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Applied Nanotech Holdings, Inc. (OTCQB: APNT) and Nanofilm, Ltd. Sign Merger Agreement


An important part of our strategy is to obtain protection for our proprietary technology, products, and processes through the use of patents - both in the U.S. and foreign jurisdictions.
Over the years, we have developed an extensive patent portfolio that includes in excess of 250 patents, including issued patents, patent applications, provisional patents, published patents, and allowed patents.
Our patent portfolio is one of our most valuable assets.




>>>Applied Nanotech Signs Joint R&D and Strategic Cooperation Agreement with Sichuan Yinhe Chemicals Co. and Solexel, Inc.

Austin, TX - August 27, 2013 - Applied Nanotech Holdings, Inc. (OTCQB: APNT) announced the signing of a joint research, development and cooperation agreement with Sichuan Yinhe Chemical Co., Ltd. (YHCC) and Solexel, Inc (Solexel). The agreement relates to the novel solar paste technology being jointly developed and commercialized by the parties.

Applied Nanotech previously signed a license agreement for its solar ink and paste technology for silicon-based solar cells with YHCC, who has the exclusive worldwide rights to the technology, in July, 2011. YHCC completed construction of its high volume production plant in late 2012 at its high-tech industrial park in Sichuan Province, China. This plant is operated by Sichuan Yinhe Starsource Technology Co., Ltd., a subsidiary of YHCC. The plant is dedicated to high volume manufacturing of metallic (aluminum and silver) inks and pastes for the photovoltaic solar industry under exclusive license from APNT. The plant was designed for a capacity of over 1,000 tons of inks and pastes per year. YHCC has already begun its marketing and sales efforts for Aluminum and Silver pastes for solar cells.

In early January, 2013, APNT announced that Solexel achieved its world record of 20.62% efficiency from a 156 mm x 156 mm full-square solar cell using its low cost ultra thin epitaxial silicon film and porous silicon lift-off technology. This record thin-silicon efficiency was achieved thanks to Solexel’s unique epitaxial cell architecture, innovative back contact/back-junction cell design, and proprietary manufacturing process flow, utilizing Applied Nanotech’s proprietary aluminum metallization material. Recently, Solexel achieved over 21% solar cell efficiency based on Applied Nanotech’s improved aluminum material, reducing significantly the cost of production of energy as expressed in $ per watt.

This three way agreement between APNT, Solexel, and YHCC will complete the development and commercialization of APNT’s proprietary aluminum paste to achieve an efficiency of over 22% in Solexel’s unique thin silicon solar cells. Solexel intends to begin volume manufacturing of solar cells in 2014. APNT will transfer the paste technology to YHCC to produce the material for Solexel’s products. Based on this agreement, the three parties will also build a strong market-application based, strategic relationship that will be benefit the PV industry.

“It is ideal for us to work with partners, like Solexel and YHCC  - companies that combine outstanding technology with the potential to revolutionize the solar industry in the near future, and bring extensive experience in high volume manufacturing as well. We will continue to improve our aluminum metallization material under this agreement and expect to achieve even higher efficiencies with Solexel in the future,” said Dr. Zvi Yaniv, CEO of Applied Nanotech, Inc., a subsidiary of APNT, “This is another excellent example of our R&D and commercialization capability. Historically, our business model has focused on licensing our technologies to others and providing R&D services.  However, in this case, we are involved directly in the commercialization of our technologies that have very large market potential. The royalty that we receive from YHCC related to the sales of their solar paste products will be critical for our cash flow in 2014.”

“We are very pleased to work with APNT and YHCC as our metallization paste and sourcing partners   for our business. We plan to use the high volume manufacturing design of the aluminum paste based on APNT’s unique  technology in our high-efficiency solar photovoltaic products in the future.” said Dr. Mehrdad Moslehi, Founder, Executive Chairman and CTO of Solexel, Inc.  


“This is really a win-win situation for all three parties. The division of labor is very clear and there are no conflicts of interest. APNT is responsible for the research and development of the metallic paste technology, YHCC will focus on manufacturing the paste, while Solexel will utilize YHCC’s paste based on APNT’s technology in their products,” added by Mr. Xianrong Li, Chairman of YHCC.

About Applied Nanotech Holdings, Inc.

