Nocopi Technologies Inc logo
 
top left edge background
  Latest News
nav_rule
Archives
 
  Latest News...  

 

 

NOCOPI TECHNOLOGIES, INC. ANNOUNCES MAJOR LICENSING AGREEMENTS WITH INTERNATIONAL AND NATIONAL CHILDREN'S CONSUMER PRODUCTS COMPANIES; NEW INITIATIVES FOR GAINING INCREASED REVENUES IN THE RETAIL LOSS PREVENTION MARKET

TUESDAY APRIL 19, 2011

WEST CONSHOHOCKEN, Pa., April 19 /PRNewswire-FirstCall/ -- Michael A. Feinstein, M.D., Chairman and CEO of Nocopi Technologies, Inc. (OTCQB: NNUP), today announced the commercialization of new business relationships in the entertainment and toy product markets. Among others, Nocopi established a license in the second quarter of 2010 with a major children's consumer products company that develops art products and children's games. This company has grown to become a leading creative kids craft resource in the US marketplace today.

In addition, Nocopi initiated a relationship with an international purveyor of colored pencils and art supplies in the third quarter of 2010. The agreement involves sales of children's games and puzzle books developed utilizing Nocopi's ink and printing technologies. Both of these relationships are anticipated to generate increasing revenues in 2011.

In late March 2011, Nocopi completed a multi-year license agreement with Ideopolis LLC, a designer of creative educational products for children marketed under the brand name Alphabotz®. The company was granted exclusive rights to market certain products incorporating Nocopi's Rub-it & Color ink technology in a specific vertical market in the United States.

Randy Barton a Principal at IDEOPOLIS commented: "We are very pleased to announce that we have produced a new product for the medical industry called Alphabotz® Scratch-N-Color Wait-Time Playbooks. These fun, safe, sanitary, and mess-free activity booklets can be distributed by medical facilities to help entertain kids while they wait in the emergency room, or any medical waiting room (www.alphabotz.com/playbooks)."

"To maintain a competitive edge in the marketplace, at a later date Nocopi will be announcing more details about these important agreements and the companies that we are now working with" said Dr. Feinstein.

All three licensing agreements are the result of Nocopi's ongoing efforts in product research and development. Innovative new products developed through the utilization of Nocopi's ink and printing technologies should be on shelves in 2011.

"These are very exciting times for Nocopi," said Dr. Feinstein. "We have been successful this year in acquiring new accounts and have renewed agreements with existing accounts in the United States. We continue to work on development of new innovative products for children of all ages utilizing Nocopi's ink and printing technologies.

Nocopi Technologies, Inc. is also in the business of developing solutions against counterfeiting, product diversion, document security, and authentication via patented technologies (including invisible inks, color changing inks, reactive thread and document security paper products).

Dr. Feinstein further stated, "We are also developing special ink and printing technology initiatives for new security products for use in the retail loss prevention market. We are pleased that the sales of our inks and technologies for retail loss prevention increased in 2010 as compared to 2009. In fact, as of July 1, 2010, our sales of security inks surpassed the sales in all of 2009. We have new licensing agreements with two new accounts which in addition to existing accounts in the US and Canada has resulted in an increase in security ink orders. We have created new inks to supply additional security for retail loss prevention. We are pleased that our security business revenues have increased. We expect even more growth in 2011."

FORWARD-LOOKING INFORMATION

The foregoing contains forward-looking information within the meaning of The Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve certain risks and uncertainties. Actual results may differ materially from such forward-looking statements (a summary of which may be found in the Company's Annual Report on Form 10-K for the year ended December 31, 2010 filed with the SEC on March 31, 2011 under the caption "Risk Factors"). The Company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.

Contact: Rudolph Lutterschmidt, Chief Financial Officer, Nocopi Technologies, Inc. ,
(610) 834-9600. Source: Nocopi Technologies, Inc.


NOCOPI TECHNOLOGIES, INC. ANNOUNCES A MULTI YEAR RENEWAL OF AN EXCLUSIVE LICENSE FOR THE CHILDREN’S ARTS AND CRAFTS MARKET WITH ELMER’S PRODUCTS, INC. IN ADDITION, A NEW EXCLUSIVE LICENSE WITH JL INC. FOR SALES RECORD PROTECTION IN CANADA. TUESDAY DECEMBER 29, 2009

WEST CONSHOHOCKEN, PA, December 29, 2009, PR Newswire. Today, Michael A. Feinstein, M.D., Chairman and CEO of Nocopi Technologies, Inc. (OTC Bulletin Board: NNUP), a company dedicated to providing solutions for product counterfeiting, diversion and creative ink technologies for national and international clients is pleased to announce:

A renewal of an exclusive license with Giddy Up and Color Loco, divisions of Elmer’s Products, Inc. “It’s extremely exciting for Nocopi to continue our partnership with the great people at Giddy Up & Color Loco and we look forward to continued growth in this marketplace”, said Dr. Feinstein.
The Giddy Up and Color Loco divisions, headquartered in Ann Arbor, Michigan, focus on licensed-based, creative arts and crafts activity products designed for children. The company’s product lines include Blendy Pens®, ColorSplitz™, Dotza™, SprayZa™, Water WOW®, Color-N-Carry® and Surprize Ink®; their licensed properties include The Backyardigans®, Blue’s Clues®, Dora the Explorer®, Fairly Odd Parents®, SpongeBob SquarePants®, Barbie®, Hello Kitty®, My Little Pony®, Sesame Street® and Spider-Man®. The Company’s product lines have demonstrated strong levels of initial acceptance and repeat purchases through a wide variety of retail distribution channels.
Joshua Pokempner and Julia Benben of the Color Loco division commented “Renewing the partnership that we have with Nocopi is central to our continual development of educational, fun arts and crafts products for children of all ages.”

