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Industrial
Nanotech, Inc. Announces Product Launch
Other Topics:
Nano Conference
Industrial Nanotech, Inc.
May 9, 2008
Industrial Nanotech, Inc., an emerging global leader in
nanotechnology, announced recently that the Company has
begun production of their revolutionary, patented,
NansulateEPX product line at the Company's new manufacturing
and distribution center in New Brunswick, NJ.
"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." |
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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."
NansulateEPX 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. NansulateEPX 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.
About Nansulate
Nansulate 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,
resistance to mold growth, lead encapsulation, chemical
resistance and flame resistance in an environmentally safe,
water-based, coating formulation. The Nansulate 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. Additional
information about the Company and its products can be found
at their websites, www.industrial-nanotech.com and
www.nansulate.com. |
