NAPLES, Fla., Nov. 16, 2005 (PRIMEZONE) -- Industrial Nanotech Inc. (Pink Sheets:INTK) today announced the release of a new nanotechnology-based coating designed to provide energy savings and mold protection for residential and commercial buildings. Nansulate HomeProtect Interior, a white, tintable interior coating and Nansulate HomeProtect ClearCoat, a translucent, exterior coating, are the newest products added to the Company's current line of insulation and corrosion protection coatings designed for heavy industry. Nansulate HomeProtect Coatings inhibit the growth of mold without the use of poisonous moldicides.
Industrial Nanotech's coatings can be applied to the walls and attics in homes, office buildings, or commercial facilities in order to reduce energy consumption and prevent the growth of mold. According to projections by the Energy Information Administration, heating a home with natural gas could cost an average of about $1,200 this winter, up from $1,000 last year. The most effective way to conserve energy used to heat a home is for consumers to add insulation, reducing heat loss and heating bills.
"Although the original Nansulate Translucent line was created for heavy industry, it also has proved to be popular in the home improvement and construction industries among homeowners, architects and other consumers," commented Francesca Crolley, VP of Operations and Marketing for Industrial Nanotech. "Our HomeProtect products were specifically developed as a result of the numerous testimonials sent to us by customers around the world who had used our industrial products for residential applications. They possess the added benefit of mold prevention as well as insulation in an inexpensive, easy to use application. We decided that with rising energy costs this winter, this was an ideal time for their introduction to the marketplace."
Nansulate HomeProtect Interior and Nansulate HomeProtect ClearCoat exterior coating can be purchased on the Company's website, www.industrial-nanotech.com.
About Industrial Nanotech Inc.
Industrial Nanotech Inc. produces and sells high performance coatings primarily designed for the heavy industry, manufacturing and shipping markets. The Company conducts nanoscience-related research in advanced materials and industrial applications at facilities in New Mexico, Colorado, and New Jersey. Products are available directly from the company or through a rapidly growing worldwide network of exclusive distributors. Industrial Nanotech currently has distributors in countries throughout the world.
For corporate and product information, please visit www.industrial-nanotech.com.
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.
The company logo for Industrial Nanotech Inc. is available at: http://www.primezone.com/newsroom/prs/?pkgid=1701