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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 mold resistant coatings provide effective insulation and protection in all climates, including the harsh climate of Fairbanks, Alaska.
Nansulate(R) was used in the spring of 2009 to insulate a 1250 S.F. commercial warehouse that houses a military and civilian auto sales business. The owner recently shared his year over year heating bills and reported a reduction in his energy costs by 22%. The warehouse was insulated with Nansulate(R) HomeProtect Clear Coat at a thickness of 3 coats (approximately 7 mils) by coating the ceiling and walls.
"As you can imagine, heating is a large expense in a climate like Alaska," explained Francesca Crolley, V.P. Business Development for Industrial Nanotech, Inc. "Nansulate(R) is truly an innovation insulation technology and it works extremely well both in hot climates and cold. It has successfully performed in the harsh climates of the Middle East, on offshore oil platforms, and in the frozen tundra of Alaska. One of its other significant benefits is the ability to resist moisture infiltration, which degrades many conventional types of insulation. The excellent UV resistance, mold resistance and corrosion resistance performance qualities provide added value to our customers, so they are not only getting insulation and significant energy savings, but also multiple other protective benefits. Mr. Sherman, who provided us with his actual heating bills from Fairbanks Natural Gas for the period of May 2008 through April 2010, was thrilled with the energy savings that he experienced at his Fairbanks warehouse. He was able to see a significant savings in his energy bill, which directly impacted his business costs. We are thrilled to have customer after customer reduce their heating costs, cooling costs and manufacturing costs by insulating their buildings and equipment with our coatings. The products represent an advancement in energy saving technology that can significantly impact the energy use and related carbon emissions of everyone on the planet."
Further information on Nansulate(R) use on this Alaskan Warehouse, you can download a case study at www.nansulatetestimonials.com.
Recent news articles can be found at: www.nansulate.com/nansulate_news.htm
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 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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