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Home > Press > Industrial Nanotech, Inc. Experiences Rapid Expansion of Global Distribution Network

Abstract:
Increased Energy Costs and Global Economic Concerns Fuel Increased Interest in Company's Energy Saving Products Worldwide

Industrial Nanotech, Inc. Experiences Rapid Expansion of Global Distribution Network

NAPLES, FL | Posted on January 23rd, 2008

Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global leader in nanotechnology, announced that the Company's patented Nansulate® energy saving protective coatings are now sold in 33 countries and applicants for Exclusive Distributor status are currently under review for the countries of Russia, India, Sweden, Brunei, Bulgaria, Romania, and Korea. Negotiations for placement of the Company's products in retail stores are underway in the US, New Zealand, Canada, and Europe.

"We are experiencing a dramatic increase in the number of companies purchasing and applying to purchase the distribution rights for our products in countries around the world. This is no small vote of confidence on their part since they are required to submit an application and, if approved, make a significant financial commitment and agree to quotas based on population and economic factors," stated Francesca Crolley V.P. of Operations & Marketing. "The exponential increase in awareness of our Company and its products has resulted in competition for the right to sell our products in several countries. We believe that this is an excellent indication that we are well positioned to prosper in this rapidly changing economic climate where saving energy, reducing carbon emissions, and saving money have become a significant priority to individuals and corporations globally. The very real and substantial financial return on initial investment that the application of our Nansulate product line produces for both homeowners and heavy industry is well documented."

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.

####

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.

For more information, please click here

Contacts:
For Industrial Nanotech Inc., Naples
Investor Relations:
The Cervelle Group, LLC
Rob Karbowsky, 407-475-9966 ext. 227

or
Media Inquiries:
The Cervelle Group, LLC
Tina Kuhn, 407-475-9966

Copyright © Business Wire 2008

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