Industrial Nanotech (PK) (USOTC:INTK)
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Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global leader
in nanotechnology, announced today that the Company has begun filling
orders for their new Nansulate® EPX product, a
patented material with industry leading thermal resistance, corrosion
prevention, chemical resistance, and flame resistance.
"We ship our first orders of Nansulate EPX to customers in Italy,
Turkey, New Zealand, Vietnam, and the United States on Wednesday, July 9th,
and we are filling the rest of the standing orders for this
revolutionary new product over the next ten days,”
stated Francesca Crolley, V.P. Of Operations & Marketing. “We
expected high demand for Nansulate EPX and our initial orders have
confirmed that expectation. In addition to filling orders, we are
building an inventory to satisfy incoming purchase orders anticipated
from the additional forty companies that have requested notification
when we start shipping so they can place orders. The level of excitement
about the performance capabilities of this one-of-a-kind product has
been extraordinary. It offers a great solution to major problems faced
by many industries worldwide, lowering energy costs and protecting plant
and equipment."
Nansulate EPX first debuted at the 25th
International Textile Machinery Fair held in Istanbul May 2008 where it
was demonstrated by the Company's Turkish distributor, Kolorgen Ltd.
"At the exhibition, people were amazed to see a 140 C (252 F)
temperature difference with just a 6 millimeter thickness of EPX,"
explained Dr. Vedat Bilgin of Kolorgen Ltd. "The hot plate temperature
was 200 C (392 F) and the surface temperature of the thin metal panel
coated with Nansulate EPX and placed on it was less than 60 C (140 F).
The performance of EPX is beyond belief! The higher temperature
stability of EPX opens up higher temperature using markets such as
glass, ceramic, cement, petrochemicals, etc.”
Dr. Bilgin continued, “Since the exhibition,
companies from all over Europe, the Middle East, and Asia have been
calling me, some every day, asking when the product will be available.”
About Nansulate(R)
Nansulate(R) is the Company's patented product line of 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, lead
encapsulation, chemical resistance, and fire resistance in an
environmentally safe, water-based, coating formulation. The Nansulate(R)
Product Line includes both industrial and residential coatings.
Nansulate EPX has an industry high thermal insulation capability
combined with exceptional fire resistance and excellent chemical and
corrosion resistance. Nansulate EPX also provides the ability to be
applied from one eighth inch thick to several inches thick, a rapid cure
time, durability in severe service environments, and is a strong, very
light weight, easy-to-apply material.
About Industrial Nanotech Inc.
Industrial Nanotech Inc. is quickly emerging as a global nanoscience
solutions and research leader. The Company develops and commercializes
new and innovative applications for nanotechnology. Additional
information about the Company and its products can be found at their
websites, www.industrial-nanotech.com,
www.nansulate.com.
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.