Industrial Nanotech, Inc. Maintains Four Year Record of Triple Digit Year Over Year Revenue Growth Rate Into Fifth Year Despite

  
    
  
  
    
      Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global leader 
      in nanotechnology, announced today that the Company continues to 
      maintain its consistent record of triple digit revenue growth despite 
      the current economic conditions.
    
    
      “This year to date, the Company’s 
      annual year over year revenue increase is 174%,” 
      states Stuart Burchill, CEO/CTO of Industrial Nanotech, Inc. “The 
      average annual year over year revenue growth from 2004 through 2007 is 
      184%. Our original business model of creating a worldwide presence in 
      multiple diverse market sectors to create a consistently increasing 
      revenue stream which supports the Company’s 
      infrastructure necessary for the execution of the longer closing cycle 
      projects like our deals with Petrobras has proven to be sound.”
    
    
      Mr. Burchill continues, “Our longer closing 
      cycle major projects continue to move towards fulfillment. In fact, we 
      just completed a week and a half of meetings with a team from Petrobras’ 
      headquarters at our laboratory in NJ, the results of the meetings were 
      positive, and we will be providing an update to this project as soon as 
      we receive confirmation of several items the Petrobras team needed to 
      discuss with their associates upon their return to Rio de Janeiro, 
      Brazil, including their positive assessment of the performance 
      characteristics of our new Nansulate EPX.”
    
    
      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. Nansulate(R) EPX is the Company's newest addition 
      to their patented 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-4 is a water-based 
      epoxy system that combines superior thermal insulation with excellent 
      corrosion protection, chemical resistance, and flame resistance, making 
      it a unique and powerful protective coating for a wide variety of 
      industrial and commercial plant, equipment, and building applications. 
      The coating can be applied from 1/8" thick to several inches thick. 
      Additional information is available at www.Nansulate.com.
    
    
      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.