Applied Nanotech Holdings, Inc. is a premier research and commercialization organization focused on solving problems at the molecular level. Its team of PhD level scientists and engineers work with companies and other organizations to solve technical impasses and create innovations that will create a competitive advantage. The business model is to license patents and technology to partners that will manufacture and distribute products using the technology. Applied Nanotech has over 300 patents or patents pending. Applied Nanotech’s website ishttp://www.appliednanotech.net.

About Solexel, Inc. 

Solexel is an innovative solar PV module manufacturer, based in Milpitas, California.  The company is developing thin crystalline silicon solar modules that offer the performance, quality and reliability of the industry's best-performing modules, at significantly lower cost.  Solexel's approach is based on a disruptive, IP-protected technology which eliminates dependency on the traditional silicon supply chain, and at the same time, enables unique product performance features.  Its high-efficiency, low-cost, high-energy-yield solar modules offer compelling value to multiple market segments, including residential, commercial, and utility-scale power generation. Solexel’s website is http://www.solexel.com

About Sichuan Yinhe Starsource Technology Co., Ltd.

Sichuan Yinhe Starsource Technology Co., Ltd. is a subsidiary of Sichuan Anxian Yinhe Constructional & Chemical Group Co., Ltd. It focuses on electronic paste in the photovoltaic industry. Based on the production of metal paste for crystalline silicon solar cells, the company is mainly engaged in the manufacturing of front and back silver paste and aluminum paste used for solar cells. In February 2011, YHCC and ANHI formed the industrial and R & D alliance, which laid the foundation for Starsource Technology. Starsource’s website is http://www.starsource.com.cn


>>>Applied Nanotech Holdings, Inc. (OTCQB: APNT) and Nanofilm, Ltd. Previously Announced Plan to Merge Will Result in Continued Publicly-Traded Company

Austin, Texas and Valley View, Ohio - November 7, 2013 - Applied Nanotech Holdings, Inc. (OTCQB:APNT), a global leader in nanotechnology research and development, and Nanofilm, Ltd., (“Nanofilm”) a private company with a leading market position for specialty optical coatings, cleaners and nano-composite products, jointly announced in an October 31, 2013 press release that they signed a Letter of Intent (“LOI”) to combine through a stock swap transaction.  The combination of the companies is expected to be a reverse merger whereby Nanofilm owners are expected to own 62% of the new combined company.  The new combined company plans to remain a publicly traded company and change its name to PEN Inc.

The closing of the proposed merger is conditioned upon APNT and Nanofilm obtaining working capital financing; completion of due diligence; signing of a definitive merger agreement containing customary representations, warranties, and closing conditions; SEC approval of APNT’s proxy statement; approval by the respective boards of directors; approval by the shareholders of APNT; and approval by the owners of Nanofilm.


Applied Nanotech Holdings, Inc. (APNT) is an Austin, Texas-based global leader in nanotechnology research and development and has ongoing research programs and license agreements with product innovators around the world.  For information about Applied Nanotech Holdings, Inc., please visit www.appliednanotech.net.

About Nanofilm, Ltd.

Nanofilm, Ltd. is a Valley View, Ohio private company that develops nano-layer coatings, nano-based cleaners, and nano-composite products.  Nanofilm’s primary commercial products center around its unique eyecare glass cleaning and de-fogging products; other products include precision mold release treatments, stay-clean surface treatments for ceramic insulators, and scuff-resistant treatments for commercial dinnerware.  For information about Nanofilm, please visitwww.nanofilmtechnology.com.

