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Industrial Nanotech, Inc. (INTK 0.03, +0.00, +7.41%), an emerging global leader in nanotechnology based energy saving solutions, today announced that the Company is successfully expanding its sales of patented Nansulate(R) liquid insulation technology into the Original Equipment Manufacturer (OEM) market. Nansulate(R) is the Company's patented product line of award winning, nanotechnology based specialty coatings 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, sustainable, water-based coating formulation.
Ms. Crolley continues, "The final step for widespread implementation in a manufacturing environment was successfully designing application equipment and systems which effectively give the OEM customer 100% efficiency in the application process of the coatings and therefore the best cost per unit possible. Our team has completed this task. We have three large customers we anticipate will become OEM customers soon and will be aggressively expanding this substantial recurring revenue source throughout 2011."
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, Search 'Nansulate' on Facebook.
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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For Industrial Nanotech, Inc.
Rob Karbowsky, 800-767-3998
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