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

Gulf Resources engages in the production of specialty industrial chemical products in The People’s Republic of China. Investors in the company were pleased on Monday following the release of some very promising fiscal 2008 fourth quarter results.

Along with revenues upwards of $24.1 million, which represents an increase over fourth quarter 2007 of more than 57 percent, Gulf Resources was happy to report a hefty gross profit of $9.9 million. That figure was a substantial year-over-year improvement of 61 percent. Cash-on-hand neared $31 million as well, along with a net income which overshadowed 2007’s number by 137 percent.

Company officials spoke to the press about the favorable report, as well as shedding some light on things to come.

“During the fourth quarter, our bromine, crude salt, and chemical product sales recovered as expected from the slump caused by the Beijing 2008 Olympic Games, allowing us to meet both our revenue