Industrial Nanotech, Inc. Experiences Rapid Expansion of Global Distribution Network
Increased Energy Costs and Global Economic Concerns Fuel Increased Interest in Company's Energy Saving Products Worldwide
NAPLES, Fla. -- Industrial Nanotech, Inc. (Pink Sheets:INTK - News), an emerging global leader in nanotechnology, announced that the Company's patented Nansulate® energy saving protective coatings are now sold in 33 countries and applicants for Exclusive Distributor status are currently under review for the countries of Russia, India, Sweden, Brunei, Bulgaria, Romania, and Korea. Negotiations for placement of the Company's products in retail stores are underway in the US, New Zealand, Canada, and Europe.
"We are experiencing a dramatic increase in the number of companies purchasing and applying to purchase the distribution rights for our products in countries around the world. This is no small vote of confidence on their part since they are required to submit an application and, if approved, make a significant financial commitment and agree to quotas based on population and economic factors," stated Francesca Crolley V.P. of Operations & Marketing. "The exponential increase in awareness of our Company and its products has resulted in competition for the right to sell our products in several countries. We believe that this is an excellent indication that we are well positioned to prosper in this rapidly changing economic climate where saving energy, reducing carbon emissions, and saving money have become a significant priority to individuals and corporations globally. The very real and substantial financial return on initial investment that the application of our Nansulate product line produces for both homeowners and heavy industry is well documented."
About Industrial Nanotech Inc.
Nansulate® is the Company's patented product line of 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, and lead encapsulation in an environmentally safe, water-based, coating formulation. The Nansulate® Product Line includes both industrial and residential coatings.
Industrial Nanotech Inc. is quickly emerging as a global nanoscience solutions and research leader. The Company develops and commercializes new and innovative applications for nanotechnology. Additional information about the Company and its products can be found at their websites, (http://www.industrial-nanotech.com) and (http://www.nansulate.com).
The Cervelle Group
Rob Karbowsky
Managing Partner
