Nano-Proprietary, Inc. Announces Ruling in Canon Litigation

November 15, 2006 - Austin, Texas-based Nano-Proprietary, Inc. (OTC BB: NNPP), 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.

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) possesses technology related to electronic digitized sign technology. The Companies have over 200 patents or patents 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 www.nano-proprietary.com .