Nano-Proprietary, Inc. to Receive $1.6 Million

Filed Under (Analysis, Business, Companies, Forex News, Fund, financial) by admin on 15-11-2007

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Nano-Proprietary, Inc. to Receive $1.6 Million Defense Appropriation for Biological Threat and Chemical Air Purification System Austin, Texas-based Nano-Proprietary, Inc. (OTCBB: NNPP), through its subsidiary, Applied Nanotech, Inc. (ANI), today announced that as a result of the successful completion of its initial project, it will receive $1.6 million for further development of its PhotoScrub® concept, a thin film coating on a flexible fiberglass cloth that decomposes pollutants at the molecular level in gases and liquids. This funding was included in the 2008 Defense Appropriations Bill recently signed by the President. The PhotoScrub® concept is based on an air-purification technology originally developed by one of our strategic partners, Andes Electric, Co. Ltd., and currently uses nano-structured photocatalyst materials that decompose air contaminants and pollutants at the molecular level in solid, liquid and gaseous samples. The funds will be utilized to integrate the PhotoScrub® concept into an HVAC system and build a prototype integrated unit. "This is another example of our ability to develop processes at the nano-level that result in useful applications," said Dr. Zvi Yaniv, CEO of Applied Nanotech. "We are also pleased to have our PhotoScrub® concept featured in the U.S. Army Space and Missile Defense Command/Army Forces Strategic Command brochure celebrating 50 years of Army Space and Missile Defense." More information on the brochure is available at our website listed below under the heading Technology Platforms - Nanomaterials - Photoscrub. Our goal is to develop technology that is more effective and reliable in fighting airborne biological and chemical contaminants, while at the same time being more affordable than existing methods. The next step in the process is to structure a formal agreement with the Department of Defense for the project which would be expected to begin in early 2008. "We're enthusiastic about being approved for these funds, which add to our ever growing revenue backlog," said Tom Bijou, CEO of Nano-Proprietary. "This award, in addition to our recently announced contracts in the sensor and electron emissions area, highlights the applicability of our intellectual property to a broad range of developing markets." Safe Harbor Statement This press release contains forward-looking statements that involve risks and uncertainties concerning Nano-Proprietary's business, products, and financial results. Actual results may differ materially from the results predicted. More information about potential risk factors that could affect our business, products, and financial results are included in Nano-Proprietary's annual report on Form 10-K/A for the fiscal year ended December 31, 2006, and in reports subsequently filed by Nano-Proprietary with the Securities and Exchange Commission ("SEC"). All documents are available through the SEC's Electronic Data Gathering Analysis and Retrieval System (EDGAR) at www.sec.gov or from Nano-Proprietary's website listed below. Nano-Proprietary hereby disclaims any obligation to publicly update the information provided above, including forward-looking statements, to reflect subsequent events or circumstances. 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. Nano-Proprietary's website is www.nano-proprietary.com .

Brown Goes Green

Filed Under (Business, Companies, Forex News, ZAP, parnership) by admin on 13-11-2007

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UPS to Use ZAP Electric Car and Truck Fleet for Deliveries

