NAPLES, Fla., April 11, 2006 (PRIMEZONE) -- Industrial Nanotech (Pink Sheets:INTK) is pleased to announce that the performance automaker Porsche AG, based in Weissach, Germany, has recently placed an order for Nansulate HH and Nansulate PT to demonstrate the effectiveness of the protective coatings on its vehicles. Porsche requested and reviewed technical information on the Company's products prior to placing the order and is the third European luxury performance automaker to recently contact the Company.
As reported previously, Industrial Nanotech has been working with a Big Three automaker in the United States for the purpose of incorporating the Company's Nansulate coatings into production vehicles to increase energy savings, lower fuel consumption, and increase performance. Additionally, Nansulate has been used by a major NASCAR race team because of its ability to create thermal barriers for specialized areas on racecars around the world. The technology was recently mentioned as a contributing factor in the recent success experienced by Ford Supercar Race Team in Australia by one of their drivers during a television interview.
Francesca Crolley, VP of Operations and Marketing, commented, "We are very pleased to see that European luxury performance auto manufacturers are taking notice of our coatings' abilities to conserve energy on production models and enhance performance. This is an industry that we believe can benefit greatly from our coatings' thermal insulation properties, particularly because energy conservation and fuel efficiency of automobiles is quickly becoming a top priority for consumers and environmentalists. Industrial Nanotech anticipates positive results from the use of Nansulate as well as a large influx of interest in our insulation coatings from automakers worldwide."
About Nansulate(tm)
Nansulate(tm) is a water-based tinted or translucent insulation coating containing a nanotechnology based material. The coating's ability to resist mold, prevent corrosion and provide thermal insulation is well-documented. The Company and its licensed distributors distribute Nansulate(tm) products worldwide.
About Industrial Nanotech Inc.
Industrial Nanotech Inc. 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 the U.S. Center Centers for Integrated Nanotechnology (CINT) and Princeton Polymers Laboratories.
See www.industrial-nanotech.com for more information.
The Industrial Nanotech Inc. logo is available at: http://www.primezone.com/newsroom/prs/?pkgid=1701
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.