3SOF

Profile :


Nano-Proprietary Inc.
3006 Longhorn Boulevard
Suite 107
Austin, TX 78758
United States - Map
Phone: 512-339-5020
Fax: 512-339-5021
Web Site: http://www.nano-proprietary.com

DETAILS   
Index Membership: N/A
Sector: Technology
Industry: Diversified Electronics
Full Time Employees: 29


BUSINESS SUMMARY   
Nano-Proprietary, Inc. and its subsidiaries engage in the development of products for applications using proprietary field emission technology, sensors, and nanomaterials. The company, through its subsidiary, Applied Nanotech Inc., develops proprietary carbon nanotube and related technology for display, sensors, functional nanomaterials, and other specific electronic applications. Nano-Proprietary, through its subsidiary, Billboard Technology, Inc., conceptualizes and develops digital display technologies, including sun-readable display products for outdoor use. The company was incorporated in 1987 and is headquartered in Austin, Texas.

Falling Wedge (Reversal) Pattern
Taking a nice bounce to the upside of the 50-day MA

52wk Range: 0.92 - 2.68
Volume: 832,900
Avg Vol (3m): 202,856

Technicals
Percentage Gainer

Last Price Quote is:
12.30%above 13-day MA
12.36%above 50-day MA
RS Rating: N/A 

Fundamentals
Key Data:
Market Cap (M): $118.89 

Falling Wedge (Reversal)
The falling wedge is a bullish pattern that begins wide at the top and contracts as prices move lower. This price action forms a cone that slopes down as the reaction highs and reaction lows converge. In contrast to symmetrical triangles, which have no definitive slope and no bias, falling wedges definitely slope down and have a bullish bias. However, this bullish bias cannot be realized until a resistance breakout.

The falling wedge can also fit into the continuation category. As a continuation pattern, the falling wedge will still slope down, but the slope will be against the prevailing uptrend. As a reversal pattern, the falling wedge slopes down and with the prevailing trend. Regardless of the type (reversal or continuation), falling wedges are regarded as bullish patterns.

As with rising wedges, the falling wedge can be one of the most difficult chart patterns to accurately recognize and trade. When lower highs and lower lows form, as in a falling wedge, a security remains in a downtrend. The falling wedge is designed to spot a decrease in downside momentum and alert technicians to a potential trend reversal. Even though selling pressure may be diminishing, demand does not win out until resistance is broken. As with most patterns, it is important to wait for a breakout and combine other aspects of technical analysis to confirm signals.

Press Release Source: Nano-Proprietary, Inc.


Nano-Proprietary, Inc. Announces Changes to Management Team and Board of Directors
Monday December 4, 8:40 am ET


AUSTIN, TX--(MARKET WIRE)--Dec 4, 2006 -- Nano-Proprietary, Inc. (OTC BB:NNPP.OB - News) today announced that Thomas F. Bijou has replaced R.D. (Dan) Burck as a Board Member and as Chief Executive Officer of the Company, effective December 1, 2006. In addition, Bradford S. Lamb was added to the Company's Board of Directors.


Mr. Bijou began his career at General Electric Company, working in the plastics division and at GE Information Services Company. He left GE in 1982 to form Tigon Corporation with several associates. Tigon was a voicemail outsourcing company that was sold to Ameritech in 1988 at a substantial return, and he remained with the Company until 1991. In 1992, Mr. Bijou became CEO of Advanced Telemarketing Corporation ("ATC"), a subsidiary of publicly traded NRP, Inc. By 1996, ATC was the only subsidiary of NRP. During Mr. Bijou's tenure, the market capitalization of NRP increased from $10 million to almost $400 million.

Since 1997, Tom Bijou has been CEO of BHM Associates, Inc. whose activities include mentoring and funding Technology companies. In connection with these BHM activities, Mr. Bijou served as Chairman of Knowledge Communications, Inc., an early pioneer in the distance learning marketplace and provided seed capital and arranged subsequent investment for Freestone Systems/LightSpeed, a Video Storage and Transmission development and IP licensing company. Both companies were sold with substantial returns to investors.

