Comments on: Canon Takes Over SED TV Joint Venture http://www.digitaltrends.com/home-theater/canon-takes-over-sed-tv-joint-venture/ Upgrade Your Lifestyle Sun, 22 Nov 2009 14:58:49 -0800 http://wordpress.org/?v=2.8.5 hourly 1 By: SED TV Fan http://www.digitaltrends.com/home-theater/canon-takes-over-sed-tv-joint-venture/#comment-53998 SED TV Fan Sat, 13 Jan 2007 17:06:10 +0000 #comment-53998 This whole story is amazing. From good to bad then<br /> good again then worse in only two weeks. This whole story is amazing. From good to bad then
good again then worse in only two weeks.

]]> By: William J Spina http://www.digitaltrends.com/home-theater/canon-takes-over-sed-tv-joint-venture/#comment-53999 William J Spina Fri, 12 Jan 2007 13:22:37 +0000 #comment-53999 Below is Nano Proprietary response to Canon buying Toshiba's SED TV part od Display Business.<br /> <br /> <br /> Nano-Proprietary, Inc. Comments on Canon's Press Release Regarding SED, Inc. Ownership <br /> 10:39 a.m. 01/12/2007 Provided By Market Wire <br /> <br /> <br /> AUSTIN, TX, Jan 12, 2007 (MARKET WIRE via COMTEX) -- Nano-Proprietary, Inc. (NNPP) today announced that it is pleased Canon, Inc.(CAJ) and Toshiba Corporation have decided to continue to move forward with their SED TV. <br /> <br /> "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." <br /> <br /> ABOUT NANO-PROPRIETARY, INC. <br /> <br /> 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 field of electron emission applications from carbon film/nanotubes, sensors, functionalized nanomaterials, and nanoelectronics. Electronic Billboard Technology, Inc. (EBT) has investments related to electronic digitized sign technology. The Companies have over 200 patents or patent applications pending. Nano-Proprietary's business model is to license its technology to partners that will manufacture and distribute products using the technology. Nano-Proprietary's website is <a href="http://www.nano-proprietary.com" title="www.nano-proprietary.com" target="_blank" rel="nofollow">www.nano-proprietary.com</a> . <br /> <br /> Safe Harbor Statement <br /> <br /> 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 <a href="http://www.sec.gov" title="www.sec.gov" target="_blank" rel="nofollow">www.sec.gov</a> 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. <br /> <br /> COMPANY CONTACT Doug Baker Chief Financial Officer Nano-Proprietary, Inc. 248.391.0612<br /> <br /> MEDIA CONTACT William J. Spina 781.378-2000 <br /> <br /> <br /> <br /> Below is Nano Proprietary response to Canon buying Toshiba's SED TV part od Display Business.

Nano-Proprietary, Inc. Comments on Canon's Press Release Regarding SED, Inc. Ownership
10:39 a.m. 01/12/2007 Provided By Market Wire

AUSTIN, TX, Jan 12, 2007 (MARKET WIRE via COMTEX) — Nano-Proprietary, Inc. (NNPP) today announced that it is pleased Canon, Inc.(CAJ) 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.”

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 field of electron emission applications from carbon film/nanotubes, sensors, functionalized nanomaterials, and nanoelectronics. Electronic Billboard Technology, Inc. (EBT) has investments related to electronic digitized sign technology. The Companies have over 200 patents or patent applications pending. Nano-Proprietary's business model is to license its technology to partners that will manufacture and distribute products using the technology. Nano-Proprietary's website is http://www.nano-proprietary.com .

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 http://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.

COMPANY CONTACT Doug Baker Chief Financial Officer Nano-Proprietary, Inc. 248.391.0612

MEDIA CONTACT William J. Spina 781.378-2000

]]>