preview
Navy-funded technologies developed by small businesses. Conference attendees can
preview technologies and explore both partnering and investment opportunities
with firms from around the country. The 2004 Forum will showcase ninety firms
that have each received over $750,000 of Navy funding through the Small Business
Innovation Research (SBIR) program during the past two years. More information
on the Forum is available at http://www.dawnbreaker.com/forums/navy/. A copy of
Kronos' Navy Forum presentation will be made available online at
http://www.kronosati.com/solmilitary.html.

About Kronos Advanced Technologies, Inc.

Through its wholly owned subsidiary, Kronos Air Technologies, Inc., Kronos
Advanced Technologies focuses on the development and commercialization of a new,
proprietary air movement and purification technology. Kronos(TM) technology
utilizes state-of-the-art high voltage electronics and electrodes to create an
efficient but simple electrical device. As a result of this combined technology,
the Kronos(TM) air movement and purification device can move and clean air
without any moving parts. The device is versatile, energy and cost-efficient,
and exhibits multiple design attributes, creating a broad range of applications.
More information about Kronos Advanced Technologies is available at
www.kronosati.com.



Contact:
Kronos Advanced Technologies: Daniel R. Dwight, CEO, 617-993-9965,
email: [e-mail].

With the exception of historical information contained in this press release,
this press release includes forward-looking statements and comments. Such
statements are necessarily subject to risks and uncertainties, some of which are
significant in scope and nature beyond the Company's control. Forward-looking
statements, by their nature, involve substantial risks and uncertainties. As a
result, actual results may differ materially depending on many factors,
including those described above. The Company cautions that historical results
are not necessarily indicative of the Company's future performance. Other risks
are summarized under the caption "Certain Business Risk Factors" in the
Company's Annual Report on Form 10-KSB for the year ended June 30, 2003 as filed
with the Securities and Exchange Commission.

SOURCE Kronos Advanced Technologies, Inc.


CONTACT: Daniel R. Dwight, CEO of Kronos Advanced Technologies, +1-617

993-9965, [e-mail]

URL: http://www.kronosati.com
http://www.prnewswire.com

Copyright (C) 2004 PR Newswire. All rights reserved.

-0-


KEYWORD: Massachusetts
INDUSTRY KEYWORD: ENV

*** end of story ***