Texas, Japan ally on alloys

Feb. 10, 2005 — Nano-Proprietary Inc. (OTC.BB: NNPP) of Austin, Texas, announced through its subsidiary Applied Nanotech Inc. that it has entered into a research and development agreement with Shimane Institute for Industrial Technology of Shimane Prefecture, Japan, to develop a new aluminum alloy using carbon nanotubes that has thermal conductivity four to five times greater than aluminum metal.

This agreement is a result of international cooperation between Shimane Prefecture and the State of Texas, according to a news release. The relationship was initiated in January 2004 by the Governor of Texas, Rick Perry, and the Governor of Shimane Prefecture, Nobuyoshi Sumita, with the goal of enhancing the cooperation in nanotechnology between Shimane and Texas companies for economic development and job creation in both regions.


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