NAPLES,
Fla., Sept. 22, 2005 (PRIMEZONE) -- Industrial Nanotech
Inc. (Pink Sheets:INTK) announced today that the
Company's Nansulate Translucent insulation and corrosion
inhibiting coatings are currently being tested by
RefPlus Ltd., a subsidiary of Dectron Internationale
(Nasdaq:DECT) and leading manufacturer of HVAC equipment.
The evaluations being performed are to determine
the ability of Nansulate to reduce heat loss and
the formation of condensation on equipment, thereby
reducing energy costs and extending service life
of equipment.
The
tests were arranged by Mobeq Industrial Products,
Ltd., based in Ontario, the Company's Canadian
distributor. Ref-Plus manufactures a complete line
of refrigeration and HVAC products and provides
an array of custom heating and cooling coils for
commercial, industrial, and OEM applications. The
Company has two state-of-the-art manufacturing
facilities and has created specialty products and
custom refrigeration packages for clients such
as Merck, Frost, Pfizer, Sobeys and Great A&P.
Gil
St Jean, President of Mobeq, commented, "I am
confident that Nansulate can reduce energy and maintenance
costs for heating and cooling equipment and look
forward to working with RefPlus. In the future, we
will pursue other industries and applications where
we believe Nansulate can increase energy efficiency
and reduce costs."
Stuart
Burchill, Chief Executive Officer of Industrial
Nanotech, commented, "The Refco evaluations of Nansulate
are very encouraging and we believe that these and
other recent tests will demonstrate that our coatings
are an excellent solution to reduce heat loss and
condensation on heating and cooling equipment. This
is one of the many positive developments that Industrial
Nanotech has experienced in the third quarter as
we have seen steady sales increases in both the retail
and commercial sectors and anticipate reporting our
strongest sales quarter to date."
About Industrial Nanotech Inc.
Industrial Nanotech Inc. produces and sells Nansulate
Translucent, a line of high performance industrial
coatings that insulate and protect against corrosion.
The coatings are primarily designed for heavy industry,
manufacturing and shipping markets. The Company is
currently conducting nanoscience-related research
in advanced materials, molecular self-assembly, and
industrial applications at facilities in New Mexico,
Colorado, and New Jersey. Products are available
directly from the company or through a rapidly growing
worldwide network of exclusive distributors.
For corporate and product information, please visit www.industrial-nanotech.com
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.
The company logo for Industrial Nanotech Inc. is
available at: http://www.primezone.com/newsroom/prs/?pkgid=1701
CONTACT: ZA Consulting Inc. David Zazoff (800) 596-8388
or (212) 505-5976
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