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Home > Press > Investment News Alerts: nCoat (OTC BB: NCOA) Acquires JET-HOT(R) Coatings

Abstract:
NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IO Circuit.

Investment News Alerts: nCoat (OTC BB: NCOA) Acquires JET-HOT(R) Coatings

LAKE HARMONY, PA | Posted on June 20th, 2007

Today, nCoat, Inc. (OTCBB: NCOA) announced that it has successfully completed a strategic acquisition. nCoat is an emerging nanotechnology company focused on development and marketing of coatings applied to metal, ceramics, fabric, and other materials. Today it finalized an agreement to acquire Metallic Ceramic Coatings, also known under the brand of JET-HOT® Coatings. nCoat signed a stock purchase agreement to buy all capital stock in MCCI for $5 million cash and $1 million in nCoat common stock, or approximately one times projected 2007 revenue. "The acquisition of MCCI/ JET-HOT®, combined with High Performance Coatings, Inc. (HPC), our first acquisition in 2005, doubles our size and creates a highly competitive force in automotive, trucking and aerospace coatings," said Paul Clayson, CEO of nCoat. "We can now add nano-coatings to the product mix of MCCI/JET-HOT® and cross sell the best of the products of both companies. With the 25 years of market experience of HPC and the 27 years of market experience of JET-HOT®, nCoat now has a depth of engineering and technical expertise not previously known in this market."

For an in-depth analyst report, please visit:
http://www.insidewallstreetreport.com/NCOA_gen_062007.html

Other active stocks are Expedia (NASDAQ: EXPE), UAL Corporation (NASDAQ: UAUA) and Gentex Corporation (NASDAQ: GNTX).

Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A Third Party has hired and paid $530.00 for the publication and circulation of this report. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation do no trading of any kind and send No Faxes or emails.

####

For more information, please click here

Contacts:
C.P. Barry
Company: http://www.IOCircuit.com
Phone: 1.888.478.7669

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