SI Diamond Technology Announces Hydrogen Nanosensor For Power Transformer Oils
Austin, Texas – June 17, 2003 – SI Diamond Technology, Inc. (OTC BB: SIDT) through its subsidiary, Applied Nanotech, Inc. (ANI) today announced the successful demonstration of a new palladium alloy sensor for the detection of hydrogen gas dissolved in power transformer oil. The absorption of hydrogen by the palladium alloy nanoparticles results in changes in the electrical and optical properties of the film that can be measured. The sensor has been tested for different hydrogen concentrations at different temperatures inn transformer oil. The hydrogen concentration varied from 20 PPM (parts per million) to 4000 PPM and the range of oil temperature varied from room temperature to 100 degrees Celsius.
The sensor exhibited good sensitivity and short reaction time. There is a strong connection between the "health" of a power transformer and concentration of hydrogen in the oil. The targeted application of this new sensor is continuous monitoring of electrical power systems and transformers, which will greatly reduce the cost associated with current maintenance methods and help avoid catastrophic failures.
"This is another example of our initiative to focus our proprietary nanotechnology on commercial applications that are immediately viable." said Dr. Zvi Yaniv, CEO of Applied Nanotech, 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 two wholly owned operating subsidiaries. Applied Nanotech, Inc. is a premier research and development organization dedicated to developing applications for nanotechnology with an extremely strong position in the field of electron emission applications from carbon film/nanotubes. Electronic Billboard Technology, Inc. (EBT) is geared toward licensing its technology related to electronic digitized sign technology. SI Diamond Technology's website is www.sidiamond.com.
Company Contact:
Doug Baker
Applied Nanotech Holdings, Inc.
248.391.0612
dbaker(at)appliednanotech.net