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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?

To: Walter in HK who wrote (15548)	4/19/1999 9:13:00 PM
From: Chad Beemer	Read Replies (1) \| Respond to of 64865

Here is some good news regarding Smart Card. Indirectly this could have a positive effect on SUN with their entry into smart cards as it will keep costs down. We have extraordinary news, Nanopierce Technologies has closed an Application Development Agreement with Multitape GmbH & Co. KG, Paderborn, Germany, one of the world's leading manufacturers of components used in the manufacturing of Smart Cards!!! Nanopierce Technologies Inc. Announces Major Technology Agreement DENVER--(BUSINESS WIRE)--April 19, 1999--Nanopierce Technologies Inc. (OTC BB:NPCT) today announced it has closed an Application Development Agreement with Multitape GmbH & Co. KG, Paderborn, Germany, one of the world's leading manufacturers of components used in the manufacturing of Smart Cards. Under the Agreement, Nanopierce and Multitape will develop a chip module substrate tape utilizing Nanopierce Connection System for Dual Interface Smart Cards. A leading smartcard manufacturer has agreed to conduct field trails on the product designed to qualify it for ISO 9000 standards and eventual commercial production. Multitape is an established supplier of chip module tapes and antenna coils for use in Smart Cards to many manufacturers, including such industry leaders as Siemens Semiconductor Group (Germany) (SMAWY, OTC BB:Foreign), Philips Semiconductors (Holland) (NYSE:PHG - news), Orga Kartensysteme, GmbH (Germany) and PPC Card Systems, GmbH (Germany). Dr. Herbert J. Neuhaus, executive vice president of marketing and technology said, ''This venture with one of Europe's most innovative participants in the Smart Card industry presents Nanopierce with a strategic opportunity to insert its technology into the products of multiple manufacturers. We intend to become the standard for chip to antenna connection technology in the multi-billion dollar, worldwide, Smart Card industry which is now experiencing explosive growth.'' Dr. Neuhaus noted that according to the respected market research firm, Killen & Associates, the worldwide market opportunity for smart card manufacturers will grow at a 59% rate (CAGR) typical of emerging markets to $7.6 billion in 2000, reaching $16 billion in 2005. Nanopierce owns eleven patents, six pending patent applications, two patent applications in preparation and other intellectual properties, relating to its Nanopierce Connection System (NCS). This advanced system 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. ------------------------------------------------------------------------------ -- Contact: Nanopierce Technologies Inc., Denver 303/592-1010