Press Release Source: Industrial Nanotech, Inc.
Industrial Nanotech, Inc. Announces Updates to Oil & Gas and Biofuels Projects
Thursday January 17, 8:00 am ET
Industrial Nanotech, Inc., an emerging global leader in nanotechnology, is pleased to announce updates on previously
reported projects as well as new projects in the Oil & Gas and Biofuels sectors.
Two new projects will begin in 2008. One project will be an initial application of the company’s patented Nansulate®
coatings by Abu Dhabi Gas Industries Ltd. (GASCO), at their Ruwais plant. The total size of this project has not yet been
determined and it will be ongoing. Operating since 1981, Abu Dhabi Gas Industries Ltd. (GASCO) is a subsidiary of the
Abu Dhabi National Oil Company (ADNOC) and one of the biggest industrial projects in the UAE. One of the largest gas
processing companies in the world, GASCO has four processing plants including the main Ruwais Fractionation plant
which can process 23,370 tonnes per day (7.8 million tonnes per year). The application is being overseen by the
company’s U.A.E. distributor, Al Samah Company.
The second new project is in the early planning phase and includes use of the Company’s Nansulate® coatings to
provide thermal insulation, corrosion resistance, and personnel protection on a variety of offshore and onshore topside
oil & gas equipment housings. The company is working on this project with a large multi-national company based in the
UK.
Updates on previously announced projects include:
Petrobras, Brazil – The company previously reported an estimated delivery date of the its nanotechnology based
coatings to Petrobras for 250 kilometers of pipeline for 4th Quarter, 2007. The timeline has since been revised by
Petrobras as a result of their project management team restructuring following their recent major oil discovery in the new
"ultra-deep sea" Tupi field of as much as 8 billion barrels of recoverable light crude, announced in 4th Quarter 2007.
The current updated projection for beginning delivery on the original project is early 3rd Quarter 2008. At the invitation
of Petrobras, Stuart Burchill, CEO/CTO of Industrial Nanotech, recently spent three days traveling with a team of senior
Petrobras engineers touring pipeline projects in remote regions of Brazil and defining detailed application protocols.
Discussions also included additional projects and applications for the Company’s products on deep sea drilling
applications. Mr. Burchill and the Company’s three person technical team, located in Rio de Janeiro, Brazil and whose
qualifications include a Ph.D. in engineering, continue to work closely with Petrobras engineers at the oil company’s
headquarters.
Greenlight Biofuels, Meridian, Mississippi – The company reported in November of 2007 that they would begin
delivery of more than 800 gallons of Nansulate to a new biofuel facility being built by Greenlight Biofuels, Ltd. The
company has begun delivery and the initial surface preparation to tanks, lines and other refinery equipment has
commenced. The application is being done by the company’s Oklahoma-based distributor, Pioneer Builders. The project
will continue into the spring, based upon current weather conditions, and an educational documentary of the application
is being filmed by videographer Gary Burris.
Socotherm - The Company is currently waiting for chemical composition data of certain materials transported through
deep sea drilling pipelines and, upon receipt of this data, will specify Nansulate coating applications for these projects
“We are very pleased with the progress that has been made towards integrating our technology into the standard
protocols of the oil & gas and biofuel markets,” stated Francesca Crolley V.P. of Operations & Marketing. “This is a
complicated industry with strict regulatory and environmental oversight, so gaining acceptance for a new technology for
their critical infrastructure is a process that takes patience and perseverance, but it is a major market sector worldwide
and the rewards for Industrial Nanotech and its shareholders will be substantial as we move forward. Ever since our
relationship with the Brazilian oil & gas giant, Petrobras, began in late 2006, we have seen a steady stream of projects
offered to us by the major international oil and gas corporations and we continue to work together with them to develop
the correct specifications for each application. Our attention to the new biofuels industry has also brought us excellent
synergies there and we look forward to working with Greenlight on other projects in the future, as well as introducing
Nansulate to other entities in this rapidly growing industry.”
About Nansulate(R)
Nansulate(R) is the Company's patented product line of specialty coatings containing a nanotechnology based material
and which are well-documented to provide the combined performance qualities of thermal insulation, corrosion
prevention, and resistance to mold growth in an environmentally safe, water-based, coating formulation. The Nansulate
(R) Product Line includes both industrial and residential coatings.
About Industrial Nanotech Inc.
Industrial Nanotech Inc. is quickly emerging as a global nanoscience solutions and research leader. The Company
develops and commercializes new and innovative applications for nanotechnology.
