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Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global leader in nanotechnology, announced today that sales of the Company's patented energy saving and mold resistant product for homes and buildings, Nansulate® HomeProtect, continue to increase exponentially worldwide as energy costs skyrocket.
"The energy crisis continues to be a major factor in the world economy," stated Francesca Crolley, V.P. Of Operations & Marketing for Industrial Nanotech, Inc. "The revenue growth we continue to see in our energy saving coatings are a direct result. Homeowners, building & factory owners, and public facilities including schools and museums are all struggling with increased energy costs. Finding solutions to rising energy bills has become a critical financial priority and our coatings have been proven to provide a cost effective solution."
Crolley continues, "The same challenges face consumers in every country. We sell product in places as close as Boston, Massachusetts and Alberta, Canada and as far away London, England and Kosic, Slovakia and all throughout Asia. HomeProtect is an easy-to-use, environmentally friendly product that is fast becoming the solution of choice for homeowners to lower energy bills and keep their homes healthier and We look forward to continued growth of this product line as more consumers become aware of our technology and the energy solutions they offer."
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, lead encapsulation, chemical resistance, and fire resistance in an environmentally safe, water-based, coating formulation. The Nansulate(R) Product Line includes both industrial and residential coatings.
About Industrial Nanotech, Inc.
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 Investor Relations:
The Cervelle Group, LLC
407-475-9966 ext. 227
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