NAPLES, Fla., May 11, 2006 (PRIMEZONE) -- Industrial Nanotech (Pink Sheets:INTK), a company that specializes in nanotechnology innovation and product development, today announced that Plant Werx Pte Ltd. has become the Company's distributor in Singapore and Malaysia, placing a 200 gallon order of the Company's Nansulate Translucent coatings for initial inventory.
Plant Werx, www.plantwerx.com.sg, specializes in providing intelligent automation systems that optimize the performance of processes in several industries such as utilities, oil, chemicals, and food and beverage.
"The addition of a reputable distributor for our Nansulate coatings in Singapore and Malaysia continues our successful market expansion in the Far East. These regions are critical to our global success due to their rapid growth and because local management of the facilities generally tend to be very receptive to new technologies such as ours," stated Francesca Crolley, VP of Operations and Marketing. "For example, Turkey and Thailand have been some of our most successful countries in terms of initial sales and sales growth, including a recent order for Nansulate's use in the construction of a new international airport in Bangkok," continued Crolley.
Andrew Ng, Business Development Director (S.E. Asia), Plant Werx Pte Ltd., added, "We read with interest (about) your products of heat insulation and corrosion inhibitors using nanotechnology. Being based in Singapore and Malaysia and serving the process industries we have strong contacts in this area. We see a strong replacement market for insulation of piping, heat exchangers, boiler systems and chilled water systems."
Singapore has become a major worldwide banking, ship building and petroleum center. Important market sectors for U.S. businesses exporting goods to Singapore include machinery, aircraft and parts, optical and medical instruments, pharmaceuticals, plastics and electronic components.
About Nansulate(tm)
Nansulate(tm) is a water-based translucent insulation coating containing a nanotechnology based material. The coating's ability to resist mold, prevent corrosion and provide thermal insulation is well-documented. The Company and its licensed distributors distribute Nansulate(tm) products worldwide.
About Industrial Nanotech Inc.
Industrial Nanotech Inc., (Pink Sheets:INTK) is a global nanoscience solutions and research leader. The company seeks to introduce new and innovative marketing applications for nanotechnology by participating with world leading scientists and laboratories, including Sandia National Laboratories and Princeton Polymers Laboratories. Industrial Nanotech Inc. continues to develop and commercialize nanoscience solutions, such as Nansulate(tm) products, that address real-world needs. Its products are currently being tested by Global 100 companies for potential use.
See www.industrial-nanotech.com for more information.
The Industrial Nanotech, Inc. logo is available at http://www.primezone.com/newsroom/prs/?pkgid=1701
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.