Mr. Lamb is a long-time investor in Nano-Proprietary, Inc. and is currently President of Columbia Power Technologies, an early stage technology company that is commercializing a new generation of clean renewable energy systems utilizing ocean waves. Before joining Columbia Power, he was President of InteLex Corporation, a publisher of online databases used for academic research. Prior to InteLex, Mr. Lamb spent ten years with GE Medical systems in various capital medical equipment sales and sales management positions, including three years in Hong Kong, where he was responsible for CAT Scanner sales in ten countries including China, India, Korea, and the ASEAN countries.

"We are fortunate that an individual with Tom's background and success in technology and venture capital became available to lead us to the next level of our development," said Marc Eller, Chairman of Nano-Proprietary, Inc. "We are also pleased to add two such qualified individuals to our Board of Directors."

"I have had the privilege to be associated with many successful companies over the course of my career," said Tom Bijou, "but only in Nano-Proprietary have I seen such depth in basic research capability along with substantial progress in protecting and marketing its IP. Building value for Shareholders through developing and licensing IP is never a short term or inexpensive task. However Nano-Proprietary is far down the path and well positioned as actual market applications of its IP develop."

Safe Harbor Statement

This press release contains forward-looking statements that involve risks and uncertainties concerning Nano-Proprietary's business, products, and financial results. Actual results may differ materially from the results predicted. More information about potential risk factors that could affect our business, products, and financial results are included in Nano-Proprietary's annual report on Form 10-K for the fiscal year ended December 31, 2005, and in reports subsequently filed by Nano-Proprietary with the Securities and Exchange Commission ("SEC"). All documents are available through the SEC's Electronic Data Gathering Analysis and Retrieval System (EDGAR) at www.sec.gov or from Nano-Proprietary's web site listed below. Nano-Proprietary hereby disclaims any obligation to publicly update the information provided above, including forward-looking statements, to reflect subsequent events or circumstances.

About Nano-Proprietary, Inc.

Nano-Proprietary, Inc. is a holding company consisting of two wholly owned operating subsidiaries. Applied Nanotech Inc. is a premier research and commercialization organization dedicated to developing applications for nanotechnology with an extremely strong position in the fields of electron emission applications from carbon film/nanotubes, sensors, functionalized nanomaterials, and nanoelectronics. Electronic Billboard Technology, Inc. (EBT) has a financial interest in technology related to electronic digitized sign technology. Nano-Proprietary's website is www.nano-proprietary.com.

Contact:
     COMPANY CONTACT:
     Doug Baker
     Chief Financial Officer
     Nano-Proprietary, Inc.
     248.391.0612
     Email Contact
     
     MEDIA CONTACT:
     Michael L. Warden
     512.736.9296
     Email Contact
--------------------------------------------------------------------------------
Source: Nano-Proprietary, Inc.

A nice day up....   

52wk Range: 0.92 - 2.68
Volume: 541,467
Avg Vol (3m): 202,856

Technicals
Percentage Gainer

Last Price Quote is:
21.15%above 13-day MA
22.75%above 50-day MA
RS Rating: N/A 

Fundamentals
Key Data:
Market Cap (M): $118.89 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: N/A

Last Nano worked, I like this set up,  in at 1.48

Starting to look like the nano play for today, not chasing the other one.  Not just coatings, but nanotubes, electron emmission, etc..... Just need some more volume.  Slightly above G-spot at present.  Thanks again Setravis

Freakn' impressive run into the close.  Alot like nslt yesterday.  Tomorrow morning, watch for the gap and run.  If it breaks that 200 day , then I feel it should test 2.0-2.08.  Get crazy volume and we've got another shorty BBQ like nslt today.  Good fade play also.

Quote from: shipman on December 05, 2006, 01:31:06 PM
Starting to look like the nano play for today, not chasing the other one.  Not just coatings, but nanotubes, electron emmission, etc..... Just need some more volume.  Slightly above G-spot at present.  Thanks again Setravis

Glad you like it ! 

