Borealis Energy Services Releases Results of Study on Use of Industrial Nanotech, Inc.'s Patented Nansulate® Insulation Coat...
October 05 2009 - 8:00AM
Business Wire
Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global
leader in nanoscience solutions, today announced the company’s
Alaskan distributor, Nanotech Energy Solutions, Inc., has received
preliminary results from a study by Fairbanks based Borealis Energy
Services on the performance of Nansulate® on steam pipes at surface
temperatures of 303 deg F for both surface temperature reduction
and reduction of heat loss. Preliminary results showed a 67 deg F
temperature difference after applying the Company’s patented
Nansulate® High Heat insulation and corrosion prevention coating on
the pipes at the standard application of 3 coats, which equates to
a final dry film thickness for the application of approximately
6/1000th of an inch. Borealis Energy, who has been researching the
product since July, will be forwarding a final report on their
results within 30 days.
“We received the preliminary results from Borealis Energy
services owner, Jonathan Hall,” stated Steve Mroz, President of
Nanotech Energy Solutions, Inc. “We were more than pleased with the
preliminary report. Borealis has been researching the product since
July. Their preliminary results state that the Nansulate will not
only reduce energy costs and eliminate corrosion for their
customers, but worker safety will also be improved. Multiple
contracts, which were pending until the final results from Borealis
were determined, are now moving forward. A detailed report on
their conclusions will be delivered within 30 days.”
Borealis Energy Services is one of the region’s leading
providers of energy and energy-related products and services. They
provide energy-related services to commercial, institutional and
industrial and users, and energy providers such as utilities,
municipalities, cooperatives and aggregators.
About Nanotech Energy Solutions, Inc.:
Nanotech Energy Solutions, Inc. is the exclusive distributor for
Nansulate® energy saving and asset protection coatings in Alaska.
They provide product and services for industry, oil and gas,
commercial and residential clients. Their mission is to provide
solutions to rising energy and fuel costs in their state. For
further information, please contact Nanotech Energy Solutions,
Fairbanks, AK at 907-451-7825.
About Nansulate(R)
Nansulate(R) 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 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
which are sold worldwide.
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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