Feb. 23, 2007&#8212Austin, Texas-based Nano-Proprietary, Inc. has announced that U.S. District Judge Sam Sparks has issued his ruling granting Nano-Proprietary’s motion for summary judgment and ruling that Nano-Proprietary is entitled to terminate its license with Canon, Inc. and effectively did terminate that license December 1, 2006. A copy of the Judge’s full ruling is available at the United States District Court for the Western District of Texas, Austin Division, or on the company’s website.

The dispute involves flat-panel displays; Nano-Proprietary says Canon violated the license agreement the two companies had established. The ruling negatively impacts Canon`s plans to enter the booming flat-panel TV market, as that move depended on use of Nano-Proprietary`s surface-conduction electron-emitter display technology.

Nano-Proprietary is represented in this case by intellectual property litigators at Kelley Drye & Warren LLP, a premier litigation firm with offices in New York, Washington D.C., and Chicago and Brown McCarroll LLP of Austin, Texas.