Industrial Nanotech, Inc. Energy Saving Coating Receives Official Building Code Approvals for the European Union
April 09 2008 - 7:06AM
Business Wire
Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global
leader in nanotechnology, announced today that the Company�s
patented Nansulate energy saving protective coatings are now
approved under the stringent EU building codes. The approval
certification for building construction standards in the European
Union was obtained by the Company�s distributor for Italy and
Spain, Aktarus Group, based in Milan, Italy. �This is a significant
milestone for Industrial Nanotech in the European building
insulation market,� stated Francesca Crolley, V.P. of Operations
and Marketing. �Nansulate has proven its effectiveness and gained
market share in the EU in the industrial and �do-it-yourself�
homeowner markets for the last four years. This certification will
open many doors for its use throughout Europe in the burgeoning
market of commercial and residential building insulation. Energy
conservation through the efficient use of resources has become a
priority for governments across Europe. Energy prices continue to
soar and governments are putting in place standards and guidelines
to compel limitation of energy consumption. Hence, the government,
builders, and consumers are demanding more efficient thermal
insulation materials for buildings and our Nansulate products offer
them that solution.� Nansulate was tested by Istituto De Ricerche E
Collaudi M. Massini, of Milan, Italy, a highly regarded institute
which has been operating in the field of quality control and
certification of products for over 35 years. Their product test and
certification activities include food, chemical, ecological,
building, electrical, mechanical, metallurgy, health, and textile
sectors. Nansulate was tested according to building insulation
specifications and was approved according to results from the UNI
EN ISO 8990:1999 test method. Recent EU energy conservation
legislation, The European Union Directive on the Energy Performance
of Buildings, was mandated to be incorporated into national
legislation for all Member Countries by January 2006. This
legislation requires a decrease in the energy consumption of
public, commercial, and private buildings in all Member States and
is a vital component of the EU�s strategy to meet its Kyoto
Protocol commitments. 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 quickly emerging as 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.
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