Industrial Nanotech, Inc. Expands Reach to Alaskan Territory with New Distributor for the Company's Patented Nansulate Energy Sa
September 22 2008 - 8:00AM
Business Wire
Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global
leader in nanotechnology, announced today that it has awarded
exclusive distributorship rights for the state of Alaska to
Nanotech Energy Solutions, Inc., a company that specializes in
energy saving solutions for oil and gas, industrial, commercial,
and residential customers. �With rainfall exceeding 150 inches in
the southeast regions, causing severe mold and corrosion problems,
and the extreme cold (-80 below) 2000 miles away in the arctic
regions where corrosion under insulation solutions are desperately
needed on the state's numerous oil and gas facilities, it was clear
that a new and unique solution was needed,� explained Steve Mroz,
Nanotech Energy Solutions, Inc. �After researching the products
from Industrial Nanotech we knew we could offer every Alaskan big
or small solutions to these problems. And although a sales call
could consist an all day flight to the north slope oil fields or a
trip into a remote community by float plane we are up for the
challenge of providing energy saving solutions where they are
desperately needed.� Enstar Natural Gas Company, a major energy
supplier to the residents and industries of Alaska, is reported to
be planning to raise its rates for heating homes by at least 22
percent starting in January to pay for soaring fuel costs. For big
customers like the Anchorage School District, the extra heating
cost will amount to about $900,000 of unbudgeted costs. About
Nanotech Energy Solutions, Inc. Nanotech Energy Solutions is headed
by a team with close to 30 years experience in successful business
operations in the unique climate of Alaska. Their operations
include a modern storefront, customer showroom, and warehouse
facility in Fairbanks, Alaska, with expansion upcoming to
Anchorage, Juneau and Wasilla. The company can be reached by phone
at 907-978-7825. 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, resistance to mold growth, and lead
encapsulation 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.
Industrial Nanotech (PK) (USOTC:INTK)
Historical Stock Chart
From Jul 2024 to Jul 2024
Industrial Nanotech (PK) (USOTC:INTK)
Historical Stock Chart
From Jul 2023 to Jul 2024