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Applied Nanotech Sets Date for Shareholder Vote for Proposed Combination with Nanofilm, Ltd.

Seeking to effect the combination of their operations under a new publicly traded company called PEN Inc.

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

Applied Nanotech Holdings, Inc. and NanoHolding Inc., the parent company of Nanofilm, Ltd. (Nanofilm) jointly announced that Applied Nanotech has been cleared to file its definitive proxy material with the Securities and Exchange Commission to effect the combination of their operations under a new publicly traded company called PEN Inc.

The primary purpose of the proxy material is to solicit the affirmative vote to approve the combination. The APNT Board of Directors has unanimously approved the combination, and unanimously recommends that shareholders vote “FOR” the transaction.

The company expects to commence mailing of the definitive proxy materials to all shareholders on July 10, 2014, in preparation for an August 28, 2014, shareholder meeting in Dallas, TX.

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