NANO-PROPRIETARY, INC. ADDS HOWARD WESTERMAN TO BOARD OF DIRECTORS
Austin , TX – May 22, 2007 – Nano-Proprietary, Inc. (OTC BB: NNPP) today announced that Howard G. Westerman, Jr. was appointed to the Company's Board of Directors.
Howard Westerman is the Chief Executive Officer of JW Operating Company, a privately held energy development and energy services company headquartered in Dallas , Texas . Mr. Westerman joined JW Operating Company in 1978 and became CEO in 1999. Under his leadership as CEO, the Company's revenues increased from approximately $70 million to a forecast of almost $1 Billion and employment grew from approximately 350 employees in 1999 to over 1,600 today. Mr. Westerman is also a member of the Board of Directors of Peerless Manufacturing Company, a global provider of environmental and separation filtration products. Peerless Manufacturing is listed on the NASDAQ Global Market Exchange. Mr. Westerman also serves on numerous charitable and community boards.
“We are fortunate that an individual with Howard's background and skills is joining our Board,” said Tom Bijou, CEO of Nano-Proprietary, Inc. “I am committed to bringing Directors to the Company that can help us move to the next level, and that have actual experience in guiding companies in a high growth environment.”
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 .
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