Industrial Nanotech (PK) (USOTC:INTK)
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Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global leader
in nanotechnology, announced today that a fourth NASCAR race team has
purchased the Company's patented nanotechnology based coating, NanoBoost™,
for use on race cars to control heat transfer and improve performance.
“NanoBoost™ is fast
becoming a NASCAR standard,” states Francesca
Crolley, VP of Operations and Marketing for Industrial Nanotech, Inc. “We
recently shipped product to our fourth NASCAR team customer and are
pleased to see the product continuing to help performance through
control of heat transfer for these teams.”
NanoBoost is one of the products in the Company’s
nanotechnology-based Nansulate product line. It has been successfully
used by NASCAR races teams and the Ford V8 Supercar team, Betta
Electrical, since 2005.
Ms. Crolley continues, “As gas prices continue
to climb, we have also seen an increase in consumer sales of NanoBoost
as people look for ways to improve the gas mileage of their vehicles.
Our coating provides them a very affordable way to control heat
transfer, thus increasing auto performance and reducing fuel
consumption. Industrial Nanotech offers a complete line of unique and
innovative energy saving products, including Nansulate and NanoBoost,
for industry and consumers at a time when energy and oil prices are a
critical issue in the world and the Company is well positioned to
continue the exponential revenue growth rate we have experienced over
the last four years.”
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, lead
encapsulation, chemical resistance, and fire resistance in an
environmentally safe, water-based, coating formulation. The Nansulate(R)
Product Line includes industrial, residential, and automotive parts
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.