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INTK Industrial Nanotech Inc (PK)

0.000001
0.00 (0.00%)
30 Jul 2024 - Closed
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 0.0001 0.0002 0.0001 0.000001 0.000001 2,535,000 18:53:50

Industrial Nanotech, Inc. Announces Use of Nansulate® Energy Saving Coatings for Two Luxury Apartment Projects

18/06/2009 1:00pm

Business Wire


Industrial Nanotech (PK) (USOTC:INTK)
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Industrial Nanotech, Inc. (Pink Sheets:INTK) announced today that the Company’s Nansulate® Translucent GP thermal insulation and mold resistant coating is being used in two Turkish luxury apartment complexes to provide increased thermal insulation and energy savings, as well as mold and mildew resistance. The Company’s exclusive distributor in Turkey, Kolorgen Ltd, secured both projects. This represents an important expansion of their business from industrial energy saving projects into sustainable building applications.

“Nansulate® technology offers an effective and affordable way to increase energy efficiency, air quality and comfort for all types of buildings,” stated Francesca Crolley V.P. Operations & Marketing, Industrial Nanotech, Inc. “Dr. Vedat Bilgin of Kolorgen has successfully secured many projects in a number of industrial applications over the years and is now aggressively moving into sustainable energy efficient building upgrades for residential and office complexes.”

The first project involves an apartment building in an affluent area of Istanbul, Turkey. The coating was applied to the exterior of the building to provide thermal insulation, UV resistance and resistance to mold growth. The coating is low VOC providing an ecologically friendly exterior protective coating that allows the look of the building to remain unchanged.

The second apartment project is in a region where the altitude is the highest in Istanbul. The buildings are facing winds from all sides, all year round. Because they are open to high winds, the energy consumption is very high. The complete site consists of several hundred buildings and, in this case, Nansulate® Translucent GP will be used on the interior of the units.

Photos of these applications and others can be found at www.nansulate.com/green_projects.htm.

About Nansulate®

Nansulate® 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® Product Line includes industrial, residential, architectural, 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 emerging as 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.

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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