ANI Inc. Demonstrates A 14" Diagonal Nanotube Display
Austin, Texas – April 18, 2002 – Applied Nanotech, Inc. (ANI), a subsidiary of SI Diamond Technology (OTC BB: SIDT), announces the demonstration of a 14" diagonal carbon nanotube display. This display was made with low-cost fabrication techniques on inexpensive glass substrates. No photolithographic steps were required, greatly simplifying the manufacturing process. While the display that ANI demonstrated was monochrome, color is achievable by using different phosphors.
This demonstration is an important milestone for ANI, expanding its carbon nanotube technology from full-color, small-diagonal, low-resolution picture element tubes (used as a component for outdoor sun visible displays) to large area displays for commercial TV applications. "These results are very encouraging and are parallel to our goal of providing a solution for the 50" to 80" HDTV market for future home usage," said Dr. Zvi Yaniv, President and CEO of ANI.
Many display experts are of the opinion that current flat panel display technologies are not adequate for a low cost, high quality, large area TV for home use. They believe that field emission displays utilizing carbon nanotubes as emitters could provide the solution. ANI is positioned to benefit from advances in this field, holding over 50 issued patents relating to this technology.
The significance of this accomplishment is that the display was made using dispensing (printing) techniques that are proven to be scalable to larger areas. The equipment required to make this demonstration is readily available. "Existing factories can be retooled with a fraction of the capital investment required for other flat panel display technologies," said Marc Eller, Chairman and CEO of SI Diamond Technology, Inc.
Safe Harbor Statement
This press release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Act of 1934, and is subject to the safe harbor created by those sections. The Company's actual results could differ materially from those projected in the forward-looking information. Future results may be impacted by risk factors listed from time to time in SIDT's SEC reports. SI Diamond Technology, Inc. disclaims any intent or obligation to update forward-looking information.
SI Diamond Technology is a holding company consisting of three wholly owned operating subsidiaries. Applied Nanotech, Inc. is a premier research and development organization dedicated to developing applications for nanotechnology. Electronic Billboard Technology, Inc. (EBT) is geared toward the commercialization of electronic digitized sign technology. Sign Builders of America, Inc. (SBOA), is a manufacturer of high quality signage. SI Diamond Technology's website is www.sidiamond.com.
Company Contact:
Doug Baker
Applied Nanotech Holdings, Inc.
248.391.0612
dbaker(at)appliednanotech.net