NAPLES, Fla., Oct. 10, 2006 (PRIMEZONE) -- Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging growth company specializing in nanotechnology innovation and product development, today announced that its Nansulate Translucent GP coating has received NSF registration for nonfood compounds by NSF International, The Public Health and Safety Company(tm).
The NSF Nonfood Compounds Registration Program is a continuation of the USDA product approval and listing program. The NSF name is internationally respected, and NSF is known for its close working relationships with the World Health Organization (WHO) as well as the EPA, FDA, and USDA in the United States and other public health agencies abroad.
Nansulate was approved for NSF registration in the R-2 category, which includes use on structural surfaces or surfaces with the possibility of incidental food contact. The Nansulate coatings are nanotechnology based and provide a single solution for thermal insulation, corrosion protection and mold resistance for both industrial and residential applications.
"The food and beverage industry is strictly regulated and its companies are limited in the products they can use on their facilities and equipment due to public health concerns. The NSF Nonfood Compound Registration creates a tremendous opportunity for our Company to fill an existing need, allowing Nansulate to gain a stronger position in this multi-billion dollar industry," commented Francesca Crolley, V.P. of Operations and Marketing at Industrial Nanotech, Inc. "We currently have a number of companies that have expressed a strong interest in using our coatings but could not until we obtained the required NSF Registration approval. Beverage manufacturing, chain fast food establishments, and poultry processors and distributors are just a few of the industry sectors that have contacted Industrial Nanotech regarding our products. In fact, this is what initially prompted us to go through the rigorous approval process required for the NSF registration of our product."
Crolley also added, "Our projects at companies like Grupo Modelo, makers of Corona Beer, and others in the food and beverage industry show that our coating is a perfect solution for this sector's needs since it is critically important for these companies to safely control their heat and cold processes. Now that we have approval, I believe the food and beverage industry will become one of our fastest growing market sectors in the coming months."
About NSF International
NSF International, an independent, not-for-profit organization, helps protect you by certifying products and writing standards for food, water, air and consumer goods (www.nsf.org). Founded in 1944, NSF is committed to protecting public health and safety worldwide. NSF is a World Health Organization Collaborating Centre for Food and Water Safety and Indoor Environment.
About Nansulate(tm)
Nansulate is a product line of water-based translucent insulation coatings containing a nanotechnology-based material well-documented to provide thermal insulation, prevent corrosion and resist mold. The entire Nansulate Product Line includes: Nansulate GP, Nansulate PT, Nansulate Chill Pipe, Nansulate High Heat, Nansulate HomeProtect ClearCoat and HomeProtect Interior, and Nansulate LDX.
Nansulate GP is a general purpose formulation designed for wood, fiberglass and other non-metal substrates and Nansulate PT is a direct to metal coating for pipes, tanks and other metallic 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.
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.
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.