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#2931   Wow still a pos company starkd748 07/28/19 10:02:03 AM
#2930   Pen Inc. is not answering emails and have wannabeeriche 04/11/19 06:03:01 PM
#2929   Hmmmm! Just what are father and son up to! wannabeeriche 03/31/19 07:58:01 AM
#2928   Sent two emails to the Pen Inc., asking wannabeeriche 03/23/19 05:44:37 PM
#2927   "PEN Comeback" indicates a comeback of some sort Ubertino 03/20/19 02:08:50 PM
#2926   This Google reference tells me nothing. PENC wannabeeriche 03/20/19 07:49:37 AM
#2925   GOOGLE: Ubertino 03/07/19 10:09:46 AM
#2924   Can someone explain what is going on with wannabeeriche 03/06/19 05:28:51 PM
#2923   $PENC looks hella interesting. Rogue Dead Guy 02/19/19 08:12:50 AM
#2922   Where are the stock guru's wannabeeriche 12/28/18 08:27:45 AM
#2921   Pen Inc., could we PLEASE have some insight? wannabeeriche 12/23/18 05:18:33 PM
#2920   Hemp industrials...Hemp is legal... No more schedule starkd748 12/19/18 02:28:30 PM
#2919   Why are potheads on this site? Ubertino 12/18/18 09:19:35 AM
#2918   Is this board dedicated to PENC? I wannabeeriche 12/17/18 04:55:47 PM
#2917   Vaping is so 2017....Its all about the beverage starkd748 12/03/18 09:08:10 AM
#2916   Pipe dreams - I read yesterday where vaping Ubertino 12/03/18 08:58:58 AM
#2915   Medical marijuana has medicinal purposes......There is no money starkd748 12/02/18 04:33:07 PM
#2914   I like drugs that cure and/or alleviate something. Ubertino 12/02/18 09:30:35 AM
#2913   You need to get the marijuana sector....Easy money starkd748 12/01/18 11:41:54 AM
#2912   Penc is a pos company signing dilutive financing starkd748 12/01/18 11:38:38 AM
#2911   Thank you, Ubertino, I appreciate your honesty. wannabeeriche 11/28/18 08:56:58 PM
#2910   Only one of any real significance - NNVC (NanoViricides). Ubertino 11/28/18 04:41:45 PM
#2909   So what companies are you invested in? wannabeeriche 11/28/18 04:33:51 PM
#2908   I'm 82 and have been in this nano Ubertino 11/28/18 10:14:33 AM
#2907   Transparency please. wannabeeriche 11/27/18 07:46:54 PM
#2906   FORM 8-K Ubertino 10/18/18 12:20:11 PM
#2905   News Nice 8k this am should move from here lowfloatmaster 10/18/18 10:03:17 AM
#2904   Maybe weed? Ubertino 08/11/18 07:50:09 AM
#2903   What a shitty company this is... Almost forgot starkd748 08/11/18 06:02:17 AM
#2902   Are you guys working on anything new, any daisies 10/30/17 11:34:54 PM
#2901   https://investorshub.advfn.com/boards/read_msg.aspx?message_id=88988176 Ubertino 10/17/17 12:13:26 PM
#2900   I hear they are changing the symbol to daisies 10/16/17 12:26:32 PM
#2899   Lol sorry bro...penny technology stocks never move unless starkd748 08/22/17 12:02:33 PM
#2898   It will take something stronger than MJ to daisies 08/22/17 11:35:49 AM
#2897   Buy mmj stocks you will feel better like starkd748 08/09/17 08:09:25 PM
#2896   I'm here, bleeding stomach ulcers under control after Ubertino 08/07/17 11:08:21 AM
#2895   It's hard to believe that after the NNPP daisies 08/07/17 10:59:04 AM
#2894   This is my biggest Loser in over 20 daisies 08/01/17 11:15:20 AM
#2893   I had 50K Shares before the R SPLIT, daisies 06/06/17 12:35:03 AM
#2892   Now we are moving right along, Down $.39, daisies 06/05/17 12:16:03 AM
#2891   PENC buy 1.72 stocktrademan 06/02/17 03:34:15 PM
#2890   PENC is alive and kicking. Ubertino 05/25/17 10:28:59 AM
#2889   For the quarter ended March 31, 2017, PEN Ubertino 05/23/17 12:27:00 PM
#2888   I guess insider buying is a bad thing daisies 05/04/17 11:49:54 PM
#2887   Looks like our Leaders are loading up on daisies 05/01/17 11:45:35 PM
#2886   Looks like the only way to get this daisies 01/21/17 10:09:04 AM
#2885   How long will it take Anne to make daisies 12/09/16 09:48:18 PM
#2884   https://static.wixstatic.com/media/d3410c_6c7f15ec30184c15b444807ef6cce0e8~ Ubertino 11/30/16 12:34:19 PM
#2883   Pen Inc - Class A Ubertino 11/30/16 12:10:46 PM
#2882   I hear her too , I'm already heading Gamer7 11/03/16 08:21:56 PM