Industrial Nanotech, Inc. Begins Shipment of Million Dollar Order to Distributor in Turkey

  
    
  
  
    
      Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global leader 
      in nanotechnology, today announced the shipment this week of the first 
      of ten containers of the Company’s patented 
      Nansulate energy saving protective coatings to Kolorgen, Ltd, the Company’s 
      distributor in Turkey. The product is being applied at the Denizli Basma 
      ve Boya Sanayii a.s. (DEBA) textile plant to reduce energy consumption 
      and protect against corrosion of equipment in their textile facility, 
      one of the region’s largest. The order will 
      continue to be shipped and paid for at a rate of one sea container per 
      month for the next ten months and the total order constitutes 
      $1,071,000.00 US in revenue to Industrial Nanotech, Inc.
    
    
      Dr. Bilgin, President of Kolorgen Ltd, said, “At 
      DEBA, the energy savings is calculated to be a minimum of $1,000,000 USD 
      per year. Nansulate is definitely a revolutionary product and with the 
      current energy problems all over the world, it is the product to be used 
      everywhere possible.”
    
    
      Previous applications of Nansulate to textile mills have been documented 
      to produce significant measurable energy savings. Examples are:
    
    
      Henateks, a large textile company, used Nansulate® 
      High Heat insulation and corrosion prevention coating on its equipment. 
      The application was completed by April 2007 and the total decrease in 
      natural gas costs for 2007 was 15.5%, which equated to a savings of more 
      than $600,000 USD for this facility. Now that the application is 
      complete, total energy savings is expected to be at least 20% annually. 
      The cost of the product and application paid for itself in seven months.
    
    
      Keyteks Tekstil, another textile mill, used Nansulate® 
      High Heat on their heat exchangers and dyeing machines. This resulted in 
      a reduction by 25% in the amount of time used to heat three tons of 
      water, a process that the exchangers cycle through several times daily. 
      The reduction in cycle time provided increased productivity. This 
      facility achieved a minimum of 20% reduction in energy use throughout 
      2007 and 10% reduction in unit material production cost. Nansulate® 
      also improved dye lot reproducibility (consistency in the color of the 
      dyed fabric) by increasing the equipment temperature stability.
    
    
      “Our relentless step by step strategy of 
      creating a sales platform worldwide through our distributors and 
      independent representatives, combined with consistent contacts with the 
      media to educate the marketplace, continues to pay big dividends in 
      terms of the consistency of exponential revenue growth for the past four 
      years,” states Francesca Crolley, VP of 
      Operations and Marketing. “We look forward to 
      continuing this track record and providing real benefits for our 
      customers and our shareholders.”
    
    
      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.