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September 14th, 2006

Nano-Proprietary Wins Contract

Abstract:
Nano-Proprietary, Inc. (OTC BB: NNPP), announced that its subsidiary, Applied Nanotech, Inc. (“ANI”), has received a new Small Business Innovation Research (SBIR) Phase I contract from the Homeland Security Advanced Research Project Agency (HSARPA) in the amount of approximately $125,000. The contract is for the development of a Carbon Nanotube (“CNT”) based ionizer source to replace nuclear radioactive sources in commercial applications. The contract is expected to take approximately six months to complete.

Source:
Nano-Proprietary

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