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Nano-Proprietary Announces New SBIR GrantAustin, TX | August 03, 2005
Austin, Texas-based Nano-Proprietary, Inc. (OTC BB: NNPP), through its subsidiary, Applied Nanotech, Inc. (ANI), today announced that it has received a new Small Business Innovation Research (SBIR) grant from the U.S. Air Force. The purpose of the grant is to design and build a high current density electron source for continuous beam operation using carbon nanotube cold cathodes for Traveling Wave Tubes (TWT) applications that can be used for radar and other microwave device applications. If successful, the use of carbon nanotube based cold cathodes will allow a higher current density that can be used for high power microwave applications.
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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.
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