Industrial Nanotech (PK) (USOTC:INTK)
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Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global leader
in nanotechnology, today announced that the Company has released a
second addition to their patented revolutionary new water-based
Nansulate EPX line. EPX-K will offer the same outstanding corrosion and
chemical resistance as their EPX-4 product, with increased thermal
resistance and greater ease of application due to lower viscosity.
“This second unique epoxy product creates an
additional tremendous revenue opportunity for Industrial Nanotech, Inc.,”
stated Francesca Crolley, V.P. Of Operations & Marketing. “The
first product in the EPX line, EPX-4, provides an industry high thermal
insulation capability, with laboratory tests showing a K value of only
0.027 W/mK, combined with exceptional fire resistance, protection
against corrosion, and excellent chemical resistance. The demand for
this product has been immediate and substantial and we began shipping
product worldwide last week. The newest addition to the EPX product
line, EPX-K, offers an increase in thermal resistance and the same
corrosion protection and chemical resistance. The EPX-4 product will be
the one to use if fire resistance is a desired attribute, and EPX-K will
be the product of choice if a customer is looking for easier application
by brush instead of specialized spray equipment or trowel.”
Ms. Crolley continues, “This opens up markets
throughout areas of important, rapidly expanding regions of the world,
including India, China, and Brazil, where the need for a product like
this is high, but the access to industrial application equipment is more
limited in many areas. The recent substantial increase in the number of
inquiries and level of interest in our products from India was the
catalyst for the creation of this version of the EPX system technology.”
Nansulate(R) EPX is the Company's newest addition to their line of
nanotechnology-based coatings which has a four year track record of
providing energy and cost saving solutions for industry and homeowners
worldwide. Nansulate(R) EPX combines superior thermal insulating ability
with excellent corrosion resistance, chemical resistance, and flame
resistance in the EPX-4 version, making it a unique and powerful
protective coating for a wide variety of industrial and commercial
plant, equipment, and building applications. The EPX product line
presents a great value added proposition for industrial and OEM clients
with a fast cure time, revolutionary thermal insulation performance,
outstanding chemical resistance to both base and acid chemicals...
including 95% concentration sulfuric acid, and long-term protection
against metal corrosion in marine and deep sea environments. The coating
can be applied from 1/8" thick to several inches thick.”
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 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.