AUSTIN, TX and CAESAREA, ISRAEL - Nano-Proprietary, Inc. through its subsidiary, Applied Nanotech, Inc. (ANI), and NanoReady Ltd. of Israel have announced a partnership to manufacture metallic nanoparticles.

The initial focus of the strategic alliance will be the production of inkjet capable copper inks using NanoReady's wet chemistry process, used for flexible electronics, solar cells, digital printed circuit board (PCB) and other industries.

"We are very pleased to cooperate with NanoReady and develop… nanoparticles required for our ink products," said Dr. Zvi Yaniv, CEO of ANI.

Ronen Frish, NanoReady's CEO, added, "The cooperation of our two companies opens a broad range of new opportunities within the ink industry, and will lead to opportunities in additional industries."