PETALUMA, CA -- (November 13, 2007) -- It will be a green holiday this season for United Parcel Service (UPS), who rolled out a small parcel delivery service this week in Northern California using 42 electric cars and trucks from ZAP (OTCBB: ZAAP). UPS rolled out an electric car and truck fleet from ZAP this week to help with small parcel deliveries in dense urban communities. The move was made to reduce fuel consumption and reduce CO2 emissions. The UPS branch in Petaluma, California has leased an initial fleet of 42 ZAP Xebra® electric city cars and trucks for their small parcel deliveries. This is the first time that UPS has used electric city-speed vehicles for this purpose. Small parcel deliveries are becoming more challenging for the trademark big, brown UPS delivery vans, which is why UPS is using the electric city cars and trucks to handle small parcel deliveries. The ZAP vehicles lessen fuel consumption and reduce automotive emissions produced by current delivery vehicles. Drivers will be monitoring their electrical usage to carefully analyze cost-savings and emissions reductions. "This is the missing link for small package deliveries in congested areas," said ZAP CEO Steve Schneider. "Packages go from the airplanes, to the tractor trailers, to the delivery vans, then to the drop-off nodes. From there the ZAP trucks make the final delivery to the consumer in a zero-emission vehicle that costs less to operate. It's a perfect example of how green technology can help corporate America's bottom line." UPS is setting up strategic distribution nodes where vans can transfer packages to the ZAP Xebras for final delivery in smaller communities, neighborhoods and downtown areas where larger delivery vans are less efficient and have a more difficult time navigating or parking. "ZAP vehicles are much better than full size trucks in urban areas because they can save a fleet operator money," said ZAP Chairman Gary Starr. "Electric vehicles can also be one of the best things any organization can do to cut greenhouse gases and help the environment." About UPS Founded in 1907 as a messenger company, UPS has grown into a $47.5 billion corporation by focusing on the goal of enabling global commerce. It has become the world's largest package delivery company and a leading provider of specialized transportation and logistics services. Every day UPS manages the flow of goods, funds, and information in more than 200 countries and territories worldwide. UPS employs 427,700 people delivering 3.9 million packages annually. UPS operates 1,788 facilities with an overall vehicle fleet of 94,542 package cars, vans, tractors, and motorcycles. UPS also operates a fleet of 277 aircraft, making it the 9th largest airline. About ZAP ZAP has been a leader in advanced transportation technologies since 1994, delivering over 100,000 vehicles to consumers in more than 75 countries. At the forefront of fuel-efficient transportation with new technologies including energy efficient gas systems, hydrogen, electric, fuel cell, ethanol, hybrid and other innovative power systems, ZAP has a joint venture to manufacture electric and hybrid vehicles with Youngman Automotive Group, one of China's leading manufacturers of buses and trucks. ZAP is developing a high-performance crossover SUV electric car concept called ZAP-X engineered by Lotus Engineering. ZAP is also developing a new generation of vehicles using advanced nanotech batteries with Advanced Battery Technologies (AMEX: GBT). The Company recently announced a strategic partnership with Dubai-based Al Yousuf Group to expand its international vehicle distribution. ZAP also makes an innovative, new portable energy technology that manages power for mobile electronics from cell phones to laptops. For product, dealer and investor information

Corning Celebrates Sullivan Park Expansion Groundbreaking

Filed Under (Economy, Forex News, Fund, Investment, compaines, project) by admin on 13-11-2007

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Governor applauds commitment to continued investment in New York CORNING, N.Y. -- Corning Incorporated (NYSE:GLW) broke ground today on a previously announced $300 million facility improvement plan for the company's Sullivan Park Research and Development campus near Corning, N.Y. New York Governor Eliot Spitzer helped lead the ceremonial groundbreaking, along with Corning leadership, employees and invited dignitaries. The expansion plan at Corning's world-leading research center includes significant renovation of an existing research and development building and construction of a new facility. Results are expected to include increased operational efficiency, flexibility, space utilization and energy efficiency. All phases of this project are expected to be completed by 2013, with expenditures phased over the course of this six-year period. Corning Chairman and Chief Executive Officer Wendell P. Weeks set the stage as he spoke to Corning's long history of successful innovation. Next year marks 100 years of dedicated research at Corning - an achievement that only five U.S. companies can claim. "Today's groundbreaking represents an important milestone in our continuing commitment to excellence in research and development, and to the southern tier of New York State," Weeks said. Weeks traced Corning's history of research breakthroughs from developing the glass envelope to commercialize Thomas Edison's electric light bulb, to cathode ray tubes that enabled the growth of television, to today's newest game-changing technology, ultra-bendable fiber. "Today's announcement demonstrates that great companies like Corning are investing in Upstate New York's innovation economy because they understand its potential," said Governor Spitzer. "These are the type of key projects that will continue to drive the revival of the Upstate economy and the Southern Tier." Corning Chief Technology Officer Dr. Joseph A. Miller spoke of Corning as an organization that thrives on creating first-of-a-kind, life-changing innovations. He attributed Corning's ongoing success in research and development to a special recipe: a centralized and collaborative R&D environment, a vibrant innovation heritage, and a community of talented employees to whom Miller dedicated the event. "They are delivering the inventions and innovations that will not only grow Corning, but will contribute to the well-being of this region," Miller said. Assistance for this expansion project has been offered by the Empire State Development Corporation, the New York State Energy Research and Development Authority, and the New York State Department of Transportation in the forms of: a $1.5 million capital grant; up to $1.5 million in project funding; and up to $750,000 in Industrial Access Program funding, respectively. The Industrial Access Program funding is to be applied for by the town or county. About Corning Incorporated Corning Incorporated (www.corning.com) is the world leader in specialty glass and ceramics. Drawing on more than 150 years of materials science and process engineering knowledge, Corning creates and makes keystone components that enable high-technology systems for consumer electronics, mobile emissions control, telecommunications and life sciences. Our products include glass substrates for LCD televisions, computer monitors and laptops; ceramic substrates and filters for mobile emission control systems; optical fiber, cable, hardware & equipment for telecommunications networks; optical biosensors for drug discovery; and other advanced optics and specialty glass solutions for a number of industries including semiconductor, aerospace, defense, astronomy and metrology.