Quote from: shipman on December 05, 2006, 04:07:49 PM
Freakn' impressive run into the close.  Alot like nslt yesterday.  Tomorrow morning, watch for the gap and run.  If it breaks that 200 day , then I feel it should test 2.0-2.08.  Get crazy volume and we've got another shorty BBQ like nslt today. Good fade play also.

Now that gets an setravis "hoorah ! " 
I think we gonna bust through that 200-day MA, JMHO of course.....

The backlog of development contracts as of September 30, 2006 was $6.8 million compared to $4.6 million at September 30, 2005. Of the current development contract backlog, $5.3 million is scheduled for completion during the next twelve months. The remaining $1.5 million is scheduled for completion over the subsequent five months, through February 2008.

Support @ $1.49...1.40...1.12
Resistance @ $2.14

Technicals
MACD is Bullish
Percentage Gainer

Last Price Quote is:
33.30%above 13-day EMA
37.91%above 50-day EMA
RS Rating: N/A 

Fundamentals
Key Data:
Market Cap (M): $118.89 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: N/A

Should be getting some kind of settlement on licensing.  Not chump change either.  Seems that this company has a patent for backlighting technology for LCD tv's.  If Canon/Toshiba settle, there will be more licenses in the future.  Backlighting is like 9% of the 66 billion dollar market.  It should explode.





Nano-Proprietary, Inc. Announces Ruling in Canon Litigation
Wednesday November 15, 9:15 am ET


AUSTIN, TX--(MARKET WIRE)--Nov 15, 2006 -- Austin, Texas-based Nano-Proprietary, Inc. (OTC BB:NNPP.OB - News) today announced that U.S. District Judge Sam Sparks has issued his ruling denying Canon's motion for summary judgment. 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 at www.nano-proprietary.com.
Safe Harbor Statement

No Gap.  Nice volume. Heading higher. 

Really hasn't panned out today.  Taking my profit. 1.62

News-

Canon/Toshiba SED Venture Collapses Amid Litigation:

http://www.cepro.com/news/editorial/17409.html

Nano-Proprietary, Inc. Comments on Canon's Press Release Regarding SED, Inc. Ownership

AUSTIN, TX -- (MARKET WIRE) -- January 12, 2007 -- Nano-Proprietary, Inc. (OTCBB: NNPP) today announced that it is pleased Canon, Inc. and Toshiba Corporation have decided to continue to move forward with their SED TV.

"Restructuring of Canon's ownership position does not resolve the pending litigation which goes to trial in a few weeks," said Tom Bijou, Chief Executive Officer of Nano-Proprietary, Inc. "We have terminated Canon's license as a result of breach of contract. Moreover, our complaint against Canon includes other counts, including fraud unrelated to the ownership of SED. We are, however, willing to enter into a new license agreement with Canon on reasonable terms."

SED Next-Generation Flat-Screen Display

http://www.canon.com/technology/canon_tech/explanation/sed.html

Patent Database Search Results: AN/"SI Diamond" OR "Nano-Proprietary" in US Patent Collection:

http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&u=%2Fnetahtml%2FPTO%2Fsearch-adv.htm&r=0&p=1&f=S&l=50&Query=AN%2F%22SI+Diamond%22+OR+%22Nano-Proprietary%22&d=PTXT

Press Release Source: Nano-Proprietary, Inc.


Nano-Proprietary, Inc. Announces Ruling in Canon Litigation
Friday February 23, 9:10 am ET


AUSTIN, TX--(MARKET WIRE)--Feb 23, 2007 -- Austin, Texas-based Nano-Proprietary, Inc. (OTC BB:NNPP.OB - News) today 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 at www.nano-proprietary.com.


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.

Safe Harbor Statement

This press release contains forward-looking statements that involve risks and uncertainties concerning Nano-Proprietary's business, products, and financial results. Actual results may differ materially from the results predicted. More information about potential risk factors that could affect our business, products, and financial results are included in Nano-Proprietary's annual report on Form 10-K for the fiscal year ended December 31, 2005, and in reports subsequently filed by Nano-Proprietary with the Securities and Exchange Commission ("SEC"). All documents are available through the SEC's Electronic Data Gathering Analysis and Retrieval System (EDGAR) at www.sec.gov or from Nano-Proprietary's website listed below. Nano-Proprietary hereby disclaims any obligation to publicly update the information provided above, including forward-looking statements, to reflect subsequent events or circumstances.

