Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > Industrial Nanotech, Inc. Extends Distribution to African Markets

Abstract:
Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global leader in nanotechnology, announced today that it has awarded African distribution rights for its Nansulate® product line to Megaros Industrial Products.

Industrial Nanotech, Inc. Extends Distribution to African Markets

NAPLES, FL | Posted on September 5th, 2007

Since 1995, Maryland-based Megaros Industrial Products has cultivated a significant track record in the engineering, industrial products, and specifically in high tech coatings. Its projects include public works, including those in association with the Maryland Highway Administration.

"We are very excited to begin our alliance with Industrial Nanotech and feel their products can have a lasting impact in Africa. Our efforts will be focused on both the industrial and residential areas," said James Umekwe, President, Megaros Industrial Products, Inc. "We feel that Nansulate has great potential in industrial markets like oil & gas, petrochemical and manufacturing to decrease energy use, protect equipment and decrease carbon emissions. On the residential side, we look forward to introducing a product that provides an economical means to keep homes cooler, thus improving quality of life. We look to make Nansulate a household name, and, as our business grows, to offer employment and economic opportunities throughout Africa."

Industrial Nanotech and Megaros see areas of economic opportunity in many parts of Africa. For instance, Botswana and South Africa are two of Africa's most successful economies. South Africa has access to financial capital, numerous markets, skilled labor, and first world infrastructure in much of the country. Botswana's capital and largest city, Gaborone, is one of the world's fastest growing cities. Nigeria sits on one of the largest proven oil reserves in the world and has the highest population among nations in Africa, with one of the fastest-growing economies in the world.

"We welcome Megaros Industrial Products to our network of international distributors," states Francesca Crolley, VP of Operations and Marketing for Industrial Nanotech, Inc. "We are excited to enter the African market and see many opportunities for our nanotechnology-based coatings to provide energy savings, corrosion resistance, and improve health conditions by keeping buildings and dwellings cooler despite the common lack of air conditioning, as well as provide protection from mold growth and encapsulation of lead-based paints. We look forward to continued expansion in this region."

####

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 ).

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, and resistance to mold growth in an environmentally safe, water-based, coating formulation. The Nansulate(R) Product Line includes both industrial and residential coatings.

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.

For more information, please click here

Contacts:
For Industrial Nanotech Inc., Naples
Investor Relations:
Martin E. Janis & Company, Inc.
Beverly Jedynak, President
312-943-1100 ext. 12

or
Media Inquiries:
Martin E. Janis & Company, Inc.
Laura Grock, Vice President
312-943-1100 ext. 13

Copyright © Business Wire 2007

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

Materials/Metamaterials

Copper catalyst yields high efficiency CO2-to-fuels conversion: Berkeley Lab scientists discover critical role of nanoparticle transformation September 20th, 2017

New quantum phenomena in graphene superlattices September 18th, 2017

New insights into nanocrystal growth in liquid: Understanding process that creates complex crystals important for energy applications September 14th, 2017

Corrosion in real time: UCSB researchers get a nanoscale glimpse of crevice and pitting corrosion as it happens September 14th, 2017

Announcements

Application of air-sensitive semiconductors in nanoelectronics: 2-D semiconductor gallium selenide in encapsulated nanoelectronic devices September 22nd, 2017

Researchers set time limit for ultrafast perovskite solar cells September 22nd, 2017

DNA triggers shape-shifting in hydrogels, opening a new way to make 'soft robots' September 21st, 2017

Physicists develop new recipes for design of fast single-photon gun Physicists develop high-speed single-photon sources for quantum computers of the future September 21st, 2017

Alliances/Trade associations/Partnerships/Distributorships

GLOBALFOUNDRIES and Soitec Enter Into Long-term Supply Agreement on FD-SOI Wafers: Strategic milestone to help guarantee a secure, high-volume supply of FD-SOI technology September 20th, 2017

GLOBALFOUNDRIES Unveils Vision and Roadmap for Next-Generation 5G Applications: Technology platforms are uniquely positioned to enable a new era of ‘connected intelligence’ with the transition to 5G September 20th, 2017

Leti and Partners in PiezoMAT Project Develop New Fingerprint Technology for Highly Reliable Security and ID Applications: Ultra-high Resolution Pressure Sensing Uses Matrices of Vertical Piezoelectric Nanowire To Reconstruct the Smallest Features of Human Fingerprints September 5th, 2017

Phenom-World selects Deben to supply a tensile stage as an accessory to their range of desktop SEMs August 29th, 2017

NanoNews-Digest
The latest news from around the world, FREE



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project