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. Reports 300% Increase In Sales of Energy Saving
Nansulate(R) HomeProtect
Monday January 7, 8:17 am ET
Industrial Nanotech, Inc. an emerging global leader in nanotechnology, today announced a record increase in sales to
homeowners for the six months ended December 31, 2007 for its Nansulate® HomeProtect Thermal Insulation & Mold
Resistance coatings.
“While all of our brands posted respectable positive sales increases for 2007, our HomeProtect product line sales
reached new heights with robust triple digit growth over 2006 and the second half of ’07 showing a 300% increase in
growth over the first half of ‘07,” said Francesca Crolley, V.P. of Operations & Marketing. “The recent increases in the
price of oil, as well as mounting concern about climate change, has made green building and energy conservation a
high priority worldwide. More pertinent to homeowners is the need to find cost effective ways to save money by
reducing energy bills. Our marketing campaign for our HomeProtect coatings is obviously beginning to take root, with a
recent mention in Woman’s Day Magazine and upcoming press in various builders and home improvement
publications. A sample of customers’ positive responses to our product’s effectiveness and case studies can be found
at our product website, www.nansulate.com. We have the right product at the right time and the dramatic increase in
HomeProtect sales is an indicator that the public is quickly recognizing the very real benefits of our energy saving
technology.”
Nansulate HomeProtect Clearcoat is a patented, clear, waterbased, environmentally safe coating that can be painted
over existing paint colors without changing the color and provides energy savings by reducing heat loss through walls,
ceilings, and attics.
About Nansulate(R)
Nansulate(R) is the Company's patented product line of specialty coatings containing a nanotechnology based
material and which are well-documented to provide the combined performance qualities of thermal insulation, corrosion
prevention, and resistance to mold growth in an environmentally safe, water-based, coating formulation. The Nansulate
(R) Product Line includes both industrial and residential coatings.
About Industrial Nanotech Inc.
Industrial Nanotech Inc. is quickly emerging as a global nanoscience solutions and research leader. The Company
develops and commercializes new and innovative applications for nanotechnology.
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.
Nansulate(R) HomeProtect
Monday January 7, 8:17 am ET
Industrial Nanotech, Inc. an emerging global leader in nanotechnology, today announced a record increase in sales to
homeowners for the six months ended December 31, 2007 for its Nansulate® HomeProtect Thermal Insulation & Mold
Resistance coatings.
“While all of our brands posted respectable positive sales increases for 2007, our HomeProtect product line sales
reached new heights with robust triple digit growth over 2006 and the second half of ’07 showing a 300% increase in
growth over the first half of ‘07,” said Francesca Crolley, V.P. of Operations & Marketing. “The recent increases in the
price of oil, as well as mounting concern about climate change, has made green building and energy conservation a
high priority worldwide. More pertinent to homeowners is the need to find cost effective ways to save money by
reducing energy bills. Our marketing campaign for our HomeProtect coatings is obviously beginning to take root, with a
recent mention in Woman’s Day Magazine and upcoming press in various builders and home improvement
publications. A sample of customers’ positive responses to our product’s effectiveness and case studies can be found
at our product website, www.nansulate.com. We have the right product at the right time and the dramatic increase in
HomeProtect sales is an indicator that the public is quickly recognizing the very real benefits of our energy saving
technology.”
Nansulate HomeProtect Clearcoat is a patented, clear, waterbased, environmentally safe coating that can be painted
over existing paint colors without changing the color and provides energy savings by reducing heat loss through walls,
ceilings, and attics.
About Nansulate(R)
Nansulate(R) is the Company's patented product line of specialty coatings containing a nanotechnology based
material and which are well-documented to provide the combined performance qualities of thermal insulation, corrosion
prevention, and resistance to mold growth in an environmentally safe, water-based, coating formulation. The Nansulate
(R) Product Line includes both industrial and residential coatings.
About Industrial Nanotech Inc.
Industrial Nanotech Inc. is quickly emerging as a global nanoscience solutions and research leader. The Company
develops and commercializes new and innovative applications for nanotechnology.
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 Announces Contract for Nansulate(R) Coating in Texas
``Green'' Housing Development to Provide Energy Savings
Wednesday November 28, 8:00 am ET
Industrial Nanotech, Inc., an emerging global leader in nanotechnology, announced today that its Oklahoma-based
distributor, Pioneer Builders, has been awarded a contract to supply the Company’s patented thermally insulating and
mold resistant coating, Nansulate® HomeProtect, for approximately 50 homes in a new “Green” residential
development in Sherman, Texas.
