Industrial Nanotech, Inc. Announces Certification for Use in Middle East for Buildings
April 01 2014 - 8:00AM
Business Wire
Nansulate(R) Energy Saving Coatings to Be Used
by Major Middle East Energy Company
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.
Industrial Nanotech, Inc.Francesca Crolley, US & Canada:
800-767-3998International: +1 239-254-0346investini@inanotk.com
Industrial Nanotech (PK) (USOTC:INTK)
Historical Stock Chart
From Mar 2024 to Apr 2024
Industrial Nanotech (PK) (USOTC:INTK)
Historical Stock Chart
From Apr 2023 to Apr 2024
