GUYS I trying to pull a finesse move here MVEE looks like it will sit for a bit!! I jumped into A MOMO INCE Looks like she is getting ready to blow!
This is the NEWS from yesterday!!
anopierce Technologies Announces Agreement With Meinen, Ziegel & Co.,
of Munich, Germany
DENVER--(BUSINESS WIRE)--May 26, 1999--Nanopierce Technologies
Inc. (OTC/BB:NPCT - news) Wednesday announced that it has signed a
Technology Cooperation Agreement with Munich, Germany-based Meinen,
Ziegel & Co., one of the world's leading producers of equipment and
systems for the integrated production and personalization of Smart Cards.
Meinen, Ziegel & Co. is majority owned by DataCard Group (Minneapolis),
which is a leading global provider of innovative financial card issuance
systems, photo ID cards, printers, various identification systems, including
health care patient identification systems.
Under the agreement, Nanopierce and Meinen, Ziegel will cooperate in the
development, qualification and industrialization of a chip module embedding
process utilizing Nanopierce Connection System and Meinen, Ziegel
equipment for Dual Interface Smart Cards, known better as CombiCards.
Meinen, Ziegel, using the process, can modify existing models and
manufacture new models of its full line of equipment.
Paul Metzinger, president and CEO, said: ''We anticipate this agreement
will lead to the increased globalization of our technology. The excellent
reputation and market presence of Meinen, Ziegel and DataCard in the
Smart Card industry should prove valuable in the acceptance and
application of our Nanopierce Connection System.''
The combined customer/potential customer database of Meinen, Ziegel and
DataCard will be used to exploit those markets, which will have the greatest
card volumes for Dual Interface Smart Cards, such as Southeast Asia,
Korea, Japan, India and South America.
Nanopierce management indicates that an independent market research
firm, Killen & Associates, cites the current market for Smart Card
manufacturers is growing at 59 percent annually, with $7.6 billion forecast
for 2000, reaching $16 billion by 2005.
Nanopierce Technologies owns 11 patents, six patents pending and various
other intellectual properties related to the company's proprietary NCS; a
system designed to provide significant improvement over conventional
electrical interconnection methods for high-density circuit boards,
connectors, semiconductor packaging and electronic systems.
The public stock trades under the ticker symbol NPCT on the OTC bulletin
board. Nanopierce Technologies is a subsidiary of Intercel Corp.
(OTC/BB:INCE - news).
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Contact:
Nanopierce Technologies
Paul Metzinger, 303/592-1010
or
Stock Enterprises
Jim Stock, 702/614-0003
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