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ndustrial Nanotech, Inc., (Pink Sheets:INTK), an emerging global leader in nanotechnology, announced today that Stuart Burchill, the Company's CEO, has canceled his presentation at the China International Petroleum & Petrochemical Technology and Equipment Exhibition (CIPPE) on April 3rd, 2007. The Company had announced on March 14th that Mr. Burchill had been invited to give a speech at this convention and had accepted. The change in schedule is due to recent developments with major projects in the US and South America which the Company has been working on for several years.
"China is an important market for us and we recognize the significance of the region," states Mr. Burchill. "I regret that recent developments have postponed my plans to travel to China this week. However, I believe that my focus on crucial projects in the US and Latin America which are nearing the late stages of their development ahead of schedule will provide the most benefit to the company and its shareholders at this time. I look forward to visiting China in the near future."
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.
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For Industrial Nanotech, Inc., Naples
Martin E. Janis & Company, Inc.
Beverly Jedynak, President, 312-943-1100 ext. 12
Laura Grock, Vice President, 312-943-1100 ext. 13
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