Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > Industrial Nanotech, Inc. Maintains Four Year Record of Triple Digit Year Over Year Revenue Growth Rate Into Fifth Year Despite Global Economic Condit

Abstract:
Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global leader in nanotechnology, announced today that the Company continues to maintain its consistent record of triple digit revenue growth despite the current economic conditions.

Industrial Nanotech, Inc. Maintains Four Year Record of Triple Digit Year Over Year Revenue Growth Rate Into Fifth Year Despite Global Economic Condit

NAPLES, FL | Posted on September 29th, 2008

"This year to date, the Company's annual year over year revenue increase is 174%," states Stuart Burchill, CEO/CTO of Industrial Nanotech, Inc. "The average annual year over year revenue growth from 2004 through 2007 is 184%. Our original business model of creating a worldwide presence in multiple diverse market sectors to create a consistently increasing revenue stream which supports the Company's infrastructure necessary for the execution of the longer closing cycle projects like our deals with Petrobras has proven to be sound."

Mr. Burchill continues, "Our longer closing cycle major projects continue to move towards fulfillment. In fact, we just completed a week and a half of meetings with a team from Petrobras' headquarters at our laboratory in NJ, the results of the meetings were positive, and we will be providing an update to this project as soon as we receive confirmation of several items the Petrobras team needed to discuss with their associates upon their return to Rio de Janeiro, Brazil, including their positive assessment of the performance characteristics of our new Nansulate EPX."

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. Nansulate(R) EPX is the Company's newest addition to their patented line of nanotechnology-based coatings which has a four year track record of providing energy and cost saving solutions for industry and homeowners worldwide. Nansulate(R) EPX-4 is a water-based epoxy system that combines superior thermal insulation with excellent corrosion protection, chemical resistance, and flame resistance, making it a unique and powerful protective coating for a wide variety of industrial and commercial plant, equipment, and building applications. The coating can be applied from 1/8" thick to several inches thick. Additional information is available at www.Nansulate.com.

####

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.

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

Arrowhead Pharmaceuticals to Host R&D Day on Emerging Pipeline of RNAi Therapeutics September 25th, 2018

Arrowhead Pharmaceuticals to Host R&D Day on Emerging Pipeline of RNAi Therapeutics September 25th, 2018

Arrowhead Pharmaceuticals Reports Inducement Grants under NASDAQ Marketplace Rule 5635(c)(4) September 25th, 2018

Viral RNA sensing: Optical detection of picomolar concentrations of RNA using switches in plasmonic chirality September 21st, 2018

Materials/Metamaterials

How a tetrahedral substance can be more symmetrical than a spherical atom: A new type of symmetry September 14th, 2018

Peering into private life of atomic clusters -- using the world's tiniest test tubes September 6th, 2018

Cannibalistic materials feed on themselves to grow new nanostructures September 1st, 2018

Environmentally friendly photoluminescent nanoparticles for more vivid display colors: Osaka University-led researchers created a new type of light-emitting nanoparticle that is made of ternary non-toxic semiconductors to help create displays and LED lighting with better colors t August 29th, 2018

Announcements

Arrowhead Pharmaceuticals to Host R&D Day on Emerging Pipeline of RNAi Therapeutics September 25th, 2018

Arrowhead Pharmaceuticals to Host R&D Day on Emerging Pipeline of RNAi Therapeutics September 25th, 2018

Arrowhead Pharmaceuticals Reports Inducement Grants under NASDAQ Marketplace Rule 5635(c)(4) September 25th, 2018

Viral RNA sensing: Optical detection of picomolar concentrations of RNA using switches in plasmonic chirality September 21st, 2018

Financial Reports

Nanometrics to Announce Second Quarter Financial Results on July 31, 2018 July 12th, 2018

180 Degree Capital Corp. to Provide Live Remote Access to Its Annual Meeting of Shareholders on June 12, 2018 June 12th, 2018

Nanometrics Reports First Quarter 2018 Financial Results: Record Revenues, Gross Margin and Earnings; Outlook Strengthens for FY 2018 May 1st, 2018

Nanometrics to Announce First Quarter Financial Results on May 1, 2018 April 10th, 2018

NanoNews-Digest
The latest news from around the world, FREE



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project