Industrial Nanotech, Inc. CEO to Meet with Key Leaders of Saudi Industry in Riyadh, Saudi Arabia
March 09 2010 - 8:05AM
Business Wire
Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global
leader in nanoscience solutions, announced that the Company’s CEO,
Stuart Burchill, will be traveling to Riyadh, Saudi Arabia during
the fourth week of March, 2010 for meetings with leaders of
industry in Saudi Arabia at the invitation of HRH Prince Abdullah
bin Mosaad Bin Abdulaziz Al-Saud, one of the Kingdom's most
prominent businessmen and industrialists and the Chairman of the
Company’s exclusive distributor in Saudi Arabia, Saudi
Environmental Projects, Ltd,.
At a cost of more than $60 billion, Saudi Arabia has planned and
begun constructing four major metropolitan cities designed to be
global economic and manufacturing centers. The Kingdom’s vision for
the Economic Cities is to contribute more than $150 billion US in
annual GDP, to create over a million jobs, and to become home to
4-5 million residents by 2020. Strategically located around the
Kingdom to utilize regional strengths, these cities will feature
modern building design and will make use of the most advanced
digital and technical infrastructure and world-class services. The
Economic Cities are being developed based on smart design
principles and SAGIA is working with leading environmental
institutions to ensure that the Economic Cities are developed with
the environment in mind. The goal of SAGIA is to position the
Economic Cities as global leaders in commerce and industry,
strategically located between East and West, and as environmental
leaders by using Leadership in Energy and Environmental Design
(LEED) to minimize negative environmental impacts and promote
energy efficiency and sustainable development.
HRH Prince Abdullah bin Mosaad Bin Abdulaziz Al-Saud is the
founder and chairman of the largest paper manufacturing and
processing paper industrial facilities outside the USA, Europe and
Japan. He is the Chairman and CEO of The Saudi Paper Manufacturing
Group, which includes the Saudi Paper Manufacturing Company, the
Saudi Recycling Company, and the Saudi Company for Environmental
Enterprises. He is active in other fields and activities in the
trade, services and investments sectors in Saudi Arabia and
internationally. He travels extensively and works with other
prominent businessmen from around the world to promote trade and
understanding between Saudi Arabia and the other countries.
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 sustainable
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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