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

X-rays and electrons join forces to map catalytic reactions in real-time: New technique combines electron microscopy and synchrotron X-rays to track chemical reactions under real operating conditions June 29th, 2015

Graphene breakthrough as Bosch creates magnetic sensor 100 times more sensitive than silicon equivalent June 28th, 2015

Helium 'balloons' offer new path to control complex materials June 27th, 2015

The peaks and valleys of silicon: Team of USC Viterbi School of Engineering Researchers introduce new layered semiconducting materials as silicon alternative June 27th, 2015

Announcements

Researchers from the UCA, key players in a pioneering study that may explain the origin of several digestive diseases June 30th, 2015

Oxford Instruments’ TritonTMXL Cryofree dilution refrigerator selected for the Oxford NQIT Quantum Technology Hub project June 30th, 2015

Visible Light-Sensitive Photocatalysts Used for Purification of Contaminated Water in Iran June 30th, 2015

Making new materials with micro-explosions: ANU media release: Scientists have made exotic new materials by creating laser-induced micro-explosions in silicon, the common computer chip material June 29th, 2015

Military

The peaks and valleys of silicon: Team of USC Viterbi School of Engineering Researchers introduce new layered semiconducting materials as silicon alternative June 27th, 2015

Opening a new route to photonics Berkeley lab researchers find way to control light in densely packed nanowaveguides June 27th, 2015

Spintronics advance brings wafer-scale quantum devices closer to reality June 24th, 2015

World’s 1st Full-Color, Flexible, Skin-Like Display Developed at UCF June 24th, 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