Industrial Nanotech, Inc. Sales Growth Accelerates for Company’s Products in Middle East
August 24 2009 - 7:00AM
Business Wire
Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global
leader in nanoscience solutions, today announced that the Company’s
sales are growing rapidly in the Middle East through their
established distributor, Nanofan Industrial Coatings, Ltd., in the
UAE., Bahrain, Oman and Qatar, and the company’s new distributor,
Saudi Environmental Projects Ltd., in Saudi Arabia.
“We have seen increased adoption of Nansulate in the Middle East
and we are currently preparing additional shipments of our products
to both the UAE and Saudi Arabia,” stated Francesca Crolley, V.P.
Business Development for Industrial Nanotech, Inc. “Our UAE
distributor, Nanofan, has promoted Nansulate extensively and has
experienced growing success in several markets, including
petrochemical and industrial. They have completed projects at
several petrochemical facilities to provide insulation and asset
protection to tanks, pipes and equipment. Their latest ongoing
project, which we are highlighting in our corporate blog
(http://www.nansulate.com/nanoblog), is on several pieces of heavy
equipment and tractors where the bodies are being coated with
Nansulate to increase longevity in the harsh climate. They have
also successfully expanded into commercial buildings and
apartments, recently completing a project at a housing complex to
increase building energy efficiency and they are currently bidding
on a 5000 unit residential complex.”
“We have also received the first order from our new distributor
for Saudi Arabia, Saudi Environmental,” continued Ms. Crolley, “We
are working closely with them to train their sales and marketing
and technical staff and we look forward to continued and rapid
growth in that country as well.”
About Nansulate(R)
Nansulate(R) 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(R) Product Line includes industrial,
residential, 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 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
which are sold worldwide.
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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