Industrial Nanotech (PK) (USOTC:INTK)
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From Nov 2019 to Nov 2024
Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global leader
in nanotechnology, today announced that the Company will be entering the
commercial roof insulation market through the development of a
lightweight thermal insulation tile for a major commercial roofing
company.
“We recently received a request to supply a
product which can be integrated into current standard commercial roofing
materials,” stated Stuart Burchill, CEO/CTO of
Industrial Nanotech, Inc. “This is a product
line we have been working on for several years and we are quite
confident that we can integrate our current capabilities into products
that are Energy Star qualified and will be widely used on the roofs of
warehouses, manufacturing facilities, office buildings, and public
facilities. In addition, we have started establishing distribution
channels, the first of which includes a well established commercial
roofing contractor doing high volume, large scale projects. We
anticipate that this market will quickly come to represent one of the
largest revenue streams for Industrial Nanotech, Inc.”
The roofing market in the US was a $12.7 billion in 2006 and global
demand for roofing materials is estimated to grow to $54 billion by
2010. Rising energy costs have made energy efficient roofing materials a
priority in both new construction and re-roofing projects.
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, and resistance to mold growth 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.