The development, North Haven, in Sherman, Texas begins construction in the first quarter of 2008 and includes 23
acres with 50 residential lots. Homeowners’ choice of floor plans determines the final value of the project to the
Company. Pioneer Builders will apply the nanotechnology-based coating on the walls and in the attics of the custom
built homes to increase their energy efficiency.
“This project is the first major residential project where the unique performance qualities of Nansulate will be utilized to
provide energy savings and cost savings for homeowners on their heating and cooling bills,” stated Francesca Crolley,
V.P. of Operations & Marketing for Industrial Nanotech, Inc. “Worldwide, energy efficient building methods are
becoming a priority for all responsible commercial and residential developers and in many countries government
regulations are being implemented which will require green building practices in all residential and commercial building
construction. It is well established that Nansulate provides an easy-to-use and cost effective way to increase the
energy efficiency of homes and buildings and to help builders meet green building objectives. We anticipate rapid
revenue growth in this sector.”
About Nansulate(R)
Nansulate(R) is the Company's patented product line of specialty coatings containing a nanotechnology-based
material and which are well-documented to provide thermal insulation, prevent corrosion, resist mold, chemical
resistance, and encapsulate lead. The Nansulate(R) Product Line includes both industrial and residential coatings.
About Industrial Nanotech Inc.
Industrial Nanotech Inc. is quickly emerging as a global nanoscience solutions and research leader. The Company
develops and commercializes new and innovative applications for nanotechnology.
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.
``Green'' Housing Development to Provide Energy Savings
Wednesday November 28, 8:00 am ET
Industrial Nanotech, Inc., an emerging global leader in nanotechnology, announced today that its Oklahoma-based
distributor, Pioneer Builders, has been awarded a contract to supply the Company’s patented thermally insulating and
mold resistant coating, Nansulate® HomeProtect, for approximately 50 homes in a new “Green” residential
development in Sherman, Texas.
The development, North Haven, in Sherman, Texas begins construction in the first quarter of 2008 and includes 23
acres with 50 residential lots. Homeowners’ choice of floor plans determines the final value of the project to the
Company. Pioneer Builders will apply the nanotechnology-based coating on the walls and in the attics of the custom
built homes to increase their energy efficiency.
“This project is the first major residential project where the unique performance qualities of Nansulate will be utilized to
provide energy savings and cost savings for homeowners on their heating and cooling bills,” stated Francesca Crolley,
V.P. of Operations & Marketing for Industrial Nanotech, Inc. “Worldwide, energy efficient building methods are
becoming a priority for all responsible commercial and residential developers and in many countries government
regulations are being implemented which will require green building practices in all residential and commercial building
construction. It is well established that Nansulate provides an easy-to-use and cost effective way to increase the
energy efficiency of homes and buildings and to help builders meet green building objectives. We anticipate rapid
revenue growth in this sector.”
About Nansulate(R)
Nansulate(R) is the Company's patented product line of specialty coatings containing a nanotechnology-based
material and which are well-documented to provide thermal insulation, prevent corrosion, resist mold, chemical
resistance, and encapsulate lead. The Nansulate(R) Product Line includes both industrial and residential coatings.
About Industrial Nanotech Inc.
Industrial Nanotech Inc. is quickly emerging as a global nanoscience solutions and research leader. The Company
develops and commercializes new and innovative applications for nanotechnology.
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.
Press Release Source: Industrial Nanotech, Inc.
Industrial Nanotech, Inc. Announces Product Launch - Begins Production of
Revolutionary Nansulate(R) EPX at New Manufacturing/Distribution Facility
Wednesday May 7, 8:21 am ET
NAPLES, Fla.--(BUSINESS WIRE)--Industrial Nanotech, Inc. (Pink Sheets:INTK - News), an emerging global leader in
nanotechnology, announced today that the Company has begun production of their revolutionary, patented,
Nansulate® EPX product line at the Company’s new manufacturing and distribution center in New Brunswick, NJ.
