Industrial Nanotech, Inc. (OTC-PINK:INTK), an emerging global leader in
nanotechnology based energy saving solutions, today announced that the
Company’s patented Nansulate(R) coatings formulated for use on building
envelopes for energy efficiency, including on roofs, walls, ceilings and
windows, have been officially certified for use on buildings by a major
energy company in the Middle East. The products underwent a year-long
application and approval process by the energy company for use on
buildings to certify that the Company’s products provide energy
efficiency and increase sustainability effectively in the unique climate
of the Middle East.
Industrial Nanotech’s industrial coating line is now undergoing a
similar process with the same company, which buys in excess of two
billion USD worth of goods and services a year from suppliers.
“This approval announcement will open the door to multiple applications
in the region,” stated Francesca Crolley, V.P. Business Development for
Industrial Nanotech, Inc. “Industrial Nanotech currently has
distributors established throughout the Middle East in Saudi Arabia,
United Arab Emirates, Qatar, and Oman, and the acceptance of our
products by a major energy company in the region will be a huge benefit
for sales there. Our objective is to provide our customers one
multi-benefit solution for energy savings and surface protection that
can be implemented throughout their organization in multiple areas. The
dual benefit of our Nansulate technology gives us the advantage of
offering both industrial coatings for insulation and corrosion control
of pipes, tanks, and equipment, as well as building coatings for roofs,
walls, and ceilings to reduce company costs for heating and cooling. We
look forward to future growth in this important region and to helping
companies there save money and become more sustainable.”
About Nansulate(R)
Nansulate(R) is the Company's patented product line of award winning,
specialty coatings containing a nanotechnology based material and which
provide the combined performance qualities of energy savings, thermal
insulation, corrosion resistance, prevention of CUI, moisture
resistance, chemical resistance, and other protective benefits. The
coatings are low VOC, water-based, and sustainable.
About Industrial Nanotech Inc.
Industrial Nanotech Inc. is a global nanoscience solutions and research
leader. The Company develops and commercializes new and innovative
applications for sustainable nanotechnology which are sold worldwide,
including Nansulate(R) thermal insulation and asset protection coatings.
Additional information about the company and its products can be found
at www.inanotk.com
and www.nansulate.com.
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.
Copyright Business Wire 2014