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Industrial
Nanotech, Inc. Expands New EPX Product Line
Other Topics:
Nanotech Prize
Industrial Nanotech, Inc.
July 16, 2008
Naples, FL -- Industrial Nanotech, Inc. (Pink Sheets:INTK),
an emerging global leader in nanotechnology, today announced
that the Company has released a second addition to their
patented revolutionary new water-based Nansulate EPX line.
EPX-K will offer the same outstanding corrosion and chemical
resistance as their EPX-4 product, with increased thermal
resistance and greater ease of application due to lower
viscosity. |
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"This second unique epoxy product
creates an additional tremendous revenue opportunity for
Industrial Nanotech, Inc.," stated Francesca Crolley, V.P.
Of Operations & Marketing. "The first product in the EPX
line, EPX-4, provides an industry high thermal insulation
capability, with laboratory tests showing a K value of only
0.027 W/mK, combined with exceptional fire resistance,
protection against corrosion, and excellent chemical
resistance. The demand for this product has been immediate
and substantial and we began shipping product worldwide last
week. The newest addition to the EPX product line, EPX-K,
offers an increase in thermal resistance and the same
corrosion protection and chemical resistance. The EPX-4
product will be the one to use if fire resistance is a
desired attribute, and EPX-K will be the product of choice
if a customer is looking for easier application by brush
instead of specialized spray equipment or trowel."
Ms. Crolley continues, "This opens up markets throughout
areas of important, rapidly expanding regions of the world,
including India, China, and Brazil, where the need for a
product like this is high, but the access to industrial
application equipment is more limited in many areas. The
recent substantial increase in the number of inquiries and
level of interest in our products from India was the
catalyst for the creation of this version of the EPX system
technology."
Nansulate(R) 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(R) EPX combines
superior thermal insulating ability with excellent corrosion
resistance, chemical resistance, and flame resistance in the
EPX-4 version, making it a unique and powerful protective
coating for a wide variety of industrial and commercial
plant, equipment, and building applications. The EPX product
line presents a great value added proposition for 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, and long-term protection against metal
corrosion in marine and deep sea environments. The coating
can be applied from 1/8" thick to several inches thick."
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,
resistance to mold growth, and lead encapsulation 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 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,
(http://www.industrial-nanotech.com) and
(http://www.nansulate.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. |
