CORPORATE HISTORY

US Global Nanospace, Inc. (referred to in this report as “USGN”, “the Company”, “we”, “us” or “our”) is a development stage company with expertise in the emerging fields of autonomous wide area perimeter security and nanotechnology. Through March 31, 2006, the end of our fiscal year, our operations included designing and developing products and building prototype and demonstration systems for use by defense and health and safety agencies and organizations, both public and private. We are also looking for alliances to assist us with...