Industrial Nanotech, Inc. Enters Roofing Market With New Product Line For Residential, Commercial, and Industrial Roofs
June 15 2009 - 7:00AM
Business Wire
Industrial Nanotech, Inc. (Pink Sheets: INTK) announced today
that the Company is entering the commercial, industrial and
residential roofing markets with a new line of lightweight roof
coatings that lower energy costs, provide protection against fire,
and keep roofs cleaner.
�We will be launching three new products in Q3 2009,� states
Stuart Burchill, CEO/CTO of Industrial Nanotech, Inc. �Nansulate�
RF-IC is designed for industrial and commercial flat roofs and
provides exceptional thermal insulation and protection against
fire. An example of a suitable application would be a factory or
school in California where the product will substantially lower air
conditioning bills and will protect the building from fire in the
event burning embers from wildfires fall on it. Nansulate� RF-M is
specifically designed for corrugated metal roofs and provides
exceptional thermal insulation and protection against corrosion.
Nansulate� RF-R is a clear coating designed for tile, slate, or
shingle roofs on residences and office or retail buildings and
provides exceptional thermal insulation and protection against
mold, mildew, and algae growth.�
Mr. Burchill continues, �These products will be offered
worldwide through our Company and through a network of exclusive
approved retailers and contractors. The roofing and re-roofing
market represents one of the largest total surface areas suitable
for our technologies and we are confident this patented line of
products, with their unique and valuable performance qualities,
will be successful in this arena. To offer some perspective, just
the US federal government work available is larger than almost
every other market sector we serve. Additionally, there are
international mandates to lower energy costs in both government and
private sector buildings and facilities.�
In December 2007, the U.S. Congress passed, and on December 19,
2007 the President signed into law, the Energy Independence and
Security Act (EISA) (Pub. Law 110-140) containing new energy use
requirements for federal buildings. EISA adopts the energy
intensity reduction goals of Executive Order 13423 beginning in FY
2008 with a 9 percent reduction and increasing to a 30 percent
reduction in FY 2015 for federal buildings including, but not
limited to, industrial, laboratory, and other energy intensive
facilities. Several states and cities have specifically passed, or
are planning to incorporate, requirements for �cool� roof
performance into their building codes. 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�
Nansulate� is the Company's patented product line of award
winning, 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, fire resistance, chemical resistance and
lead encapsulation in an environmentally safe, water-based, coating
formulation. The Nansulate� Product Line includes industrial,
residential, architectural, agricultural and solar thermal
insulation coatings. Additional information about the Company and
its products can be found at their websites,
(www.industrial-nanotech.com) and (www.nansulate.com). Blog:
www.nansulate.com/nanoblog, Twitter:
www.twitter.com/NanoPioneer.
About Industrial Nanotech Inc.
Industrial Nanotech Inc. is emerging as a global nanoscience
solutions and research leader and member of the U.S. Greenbuilding
Council and the American Solar Energy Society. The Company develops
and commercializes new and innovative applications for
nanotechnology.
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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