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Industrial Nanotech, Inc. (Pink Sheets:INTK) announced today that the Company is entering the commercial, industrial and residential roofing markets with a new line of lightweight roof coatings that lower energy costs, provide protection against fire, and keep roofs cleaner.
"We will be launching three new products in Q3 2009," states Stuart Burchill, CEO/CTO of Industrial Nanotech, Inc. "Nansulate(R) RF-IC is designed for industrial and commercial flat roofs and provides exceptional thermal insulation and protection against fire. An example of a suitable application would be a factory or school in California where the product will substantially lower air conditioning bills and will protect the building from fire in the event burning embers from wildfires fall on it. Nansulate(R) RF-M is specifically designed for corrugated metal roofs and
provides exceptional thermal insulation and protection against corrosion. Nansulate(R) RF-R is a clear coating designed for tile, slate, or shingle roofs on residences and office or retail buildings and provides exceptional thermal insulation and protection against mold, mildew, and algae growth."
Mr. Burchill continues, "These products will be offered worldwide through our Company and through a network of exclusive approved retailers and contractors. The roofing and re-roofing market represents one of the largest total surface areas suitable for our technologies and we are confident this patented line of products, with their unique and valuable performance qualities, will be successful in this arena. To offer some perspective, just the US federal government work available is larger than almost every other market sector we serve. Additionally, there are international mandates to lower energy costs in both government and private sector buildings and facilities."
In December 2007, the U.S. Congress passed, and on December 19, 2007 the President signed into law, the Energy Independence and Security Act (EISA)(Pub. Law 110-140) containing new energy use requirements for federal buildings. EISA adopts the energy intensity reduction goals of Executive
Order 13423 beginning in FY 2008 with a 9 percent reduction and increasing to a 30 percent reduction in FY 2015 for federal buildings including, but not limited to, industrial, laboratory, and other energy intensive facilities. Several states and cities have specifically passed, or are
planning to incorporate, requirements for 'cool' roof performance into their building codes. 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.
*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.
About Industrial Nanotech Inc.
Industrial Nanotech Inc. is emerging as a global nanoscience solutions and
research leader and member of the U.S. Greenbuilding Council. The Company
develops and commercializes new and innovative applications for
Nansulate(R) is the Company's patented product line of award winning, 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, fire resistance, chemical resistance, and lead encapsulation in an environmentally safe, water-based, coating formulation. The Nansulate(R) Product Line includes industrial, residential, agricultural and solar thermal insulation coatings. Additional information about the Company and its products can be found at their websites, (www.industrial-nanotech.com) and (www.nansulate.com). Updates can be followed at Twitter/NanoPioneer.
For more information, please click here
For Industrial Nanotech, Inc., Naples The Cervelle Group, LLC
407-614-5959, ext. 227
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