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INTK Industrial Nanotech Inc (PK)

0.000001
0.00 (0.00%)
Last Updated: 14:01:23
Delayed by 15 minutes
Share Name Share Symbol Market Type
Industrial Nanotech Inc (PK) USOTC:INTK OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.000001 0.000001 0.0001 0.000001 0.000001 0.000001 5,000 14:01:23

Borealis Energy Services Releases Results of Study on Use of Industrial Nanotech, Inc.'s Patented Nansulate® Insulation Coat...

05/10/2009 1:00pm

Business Wire


Industrial Nanotech (PK) (USOTC:INTK)
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Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global leader in nanoscience solutions, today announced the company’s Alaskan distributor, Nanotech Energy Solutions, Inc., has received preliminary results from a study by Fairbanks based Borealis Energy Services on the performance of Nansulate® on steam pipes at surface temperatures of 303 deg F for both surface temperature reduction and reduction of heat loss. Preliminary results showed a 67 deg F temperature difference after applying the Company’s patented Nansulate® High Heat insulation and corrosion prevention coating on the pipes at the standard application of 3 coats, which equates to a final dry film thickness for the application of approximately 6/1000th of an inch. Borealis Energy, who has been researching the product since July, will be forwarding a final report on their results within 30 days.

“We received the preliminary results from Borealis Energy services owner, Jonathan Hall,” stated Steve Mroz, President of Nanotech Energy Solutions, Inc. “We were more than pleased with the preliminary report. Borealis has been researching the product since July. Their preliminary results state that the Nansulate will not only reduce energy costs and eliminate corrosion for their customers, but worker safety will also be improved. Multiple contracts, which were pending until the final results from Borealis were determined, are now moving forward. A detailed report on their conclusions will be delivered within 30 days.”

Borealis Energy Services is one of the region’s leading providers of energy and energy-related products and services. They provide energy-related services to commercial, institutional and industrial and users, and energy providers such as utilities, municipalities, cooperatives and aggregators.

About Nanotech Energy Solutions, Inc.:

Nanotech Energy Solutions, Inc. is the exclusive distributor for Nansulate® energy saving and asset protection coatings in Alaska. They provide product and services for industry, oil and gas, commercial and residential clients. Their mission is to provide solutions to rising energy and fuel costs in their state. For further information, please contact Nanotech Energy Solutions, Fairbanks, AK at 907-451-7825.

About Nansulate(R)

Nansulate(R) is the Company's patented product line of award winning, specialty coatings containing a nanotechnology based material and which are well-documented to provide the combined performance qualities of thermal insulation, corrosion prevention, resistance to mold growth, fire resistance, chemical resistance and lead encapsulation in an environmentally safe, water-based, coating formulation. The Nansulate(R) Product Line includes industrial, residential, agricultural and solar thermal insulation coatings. Additional information about the Company and its products can be found at their websites, (www.industrial-nanotech.com) and (www.nansulate.com). Blog: www.nansulate.com/nanoblog, Twitter: www.twitter.com/NanoPioneer.

About Industrial Nanotech Inc.

Industrial Nanotech Inc. is a global nanoscience solutions and research leader and member of the U.S. Greenbuilding Council and the American Solar Energy Society. The Company develops and commercializes new and innovative applications for nanotechnology which are sold worldwide.

Safe Harbor Statement

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

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