Applied Nanotech Taps Mercom Capital Group for its Investor Relations Initiatives

Austin, Texas – July 26, 2010 – Applied Nanotech Holdings, Inc. (OTCBB: APNT)  is pleased to announce that it has retained Austin based Mercom Capital Group, a leading communications firm, specializing in clean energy, to provide strategic investor relations counsel and spearhead the company’s investor relations outreach initiatives.

“We are confident that Mercom Capital Group is the right choice to lead our investor relations initiatives," commented Douglas Baker, CEO of Applied Nanotech.  “They are highly respected in the clean energy markets and bring the expertise and a solid track record for providing strategic and highly effective communications services to companies like ours.  As we enter our next stage of growth, we look forward to working with Mercom to ensure our progress is effectively communicated to the financial community. While Mercom works with companies in a variety of industries, we believe their expertise and contacts in the clean energy area fit nicely with us since many of our technologies (CarbAl™, technical inks, and nanocomposites) have applicability in this area.”

"We are impressed with Applied Nanotech’s ability not only to develop innovative technological solutions, but also with management's vision and leadership to take the company from R&D to a near-term commercialization phase in multiple markets.  We look forward to being an integral part of their communications team and in assisting the company in achieving its business goals and objectives,” commented Wendy Prabhu, President of Mercom Capital Group.

About Applied Nanotech Holdings

Applied Nanotech Holdings, Inc. is a premier research and commercialization organization focused on solving problems at the molecular level. Its team of PhD level scientists and engineers work with companies and other organizations to solve technical impasses and create innovations that will create a competitive advantage. The business model is to license patents and technology to partners that will manufacture and distribute products using the technology. Applied Nanotech has over 250 patents or patents pending.  For more information about APNT, visit:  http://www.appliednanotech.net.

 About Mercom Capital Group

Mercom Capital Group is a clean energy communications and consulting firm with offices in the US and India.  Mercom’s communications division helps companies build powerful relationships with media, analysts, investors, government decision-makers, local communities and strategic partners.  Mercom’s consulting division advises companies on new market entry, custom market intelligence and overall strategic decision-making.  Mercom’s highly respected industry market intelligence reports provide timely industry happenings and ahead-of-the-curve analysis to a large network of clean energy industry executives, funding groups, government agencies, analysts, media and more.  For more information about Mercom Capital Group, visit: http://www.mercomcapital.com.  To get a copy of Mercom’s popular market intelligence reports, visit: http://mercomcapital.com/market_intelligence.php.

Safe Harbor Statement

This release contains forward-looking statements that involve risks and uncertainties concerning our business, products, and financial results. Actual results may differ materially from the results predicted. More information about potential risk factors that could affect our business, products, and financial results are included in our annual report on Form 10-K for the fiscal year ended December 31, 2009, and in reports subsequently filed by us with the Securities and Exchange Commission ("SEC"). All documents are available through the SEC's Electronic Data Gathering Analysis and Retrieval System (EDGAR) at www.sec.gov or from our website listed above. We hereby disclaim any obligation to publicly update the information provided above, including forward-looking statements, to reflect subsequent events or circumstances.

Company Contact:
Doug Baker
Applied Nanotech Holdings, Inc.
248.391.0612
dbaker(at)appliednanotech.net

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