Industrial Nanotech, Inc. Announces New Commercial Roof Insulation Development Project
March 05 2008 - 8:00AM
Business Wire
Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global
leader in nanotechnology, today announced that the Company will be
entering the commercial roof insulation market through the
development of a lightweight thermal insulation tile for a major
commercial roofing company. �We recently received a request to
supply a product which can be integrated into current standard
commercial roofing materials,� stated Stuart Burchill, CEO/CTO of
Industrial Nanotech, Inc. �This is a product line we have been
working on for several years and we are quite confident that we can
integrate our current capabilities into products that are Energy
Star qualified and will be widely used on the roofs of warehouses,
manufacturing facilities, office buildings, and public facilities.
In addition, we have started establishing distribution channels,
the first of which includes a well established commercial roofing
contractor doing high volume, large scale projects. We anticipate
that this market will quickly come to represent one of the largest
revenue streams for Industrial Nanotech, Inc.� The roofing market
in the US was a $12.7 billion in 2006 and global demand for roofing
materials is estimated to grow to $54 billion by 2010. Rising
energy costs have made energy efficient roofing materials a
priority in both new construction and re-roofing projects. About
Nansulate(R) Nansulate(R) 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, and
resistance to mold growth in an environmentally safe, water-based,
coating formulation. The Nansulate(R) Product Line includes both
industrial and residential coatings. About Industrial Nanotech Inc.
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). 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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