Nano-Proprietary and Shimane Masuda working on carbon nanotube lighting device

Oct. 5, 2006 — Nano-Proprietary Inc. announced that its subsidiary, Applied Nanotech Inc., has entered into a license agreement with Shimane Masuda Electronics Co. Ltd. The license agreement resulted from successful completion of a joint pilot line project between the two companies.

Shimane developed its initial product to be manufactured using this technology, a carbon nanotube electron emission-based lighting device, and must now complete the final manufacturing processes to complete commercialization of the first product, though it did not disclose the amount of time it expects will be required. Once the first product is in production, the company said it expects to develop additional products using the technology.

Under the terms of the license agreement, Shimane has the non-exclusive right to manufacture carbon cold cathode products in Japan using the technology and to sell those products in Asia.

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