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Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global leader in nanoscience solutions, today announced that the Company's exclusive distributor in the state of Alaska, Nanotech Energy Solutions, Inc., is continuing to rapidly expand the number and diversity of projects for the Company's product line of patented Nansulate(R) insulation and protective coatings. In addition to the large municipal building project in the City of Fairbanks, other deals include radiant heat foundations in the North Pole and multiple commercial buildings in the Fairbanks area. Work has also commenced on a seven apartment complex to insulate the building and reduce fuel costs.
"Businesses and consumers in Alaska have discovered the effectiveness of this revolutionary insulation technology," stated Steve Mroz, President of Nanotech Energy Solutions, Inc. "Our company is busy with multiple projects to insulate buildings and reduce energy costs with Nansulate(R) coatings throughout the state. We have also recently been contacted by the local Painter's Union (IUPAT Local 1555) because of the increase in demand for Nansulate(R). They have requested that our company present a two hour class at the union hall on the product's application instructions for their members. We have seen a significant increase in orders and large projects since our appearance at the Renewable Energy Fair in August. As more people discover the benefits of this technology, our business here will only continue to grow."
International Union of Painters & Allied Trades (IUPAT) Local 1555, based in Fairbanks, includes commercial painting contractors throughout Northern Alaska. Their training programs offer required course instruction to painters, glaziers and floor coverers. IUPAT represents a growing force of over 140,000 working men and women in the United States and Canada.
Nanotech Energy Solutions recently began work on a project with the City of Fairbanks to apply Nansulate to City Hall, the Police Department, the Fire Department, the Department of Public Works building and one other municipal building to increase energy efficiency and reduce fuel costs. Photos of the ongoing projects are available on the Company's corporate blog. www.nansulate.com/nanoblog.
About Nanotech Energy Solutions, Inc.:
Nanotech Energy Solutions, Inc. is the exclusive distributor for Nansulate(R) energy saving and asset protection coatings in Alaska. They provide product and services for industry, oil and gas, commercial and residential clients. Their mission is to provide solutions to rising energy and fuel costs in their state. For further information, please contact Nanotech Energy Solutions, Fairbanks, AK at 907-451-7825.
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). Blog: www.nansulate.com/nanoblog, Twitter: www.twitter.com/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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