NEW YORK, June 26, 2007 (PRIME NEWSWIRE) -- Wall Street Reporter Magazine has just published an exclusive interview with Paul Clayson, Chairman and Chief Executive Officer of nCoat Inc. (OTCBB:NCOA), delineating his company's success in commercializing its innovative nanotechnology-derived and traditional materials coatings.
"This is a very unique strategic play using brand-new technology, nanotechnology," Mr. Clayson explains to Wall Street Reporter senior analyst Kilian Brandon. "We sold almost $1 million of nano materials last year."
The 19-minute interview is now available at http://wallstreetreporter.com in streaming audio, MP3, and text format -- all free of charge.
Highlights include detailed discussions of the following topics:
* nCoat's unique product line, which combines high-performance materials deriving from both traditional chemistry and nanotech processes to shield components from heat, corrosion, or other environmental factors while providing "a performance bump that is significantly above everything that has been seen in the industry so far." * The impact of nCoat technology in the over-the-road trucking industry as a way to solve the problem of meeting new diesel emissions standards in a way that avoids damaging the equipment. "A lot of degradation began to happen to the various metal infrastructure of the engine," when emissions began to be re-circulated, Mr. Clayson says. "A lot of corrosion was taking place." * How the company's intellectual property covers not only the coating materials themselves but the techniques with which they are applied. * The company's aggressive M&A objectives. "This particular market is not only rapidly growing; it is characterized by a number of very small coatings companies," he explains. "That creates a strategic acquisition opportunity for us," to strategically consolidate both products and customers. * Emerging commercial relationships with aerospace and automotive manufacturers in particular.
"We're meeting with a lot of very high interest in that business model," he tells Wall Street Reporter.
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About nCoat Inc.
Formed in 2004, nCoat, Inc. is an emerging nanotechnology company focused on the development of new nano-formulated and traditional coatings that make it an international leader in the development and marketing of coatings applied to metal, ceramics, fabric, and other materials. The company specializes in nanotechnology research, commercialization, licensing, and distribution, and through its subsidiary companies develops and distributes commercially viable proprietary nanotechnology and traditional coatings products. At nCoat, we invite the world to "Innovate with us."
Forward-Looking Statements
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.