Home > Press > Industrial Nanotech, Inc. Reports Record High Revenues in Q3 2010 Due to Substantially Increased Sales to Manufacturing Customer
Industrial Nanotech, Inc. (Pink Sheets: INTK), an emerging global leader in nanotechnology based energy saving solutions, reported today that halfway through the current fiscal quarter, 3rd Quarter 2010, revenue from sales to manufacturing customers to date has exceeded the best quarterly revenue numbers of any fiscal quarter since the Company's inception in 2004.
Industrial Nanotech, Inc. Reports Record High Revenues in Q3 2010 Due to Substantially Increased Sales to Manufacturing Customer
Naples, FL | Posted on August 16th, 2010
"In early 2010, we decided to increase our marketing to the manufacturing sector and it is now beginning to pay off in the form of record sales," states Stuart Burchill, CEO/CTO of Industrial Nanotech, Inc. "We assembled a catalog compiled of photographs and data that demonstrates the many successful applications of our Nansulate(R) energy saving technology at work in a broad range of industrial sectors. This compilation presented an overwhelming preponderance of evidence that our product line did exactly what we said it would do... pay for itself in as little as 7 - 12 months and provide an annuity-like return for the customers of real dollar energy savings year after year... plus protect equipment from corrosion, prevent damage from chemicals, and provide fire resistance. We began distributing this literature to large manufacturing companies throughout the US and abroad, including many of those on the Dow Jones Sustainability Indexes."
Mr. Burchill continues, "Our timing was fortunate. Corporations have started taking the task of reducing energy consumption and costs very seriously for both economic efficiencies and their increased sense of environmental responsibility. They are enthusiastic about the easy-to-use and very effective solutions we offer. The response has been tremendous, with an accelerated level of interest in, and a rapid adoption rate of, our technologies into their energy saving and sustainability programs."
Mr. Burchill concludes, "We believe Q3 2010 to date is a good indicator of the direction our revenues are headed."
The previous highest revenue per quarter was 1st Quarter 2008 with sales of $389,848.
See full catalogue with photographs and case studies at:
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.
For more information, please click here
For Industrial Nanotech, Inc.
Copyright © Industrial Nanotech
If you have a comment, please Contact
Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.
News and information
PCI Launches Innovative Product Line: Phosphonic Acids, Used in a Wide Variety of Commercial Applications December 6th, 2013
Conference speakers: International think tank needed to identify techno-social turning points December 6th, 2013
Nanobiotix strengthens its NanoXray pipeline with the launch of NBTX-TOPO development, the first nanotherapeutic with embedded radar: 1 product, 2 skills December 6th, 2013
National Space Society Congratulates SpaceX on First Successful GEO Transfer Mission December 6th, 2013
Quantum effects help cells capture light, but the details are obscure: Ultrashort laser pulses reveal that 'coherence' plays a subtle role in energy transfers December 6th, 2013
Coal yields plenty of graphene quantum dots: Rice U. scientists find simple method for producing dots in bulk from coal, coke December 6th, 2013
The gene sequencing that everyone can afford in future December 6th, 2013
Silvija Gradečak seeks to better the world through new materials December 6th, 2013
Harris & Harris Group Reports Financial Statements as of September 30, 2013 November 12th, 2013
Nanometrics Reports Third Quarter 2013 Financial Results October 29th, 2013
Harris & Harris Group to Host Conference Call on Third-Quarter 2013 Financial Results on November 13, 2013 October 24th, 2013
Nanometrics to Announce Third Quarter Financial Results on October 29, 2013 October 8th, 2013