Stockholders of Nocopi Technologies, Inc. Elect New Board of Directors / New Board Elects Michael Feinstein as Chairman

West Conshohocken, Pa. (PROTEXT) - Nocopi Technologies, Inc.(OTC Bulletin Board: NNUP) today announced that its stockholderselected a new board of directors at the Company's Annual Meetingon December 15, 1999. Based on preliminary results of the votingannounced at the Annual Meeting, the stockholders elected MichaelFeinstein, Arshavir Gundjian, Richard Levitt, Waldemar Maya, Jr.,Steven Pinsk and Joel Pinsky to serve as directors until the nextannual meeting of the Company's stockholders. The finaltabulation of the election results are expected to be availablewithin one week to ten days. Of the directors elected, all except for Mr. Gundjian werenominated by the Nocopi Committee To Maximize Our Return onEquity (NoMore), a stockholders committee formed by MichaelFeinstein and others to replace the Company's former board ofdirectors whose leadership of the Company was perceived to beineffective. At a meeting of the Board of Directors held immediately afterthe stockholders meeting, the new Board of Directors electedMichael Feinstein to serve as the Company's Chairman. Mr.Feinstein said, "The election results confirm NoMore's beliefthat the Company's stockholders wanted fundamental change in theway the Company is managed. The Company's new board of directorsis committed to improving the Company's results and enhancingstockholder value. It will act quickly to assess the Company'sstrengths and weaknesses and to determine a new direction for theCompany. In the near term, it will cut operating costs whereverpossible in order to preserve the Company's resources during thenecessary period of assessment." Nocopi Technologies, Inc. was founded in 1984 and is based inWest Conshohocken, Pennsylvania. The Company is engaged in thebusiness of developing solutions against counterfeiting, productdiversion, document security and authentication via patentedtechnologies including invisible ink and reactive thread. FORWARD-LOOKING INFORMATION The foregoing contains forward-looking information within themeaning of The Private Securities Litigation Act of 1995. Suchforward-looking statements involve certain risks anduncertainties. Actual results may differ materially from suchforward-looking statements (a summary of which may be found inthe Company's Annual Report on Form 10-KSB for the year endedDecember 31, 1998 under the caption "Risk Factors"). The Companydoes not undertake to publicly update or revise its forward-looking statements even if experience or future changes make itclear that any projected results (expressed or implied) will notbe realized. ots Original Text Service: Nocopi Technologies,Inc. Internet: http://www.newsaktuell.de Contact: Rudolph A.Lutterschmidt of Nocopi Technologies (USA) 610-834-9600 Website: http://www.nocopi.com

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