Technology Rights for Nano PV

August 20, 2004 [] International Nanotechnology (INC) signed an agreement to acquire the nanotechnology assets of, and an exclusive product license to, products manufactured by Terra Solar Development’s (TSDC) joint venture with Dr. S. Kulcsar. TSDC develops photovoltaic (PV) and nanocell technology to create thin film applications that will work in most lighting situations. Nanofilms have elements below 1000 and even below 100 nanometers, making the technology challenging to work with. Dr. Zoltan Kiss, will become Chief Technical Advisor of INC. The product is expected to be available for sampling in the fourth quarter of 2004. Pricing has not been announced.


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