NAPLES, Fla., April 6, 2006 (PRIMEZONE) -- Industrial Nanotech Inc. (Pink Sheets:INTK) is pleased to announce that the Company's highest producing international distributor has reported that Nansulate(tm) High Heat insulative coating is demonstrating its ability to conserve energy when applied to high surface temperature equipment in textile plants. Customers of Kolorgen Ltd., a well-established textile equipment supplier and distributor of the Company's products based in Turkey, are reporting operational efficiencies with Nansulate coatings applied to textile manufacturing equipment.
According to Dr. Vedat Bilgin, Ph.D., President of Kolorgen Ltd., "Nansulate High Heat applied to heat exchangers caused a 25% decrease in the amount of time necessary to heat three tons of water to 110 degrees Celsius for one of our customers. Since the exchangers must go through this cycle several times daily within a textile plant, the effects of Nansulate can create significant energy efficiencies on an industry-wide level." Dr. Bilgin adds, "Heat exchangers, dyeing machines and hot water pipes are only some of the uses that textile companies and dye-houses have for Nansulate coatings. These results are sure to increase our already extensive pipeline of business."
"As energy prices rise, industries are recognizing the impact that changes in the availability of energy sources will have on their future costs. They are increasingly looking at energy conservation as a critical issue", states Stuart Burchill, CEO of Industrial Nanotech, Inc. "Our Nansulate line of coatings not only reduces energy consumption, but also increases the productive lifespan of equipment in textile plants, dye houses and other industrial facilities by providing excellent protection against corrosion."
Recently, Nansulate performed remarkably in the GM 9540 P Accelerated Corrosion Test (ACT), a key protocol for establishing corrosion resistance.
Nansulate(tm) is a water-based tinted or translucent insulation coating containing a nanotechnology based material. The coating's ability to resist mold, prevent corrosion and provide thermal insulation is well-documented. The Company and its licensed distributors distribute Nansulate(tm) products worldwide.
About Industrial Nanotech Inc.
Industrial Nanotech Inc. is a global nanoscience solutions and research leader. The Company seeks to introduce new and innovative applications for nanotechnology by participating with world leading scientists and laboratories, including the U.S. Center for Integrated Nanotechnology (CINT) and Princeton Polymers Laboratories. See www.industrial-nanotech.com for more information.
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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