Applied Nanotech
Holdings, Inc. (OTC BB: APNT) announced that it has entered into an agreement
with Mr. Martin Schmid, Managing Director of Roscommon and Peacock International
GmbH, to represent ANI's interests in Europe. The office will be located in
Bergisch Gladbach, Germany in the Köln/Dusseldorf region.
Mr. Martin Schmid recently retired from his position as the General Manager
of the Carbon Nanotubes (Baytube™) Division of Bayer MaterialScience (BMS)
in Leverkusen. His global responsibilities included R&D, production, business
development, marketing and sales, as well as health and safety activities since
2005. Mr. Schmid was instrumental in obtaining the investment for a new world
scale production plant in 2007 and oversaw the construction of this plant. From
1991 to 2005 Mr. Schmid Held managerial positions in Bayer's polymer business
units.
“We are very pleased that Mr. Schmid has joined our team,” said
Dr. Zvi Yaniv, CEO of Applied Nanotech, Inc. “Martin's experience
in the marketing and sale of nanomaterials and polymers will contribute greatly
to our efforts to expand our activities in Europe. I expect this arrangement
to be equally successful to our long time marketing presence in Japan that has
resulted in substantial revenue over the years.”
“It is great that Martin is bringing his vast experience to help us accelerate
commercialization of our nanomaterials,” said Doug Baker, CEO of Applied
Nanotech Holdings, Inc. “Nanomaterials is one of the most active and rapidly
expanding areas of our business and this expansion of our business development
efforts will lead to increased revenue opportunities for us.”