Mexico’s Federal Electricity Commission Determines that Nansulate® Insulating Coatings Offer Substantial Energy Savings
September 25 2009 - 7:00AM
Business Wire
Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global
leader in nanoscience energy saving solutions, today announced the
release of a report by Mexico’s CFE (Comision Federal de
Electicidad, Federal Electricity Commission), summarizing a study
they completed on the company’s nanotechnology-based insulating
coatings, Nansulate®. The study found that the coatings provided
significant energy savings during both day time and night time
hours. The findings of the study qualify Nansulate® for the energy
efficiency rebate program offered by INFONAVIT, Mexico’s state
owned, and largest, mortgage provider. The company’s exclusive
Mexican distributor, Distribuidora Nano de America S.A. de C.V.,
estimates that the initial number of units to utilize Nansulate®,
designated as Nr1 homes, is approximately 600,000 units, with a
roof area of 36 square meters per unit.
“The CFE report shows how effective the coating is even though
the roof area was the only one insulated, with no other part of the
units having any insulation whatsoever,” explained Carlos Medina
Erhard, of Distribuidora Nano de America.
Francesca Crolley, V.P. Business Development for Industrial
Nanotech, Inc., continues, “We look forward to the use of Nansulate
in the Mexican government’s energy rebate program and to further
inclusion and recognition by other forward thinking and well
informed governments, including our own. The study is significant
in that it shows that our products are effective in residential
environments during a full 24 hour cycle, not just during the
daylight hours. Additional benefits will be experienced by the
homeowners who choose to use the product on the walls of their
homes also.”
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 Distribuidora Nano de America S.A. de C.V.
Distribuidora Nano de America is a manufacturer and distributor
of coatings developed with nanotechnology. They represent important
research companies from Europe and the United States. All their
products are related to energy saving, water saving and
anti-bacterial coatings. Nansulate® is their main product line and
has proved to be an excellent energy saving and anticorrosion
material. Additional information about the company can found at
www.de-nano.com.mx
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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