NAPLES,
Fla., March 13, 2006 (PRIMEZONE) -- Industrial Nanotech
(Pink Sheets:INTK) announced today that the Company
is working with one of North America's Big Three
automakers based in Detroit, Michigan regarding the
incorporation of its patent pendng Nansulate(tm)
coatings as an energy saving measure in various production
models.
Industrial Nanotech's CEO, Stuart Burchill was invited
to meet with representatives of the engineering team
and racing division of this company to discuss the
unique performance qualities of Nansulate coatings
and their potential uses in production vehicles.
Nansulate's current use in automobile racing captured
the attention of the auto maker's climate control
division as well as their engineers due to the coatings'
unique ability to create thermal barriers for specialized
areas on racecars around the world, including a major
NASCAR racing team.
Mr.
Burchill commented, "After a series of meetings
and discussions, it has been determined that there
are multiple areas on current production vehicles,
particularly three-quarter ton and one-ton work vans
and trucks, that can greatly benefit from our nanocomposite-based
coatings. The next step is for us to apply Nansulate(tm)
to specific areas of a test vehicle that they will
be providing. This will be used to confirm initial
results regarding the product's thermal insulation
and anti-corrosion qualities in relation to automobile
performance and fuel efficiency. While we are pleased
that our coatings have been successful and performed
well for the racing industry, we recognize the significant
opportunity that incorporating our coatings into
current production vehicles presents for Industrial
Nanotech."
"Industrial Nanotech's line of industrial coatings
has been the subject of review and analysis by a
number of industries for OEM applications," stated
Francesca Crolley, VP of Operations and Marketing. "Auto
manufacturing is just one that we have been working
with since 2005. Our products have been featured
in a growing number of publications, including 'Oil & Gas
Product News, May/June 2005', 'Industrial Equipment
News, August, 2005', and 'Job Shop Technology, January
2006'. The ability of our products to prevent corrosion
and provide thermal insulation simultaneously in
an easy-to-apply, durable coating has several advantages.
Additionally, the recently announced results of our
coatings providing protection against mold growth
has also prompted many industries to consider our
product as a preventative measure against litigation
from industrial workplace health issues," continued
Ms. Crolley.
About Nansulate(tm)
Introduced in 2005, Nansulate is a water-soluble
tinted primer or translucent coating containing a
nano-science based material. Nansulate's formulation
was developed by Mr. Burchill who has filed patents
both nationally and internationally and licensed
exclusively the rights to Industrial Nanotech, Inc.
The coating's ability to resist mold, prevent corrosion
and provide thermal insulation is well-documented.
The Company and its licensed distributors distribute
Nansulate products worldwide.
About Industrial Nanotech Inc.
Industrial Nanotech Inc. (Pink Sheets:INTK) is a
global nanoscience solutions and research leader.
The company seeks to introduce new and innovative
applications for nanotechnology by participating
with world leading scientists and laboratories, including
Sandia National Laboratories and Princeton Polymers
Laboratories. Industrial Nanotech products address
real-world needs and are currently being tested by
Global 100 companies for potential use.
See www.industrial-nanotech.com for
more information.
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.
CONTACT:
Industrial Nanotech Inc. (800) 508-6153 corporate@industrial-nanotech.com
ZA Consulting, Inc. Investor & Public Relations:
David Zazoff (212) 505-5976 PressReleases@Za-Consulting.net
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