Nanotechnology Now





Heifer International

Wikipedia Affiliate Button


DHgate

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

Conversion of Greenhouse Gases to Syngas in Presence of Nanocatalysts in Iran May 22nd, 2015

New Antibacterial Wound Dressing in Iran Can Display Replacement Time May 22nd, 2015

Haydale Named Lead Sponsor for Cambridge Graphene Festival May 22nd, 2015

Simulations predict flat liquid May 21st, 2015

Materials/Metamaterials

Haydale Named Lead Sponsor for Cambridge Graphene Festival May 22nd, 2015

Supercomputer unlocks secrets of plant cells to pave the way for more resilient crops: IBM partners with University of Melbourne and UQ May 21st, 2015

Researchers develop new way to manufacture nanofibers May 21st, 2015

Taking control of light emission: Researchers find a way of tuning light waves by pairing 2 exotic 2-D materials May 20th, 2015

Announcements

Conversion of Greenhouse Gases to Syngas in Presence of Nanocatalysts in Iran May 22nd, 2015

New Antibacterial Wound Dressing in Iran Can Display Replacement Time May 22nd, 2015

Haydale Named Lead Sponsor for Cambridge Graphene Festival May 22nd, 2015

INSIDDE: Uncovering the real history of art using a graphene scanner May 21st, 2015

Energy

Conversion of Greenhouse Gases to Syngas in Presence of Nanocatalysts in Iran May 22nd, 2015

Sandia researchers first to measure thermoelectric behavior by 'Tinkertoy' materials May 20th, 2015

Industrial Nanotech, Inc. Announces Official Launch of the Eagle Platinum Tile™ May 19th, 2015

FEI and Weatherford Enter Into Joint Agreement for Advanced Reservoir Characterization Services May 18th, 2015

Alliances/Partnerships/Distributorships

Samtec, Global Provider of Interconnect Systems, Joins IRT Nanoelec Silicon Photonics Program May 21st, 2015

SUNY Poly CNSE and NIOSH Launch Federal Nano Health and Safety Consortium: May 20th, 2015

Industrial Nanotech, Inc. Announces Official Launch of the Eagle Platinum Tile™ May 19th, 2015

DiATOME enables surface preparation for AFM and FIB May 19th, 2015

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