About Nano-Proprietary, Inc.

Nano-Proprietary, Inc. is a holding company consisting of two wholly owned operating subsidiaries. Applied Nanotech Inc. is a premier research and commercialization organization dedicated to developing applications for nanotechnology with an extremely strong positions in the fields of electron emission applications from carbon film/nanotubes, sensors, functionalized nanomaterials, and nanoelectronics. Electronic Billboard Technology, Inc. (EBT) has a financial interest in technology related to electronic digitized sign technology. Nano-Proprietary's website is www.nano-proprietary.com.



Contact:
     COMPANY CONTACT
     Doug Baker
     Chief Financial Officer
     Nano-Proprietary, Inc.
     248.391.0612
     Email Contact
     
     MEDIA CONTACT
     William J. Spina
     781.378.2000
     Email Contact
     


--------------------------------------------------------------------------------
Source: Nano-Proprietary, Inc.

UPDATE 1-Canon chairman says won't give up on flat panels


TOKYO, March 2 (Reuters) - Canon Inc. (7751.T: Quote, NEWS , Research) Chairman Fujio Mitarai said he expects his company to win a patent-related dispute in the United States and pursue its plan to enter the $84 billion flat-panel television market.

"I don't think we will lose" in the continuing litigation brought by Nano-Proprietary Inc. (NNPP.OB: Quote, Profile , Research), Mitarai said in a meeting with analysts on Friday, according a company spokesman. Texas-based Nano-Proprietary in December cut off its licence agreement with the Japanese electronics giant on the grounds that Canon had tried to share patents with Toshiba Corp (6502.T: Quote, NEWS , Research). and other firms

Canon, the world's top maker of copiers and cameras, and Nano-Proprietary are trying to reach a settlement before the U.S. court rules on damages due the U.S. firm, according to people familiar with the negotiations.

Tokyo-based Canon is the third-biggest patent holder in the United States.

Nano-Proprietary's technology that was licensed to Canon is used for surface-conduction electron-emitter displays (SED) TVs, which are said to have brighter images and consume less energy than existing LCDs and plasma models.

We wouldn't go ahead with SEDs until we are sure we can make the business profitable in three years," he said.

The 71-year-old chairman also said the company is interested in other types of flat-panel displays designed for large TVs, including organic light-emitting diodes (OLED), which Sony Corp. (6758.T: Quote, NEWS , Research) also develops, and rear-projection displays.

Canon, which also makes camcoders, has always been interested in making products that could display video, following its success in offering both cameras and printers.

Mitarai also said Canon will focus on developing future technologies in medical, intellectual robots and security, and will aim to launch new businesses in those areas after 2010, the spokesman said.


Canon reiterated its mid-term targets for calendar 2010 of 5.5 trillion yen ($47 billion) in annual sales and net income of 550 billion yen.

This year, Canon is aiming for an eighth year of earnings growth, with group sales of 4.45 trillion yen and an operating profit of 765 billion yen.

Shares in Canon fell 2.2 percent to 6,260 yen in Tokyo, more than the 1.4 percent decline in the Nikkei <.N225> benchmark.

Canon's U.S. court loss could cost it millions.......

TOKYO, Feb 28 (Reuters) - When Canon Inc. (7751.T: Quote, NEWS , Research) was sued by a small, money-losing U.S. technology firm two years ago, the dispute was over a patent licence that had cost the Japanese electronics giant a one-time payment of $5.6 million.

But now that the lawsuit has caused Canon to lose the licence, a fresh agreement with Texas-based Nano-Proprietary Inc. (NNPP.OB: Quote, Profile , Research) could be worth millions of dollars more, lawyers said.

Last week a U.S. court ruled against Canon, saying the company breached its deal with Nano-Proprietary by trying to share the flat display technology with Toshiba Corp. (6502.T: Quote, NEWS , Research).


