Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button


Home > Press > Nano-Proprietary Enters Into License Agreement with Kelman

Agreement takes the place of ANI's previous hydrogen sensor license agreement

Nano-Proprietary, Inc. Enters Into License Agreement with Kelman, Ltd. for Hydrogen Sensor Products

July 13, 2005

Austin, Texas-based Nano-Proprietary, Inc. (OTCBB:NNPP), through its subsidiary, Applied Nanotech, Inc. (ANI), today announced that it has entered into an exclusive license agreement with Kelman, Ltd., ("Kelman") a U.K. Limited Company related to its hydrogen sensor products and technology for use in the power transformer market. This agreement takes the place of ANI's previous hydrogen sensor license agreement due to the previous licensee being folded into Kelman.

The agreement grants Kelman an exclusive license for the use of ANI sensor technology for the measurement of hydrogen in power transformers. Kelman will pay a royalty on the sales of the products containing the hydrogen sensors. Kelman's period of exclusivity extends to June 30, 2006. Kelman, at their option, can extend the exclusivity period beyond that date by making minimum royalty payments. The agreement also calls for ANI to initially sell the sensors to Kelman.

"We are pleased to be working with a highly regarded company like Kelman that has such a strong position in power transformers and other areas," said Marc Eller, CEO of Nano-Proprietary, Inc. "In the future, we also look forward to providing additional sensor technologies to Kelman for products to be developed for their other existing markets. In each case, a separate license agreement will be negotiated."


Safe Harbor Statement

This press release contains forward-looking statements that involve risks and uncertainties concerning Nano-Proprietary's business, products, and financial results. Actual results may differ materially from the results predicted. More information about potential risk factors that could affect our business, products, and financial results are included in Nano-Proprietary's annual report on Form 10-K/A for the fiscal year ended December 31, 2004, and in reports subsequently filed by Nano-Proprietary with the Securities and Exchange Commission ("SEC"). All documents are available through the SEC's Electronic Data Gathering Analysis and Retrieval System (EDGAR) at or from Nano-Proprietary's web site listed below. Nano-Proprietary hereby disclaims any obligation to publicly update the information provided above, including forward-looking statements, to reflect subsequent events or circumstances.

About Kelman Company:
Kelman Company, Ltd. is an international company operating on five continents with offices in eight countries and an extensive distributor network. Kelman operates primarily in the areas of Power Products, Transformer Services, Emission Monitoring, and Railway products.

For more information, please visit

About Nano-Proprietary:
Nano-Proprietary, Inc. is a holding company consisting of two wholly-owned operating subsidiaries. Applied Nanotech Inc. is a premier research and commercialization organization dedicated to developing applications for nanotechnology with an extremely strong position in the field of electron emission applications from carbon film/nanotubes. Electronic Billboard Technology, Inc. (EBT) possesses technology related to electronic digitized sign technology.

For more information, please visit

Company Contact:
Nano-Proprietary, Inc.
Doug Baker, Chief Financial Officer
(248) 391-0612

Media Contact:
BlabberMouth Public Relations
Patti D. Hill
(512) 218-0401

Copyright Nano-Proprietary

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press


Nanometrics Announces Upcoming Investor Events November 18th, 2015

Harris & Harris Group Portfolio Company, D-Wave Systems, Announces Multi-Year Agreement With Lockheed Martin November 16th, 2015

Arrowhead Late-Breaking Clinical Data Shows that ARC-520 Can Produce Deep and Durable Reductions of Hepatitis B Viral Antigens and DNA November 16th, 2015

Harris & Harris Group Portfolio Company, D-Wave Systems, Announces the Sale of Its Latest Quantum Computer to Los Alamos National Laboratory November 11th, 2015


Stanford technology makes metal wires on solar cells nearly invisible to light November 27th, 2015

Nanotech-based sensor developed to measure microRNAs in blood, speed cancer detection November 19th, 2015

A simple, rapid test to help ensure safer meat November 19th, 2015

Plasma Focus Device Applied to Produce Zinc Oxide Nanofilms November 18th, 2015


Stanford technology makes metal wires on solar cells nearly invisible to light November 27th, 2015

Dimensionality transition in a newly created material November 27th, 2015

Nanoparticles simplify DNA identification and quantification November 27th, 2015

A new form of real gold, almost as light as air November 27th, 2015


Stanford technology makes metal wires on solar cells nearly invisible to light November 27th, 2015

Tandem solar cells are simply better: Higher efficiency thanks to perovskite magic crystal November 24th, 2015

ORNL microscopy captures real-time view of evolving fuel cell catalysts November 21st, 2015

NREL research identifies increased potential for perovskites as a material for solar cells November 21st, 2015

The latest news from around the world, FREE

  Premium Products
Only the news you want to read!
 Learn More
University Technology Transfer & Patents
 Learn More
Full-service, expert consulting
 Learn More

Nanotechnology Now Featured Books


The Hunger Project

Car Brands
Buy website traffic