ADVERTISEMENT
“I was accompanied at the plant by two of my senior Ph.D. chemists for the first production scale run this past
Wednesday, April 30th, and we all agree that it went flawlessly,” states Stuart Burchill, CEO/CTO of Industrial
Nanotech, Inc. “Subsequent quality control analysis confirms that it meets our high standards and we are now filling
existing orders, beginning with the container shipments of approximately 1800 gallons each to our distributors who
have pre-ordered the product. The retail price of this product is $105.00 per gallon and it presents a great value
added proposition for our industrial and OEM clients with a fast cure time, revolutionary thermal insulation
performance, outstanding chemical resistance to both base and acid chemicals... including 95% concentration sulfuric
acid, long-term protection against metal corrosion in marine and deep sea environments, and exceptional fire
retardant properties. The coating can be applied from 1/8” thick to several inches thick.”
Mr. Burchill continues, “We chose to manufacture the product in New Brunswick, NJ because the facility there has the
capacity to meet the production volumes we project and it has close proximity to a major port, therefore significantly
lowering the cost and time of shipping to our valuable overseas clients in South America, Europe, Asia, Africa, and the
Middle East. With Industrial Nanotech, Inc. already experiencing a 302% year over year revenue growth rate from 2007
to 2008, as of YTD ending May 2nd... almost double our previous 4 year average year over year revenue growth of
162%... the addition of Nansulate EPX, a product which has generated tremendous interest and pre-sales worldwide,
promises to exponentially increase our already undeniably explosive growth rate.”
Nansulate® EPX is the Company’s newest addition to their line of nanotechnology-based coatings which has a four
year track record of providing energy and cost saving solutions for industry and homeowners worldwide. Nansulate®
EPX combines superior thermal insulating ability with excellent corrosion resistance, chemical resistance, and flame
resistance, making it a unique and powerful protective coating for a wide variety of industrial and commercial plant,
equipment, and building applications. Literature and additional information about this product is currently in production
and will be made available on the Company’s website during the month of May. Additional variations of Nansulate EPX
tailored to specific customers are currently in the final phases of development and further information regarding these
unique products will be released in the near future.
Industrial Nanotech, Inc. Announces Product Launch - Begins Production of
Revolutionary Nansulate(R) EPX at New Manufacturing/Distribution Facility
Wednesday May 7, 8:21 am ET
NAPLES, Fla.--(BUSINESS WIRE)--Industrial Nanotech, Inc. (Pink Sheets:INTK - News), an emerging global leader in
nanotechnology, announced today that the Company has begun production of their revolutionary, patented,
Nansulate® EPX product line at the Company’s new manufacturing and distribution center in New Brunswick, NJ.
ADVERTISEMENT
“I was accompanied at the plant by two of my senior Ph.D. chemists for the first production scale run this past
Wednesday, April 30th, and we all agree that it went flawlessly,” states Stuart Burchill, CEO/CTO of Industrial
Nanotech, Inc. “Subsequent quality control analysis confirms that it meets our high standards and we are now filling
existing orders, beginning with the container shipments of approximately 1800 gallons each to our distributors who
have pre-ordered the product. The retail price of this product is $105.00 per gallon and it presents a great value
added proposition for our industrial and OEM clients with a fast cure time, revolutionary thermal insulation
performance, outstanding chemical resistance to both base and acid chemicals... including 95% concentration sulfuric
acid, long-term protection against metal corrosion in marine and deep sea environments, and exceptional fire
retardant properties. The coating can be applied from 1/8” thick to several inches thick.”
Mr. Burchill continues, “We chose to manufacture the product in New Brunswick, NJ because the facility there has the
capacity to meet the production volumes we project and it has close proximity to a major port, therefore significantly
lowering the cost and time of shipping to our valuable overseas clients in South America, Europe, Asia, Africa, and the
Middle East. With Industrial Nanotech, Inc. already experiencing a 302% year over year revenue growth rate from 2007
to 2008, as of YTD ending May 2nd... almost double our previous 4 year average year over year revenue growth of
162%... the addition of Nansulate EPX, a product which has generated tremendous interest and pre-sales worldwide,
promises to exponentially increase our already undeniably explosive growth rate.”
Nansulate® EPX is the Company’s newest addition to their line of nanotechnology-based coatings which has a four
year track record of providing energy and cost saving solutions for industry and homeowners worldwide. Nansulate®
EPX combines superior thermal insulating ability with excellent corrosion resistance, chemical resistance, and flame
resistance, making it a unique and powerful protective coating for a wide variety of industrial and commercial plant,
equipment, and building applications. Literature and additional information about this product is currently in production
and will be made available on the Company’s website during the month of May. Additional variations of Nansulate EPX
tailored to specific customers are currently in the final phases of development and further information regarding these
unique products will be released in the near future.
|
 | |  | |  | |  |
| North Bay Nano |