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Results in Specification Requests for Five Projects, Including Three for U.S. Army
Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global leader in nanoscience solutions, today announced the results of the presentation of the company's patented energy saving NansulateŽ technology at the Renewable Energy Fair on August 22, 2009 at Chena Hot Springs Resort, Alaska. The coatings were demonstrated by the company's Alaskan distributor, Nanotech Energy Solutions, Inc., to an audience which included members of the oil and gas industry, the military, members of the U.S. Senate Committee on Energy & Natural Resources, and many others. The focus of the event was to demonstrate creative sustainability concepts and alternative energy solutions.
"Our phone has not stopped ringing since the show," stated Steve Mroz, President of Nanotech Energy Solutions, Inc. "Our demonstration of NansulateŽ was incredibly well received and we couldn't have received a better reception and opportunity to showcase the technology to leaders in the energy saving sector. We presented the technology to several senators and political leaders in attendance, as well as representatives responsible for energy saving initiatives with the Army and Fortune 500 corporations. We received sales at the show, including a job coating the home and business of a well-known elected state official and we received specification requests from the U.S. Army for three separate projects. Alaska and the rest of the country are definitely excited about what the technology can do and we couldn't have found a better event for exposure. The energy saving performance of the coatings speak for themselves. We just needed to get in front of the right people and it appears that we have done that."
The Company and their Alaskan Distributor are currently providing three specification requests for the U.S. Army, one for an Alaskan company for fuel and water tank insulation on the North Slope, and another for a pipeline service company.
For further information regarding NansulateŽ in Alaska, please contact Nanotech Energy Solutions, Fairbanks, AK at 907-451-7825.
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
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.
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.
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For Industrial Nanotech, Inc., Naples The Cervelle Group, LLC Investor Relations: Rob Karbowsky, 407-614-5959, ext. 227
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