Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > Industrial Nanotech, Inc. Announces New International Supply Chain Expansion, Severs Relationship with Mercatus and Partners, Ltd.

Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global leader in nanotechnology, announced today that the Company has severed its relationship with Mercatus & Partners Group, of Rome, Italy as joint venture partners for a manufacturing facility in Italy and is moving to expand the Company's supply chain for Europe, the Middle East, and Asia with manufacturing in Budapest, Hungary and a fulfillment center in Shanghai, China.

Industrial Nanotech, Inc. Announces New International Supply Chain Expansion, Severs Relationship with Mercatus and Partners, Ltd.

NAPLES, FL | Posted on October 15th, 2007

Stuart Burchill, CEO of Industrial Nanotech, Inc., states, "The relationship with Mercatus & Partners Group was not productive or suitable for Industrial Nanotech, Inc. and we have terminated the relationship. However, pending deals make it a priority that we ramp up our ability to provide large quantities of product on a regular basis to Europe, the Middle East, and China. We are currently in negotiations with a facility in Budapest, where one of our key coating scientists maintains professional relationships sufficient to provide day to day quality control monitoring, to provide our Company with manufacturing capabilities and we plan to utilize the services of a fulfillment center in Shanghai. This strategy represents the most cost effective way to implement an efficient supply chain to meet our needs in these regions and without a major capital expenditure and with consideration for the protection of our valuable intellectual property."


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 and .

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 encapsulation 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

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

Martin E. Janis & Company, Inc.
Media Inquiries
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.

Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press


KaSAM-2016: International Conference on Material Sciences has successfully concluded in Pokhara of Western Nepal October 24th, 2016

Move over, solar: The next big renewable energy source could be at our feet October 20th, 2016

Smashing metallic cubes toughens them up: Rice University scientists fire micro-cubes at target to change their nanoscale structures October 20th, 2016

Study explains strength gap between graphene, carbon fiber: Rice University researchers simulate defects in popular fiber, suggest ways to improve it October 19th, 2016


The molecular mechanism that blocks membrane receptors has been identified: The work in which the Ikerbasque researcher of the Biofisika Institute Xabier Contreras has participated has been published in the journal Cell October 27th, 2016

How nanoscience will improve our health and lives in the coming years: Targeted medicine deliveries and increased energy efficiency are just two of many ways October 26th, 2016

Chad Mirkin receives nanotechnology prize in Russia October 26th, 2016

Imaging where cancer drugs go in the body could improve treatment October 26th, 2016

Alliances/Trade associations/Partnerships/Distributorships

Mechanism for sodium storage in 2-D material: Tin selenide is an effective host for storing sodium ions, making it a promising material for sodium ion batteries October 27th, 2016

Enterprise In Space Partners with Sketchfab and 3D Hubs for NewSpace Education October 13th, 2016

Arrowhead and Spring Bank Announce Clinical Collaboration for ARC-520 and SB 9200 in Chronic Hepatitis B October 6th, 2016

STMicroelectronics’ Semiconductor Chips Contribute to Connected Toothbrush from Oral-B That Sees What You Don’t: Microcontroller and Accelerometer help brushers clean their teeth more effectively October 4th, 2016

The latest news from around the world, FREE

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

Nanotechnology Now Featured Books


The Hunger Project