Nanotechnology Now







Heifer International

Wikipedia Affiliate Button


DHgate

Home > Press > Nano-Proprietary, Inc. to Receive $1.6 Million Defense Appropriation for Biological Threat and Chemical Air Purification System

Abstract:
Austin, Texas-based Nano-Proprietary, Inc. (OTCBB: NNPP), through its subsidiary, Applied Nanotech, Inc. (ANI), today announced that as a result of the successful completion of its initial project, it will receive $1.6 million for further development of its PhotoScrub® concept, a thin film coating on a flexible fiberglass cloth that decomposes pollutants at the molecular level in gases and liquids. This funding was included in the 2008 Defense Appropriations Bill recently signed by the President.

Nano-Proprietary, Inc. to Receive $1.6 Million Defense Appropriation for Biological Threat and Chemical Air Purification System

Austin, TX | Posted on November 15th, 2007

The PhotoScrub® concept is based on an air-purification technology originally developed by one of our strategic partners, Andes Electric, Co. Ltd., and currently uses nano-structured photocatalyst materials that decompose air contaminants and pollutants at the molecular level in solid, liquid and gaseous samples. The funds will be utilized to integrate the PhotoScrub® concept into an HVAC system and build a prototype integrated unit.

"This is another example of our ability to develop processes at the nano-level that result in useful applications," said Dr. Zvi Yaniv, CEO of Applied Nanotech. "We are also pleased to have our PhotoScrub® concept featured in the U.S. Army Space and Missile Defense Command/Army Forces Strategic Command brochure celebrating 50 years of Army Space and Missile Defense."

More information on the brochure is available at our website listed below under the heading Technology Platforms - Nanomaterials - Photoscrub.

Our goal is to develop technology that is more effective and reliable in fighting airborne biological and chemical contaminants, while at the same time being more affordable than existing methods. The next step in the process is to structure a formal agreement with the Department of Defense for the project which would be expected to begin in early 2008.

"We're enthusiastic about being approved for these funds, which add to our ever growing revenue backlog," said Tom Bijou, CEO of Nano-Proprietary. "This award, in addition to our recently announced contracts in the sensor and electron emissions area, highlights the applicability of our intellectual property to a broad range of developing markets."

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, 2006, 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 website 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 Nano-Proprietary, Inc.
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 positions in the fields of electron emission applications from carbon film/nanotubes, sensors, functionalized nanomaterials, and nanoelectronics. Electronic Billboard Technology, Inc. (EBT) possesses technology related to electronic digitized sign technology.

For more information, please click here

Contacts:
Doug Baker
Chief Financial Officer
Nano-Proprietary, Inc.
248.391.0612

MEDIA CONTACT
William J. Spina
781.378.2000

Copyright © Marketwire

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.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

Govt.-Legislation/Regulation/Funding/Policy

ORNL researchers probe chemistry, topography and mechanics with one instrument May 2nd, 2015

Making robots more human April 29th, 2015

Artificial photosynthesis could help make fuels, plastics and medicine April 29th, 2015

Research seeks alternatives for reducing bacteria in fresh produce using nanoengineering April 29th, 2015

Announcements

Antibacterial Ceramic Nanoparticles, Appropriate Material for Medical Devices May 3rd, 2015

Nanometrics to Present at the B. Riley & Co. 16th Annual Investor Conference May 2nd, 2015

Time Dependant Spectroscopy of Microscopic Samples: CRAIC TimePro™ software is used with CRAIC Technologies microspectrometers to measure the kinetic UV-visible-NIR, Raman and fluorescence spectra of microscopic sample areas May 2nd, 2015

ORNL researchers probe chemistry, topography and mechanics with one instrument May 2nd, 2015

Military

No Hogwarts invitation required: Invisibility cloaks move into the real-life classroom: A new solid-state device can demonstrate the physical principles of invisibility cloaks without special equipment or magic spells April 30th, 2015

Chemists strike nano-gold: 4 new atomic structures for gold nanoparticle clusters: Research builds upon work by Nobel Prize-winning team from Stanford University April 28th, 2015

Two-dimensional semiconductor comes clean April 27th, 2015

Electron spin brings order to high entropy alloys April 23rd, 2015

NanoNews-Digest
The latest news from around the world, FREE




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










ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project