NAPLES, Fla., July 12, 2005 (PRIMEZONE) -- Industrial Nanotech Inc. (Pink Sheets:INTK), an emerging nanotechnology-based solutions provider, today announced that Gulbrandsen Chemicals will be applying the Company's newest Nansulate(TM) Translucent coating at one of its chemical manufacturing facilities. The purpose of the application is to demonstrate Nansulate(TM) High Heat's ability to insulate and prevent corrosion on high temperature chemical vessels with approximate surface temperatures of 270F or 132C. The project will be overseen by the Company's NACE certified coating specialist Jeff Croll.
Stuart Burchill, Chief Executive Officer of Industrial Nanotech, stated, "We are very excited at the opportunity to enter the chemical manufacturing industry, which has the potential to become a multi-million-dollar market for our Nansulate Translucent coatings. With the recent release of our High Heat coating, we have a product that can provide unparalleled thermal insulation and corrosion protection in the most extreme temperature conditions frequently encountered within chemical manufacturing facilities, particularly by chemical vessels."
In addition to chemical vessels, the Company believes that its industrial coatings could serve multiple applications within Gulbrandsen's chemical manufacturing facilities. Gulbrandsen Chemicals, www.gulbrandsen.com, is a worldwide supplier of demanding applications including complex petrochemical chemistry, pharmaceutical applications, chemical-intermediate uses, and high-purity electronics chemicals. Gulbrandsen Technologies manufactures low-cost chemical solutions for multiple industries including water treatment, intermediates, pulp and paper and electronic etchants.
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 including Australia, Canada, Mexico, Japan, China, Korea, Norway, Columbia, Argentina, and Brazil.
For corporate and product information, please visit www.industrial-nanotech.com
The company logo for Industrial Nanotech Inc. is available at: http://www.primezone.com/newsroom/prs/?pkgid=1701
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.