NAPLES, Fla., June 13, 2006 (PRIMEZONE) -- Industrial Nanotech (Pink Sheets:INTK), a company that specializes in nanotechnology innovation and product development, today announced the successful application of the Company's Nansulate protective coating to provide thermal insulation and corrosion protection of dairy processing equipment. The Company is pleased to report that it has received a repeat order for Nansulate PT from a dairy plant located in Crowell, Texas.
Nansulate Translucent PT was used to coat dairy processing tanks and pipes in order to protect them against corrosion and insulate against heat loss, increasing efficiency of the manufacturing process by reducing both energy and corrosion-related expenses. The US Dairy industry is increasing annual production at a rate of approximately 2.8% per year, with current forecasts for 2007 milk production at 183 billion pounds. Given these massive production volumes and annual increases, energy conservation and equipment protection are becoming critical issues for the industry.
Francesca Crolley, V.P. of Operations & Marketing, explained, "The successful application of Nansulate on dairy processing equipment shows our continual penetration of new markets that span several industries, with energy conservation being the largest issue in many cases. Food manufacturing is a market that we have heavily targeted this year, demonstrated by our recent product applications at breweries in Mexico and this newest application in a dairy processing plant. Many companies are making energy savings a priority due to the increasing costs of oil and fuel, and this is the very issue for which our products can provide a cost effective solution."
About Nansulate(tm)
Nansulate is a product line of water-based translucent insulation coatings containing a nanotechnology-based material. Nansulate PT is a direct to metal coating for pipes, tanks and other metallic substrates and Nansulate GP is a general purpose formulation designed for wood, fiberglass and other non-metal substrates. Coatings that target extreme industrial environments include Nansulate Chill Pipe designed for low temperature applications on pipes and tanks and Nansulate High Heat designed for high temperature applications. Nansulate HomeProtect ClearCoat and HomeProtect Interior are designed for residential and commercial buildings and Nansulate LDX is designed for lead encapsulation applications. The coatings' ability to resist mold, prevent corrosion and provide thermal insulation is well-documented.
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 that address real-world needs through its funding of and participation in research with world-leading scientists and laboratories, including the U.S. Center 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.