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To: JW@KSC who wrote (343)	10/20/1998 6:42:00 PM
From: OFW	Respond to of 1275

(PR NEWSWIRE) Nanopierce Technologies, Inc. Enforces Intellectual Property Nanopierce Technologies, Inc. Enforces Intellectual Property Ownership DENVER, Colo., Oct. 20 /PRNewswire/ -- Nanopierce Technologies, Inc. (OTC Bulletin Board: NPCT) today asserted its legal and rightful ownership of its valuable IP by obtaining a Temporary Restraining Order against Louis DiFrancesco in the District Court in and for the City and County of Denver, State of Colorado. The IP was purchased from DiFrancesco in 1996. DiFrancesco is the original inventor of Nanopierce's particle interconnect technology. The Temporary Restraining Order restrains DiFrancesco from making any statements concerning his purported ownership rights in or to Nanopierce's intellectual property assets consisting of the patents, licenses and royalty rights; from contacting actual or potential customers, licensees, and investors of Nonopierce; using any name confusingly similar to Nanopierce's Particle Interconnect; and contacting any actual or potential customer, licensees and investors under the auspices that he represents, works for or is associated with Nanopierce or that he owns the Patents or is entitled to any royalties. Nanopierce has also filed a Complaint for Declaratory and Injunctive Relief against DiFrancesco asking the court to declare that the patents assigned to Nanopierce are the sole property of Nanopierce; that it is entitled to all royalties from third party licensees; that DiFrancesco's Consulting Agreement was terminated and that DiFrancesco has no right to use the particle interconnect name or trademark. Mr. Gilbert Olachea, President and CEO of the Company, stated, "Our action today exhibits to our licensees, customers, investors and the industry our resolve to aggressively defend our valuable intellectual properties. We intend to eliminate any doubt about the legitimacy of title to our corporate properties and dispel the damaging confusion created in our public securities market by Mr. DiFrancesco's spurious allegations and claims." Nanopierce owns ten patents, seven patent applications pending, two patent applications in preparation and other intellectual properties, relating to the particle interconnect technology used in its Nanopierce Technology Material (NTM). This advanced process & material is designed to provide a significant improvement over conventional electrical and mechanical interconnection methods for high-density circuit boards, components, sockets, connectors, semiconductor packaging and electronic systems. SOURCE Nanopierce Technologies, Inc. -0- 10/20/98 /CONTACT: Nanopierce Technologies, Inc. at 303-592-1010/ (NPCT)