China Nepstar Chain Drugstore (NPD) Begins Trading on NYSE

Filed Under (China, Forex News, stocks) by admin on 09-11-2007

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China's largest drugstore chain based on the number of directly operated stores, China Nepstar Chain Drugstore Ltd  ("Nepstar" or "the Company"), was listed today on the New York Stock Exchange. Nepstar offered 20,625,000 American depositary shares (ADSs) during its initial public offering at US$16.20 each. Gross proceeds from the offering, not including the potential exercise of the greenshoe, amounted to approximately US$334 million. Nepstar is the largest drugstore chain in mainland China, with 1,791 directly operated stores as of September 30, 2007. Proceeds from the offering will be used to open new stores, to upgrade information management and inventory control systems and to set up two new distribution centers. The proceeds may also be used for other general corporate purposes and for potential acquisitions. Goldman Sachs (Asia) L.L.C. was the sole global coordinator of the offering. Goldman Sachs (Asia) L.L.C. and Merrill Lynch, Pierce, Fenner & Smith Incorporated were the joint bookrunners. CLSA Limited was also an underwriter of the offering. Nepstar's registration statement relating to these securities has been declared effective by the United States Securities and Exchange Commission. This news release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

SunPower to Build Three Solar Power Plants in Spain

Filed Under (Companies, Forex News, Investment, market, technology) by admin on 09-11-2007

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SunPower to Build Three Solar Power Plants in Spain Totaling 21-Megawatts for Naturener Group
Image SunPower Corp. (Nasdaq: SPWR), a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced that its Spanish subsidiary will engineer, procure equipment for and construct three solar electric power plants totaling approximately 21-megawatts in the Castilla La Mancha region of Spain.

Corporate affiliates of The Naturener Group, a Spanish-based company, will own the three solar power plants located in Tinajeros (Albacete), Manzanares and Almuradiel (Ciudad Real), just southeast of Madrid. They are expected to be financed by a Spanish bank syndicate.

SunPower will utilize its proprietary SunPower(R) Tracker solar tracking system at each of the three sites, covering a total of approximately 90 hectares. The SunPower Tracker is an industry-leading solution for deploying large-scale solar electric systems and is today's most reliable and proven solar tracking technology. Its unique design enables solar panels to automatically follow the sun throughout the day to maximize energy generation -- delivering up to 25 percent more power output than traditional fixed systems.

"We are pleased that the Spanish market continues its rapid adoption of solar power and that Naturener has chosen SunPower's innovative solar tracker technology as part of our turnkey solar solution," said Marco Antonio Northland, general manager of SunPower's European operations. "The SunPower Tracker solar power system is a proven and reliable solution for maximizing the highest energy delivery, while optimizing land use and reducing related costs."

With the signing of the construction contracts, Naturener will consolidate its solar power projects in Spain. "We anticipate that these three solar power plants will be in operation by the summer of 2008 and will add them to our existing renewable portfolio of hydro and wind generation," said Rafael Sanchez-Castillo, CEO of Naturener Group. "We are pleased to continue our expansion of renewable energy in the Spanish and North American markets."

SunPower now has an aggregate of approximately 140-megawatts in SunPower tracker technology under contract or previously sold in Spain.

