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Technology Stocks : SI Diamond Technology (SIDT)

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To: dwight martin who wrote (607)6/17/2002 12:17:23 PM
From: Savant  Read Replies (1) of 623
 
Applied Nanotech Inc. Announces the Use of Its Carbon Nanotube Cold Cathodes For

/FROM PR NEWSWIRE DALLAS 888-776-3971/
TO BUSINESS, MEDICAL AND TECHNOLOGY EDITORS:

Applied Nanotech Inc. Announces the Use of Its Carbon Nanotube Cold Cathodes
For Medical Applications

AUSTIN, Texas, June 17 /PRNewswire-FirstCall/ -- SI Diamond Technology,
Inc. (OTC Bulletin Board: SIDT) through its subsidiary, Applied Nanotech Inc.
(ANI) today announced that Oxford Instruments (see oxfordxtg.com )
expanded its utilization of ANI's carbon nanotube cold cathodes for medical
applications according to MediRad (an Israeli company, contact
medirad@netvision.net.il ) specifications, to achieve a very unique form
factor x-ray tube with a length of 35 mm and a diameter of 9 mm developed for
MediRad. X-ray tubes as narrow as 4 mm are possible.
This new x-ray tube will allow pinpoint therapy in brachytherapy as well
as in dentistry and will improve currently available treatments. These new
radiation therapy devices achieve overall lower cost and greater safety due to
the absence of radioactive isotopes.
ANI is currently supplying carbon nanotube cold cathodes to MediRad and a
Japanese company, both of which are leaders in developing new miniature x-ray
tubes for medical applications.
"Medical applications represent a potential for high volume production of
carbon nanotube cold cathodes," said Dr. Zvi Yaniv, President and CEO of ANI.

Safe Harbor Statement
This press release contains forward-looking information within the meaning
of Section 27A of the Securities Act of 1933, and Section 21E of the
Securities Act of 1934, and is subject to the safe harbor created by those
sections. The Company's actual results could differ materially from those
projected in the forward-looking information. Future results may be impacted
by risk factors listed from time to time in SIDT's SEC reports. SI Diamond
Technology, Inc. disclaims any intent or obligation to update forward-looking
information.

SI Diamond Technology is a holding company consisting of three wholly
owned operating subsidiaries. Applied Nanotech Inc., is a premier research
and development organization dedicated to developing applications for
nanotechnology. Electronic Billboard Technology, Inc. (EBT) is geared toward
the commercialization of electronic digitized sign technology. Sign Builders
of America, Inc. (SBOA), is a manufacturer of high quality signage.
SI Diamond Technology's website is www.sidiamond.com .

Company Contact:
Brad Arberg
SI Diamond Technology, Inc.
(404) 603 - 3566

MAKE YOUR OPINION COUNT - Click Here
tbutton.prnewswire.com

SOURCE SI Diamond Technology, Inc.

/CONTACT: Brad Arberg of SI Diamond Technology, Inc., +1-404-603-3566/

/Web site: oxfordxtg.comhttp://www.sidiamond.com /

Jun-17-2002 15:51 GMT
Symbols:
US;SIDT
Source PRN PR NewsWire
Categories:
NWR/TX NWI/CPR NWI/MTC NWI/OTC MST/R/IL MST/R/US/TX MST/I/CPM
MST/I/DRG MST/I/MKT
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