Industrial Nanotech, Inc.'s Product Sales and Revenue Trend Increase Over Same Period 2008
May 12 2009 - 8:00AM
Business Wire
Industrial Nanotech, Inc. (Pink Sheets: INTK) announced today
that the Company�s product sales in April 2009 represent a 12%
increase over April 2008.
�We have experienced a significant increase in activity and
worldwide product sales for Nansulate� energy saving & asset
protection coatings in the month of April, 2009, to levels which
not only meet, but exceed, our sales in April of 2008,� states
Francesca Crolley, VP of Operations and Marketing for Industrial
Nanotech, Inc. �Large projects that had been put on hold due to our
customers� lack of access to their usual credit lines are now
starting up again and we are also seeing our revenue stream of
sales which regularly come in from all over the world on a weekly
basis again showing the level of growth we expect. We are
optimistic that this revenue trend will continue and every
indication from the increase in product inquiries and confirmed
upcoming projects is that 2009 will be another year of strong
revenue growth rates for Industrial Nanotech, Inc.�
About Nansulate�
Nansulate� is the Company's patented product line of award
winning, 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, fire resistance, chemical resistance and
lead encapsulation in an environmentally safe, water-based, coating
formulation. The Nansulate(R) Product Line includes industrial,
residential, agricultural and solar thermal insulation coatings.
Additional information about the Company and its products can be
found at their websites, (www.industrial-nanotech.com) and
(www.nansulate.com). Blog: www.nansulate.com/nanoblog, Twitter:
www.twitter.com/NanoPioneer.
About Industrial Nanotech Inc.
Industrial Nanotech Inc. is emerging as a global nanoscience
solutions and research leader and member of the U.S. Greenbuilding
Council and the American Solar Energy Society. The Company develops
and commercializes new and innovative applications for
nanotechnology.
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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