Nano-Proprietary names CEO

June 2, 2006 — Nano-Proprietary announced that it has hired R.D. (Dan) Burck as Chief Executive Officer. Burck will also become a member of the company’s board of directors. Outgoing CEO Marc Eller will help during a transition period and will remain on the board of directors.

Nano-Proprietary is a holding company consisting of two wholly-owned operating subsidiaries. Applied Nanotech Inc. develops nano applications in the electronics field. Electronic Billboard Technology’s technology is related to electronic digitized sign technology.

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