Applied Nanotech Holdings, Inc. Announces October 8 Conference Call

Market Wire, September, 2008

Applied Nanotech Holdings, Inc. (OTCBB: APNT) has set a date of October 8, 2008 at 10:00 a.m. C.D.T. for its investor conference call and webcast. The purpose of the call is to provide a comprehensive review of the current status of the business, as well as discuss the future outlook. Specific details related to the call in number and web address will be provided at a future date and will also be available on our website.

The review will include, among other things, a discussion of increased private research funding and expanding opportunities in the areas of technical inks and composite materials, as well as new and pending government contracts applicable to these and other areas. In addition, there will be an update on existing license agreements and near-term licensing opportunities.

Investors are invited to e-mail questions or suggested topics to Doug Baker at dbaker@appliednanotech.net .

"In the past few days, we have received purchase orders or notices of intent to award contracts for four separate projects in three key areas of our business. These awards contribute significantly to our backlog and affirm that we are moving in the correct strategic direction," said Tom Bijou, CEO and Chairman of Applied Nanotech. "With over $1.0 million of new research contracts being added, our revenue backlog is close to our historical high and we believe that several of these programs have the opportunity for further expansion during the early months of implementation."

ABOUT APPLIED NANOTECH HOLDINGS, INC.

Applied Nanotech Holdings, Inc. is a premier research and commercialization organization dedicated to developing applications for nanotechnology with an extremely strong position in the fields of electron emission applications from carbon film/nanotubes, sensors, functionalized nanomaterials, and nanoelectronics. It also possesses investments related to electronic digitized sign technology. ANI has over 250 patents or patents pending. Its business model is to license its technology to partners that will manufacture and distribute products using the technology. ANI's website is www.appliednanotech.net .

SAFE HARBOR STATEMENT

This press 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, 2007, 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 Email Contact MEDIA CONTACT William J. Spina 781.378.2000 Email Contact