Industrial Nanotech, Inc. (OTC-PINK: INTK), an emerging global leader in
nanotechnology based energy saving solutions, today announced that the
Company’s patented thermal insulation and protective coatings are now
being used as an OEM (original equipment manufacturer) upgrade
application on new textile machinery. The Company’s distributor for
Turkey, Kolorgen Ltd, confirmed that Ornek Makine, based in Gaziantep,
Turkey, has shipped their first yarn heat setting machine to a customer
in the Southeastern United States which has a factory applied coating of
Industrial Nanotech’s High Heat and EPX thermal insulation coatings for
energy efficiency. This represents the second major OEM application with
these patented nanotechnology-based coatings.
“Our industrial insulation and corrosion and chemical resistant coatings
have been used successfully by multiple companies in the textile
manufacturing industry since 2005,” stated Francesca Crolley, VP of
Business Development for Industrial Nanotech, Inc. “Our solutions for
insulation of textile manufacturing equipment and reported energy
savings for industry of between 10%-25%, which equates to our products
paying for themselves in 6 - 18 months, is a huge advancement for the
industry.”
Ornek Makine San. ve Tic. A.S. has been an expert in textile machine
manufacturing since 1963 and the company has become one of the leading
companies in the sector of carpet and carpet yarn machines. Their
textile machinery is sold worldwide.
This is the second OEM deal for Industrial Nanotech, Inc. In June, 2014,
the Company announced a deal with the largest manufacturer of concrete
roof tile in the US to incorporate the Company’s Crystal coating onto
concrete roof tile at the factory and production of that product began
at the end of 2014.
Francesca Crolley VP of Business Development for Industrial Nanotech,
Inc. continued, “Forming relationships with large and well established
manufacturing companies around the world to incorporate our technologies
and products into their products at the factory and sell them through
their existing successful sales channels is a top priority for our
Company and we expect to be announcing more OEM deals in the near
future.”
You can find more details on the textile manufacturing companies that
have benefitted from Industrial Nanotech’s insulating technology at http://www.nansulatetestimonials.com.
About Industrial Nanotech Inc.
Industrial Nanotech Inc. is a global nanoscience solutions research and
development leader. The Company develops and commercializes new and
innovative applications for sustainable nanotechnology which are sold
worldwide, including their 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.
Additional information about the company and its products can be found
at www.inanotk.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 2015