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Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global leader in nanotechnology, announced today that the Company's patented Nansulate energy saving protective coatings are now approved under the stringent EU building codes. The approval certification for building construction standards in the European Union was obtained by the Company's distributor for Italy and Spain, Aktarus Group, based in Milan, Italy.
"This is a significant milestone for Industrial Nanotech in the European building insulation market," stated Francesca Crolley, V.P. of Operations and Marketing. "Nansulate has proven its effectiveness and gained market share in the EU in the industrial and ‘do-it-yourself' homeowner markets for the last four years. This certification will open many doors for its use throughout Europe in the burgeoning market of commercial and residential building insulation. Energy conservation through the efficient use of resources has become a priority for governments across Europe. Energy prices continue to soar and governments are putting in place standards and guidelines to compel limitation of energy consumption. Hence, the government, builders, and consumers are demanding more efficient thermal insulation materials for buildings and our Nansulate products offer them that solution."
Nansulate was tested by Istituto De Ricerche E Collaudi M. Massini, of Milan, Italy, a highly regarded institute which has been operating in the field of quality control and certification of products for over 35 years. Their product test and certification activities include food, chemical, ecological, building, electrical, mechanical, metallurgy, health, and textile sectors. Nansulate was tested according to building insulation specifications and was approved according to results from the UNI EN ISO 8990:1999 test method.
Recent EU energy conservation legislation, The European Union Directive on the Energy Performance of Buildings, was mandated to be incorporated into national legislation for all Member Countries by January 2006. This legislation requires a decrease in the energy consumption of public, commercial, and private buildings in all Member States and is a vital component of the EU's strategy to meet its Kyoto Protocol commitments.
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, (www.industrial-nanotech.com) and (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.
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For Industrial Nanotech, Inc., Naples
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