Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > News > Applied Nanotech Holdings, Inc. Expands Research Agreement and Enters Negotiations to Finalize an Exclusive License Agreement With Leading Industrial

October 7th, 2008

Applied Nanotech Holdings, Inc. Expands Research Agreement and Enters Negotiations to Finalize an Exclusive License Agreement With Leading Industrial

Abstract:
Applied Nanotech Holdings, Inc. (OTCBB: APNT) today announced that the third phase of its research project with a leading industrial chemical products company in Japan, announced on September 29, 2008, has been expanded and the previously announced funding of $700,000 has been increased to $1.2 million over the next twelve months in order to accelerate the prototyping of copper inkjettable inks and product introduction. The parties also expect a fourth phase of the project, of at least the same magnitude, to begin in October 2009 to expand the applications.

Story:
In addition, the companies agreed to enter negotiations to finalize an exclusive worldwide license to Applied Nanotech's copper inks technology within the parameters set forth in the current research agreement between the companies. These parameters include an upfront payment of up to $2.0 million and a running royalty rate of 4% on sales of the copper ink product. The parties agreed to finalize and execute the license agreement no later than April 15, 2009. During the period until then, the parties will formulate a comprehensive worldwide license agreement drafted in both English and Japanese, based on the results of the R&D partnership.

"I believe that the almost immediate expansion of this program by $500,000 following on the heals of last week's announcement, along with the significant agreement for the overall terms for a license, show the seriousness of this application in the minds of our customer. Printable inks may redefine the manufacturing process for a wide variety of electronic devices and ANI is at the forefront of these developments, with this partner, as well as two additional Phase I studies that we have underway," said Tom Bijou, Chairman and CEO of Applied Nanotech Holdings, Inc.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Carbon nanotube optics poised to provide pathway to optical-based quantum cryptography and quantum computing: Researchers are exploring enhanced potential of carbon nanotubes for unique applications June 18th, 2018

Camouflaged nanoparticles used to deliver killer protein to cancer June 17th, 2018

Squeezing light at the nanoscale: Ultra-confined light could detect harmful molecules June 17th, 2018

Physicists devise method to reveal how light affects materials: The new method adds to the understanding of the fundamental laws governing the interaction of electrons and light June 15th, 2018

Announcements

Carbon nanotube optics poised to provide pathway to optical-based quantum cryptography and quantum computing: Researchers are exploring enhanced potential of carbon nanotubes for unique applications June 18th, 2018

Camouflaged nanoparticles used to deliver killer protein to cancer June 17th, 2018

Squeezing light at the nanoscale: Ultra-confined light could detect harmful molecules June 17th, 2018

Physicists devise method to reveal how light affects materials: The new method adds to the understanding of the fundamental laws governing the interaction of electrons and light June 15th, 2018

Patents/IP/Tech Transfer/Licensing

Tunable diamond string may hold key to quantum memory: A process similar to guitar tuning improves storage time of quantum memory May 24th, 2018

Self-assembling 3D battery would charge in seconds May 22nd, 2018

Leti Silicon Photonics Design Kit Available in Synopsis OptoDesigner Suite: Kit Contains Design Rules and Building Blocks for Multi-Project Wafers And Custom Runs on Letiís Si310 Platform April 5th, 2018

NTU scientists create customizable, fabric-like power source for wearable electronics January 30th, 2018

Printing/Lithography/Inkjet/Inks/Bio-printing

Making carbon nanotubes as usable as common plastics: Researchers discover that cresols disperse carbon nanotubes at unprecedentedly high concentrations May 15th, 2018

New 4-D printer could reshape the world we live in March 20th, 2018

Leti & Mapper announce cyber-security breakthrough that encrypts individual chips with a code: Low-Cost Cyber-Security Breakthrough that Encrypts Individual Chips With a Unique Code Presented at SPIE Advanced Lithography 2018 in San Jose March 2nd, 2018

Basque researchers turn light upside down February 23rd, 2018

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



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project