Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > Industrial Nanotech, Inc. Announces Agreement

Abstract:
Industrial Nanotech, Inc. Announces Agreement with OEM Solar Manufacturer, Total Energy Care™, to Incorporate Nansulate® Solar in Solar Thermal Panels to Increase Efficiency.

Industrial Nanotech, Inc. Announces Agreement

Naples, FL | Posted on December 22nd, 2009

Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global leader in nanoscience solutions, today announced the completion of an agreement with Total Energy Care(TM) (TEC) to represent their patented Nansulate(R) Solar thermal insulation and energy saving coating in Canada for retrofitting energy systems in existing buildings and in new build construction. The agreement includes use of Nansulate(R) Solar product within the solar thermal and thermal storage industries in Canada.

TEC's President, Steven Burke, has committed to using Nansulate(R) on all solar thermal panels manufactured at their new plant. Mr. Burke explains, "Because of the amazing thermal resistance properties shown by Nansulate(R), by applying it on all five of the metal surfaces within a flat plate solar thermal panel, we expect as much as a 20% to 30% increase in the efficiency over traditional insulation used in this industry. The effect of reduction in loss of heat captured from the sun and held in thermal storage tanks promises to be even more profound. And these are huge advantages in the marketplace!"

TEC's strong sales growth plan includes increasing their sales force from 60 to approximately 200 reps by the middle of 2010. Mr. Burke continues, "We can reasonably approach not only the hot water market but also that of space heating, as the end result is a product approaching the efficiency formerly only available from evacuated tube panels, but at a much lower cost. Solar thermal flat plate collectors are far less expensive to manufacture than their airless competitors. At approximately 40% of the cost of buying evacuated tube solar thermal systems (wholesale price), this means that a product using flat plate panels will produce heat for far less per BTU than evacuated tube."

TEC is opening a new facility for manufacturing solar thermal panels and thermal storage tanks which will employ more than 50 individuals. The facility will be headed by engineer Brian Slack, who has won awards for increasing efficiency at an American Corporation's plant in South Western Ontario.

This will be the second OEM application for solar thermal equipment in which the coatings have been specified. Industrial Nanotech previously announced that their patented Nansulate(R) Solar thermal insulation coating will be incorporated into all new solar water heater systems by Asian manufacturer First Energy Solution to insulate and increase efficiency.

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 and the American Solar Energy Society. The Company develops and commercializes new and innovative applications for nanotechnology which are sold worldwide.

About Nansulate(R)

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.

For more information, please click here

Contacts:
The Cervelle Group, LLC Investor Relations:
Rob Karbowsky
407-614-5959, ext. 227

Copyright © Industrial Nanotech

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

Nanobiotix: Update on Head and Neck Phase I/II Trial with NBTXR3 and Other program data presented at ImmunoRad 2018 September 20th, 2018

NUS researchers invent new test kit for quick, accurate and low-cost screening of diseases: Test results are denoted by a color change and could be further analyzed by a smartphone app, making it attractive as a point-of-care diagnostic device September 19th, 2018

Silver nanoparticles are toxic for aquatic organisms: A research team at the UPV/EHU-University of the Basque Country has analysed how zebrafish are affected in the long term by exposure to silver particles September 19th, 2018

Leti Announces EU Project to Develop Powerful, Inexpensive Sensors with Photonic Integrated Circuits: REDFINCH Members Initially Targeting Applications for Gas Detection and Analysis For Refineries & Petrochemical Industry and Protein Analysis for Dairy Industry September 19th, 2018

Announcements

Nanobiotix: Update on Head and Neck Phase I/II Trial with NBTXR3 and Other program data presented at ImmunoRad 2018 September 20th, 2018

NUS researchers invent new test kit for quick, accurate and low-cost screening of diseases: Test results are denoted by a color change and could be further analyzed by a smartphone app, making it attractive as a point-of-care diagnostic device September 19th, 2018

Silver nanoparticles are toxic for aquatic organisms: A research team at the UPV/EHU-University of the Basque Country has analysed how zebrafish are affected in the long term by exposure to silver particles September 19th, 2018

Leti Announces EU Project to Develop Powerful, Inexpensive Sensors with Photonic Integrated Circuits: REDFINCH Members Initially Targeting Applications for Gas Detection and Analysis For Refineries & Petrochemical Industry and Protein Analysis for Dairy Industry September 19th, 2018

Alliances/Trade associations/Partnerships/Distributorships

Leti Announces EU Project to Develop Powerful, Inexpensive Sensors with Photonic Integrated Circuits: REDFINCH Members Initially Targeting Applications for Gas Detection and Analysis For Refineries & Petrochemical Industry and Protein Analysis for Dairy Industry September 19th, 2018

Leti & EFI Aim to Dramatically Improve Reliability & Speed of Low-Cost Electronic Devices for Autos: Project Will Extend Model Predictive Control Technique to Microcontrollers, Digital Signal Processors and Other Devices that Lack Powerful Computation Capabilities September 18th, 2018

Silvaco, Purdue team up to bring scalable atomistic TCAD solutions for next generation semiconductor devices and materials August 24th, 2018

Leti & CMP Announce World’s First Multi-Project-Wafer Service with Integrated Silicon OxRAM: Oxide-Based Resistive Ram Memory Platform Development for Backend Memories To Offer Non-Volatility Associated with Embedded Designs August 2nd, 2018

New-Contracts/Sales/Customers

Nanometrics Delivers 100th: Atlas III System for Advanced Process Control Metrology Atlas III: Systems are qualified and in production for advanced devices in DRAM, 3D-NAND and Foundry/Logic August 2nd, 2018

Picosun’s ALD solutions make quality watches tick July 26th, 2018

Barium ruthenate: A high-yield, easy-to-handle perovskite catalyst for the oxidation of sulfides July 13th, 2018

Oxford Instruments’ 22 Tesla superconducting magnet system commissioned at the UAM, making it the most intense magnetic field available outside a large international facility July 12th, 2018

Solar/Photovoltaic

September 5th, 2018

NUST MISIS scientists present metamaterial for solar cells and nanooptics July 23rd, 2018

Northwestern researchers achieve unprecedented control of polymer grids: Materials could find applications in water purification, solar energy storage, body armor June 22nd, 2018

Team achieves two-electron chemical reactions using light energy, gold May 15th, 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