PPL Partners with Vermont Landfill

Filed Under (Business, Forex News, benfits, invstment, market) by admin on 08-11-2007

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PPL Partners with Vermont Landfill to Develop Renewable Energy Generating Facility PPL Renewable Energy, a subsidiary of PPL Corporation, will develop and install a 4.8- megawatt methane-to-electricity power generation system at the Moretown Landfill in Moretown, Vt., the company announced Thursday November 8th. Moretown Landfill, a subsidiary of Highstar Waste Holding Corp., will provide 2.4 million cubic feet of methane gas every day to power Caterpillar generators at the 200-acre facility. Methane-to-energy systems at landfills have a dual benefit for the environment -- they generate electricity from renewable fuel while also eliminating emissions of methane, a gas that contributes to global warming. Methane is created when refuse in landfills decomposes. "This project is consistent with our company's vision of being the best possible partner to all of our constituencies, local communities, customers, employees and shareholders," said Frank E. Celli, chief operating officer of Highstar Waste Holding Corp. "By developing this project with PPL Renewable Energy, the Moretown Landfill creates a beneficial use for a naturally occurring byproduct of our waste management operations and reduces greenhouse gas emissions." The power generated by the facility will be sent to the electricity grid and will power the equivalent of 3,000 homes. The companies expect the project to be operational by Dec. 31, 2008. "We're excited to be partnering with HWHC on this project that captures a valuable fuel that would otherwise be wasted and uses it to generate electricity," said Steve Gabrielle, business development manager for PPL Renewable Energy. "When completed, this plant will prevent the equivalent of 29,000 tons of carbon dioxide emissions each year. That's equal to removing 40,000 cars from the road or planting 57,000 acres of new forest." PPL Renewable Energy already has developed renewable energy projects that total more than 15 megawatts of generation -- enough to power 12,000 homes. These include solar panel installations and landfill gas projects in Pennsylvania and New Jersey. In addition, PPL purchases energy from the 24-megawatt Bear Creek wind farm near Wilkes-Barre, Pa., and the 26-megawatt Locust Ridge project in Mahanoy City, Pa. Other projects -- including new solar, landfill gas, wind and biomass -- are under development by PPL. PPL Renewable Energy, a subsidiary of PPL Corporation, develops, owns, operates and maintains renewable energy projects in the northeastern United States. The company will invest at least $100 million in additional renewable energy projects in the next five years. PPL Corporation, headquartered in Allentown, Pa., controls more than 11,000 megawatts of generating capacity in the United States, sells energy in key U.S. markets and delivers electricity to about 4 million customers in Pennsylvania and the United Kingdom.

