Industrial Nanotech, Inc. Expands New EPX Product Line
July 14 2008 - 7:00AM
Business Wire
Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global
leader in nanotechnology, today announced that the Company has
released a second addition to their patented revolutionary new
water-based Nansulate EPX line. EPX-K will offer the same
outstanding corrosion and chemical resistance as their EPX-4
product, with increased thermal resistance and greater ease of
application due to lower viscosity. �This second unique epoxy
product creates an additional tremendous revenue opportunity for
Industrial Nanotech, Inc.,� stated Francesca Crolley, V.P. Of
Operations & Marketing. �The first product in the EPX line,
EPX-4, provides an industry high thermal insulation capability,
with laboratory tests showing a K value of only 0.027 W/mK,
combined with exceptional fire resistance, protection against
corrosion, and excellent chemical resistance. The demand for this
product has been immediate and substantial and we began shipping
product worldwide last week. The newest addition to the EPX product
line, EPX-K, offers an increase in thermal resistance and the same
corrosion protection and chemical resistance. The EPX-4 product
will be the one to use if fire resistance is a desired attribute,
and EPX-K will be the product of choice if a customer is looking
for easier application by brush instead of specialized spray
equipment or trowel.� Ms. Crolley continues, �This opens up markets
throughout areas of important, rapidly expanding regions of the
world, including India, China, and Brazil, where the need for a
product like this is high, but the access to industrial application
equipment is more limited in many areas. The recent substantial
increase in the number of inquiries and level of interest in our
products from India was the catalyst for the creation of this
version of the EPX system technology.� Nansulate(R) EPX is the
Company's newest addition to their line of nanotechnology-based
coatings which has a four year track record of providing energy and
cost saving solutions for industry and homeowners worldwide.
Nansulate(R) EPX combines superior thermal insulating ability with
excellent corrosion resistance, chemical resistance, and flame
resistance in the EPX-4 version, making it a unique and powerful
protective coating for a wide variety of industrial and commercial
plant, equipment, and building applications. The EPX product line
presents a great value added proposition for industrial and OEM
clients with a fast cure time, revolutionary thermal insulation
performance, outstanding chemical resistance to both base and acid
chemicals... including 95% concentration sulfuric acid, and
long-term protection against metal corrosion in marine and deep sea
environments. The coating can be applied from 1/8" thick to several
inches thick.� 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 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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