Applied Nanotech Holdings, Inc. announced this morning the signing of an exclusive worldwide license agreement with a leading industrial chemical products company in Japan for manufacturing and commercializing nano-copper inks and pastes. The company will receive an upfront payment of $1.5 million, of which $500,000 is payable immediately, and $1.0 million is payable in June 2010. Applied Nanotech will also receive a royalty of 4% of sales of the copper inks and pastes by its partner. Discussions for a new research and development contract have also begun.

“This is a giant step toward implementing our Technical Inks Printing Solution (’TIPS’) strategy based on five important modules: nanoparticles manufacturing, inks development and manufacturing, technical printing applications development, processing development, and adequate hardware. Securing a trusted, high quality technology partner with a broad base of products used in electronic applications plays a vital role in our approach,” stated Dr. ZviYaniv, Chief Executive

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Applied Nanotech Holdings Inc. (OTCBB: APNT) operates as a holding company for Applied Nanotech Inc. (ANI), one of its two wholly-owned subsidiaries. ANI is a leading research and commercialization organization for printed electronics for solar, display, electronic packaging and flexible electronics applications. Optomec Inc. provides additive manufacturing systems for high-performance applications in the electronics, photovoltaics, life sciences and aerospace markets. The company has more than 50 M3D customers in 10 countries, and has experienced doubling of its sales of M3D products each year. Applied Nanotech today announced ANI will team up with Optomec to execute a development program in which ANI will install a dedicated Optomec M3D Aerosol Jet printer at its facilities to adapt its revolutionary copper ink to Optomec’s patented ultra-high resolution printing technology. “We are very pleased that ANI has committed to optimize its copper for use with our M3D Aerosol Jet printing technology. Our customers have a rapidly growing ...