Vehicle Compliance Enforcement System

Filed Under (Business, Forex News, vehicle) by admin on 08-11-2007

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1. A vehicle environmental regulatory compliance system, comprising: a vehicle unit (14) comprising a vehicle wireless communication transceiver (22) and a control (24) for controlling said wireless communication transceiver, said control including memory (26) for storing vehicle data including exhaust emission parameters from a vehicle diagnostic system; and a communication network (16) for two-way wireless communication with said vehicle unit, said communication network made up of a plurality of geographically dispersed generally stationary wireless communication transceivers, (20) characterized in that at least one of said stationary transceivers (20) is adapted to activate said vehicle wireless communication transceiver when that vehicle wireless communication transceiver is in a vicinity of that stationary transceiver to communicate vehicle data in said memory to that stationary transceiver; and a host computer system (44) with access to said communication network and a database (46) accessed by said host computer system, said host computer system receiving vehicle data from said communication transceivers, said database collection environmental regulatory compliance data from the vehicle data received from said communication transceivers, wherein environmental authority can access environmental regulatory compliance from the environmental regulatory compliance data in said database. 2. The system of claim 1 wherein said communication network including network connection at said stationary wireless communication transceivers with a wide area network, said wide area network retrieving vehicle data from said stationary wireless communication transceivers and providing access to the retrieved vehicle data. at locations remote from said stationary transceivers. 3. The system of claim 1 wherein current vehicle data is compared with historical vehicle data to determine if the vehicle is operating outside of normal operation. 4. The system of claim 1 wherein a vehicle owner is provided access to said communication network for vehicle performance monitoring. 5. The system of claim 1 including a unique vehicle identification code, wherein said identification code is transmitted with the vehicle data to that stationary transceiver. 6. The system of claim 6 wherein said vehicle data includes auxiliary data in addition to the exhaust emission parameters. 7. The system of claim 2 wherein said network connection comprises at least one chosen from a high speed installed connection, a wireless connection and a satellite connection. 8. The system of claim 1 wherein said control is programmable through said vehicle transceiver with code received from said stationary transceivers. 9. The system of claim 1 wherein said communication network tracks the geographic location of said vehicle unit. 10. The system of claim 1 wherein said communication network includes cameras (38) with said stationary transceivers operable to capture images of vehicles communicating exhaust emission data. 11. The system of claim 1 wherein said vehicle unit further comprises an adapter configured to connect with a vehicle diagnostic port of a vehicle diagnostic system for receiving vehicle data including exhaust emission parameters, a vehicle wireless communication transceiver and a control for controlling said adapter and said wireless communication transceiver, said control including said memory for storing vehicle data from the vehicle diagnostic system. 12. A method of verifying regulatory compliance of a vehicle (14), comprising: providing a vehicle unit comprising a vehicle wireless transceiver (22) and a memory; storing in said memory vehicle data including exhaust emission parameters from a vehicle diagnostic system; providing a communication network (16) for two-way wireless communication with said vehicle unit, said communication network made up of a plurality of geographically dispersed generally stationary wireless communication transceivers; (20) characterized in that said method further comprising activating said vehicle wireless communication transceiver with one of said stationary transceivers when said vehicle wireless communication transceiver is in a vicinity of that stationary transceiver to communicate the stored vehicle data to that stationary transceiver; providing a host computer (44) system with access to said communication network and receiving vehicle data from said communication transceivers with said host computer system; providing a database (46) accessed by said host computer system; collecting environmental regulatory compliance data with said database from vehicle data received from the communication transceivers; and providing access by environmental authority to said database to verify regulatory compliance. 13. The method of claim 12 including providing a network connection at said stationary wireless communication transceivers with a wide area network; and retrieving vehicle data from said stationary wireless communication transceivers with said wide area network and providing access to retrieved vehicle data with said host computer system. 14. The method of claim 12 including comparing current vehicle data with historical vehicle data to determine if the vehicle is operating outside of normal operation. 15. The method of claim 12 including providing access by a vehicle owner to said database for vehicle performance monitoring. 16. The method of claim 12 including providing a unique vehicle identification code and transmitting said identification code with the vehicle data. 17. The method of claim 12 wherein said vehicle data includes auxiliary data in addition to the exhaust emission. 18. The method of claim 12 wherein said network connection comprises at least one chosen from a high speed installed connection, a wireless connection and a satellite connection. 19. The method of claim 12 including programming said vehicle unit through said vehicle transceiver with code received from said stationary transceivers. 20. The method of claim 12 including tracking the geographic location of said vehicle unit with said communication network. 21. The method of claim 12 including providing cameras with said stationary transceivers and capturing images with said cameras of vehicles communicating exhaust emission data. 22. The method of claim 12 further comprising providing said vehicle unit comprising an adapter and a vehicle wireless transceiver; connecting said vehicle unit with a diagnostic port of a vehicle diagnostic system and receiving vehicle data including exhaust emission parameters with said vehicle unit; storing vehicle data in said memory from the vehicle diagnostic port. Description: CROSS REFERENCE TO RELATED APPLICATION This application claims priority from United States provisional patent application Serial No. 60/345,524, filed on January 3, 2002. BACKGROUND OF THE INVENTION Mandated by USEPA and other government agencies throughout the world, OBD II (EOBD in Europe) was primarily developed for monitoring the vehicle's s emission control systems by the Engine Control Module (ECM), which will typically display a general warning to the operator (the check engine light, or Malfunction Indicator Light-MIL) when a fault is detected. It also provides a means by which a mechanic or vehicle inspector can access engine parameters, readiness status and specific fault codes related to engine hardware that can affect emissions and engine performance. The OBD II system is accessible via a standardized communications link and cable, and a microprocessor device that implements various standardized communications protocol. Such device is known as a scan tool. Data from on-board sensors can be accessed by the scan tool at a rate of up to 50 Hz.