Nocopi has also granted a new exclusive license to supply products and technologies to JL Inc., Montreal, Quebec, Canada for use in the arena of Secure Retail Sales Records. “We’re very pleased about Nocopi’s new business relationship with JL Inc. and look forward to yearly growth in the arena of Secure Retail Sales Records in Canada,” said Dr. Feinstein.

With a solid history of success for over a quarter of a century, JL Inc. is a reliable supplies partner that is difficult to surpass. They offer a complete line of top quality paper rolls, imaging and printing products. Their services are finely tuned to the customer, small or large. From the retail industry to hospitality markets and individual office requirements, they meet every supply need. Furthermore, in today’s security-conscious environment, they stay on top of changing demands and offer customized safety solutions to protect a company’s business. “We’re now very happy to be able to offer our Canadian customers exclusively Nocopi’s leading secure ink technologies. Nocopi’s inks help fill the need for security, which is more and more prevalent in today’s marketplace” said Olivier Brodeur from JL Inc.

Nocopi Technologies, Inc., a well-known company for the past fifteen years is in the business of developing solutions against counterfeiting, product diversion, document security and authentication via patented technologies (including invisible inks, color changing inks, reactive thread and document security paper products.) Additionally, it develops and markets specialty reactive inks for the educational and toy market.

FORWARD-LOOKING INFORMATION

The foregoing contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Such forward-looking statements involve certain risks and uncertainties. Actual results may differ materially from such forward-looking statements (a summary of which may be found in the Company’s Annual Report on Form 10-K for the year ended December 31, 2008 and its Quarterly Report on Form 10-Q for the quarter ended September 30, 2009 under the caption “Risk Factors”). The Company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.
 

 

NOCOPI TECHNOLOGIES, INC. EXPANDS ITS RUB-IT & COLOR TECHNOLOGY INTO A NEW EXCLUSIVE LICENSING AGREEMENT FOR THE RESTAURANT INDUSTRY. THURSDAY OCTOBER 2, 2008

WEST CONSHOHOCKEN, Pa., Oct. 2 /PRNewswire-FirstCall/ -- Today Michael A. Feinstein, M.D., Chairman and CEO of Nocopi Technologies, Inc. (OTC Bulletin Board: NNUP - News), announced a multi-year licensing agreement with Family Hospitality LLC, Las Vegas, Nevada, a leading supplier of juvenile and restaurant supply products.

The three and one-half year License Agreement, exclusive for the United States and non-exclusive for Canada, allows Family Hospitality LLC to sell or resell its Classy Kid branded products to the restaurant industry using Nocopi's patented Rub-it & Color technology in children's menus, placemats for restaurant use, and butcher paper for use on tables. The Classy Kid Product brand can be found in restaurants and major retail chains across the United States, and the company is a member of the Juvenile Product Manufacturers Association (JPMA).

"We are very pleased to announce the expansion of Nocopi's ink and printing technologies for use by the Restaurant Industry," said Dr. Feinstein. "We look forward to an exciting and innovative working relationship with the owners of the industry-leading Classy Kid brand."

"Family Hospitality looks forward to offering our restaurant customers Nocopi's revolutionary Rub-it & Color technology. This strong addition to our product line fits perfectly with our innovative selection of products. Our child accommodation products for restaurants are designed to make mealtimes tidy, easy on parents and fun for kids," said A.J. Mesalic, General Manager of Family Hospitality LLC. He adds, "Restaurant owners can expect families to come back 72% more often when the staff proves they care about families by making our products available."

Nocopi Technologies, Inc. is a company with proven secure ink technologies to protect products, documents and information. We also develop and market specialty reactive ink technologies that have applications in the large Entertainment and Toy market, including children's activity products such as a coloring book without crayons. This technology is named Rub-it & Color and consists of special patented inks that will result in a large variety of colors when activated through rubbing with fingers or a firm object. Our Rub-it & Color technology has been licensed to two proven children's book and activity kit publishers and has been in retail stores nationwide since January 2007 under the name Rub-n-Color. We actively pursue new ink technologies with our constant Research and Development efforts to effectively provide additional products that provide fun to children of all ages and for the security market.

FORWARD-LOOKING INFORMATION

The foregoing contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Such forward-looking statements involve certain risks and uncertainties. Actual results may differ materially from such forward-looking statements (a summary of which may be found in the Company's Annual Report on Form 10-KSB for the year ended December 31, 2007 and its Quarterly Report on Form 10-Q for the quarter ended June 30, 2008 under the caption "Risk Factors"). The Company does not undertake to publicly update or revise its forward-looking statements even if experience or further changes make it clear that any projected results (expressed or implied) will not be realized.

Contact: Rudolph Lutterschmidt, Chief Financial Officer, Nocopi Technologies, Inc., (610) 834-9600

Source: Nocopi Technologies, Inc.

WHAT DID ATTENDEES AT THE NATIONAL RESTAURANT ASSOCIATION’S SHOW HAVE TO SAY ABOUT NOCOPI’S REVOLUTIONARY RUB-IT & COLOR PRODUCTS?

See Entertainment Section of the Website to learn more

 
 
bottom left background
© 2008 Nocopi Technologies, Inc. All Rights reserved.
bottom right footer