To: jmhollen who wrote (1050 ) 1/14/2003 1:59:14 PM From: jmhollen Read Replies (1) | Respond to of 1275 NanoPierce Technologies, Inc. - Avery Dennison Corporation Sign Agreement DENVER--(BUSINESS WIRE)--Jan. 14, 2003--NanoPierce Technologies, Inc., (OTCBB:NPCT), announced today that it has signed an agreement with Avery Dennison Corporation to explore the application of WaferPierce(TM) and NCS(TM) in the production of reliable, low-cost RFID labels. This three-phase project will explore a variety of novel approaches to producing smart labels and begins immediately. Avery Dennison is a global leader in pressure-sensitive technology and innovative self-adhesive solutions for consumer products and label materials. NanoPierce Technologies, Inc. has developed a novel, low-cost connection technology suitable for a variety of electrical and electronic interconnections. This advanced system has been shown to provide significant improvements over conventional electrical and mechanical interconnection methods for a wide variety of applications. Paul H. Metzinger, President and Chief Executive Officer of NanoPierce Technologies, Inc. said: "This agreement between NanoPierce and Avery Dennison provides the Company with a tremendous opportunity to demonstrate the efficacy of NCS(TM) and WaferPierce(TM). NanoPierce remains committed to being a major participant in this rapidly growing market." About Nanopierce Technologies, Inc. NanoPierce Technologies, Inc., of Denver, Colorado, USA, is traded on the NASDAQ stock market (OTC:BB:NPCT) as well as on the Frankfurt and Hamburg exchanges (OTC:NPI). In addition to the 12 patents it owns, NanoPierce has numerous applications pending, others in preparation, and various other intellectual properties related to NanoPierce's proprietary NCS(TM) (NanoPierce Connection System). This advanced system is designed to provide significant improvement over conventional electrical and mechanical interconnection methods for high-density circuit boards, components, sockets, connectors, semiconductor packaging and electronic systems. CONTACT: NanoPierce Technologies, Inc. Paul H. Metzinger, 303/592-1010 Fax: 303/592-1054 paul@nanopierce.com or NanoPierce Connection Systems, Inc. William Pfeiffer, 719/638-5930 Fax: 719/638-5933 bill.pfeiffer@nanopierce.com .