updated 5/23/2011 9:17:15 AM ET 2011-05-23T13:17:15

AUSTIN, Texas, May 23, 2011 (GLOBE NEWSWIRE) -- Applied Nanotech Holdings, Inc. (OTCBB:APNT) is pleased to announce that Ishihara Chemical Company will begin marketing its copper inks, using technology licensed from Applied Nanotech. Ishihara will launch its market efforts at Tokyo's JPCA Show 2011, where it will showcase its copper inks. JPCA 2011, the 41st International Electronic Circuit Exhibition, is being held from June 1 to 3, 2011 at Tokyo Big Sight. As a popular Japanese exhibit showcasing the most cutting edge developments in the electronic circuits industry, the JPCA Show is the perfect venue for showcasing the most recent developments in Applied Nanotech's ink technologies.

Ishihara is currently preparing its manufacturing facility for production and will focus its marketing efforts on a wide variety of industries, including LED lighting, solar cells, RFID tags, EL displays, LED displays, medical sensors, intelligent packaging, and others.

Dr. Zvi Yaniv, CEO of Applied Nanotech, Inc., commented on the recent developments; "We are happy to see our strategic relationship with Ishihara come to fruition as we accomplish our common goal of getting our copper inks to market."

Applied Nanotech and Ishihara were jointly awarded the coveted R&D 100 award in 2010 for their inkjettable copper inks, which can be deposited using many printing technologies in air on a flexible thin film substrate offering a new generation of simpler manufacturing methods for producing more energy-efficient, environmentally friendly products and manufacturing methods.

In 2009, APNT announced that it had entered into an exclusive worldwide license agreement with Ishihara related to manufacturing and commercializing nano-copper inks and pastes. Ishihara's manufacturing and marketing efforts will assist in developing end products to move these highly affordable copper nano inks to commercialization.

For more information on the JPCA 2011 Show, go to www.jpcashow.com/show2011/English/ .

About APPLIED NANOTECH HOLDINGS, INC.

Applied Nanotech Holdings, Inc. is a premier research and commercialization organization focused on solving problems at the molecular level. Its team of PhD level scientists and engineers work with companies and other organizations to solve technical impasses and create innovations that will create a competitive advantage. The business model is to license patents and technology to partners that will manufacture and distribute products using the technology. Applied Nanotech has over 300 patents or patents pending. Applied Nanotech's website is http://www.appliednanotech.net .

SAFE HARBOR STATEMENT

This press release contains forward-looking statements that involve risks and uncertainties concerning our 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 our annual report on Form 10-K for the fiscal year ended December 31, 2010, and in reports subsequently filed by us 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 our website listed above. We hereby disclaim any obligation to publicly update the information provided above, including forward-looking statements, to reflect subsequent events or circumstances.

CONTACT: Company Contact:
         Doug Baker
         248.391.0612
         dbaker@appliednanotech.net
         
         Investor Relations Contact:
         Mercom Capital Group
         512-215-4452
         apnt@mercomcapital.com

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved

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