EVANSVILLE, Ind., April 27, 2017 /PRNewswire/ -- Integral Technologies, Inc. (OTC-PK: ITKG) ("Integral"), and its wholly
owned subsidiary ElectriPlast Corporation, announced
today ElectriPlast's conductive material is in final product validation with an Automotive Tier 1, for use in an automotive
optical electronics application. ElectriPlast material was chosen for this application because of its superior shielding
performance compared to other solutions.
If selected, the ElectriPlast application will be part of a 2018 global automotive platform going into approximately two
million vehicles. The ElectriPlast component has passed the design validation phase and shield effectiveness test results
have exceeded specified requirements. Integral is seeing continued demand from the automotive sector as automakers continue
their push towards lightweight and electrification.
"The automotive development cycle is long and very competitive, we are excited to be this far down the path on a program of
this magnitude. We are pleased to be working with a Tier 1 with such innovativeness and global reach. We've been
working closely with their engineering team on the development of this application. The prospect of two million cars rolling off
the assembly line in 2018 with an ElectriPlast component is a game changer for us," stated Mo Zeidan CTO of ElectriPlast.
About Integral Technologies, Inc.
Integral Technologies Inc. (OTC-PK:
ITKG) and wholly owned subsidiary ElectriPlast Corp, engage in the discovery, development, and commercialization of electrically conductive hybrid
plastics used primarily as raw material in the production of industrial, commercial and consumer products worldwide. Its core
material, ElectriPlast®, is a non-corrosive, electrically conductive resin-based material whose properties allow it to
be molded into any of the infinite shapes and sizes associated with plastics, while reducing component weight by 40 to 60%.
Integral is a leader in conductive hybrid plastics with a broad Intellectual Property portfolio referencing its ElectriPlast
technology. Applications for ElectriPlast include: Shielding, Wire, Power Electronics, Connectors,
and Cables; Shielding, Conduction, Batteries, Semiconductors, Heated Elements, Sensors, Antennas, Medical Devices,
Consumer Electronics and Acoustics, Fuses, Capacitors, Resistors, RFID, and Batteries.
Safe Harbor Statement
This press release contains "forward-looking statements'' within the meaning of Section 27A of the 1933 Securities Act and
Section 21E of the 1934 Securities Exchange Act. These statements include, without limitation, predictions and guidance relating
to the company's future financial performance and the research, development and commercialization of its technologies. In
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"anticipates," "believes," "estimates," "predicts," "potential," "continue," or the negative of these terms or other comparable
terminology. These forward-looking statements are based on management's current expectations, but they involve a number of
risks and uncertainties. Actual results and the timing of events could differ materially from those anticipated in the
forward-looking statements, as the result of such factors, risks and uncertainties as (1) competition in the markets for the
products and services sold by the company, (2) the ability of the company to execute its plans, (3) other factors detailed in the
company's public filings with the SEC, including, without limitation, those described in the Company's annual report on Form 10-K
for the year ended June 30, 2016 as filed with the Securities and Exchange Commission and available at www.sec.gov, and (4) the parties may be unable to agree upon definitive
agreements. You are urged to consider these factors carefully in evaluating the forward-looking statements
Contacts:
Corporate/Media Inquiries/Investor Inquiries:
812.550.1770
itkginquiry@itkg.net
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SOURCE Integral Technologies, Inc.