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Nano-Proprietary, Inc. Enters Into License Agreement with Kelman, Ltd. for Hydrogen Sensor ProductsJuly 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.
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 www.sec.gov 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:
For more information, please visit www.kelman.co.uk
For more information, please visit www.nano-proprietary.com
Doug Baker, Chief Financial Officer
BlabberMouth Public Relations
Patti D. Hill
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