Industrial Nanotech, Inc. Announces New OEM Customer
January 26 2015 - 8:30AM
Business Wire
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.
Industrial Nanotech, Inc.Francesca Crolley, US & Canada:
800-767-3998International: +1 239-254-0346Email:
investini@inanotk.com
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