NANO-PROPRIETARY, INC. CARBON DIOXIDE SENSOR GRANT APPLICATION SELECTED FOR AWARD

May 14, 2008 – Austin, Texas-based Nano-Proprietary, Inc. (OTC BB: NNPP) announced that its subsidiary, Applied Nanotech, Inc. (“ANI”), has been selected to be awarded a new phase I Small Business Technology Transfer Program grant by the U.S. Department of Energy in the amount of approximately $100,000.

The purpose of the grant is to develop and test an improved Carbon Dioxide (CO2) sensor for use in monitoring CO2 in geologic subsurface structures to assure safe retention.

“We are pleased to be selected for this grant in our ever broadening sensor line,” said Thomas F. Bijou, Chairman and Chief Executive Officer of Nano-Proprietary, Inc. “The strategy that we have been following, to have a broad base of sensor technologies, is beginning to yield tangible results.”

More information is available at the Department of Energy Website at http://www.science.doe.gov/sbir/awards_abstracts/sbirsttr/cycle26/phase1/p1_award.htm.

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