The court's decision comes as a major setback and perhaps an embarrassment for Tokyo-based Canon, the third-biggest patent owner in the United States.

"It seems strange Canon managed to go all the way to trial and lose," said Peter Godwin, a Tokyo-based partner at law firm Herbert Smith. "Assuming they were advised they were at risk, you'd expect a company of the size of Canon to have reached a settlement before that."

Now, Canon is left with no plans for mass production of the displays. The sale of the new TVs, scheduled for the fourth quarter, will be limited to Japan and on a small scale.

The court has yet to address Nano-Proprietary's claims that Canon engaged in fraud to extend its licence rights to Toshiba and perhaps other Japanese companies.

When Canon and Toshiba set up the joint venture in 2004 to develop the panels, the initial plan was to mass-produce the new type of flat TVs in time for the 2008 Beijing Olympics.

But it was the partnership itself that ultimately hurt the Japanese companies in the dispute two years later.

The original deal allowed Canon to license Nano-Proprietary's technology to its own units. Canon had claimed the venture with Toshiba was a subsidiary because Canon's 50 percent stake included one more share than its partner held.

To resolve the situation, Nano-Proprietary had offered to negotiate a separate licence with Toshiba on the same terms as the initial deal with Canon, people familiar with the situation said.


But Canon told its partner not to worry and blocked Toshiba from talking to Nano-Proprietary, these people said.

Spokesmen at Canon and Toshiba declined to comment, saying the lawsuit was still going on. A Nano-Proprietary spokesman also declined to discuss its dealings with Canon and Toshiba.


In April 2005, Nano-Proprietary sued Canon in U.S. District Court, challenging a company that has $35 billion in annual revenue and employs more than 500 intellectual property experts.   


But after months into the litigation, the court ruled that the joint venture with Toshiba was not a Canon subsidiary.

For Judge Sam Sparks of Texas, Canon's decision in January to buy out Toshiba's stake in the unit came too late.

"But clearly, it takes two to settle and the patent is a very important one," Godwin said. "Both Canon and Nano may have taken the view that the legal fees involved were insignificant compared to the benefits should they win."

A person close to the trial said the parties may reach a settlement before the court rules on damages due the U.S. firm.


The next session of the trial is set for the first available date after April 2.

A new licensing deal between Canon and Nano-Proprietary could be a pay-as-you-use contract and may be priced well above the original one-time upfront contract, Credit Suisse analyst Kunihiko Kanno wrote in a note to his clients.

"That would have an impact on (Canon's) profitability."

On the other hand, last week's ruling sent Nano-Proprietary shares up 17 percent on expectations the firm may earn higher patent-related revenues. Nano-Proprietary, which has close to 200 patents and pending applications, also owns technology in carbon nanotube TVs and carbon nanotube backlights for liquid-crystal displays.


MORE LICENCES?

Nano-Proprietary's technology that was licensed to Canon is used for surface-conduction electron-emitter displays (SED) TVs, which are said to have brighter images and consume less energy than existing LCDs and plasma models.

Canon, also the world's top maker of cameras and copiers, had hoped to tap into the booming demand in the $84 billion global flat-panel TV market with brand new SEDs.

But some analysts including James Kim at Lehman Brothers said they are sceptical about cost-competitiveness of SEDs in an already crowded flat TV industry.

Separately, Nano-Proprietary is said to be in talks with various manufacturers to license patents used for other displays and related technology such as backlights for LCDs.

Earlier this week, technology publisher Smarthouse reported that Samsung Electronics (005930.KS: Quote, Profile , Research) has made approaches to get access to SED technology from Nano-Proprietary, citing a source at the South Korean consumer electronics giant.

A Samsung spokeswoman denied that the company was considering SED technology but added that the company would be interested in entering the market if there was any sign of demand.

Nano-Proprietary spokesman William Spina said the company would talk to anyone who was interested.

"We will talk to Canon, Toshiba, Samsung or any interested party regarding SED licensing agreement on a non-exclusive or exclusive basis," Spina said.