ROMEOVILLE, Ill., June 8, 2012 (GLOBE NEWSWIRE) -- As previously announced, Nanophase Technologies Corporation (OTCQB:NANX), a technology leader in nanomaterials and advanced nanoengineered products, intends to pursue a rights offering for up to 7,250,000 shares of the Company's common stock at a subscription price of $0.33 per full share. A record date of June 13, 2012 has been set for the rights offering, and it is anticipated that the expiration date of the rights offering will be July 20, 2012.