Industrial Nanotech Enters Agricultural Market with Solution to Multibillion Dollar Crop Crisis

  
    
  
  
    
      Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global leader 
      in nanotechnology, announced today that the Company has launched a new 
      patented product for the agricultural market which has been proven to 
      provide a solution to the growing crisis that threatens 15 billion 
      dollars worth of crops in the US and billions more worldwide. Failure to 
      halt this decline has the potential to decimate agriculture and triple 
      food prices. Potential revenue to Industrial Nanotech for this product 
      is over 2.5 billion dollars US.
    
    
      “As reported in testimony to the US House of 
      Representatives about this crisis on 3/29/2007, in the United States 
      alone there are nearly 100 critical crop species, or one third of all 
      agriculture, that rely on annual pollination to produce a harvest,” 
      states Stuart Burchill, CEO/CTO of Industrial Nanotech. “No 
      pollination, no food. The primary pollinators worldwide are commercially 
      maintained honeybees. The problem is that bee colonies are dying and 
      have been decimated by 30 - 40 % since 2006 by what is called “colony 
      collapse disorder”, threatening the crops both 
      in the United States and around the world. Prior to our product, the 
      problem had remained unsolved.”
    
    
      Mr. Burchill continues, “Directly affected 
      crops include soybeans, almonds, peaches, apples, pears, cherries, 
      raspberries, blackberries, cranberries, watermelons, cantaloupes, 
      cucumbers, strawberries and many other fruits, vegetables, and nuts. 
      Additionally, both the beef and dairy industries are affected because 
      honeybees also pollinate the clover, hay, and other forage crops 
      necessary to feed cattle. There are over 3 million commercial bee hives 
      in the US, almost 9 million in Europe, and the total worldwide number of 
      commercial beehives is over 55 million.”
    
    
      The new product, Nansulate Bee Protect, is a protective coating 
      specifically for beehives which has proven effective at halting this 
      problem of bee loss in eight months of field trials conducted in 
      Tennessee, Hawaii, and Alabama and will now be marketed globally. The 
      product was field tested by Beehive Hawaii, LLC.
    
    
      “We have been working with Beehive Hawaii 
      since the spring of this year regarding a coating that would help 
      protect bees in their hives,” explained 
      Francesca Crolley, V.P. of Operations & Marketing for Industrial 
      Nanotech, Inc. “Field trials with their own 
      hives in multiple locations has indicated that our product has provided 
      a successful solution for the colony collapse disorder which has been a 
      crucial issue in the bee industry worldwide. Their successful results 
      and commitment to helping us understand this important industry were 
      instrumental in our decision to launch this new product, which is called 
      Bee Protect. The product is available directly from Industrial Nanotech 
      at www.nansulate.com/protectbees.htm, 
      or through Beehive Hawaii, who will serve as our exclusive distributor 
      and representative to the industry.”
    
    
      “For our bees, change had to begin at home,” 
      said Antonie Botes, President of Beehive Hawaii. “You 
      can relocate to an ecofriendly environment, change their nutritional 
      resources and manage them the best way possible, but at the end of the 
      day you have to improve their hives.” He 
      stated that the screen bottom board was the only real change in the 
      Beekeeping Industry since Langstroth introduced his hive in 1851.
    
    
      Mr. Botes continued, “It is time for a 
      revolution in the industry. That is why we are so excited about the 
      results we are having with Bee Protect.”
    
    
      Beehive Hawaii is working with world renowned researchers in the bee 
      industry, technically known as apiculture, to study the results of Bee 
      Protect. Scientific Beekeeping, Pennsylvania State University, and Bee 
      Research Technology are some of the parties involved in the research.
    
    
      “We at Beehive Hawaii want to express our 
      gratitude for the Industrial Nanotech team and their work on this 
      project. We believe it is making a significant difference,” 
      said Renette Botes, vice president of Beehive Hawaii.
    
    
      About Beehive Hawaii, LLC
    
    
      Beehive Hawaii, LLC was founded with the sole purpose of replacing the 
      declining population of the world’s honey 
      bees. They run disease free apiaries in secluded environmental breeding 
      grounds and produce and ship complete hive colonies. All beehives now 
      shipped by Beehive Hawaii, Inc. are pre-coated with Nansulate Bee 
      Protect. For more information visit www.BeehiveHawaii.com.
    
    
      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, and lead 
      encapsulation in an environmentally safe, water-based, coating 
      formulation. The Nansulate(R) Product Line includes both industrial and 
      residential coatings.
    
    
      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, (http://www.industrial-nanotech.com) 
      and (http://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.