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Abstract:
Industrial Nanotech, Inc. Highlights Successful Use of Company's Patented Nansulate(R) Energy Saving Coatings by Food and Beverage Companies
Industrial Nanotech, Inc. Highlights Successful Use of Product
Naples, FL | Posted on July 19th, 2010
Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global leader in nanotechnology based energy saving solutions, reported today that the Company's Nansulate(R) thermal insulation and protective coating has been successfully utilized in breweries, food processing facilities and restaurants. Most recently, Nansulate(R) Translucent High Heat was used by a commercial snack food manufacturer to reduce surface temperature of manufacturing equipment, including a commercial fryer, industrial oven and vent duct. The average surface temperature reduction, over all equipment, with a six coat coverage (approximately 300 microns total thickness) was an average of 17.5%, with the highest temperature difference achieved on the exterior of a commercial fryer, reducing the temperature by 48.6 degrees Fahrenheit, from 210.2 degrees F to 161.6 degrees F.
"According to the U.S. Environmental Protection Agency, energy expenses rank third among costs for food manufacturers, behind raw materials and labor," explained Francesca Crolley, V.P. Business Development for Industrial Nanotech, Inc. "For many years energy has been viewed as a fixed expense and one not easily managed due to the difficulty of insulating food manufacturing equipment. Most traditional types of insulation perform poorly in high humidity environments, cannot protect against contamination by mold and moisture, and do not prevent corrosion. Nansulate(R) provides all of these valuable performance qualities, insulating equipment, reducing energy costs, lowering the surface temperature, preventing the growth of mold and mildew, and preventing corrosion. Additionally, Nansulate(R) has been proven safe for use in these facilities, achieving NSF registration as safe for use in areas where there may be incidental contact with food."
Nansulate(R) thermal insulation coatings have been used by a growing number of food and beverage manufacturers to insulate equipment and reduce energy and maintenance costs. The coatings were recently highlighted in Dairy Foods magazine in an article titled, "New Technology Helps Food Manufacturers Manage High Energy Costs." A copy of the article can be found on the Nansulate(R) news page at www.nansulate.com/nansulate_news.htm.
Other examples of the effectiveness of Nansulate(R) include:
RESTAURANT: Issue was condensation forming on overhead ducts in restaurant dripping down onto customers. Nansulate(R) Translucent PT was used by the restaurant to help control the condensation, alleviate the excess dripping, and insulate the ductwork. Nansulate's translucent appearance allowed for application without changing the look of the decor.
FOOD PROCESSING: Objective was to reduce tank surface temperature to safer levels, insulate tank to reduce heat loss. Nansulate(R) Translucent PT was used by a customer on a tank that melts butterfat. The exterior tank temperature was noticeably reduced, creating a safer environment for employees, and the insulation provided by Nansulate(R) increased the melting efficiency of the tank, saving money and energy. "We used Nansulate last year to paint a 5m(3) heated stainless steel tank which is positioned outdoors at a company on Cobden. This tank is used for melting butterfat. We achieved a measurable difference in the contents of this tank...The outside of the tank was previously too hot to touch. With three coats of Nansulate applied, the surface was now warm to touch and there was a visual improvement to the melting efficiency of the product inside. We are very happy with the performance of Nansulate and intend on using it to paint future tanks," David Morabito, Project Engineer, Ultraspin Technology Pty Ltd.
BREWERY: Objective was to insulate, reduce surface temperature, protect equipment from corrosion and moisture. Nansulate(R) Translucent High Heat was applied to heat interchangers and other equipment to insulate, protect against corrosion, and decrease the amount of energy used for equipment processes. Preliminary results showed a 20 degrees Centigrade (36 Fahrenheit) difference after a 3 coat coverage (approx. thickness of 7 mils).
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.
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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About Industrial Nanotech
Industrial Nanotech Inc. is a global nanoscience solutions and research leader and member of the U.S. Greenbuilding Council, the American Solar Energy Society, and an official ALLY organization with the U.S. Dept. of Energy "Save Energy Now" program. The Company develops and commercializes new and innovative applications for sustainable nanotechnology which are sold worldwide.
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Contacts:
For Industrial Nanotech, Inc.
Investor Relations:
Rob Karbowsky
407-614-5959, ext. 227
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