Nanotechnology Now

Our NanoNews Digest Sponsors


Heifer International

Wikipedia Affiliate Button

Home > Press > Industrial Nanotech, Inc. Announces Expansion into South Africa - Expects Electricity Crisis to Create Opportunities for Nansulate®

Abstract:
Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global leader in nanotechnology, announced today that the Company's exclusive African distributor, Megaros Industrial Products, has expanded its presence on the African Continent by signing an agreement with Copper Sunset Trading 440 Pty Ltd of Johannesburg to represent the Company's patented Nansulate® energy saving coatings in the country of South Africa.

Industrial Nanotech, Inc. Announces Expansion into South Africa - Expects Electricity Crisis to Create Opportunities for Nansulate®

NAPLES, FL | Posted on February 14th, 2008

"The appointment of Copper Sunset Trading to represent Nansulate in South Africa will open new markets in this region where energy conservation has become a top priority," stated Francesca Crolley, V.P. Operations & Marketing. "South Africa recently announced rationing of electricity in order to ease power outages that have negatively affected both businesses and neighborhoods, so this is an area where Nansulate coatings can make an immediate impact by reducing energy consumption. We are pleased to have this opportunity to assist in the region's economic growth and establishment of an environmentally safe infrastructure and improved living environment."

The rationing of electricity has affected many large companies in the regions. In January 2008, South Africa's major gold mining companies suspended operations over safety concerns after the state-owned power company, Eskom, advised it could not guarantee electrical power at the mines. The world's largest platinum mine also suspended operations. In addition, Africa's largest steel producer ArcelorMittal South Africa announced that power interruption could cause production disruptions and possible rationings. Eskom has also cut exports of electricity to neighboring countries, such as Botswana and Namibia. The government plans to invest some $40 billion in the construction of new power plants over the next five years.

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

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

News and information

New remote-controlled microrobots for medical operations July 23rd, 2016

New superconducting coil improves MRI performance: UH-led research offers higher resolution, shorter scan time July 23rd, 2016

New probe developed for improved high resolution measurement of brain temperature: Improved accuracy could allow researchers to measure brain temperature in times of trauma when small deviations in temperature can lead to additional brain injury July 23rd, 2016

Quantum drag:University of Iowa physicist says current in one iron magnetic sheet can create quantized spin waves in another, separate sheet July 22nd, 2016

Materials/Metamaterials

New reaction for the synthesis of nanostructures July 21st, 2016

Research team led by NUS scientists develop plastic flexible magnetic memory device: Novel technique to implant high-performance magnetic memory chip on a flexible plastic surface without compromising performance July 21st, 2016

Researchers discover key mechanism for producing solar cells: Better understanding of perovskite solar cells could boost widespread use July 21st, 2016

Graphene photodetectors: Thinking outside the 2-D box July 21st, 2016

Announcements

New remote-controlled microrobots for medical operations July 23rd, 2016

New superconducting coil improves MRI performance: UH-led research offers higher resolution, shorter scan time July 23rd, 2016

New probe developed for improved high resolution measurement of brain temperature: Improved accuracy could allow researchers to measure brain temperature in times of trauma when small deviations in temperature can lead to additional brain injury July 23rd, 2016

Quantum drag:University of Iowa physicist says current in one iron magnetic sheet can create quantized spin waves in another, separate sheet July 22nd, 2016

Energy

Researchers discover key mechanism for producing solar cells: Better understanding of perovskite solar cells could boost widespread use July 21st, 2016

The future of perovskite solar cells has just got brighter -- come rain or shine: Korean researchers at POSTECH have succeeded in developing high-efficiency perovskite solar cells that retain excellent performance over two months in a very humid condition July 21st, 2016

Scientists develop way to upsize nanostructures into light, flexible 3-D printed materials: Virginia Tech, Livermore National Lab researchers develop hierarchical 3-D printed metallic materials July 20th, 2016

Rice's 'antenna-reactor' catalysts offer best of both worlds: Technology marries light-harvesting nanoantennas to high-reaction-rate catalysts July 18th, 2016

Alliances/Trade associations/Partnerships/Distributorships

Leti and Korea Institute of Science and Technology to Explore Collaboration on Advanced Technologies for Digital Era July 14th, 2016

Nanosystem and Digital Surf launch NanoMap Alpha: New surface imaging & metrology software based on Mountains® Technology July 14th, 2016

FEI and King Abdullah University of Science and Technology Establish New Electron Microscopy ‘Centre of Excellence’: Centre of Excellence involves materials and life sciences research and technical collaboration July 5th, 2016

FEI and University of Liverpool Announce QEMSCAN Research Initiative: University of Liverpool will utilize FEI’s QEMSCAN technology to gain a better insight into oil and gas reserves & potentially change the approach to evaluating them June 22nd, 2016

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







Car Brands
Buy website traffic