Home > Press > Industrial Nanotech, Inc. Expands International Sales Success with New Representatives
Abstract:
Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global leader in nanotechnology, announced today that the Company has secured representation for its patented nanotechnology-based Nansulate® product line in three new important countries.
Industrial Nanotech, Inc. Expands International Sales Success with New Representatives
NAPLES, FL | Posted on September 20th, 2007
The Company has awarded exclusive distribution rights for Ireland to its former Independent Sales Agent, Eric McGuirk. Additionally, the Company has accepted A.K. Chatterjee in India and Sun Wall Company, Ltd. in Taiwan as Independent Sales Agents.
"These newest representatives for the Industrial Nanotech family of products are part of our continued aggressive strategic geographic expansion around the globe," states Francesca Crolley, VP of Operations and Marketing for Industrial Nanotech, Inc. "Our international sales have experienced a growth rate of 150 percent in the past 12 month period compared to the previous comparable period and we anticipate continuing our current growth strategy of increased international distribution."
"As an example, Ireland has a proven need and interest in our products. Mr. McGuirk's early success under our non-exclusive Independent Sales Agent status in the region was the catalyst for his decision to purchase the exclusive distributorship for Ireland. Both India and Taiwan are rapidly growing countries looking for new and effective ways to reduce energy costs and carbon emissions. We look forward to the anticipated success of our two newest Independent Sales Agents serving these regions," continues Ms. Crolley.
Eric McGuirk, based in Dublin, Ireland states, "Since I started working as an independent sales representative for Industrial Nanotech, every sale I have made has filled me with the pride and knowledge that our product is going to make a huge difference to that customer. Now that I'm moving to Exclusive Distributor status, I would like to thank everyone in Industrial Nanotech for affording me the opportunity to make that difference on a larger scale. We all have a great sense of pride for what we are involved in."
Ireland has the second highest per capita income of any country in the EU next to Luxembourg, and fourth highest in the world based on measurements of Gross Domestic Product (GDP) per capita. The economy of India is the third largest in the world as measured by purchasing power parity (PPP). India is the second fastest growing major economy in the world, with a GDP growth rate of 9.4% for the fiscal year 2006-2007. Taiwan has a dynamic capitalist economy with real growth in GDP that has averaged about 8% during the past three decades. Major increases in residential and commercial construction projects in these countries are leading to demands for the latest energy efficient materials and technology.
####
About Industrial Nanotech, Inc.
Industrial Nanotech Inc. is rapidly 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, resistance to mold growth, and lead abatement 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:
Materials
Working backward: Computer-aided design of zeolite templates: Rice scientists apply drug-design lessons to production of industrial minerals June 17th, 2013
Discover the ‘Nanostructure Advantage’ at ECerS 2013, Booth 5: Innovnano presents nanostructured powders for high performance ceramics June 17th, 2013
Discovery of new material state counterintuitive to laws of physics June 14th, 2013
Ceramics in Paper Manufacturing including Advanced and Nano Materials: Author- Dr. Mahendra Patel, 420 pages; 32 chapters, Publ.2013 June 12th, 2013
Announcements
Sound waves precisely position nanowires June 19th, 2013
Scientists Use Nanotechnology to Increase Thermal Stability of Essential Oils June 19th, 2013
Production of Bioactive Material for Quick Treatment of Bone Damages June 19th, 2013
Nanometrics Announces Participation in 5th Annual CEO Investor Summit: Accredited Investor and Publishing Research Analyst Event to be Held Concurrently With SEMICON West and Intersolar 2013 in San Francisco June 19th, 2013
Alliances/Partnerships/Distributorships
Imec presents 4K2K CMOS image sensor together with Panasonic: The co-developed imager sensor chip targets high speed, high resolution imaging applications such as next generation HDTV June 18th, 2013
European Technology Platform for Nanomedicine and Nanomed2020 European Consortium Launch the Nanomedicine Award June 17th, 2013
SEMATECH to Address Critical Supply Chain Challenges and Present Latest Technology Advances at SEMICON West 2013 June 17th, 2013
SEMATECH Names William R. Rozich Chairman of the Board June 13th, 2013