Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > Industrial Nanotech, Inc. Announces Second Quarter 2012 Sales of $402,107

Abstract:
Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global leader in nanotechnology based energy saving and sustainable solutions announced today that the Company achieved a strong increase in sales in the second quarter of 2012 with sales of $402,107.47. The increased revenues were lead by international sales of their Nansulate(R) industrial line of patented and award winning coatings, which provide the combined benefits of energy saving thermal insulation and protection of plant and equipment against corrosion and severe service environments. Sales to oil & gas industry and government building projects contributed to the increase, as well as manufacturing facility orders both internationally and in the United States. Consumer and commercial orders for their Nansulate(R) EnergyProtect building insulation and Nansulate(R) Crystal roof insulation coatings also contributed. Second quarter 2012 sales represent an increase of 195% over second quarter 2011 sales.

Industrial Nanotech, Inc. Announces Second Quarter 2012 Sales of $402,107

Naples, FL | Posted on July 23rd, 2012

"We're encouraged by our second quarter 2012 results, which we believe continue to validate the strength of the Nansulate(R) product line and its position as a leading versatile energy saving technology, with unmatched characteristics of thermal insulation and surface protection," said Francesca Crolley, V.P. Business Development Industrial Nanotech, Inc. "We've seen increased demand in industry, particularly oil & gas, textile, and paper manufacturing, as well as government projects for mold resistance and lead encapsulation, and for our clear ‘cool roof' coating in both consumer and commercial markets. The U.S. market is also beginning to show stronger resolve for energy savings in buildings and factories and our domestic sales are also increasing as a result. Our second quarter results and our favorable industry trends are also due to the dedication and efforts of our distributors and independent representatives worldwide who promote Nansulate(R) energy saving and protective solutions in over 31 countries. We have a number of ongoing activities from which we anticipate this strong growth to continue, including opening new OEM markets, the launch of our new fast-cure Nansulate(R) Diamond industrial insulation coating, and the addition of a number of international distributors over the next few months. We anticipate a continued strong increase in sales revenues as corporate strategies initiated in 2010 and executed diligently over the past two years begin to produce the intended results."

####

About Industrial Nanotech, Inc.
Industrial Nanotech Inc. is a global nanoscience solutions and research leader and member of the U.S. Greenbuilding Council. The Company develops and commercializes new and innovative applications for sustainable nanotechnology which are sold worldwide.

About Nansulate®

Nansulate® 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® 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.inanotk.com) and (www.nansulate.com). Blog: www.nansulate.com/nanoblog, Twitter: www.twitter.com/NanoPioneer, Facebook: www.facebook.com/Nansulate.

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.

For more information, please click here

Contacts:
Industrial Nanotech, Inc.
Toll Free: 800-767-3998
Tel: +1 239-254-0346

www.nansulate.com

Copyright © Industrial Nanotech, Inc.

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

A nano-roundabout for light December 10th, 2016

Keeping electric car design on the right road: A closer look at the life-cycle impacts of lithium-ion batteries and proton exchange membrane fuel cells December 9th, 2016

Further improvement of qubit lifetime for quantum computers: New technique removes quasiparticles from superconducting quantum circuits December 9th, 2016

Scientists track chemical and structural evolution of catalytic nanoparticles in 3-D: Up-close, real-time, chemical-sensitive 3-D imaging offers clues for reducing cost/improving performance of catalysts for fuel-cell-powered vehicles and other applications December 8th, 2016

Materials/Metamaterials

Keeping electric car design on the right road: A closer look at the life-cycle impacts of lithium-ion batteries and proton exchange membrane fuel cells December 9th, 2016

Chemical trickery corrals 'hyperactive' metal-oxide cluster December 8th, 2016

Physicists decipher electronic properties of materials in work that may change transistors December 6th, 2016

Infrared instrumentation leader secures exclusive use of Vantablack coating December 5th, 2016

Announcements

A nano-roundabout for light December 10th, 2016

Keeping electric car design on the right road: A closer look at the life-cycle impacts of lithium-ion batteries and proton exchange membrane fuel cells December 9th, 2016

Further improvement of qubit lifetime for quantum computers: New technique removes quasiparticles from superconducting quantum circuits December 9th, 2016

Chemical trickery corrals 'hyperactive' metal-oxide cluster December 8th, 2016

Financial Reports

Arrowhead Pharmaceuticals to Webcast Fiscal 2016 Year End Results December 7th, 2016

Harris & Harris Group Issues Business Update and Reports Financial Statements as of September 30, 2016 November 9th, 2016

Nanometrics Reports Second Quarter 2016 Financial Results July 26th, 2016

Nanobiotix revenue for Q2 2016 July 14th, 2016

Industrial

Supersonic spray yields new nanomaterial for bendable, wearable electronics: Film of self-fused nanowires clear as glass, conducts like metal November 23rd, 2016

Industrial Nanotech, Inc. Announces Plans to Spin Off New Product Line to Major Paint Compan November 9th, 2016

Forge Nano raises $20 million in Series A Funding: Nano coating technology innovator Forge Nano will use funding to expand manufacturing capacity and grow Lithium-Ion battery opportunities November 3rd, 2016

SUN shares its latest achievements during the 3rd Annual Project Meeting November 1st, 2016

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project