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Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global leader in nanoscience solutions, today announced that the Company's sales are growing rapidly in the Middle East through their established distributor, NanoFan Industrial Coatings, Ltd., in the UAE., Bahrain, Oman and Qatar, and the company's new distributor, Saudi Environmental Projects Ltd., in Saudi Arabia.
"We have seen increased adoption of Nansulate in the Middle East and we are currently preparing additional shipments of our products to both the UAE and Saudi Arabia," stated Francesca Crolley, V.P. Business Development for Industrial Nanotech, Inc. "Our UAE distributor, Nanofan, has promoted Nansulate extensively and has experienced growing success in several markets, including petrochemical and industrial. They have completed projects at several petrochemical facilities to provide insulation and asset protection to tanks, pipes and equipment. Their latest ongoing project, which we are highlighting in our corporate blog (http://www.nansulate.com/nanoblog), is on several pieces of heavy equipment and tractors where the bodies are being coated with Nansulate to increase longevity in the harsh climate. They have also successfully expanded into commercial buildings and apartments, recently completing a project at a housing complex to increase building energy efficiency and they are currently bidding on a 5000 unit residential complex. "
"We have also received the first order from our new distributor for Saudi Arabia, Saudi Environmental, " continued Ms. Crolley, "We are working closely with them to train their sales and marketing and technical staff and we look forward to continued and rapid growth in that country as well."
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.
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 nanotechnology.
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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