NAPLES, Fla., Mar 23, 2011 (BUSINESS WIRE) -- Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global leader in nanotechnology based energy saving solutions, today announced that the Company's patented nanotechnology based Nansulate® energy saving coatings have been selected for inclusion in the Resource Efficiency Atlas, an international collection of examples of innovative and resource efficient products and technologies. The 3-year project is being carried out on behalf of the German Federal Ministry of Education and Research (BMBF) by the Wuppertal Institute for Climate, Environment and Energy, the Frauenhofer Institute for Industrial Engineering IAO, University of Stuttgart and Trifolium-Beratungsgesellschaft .
"This will be an important resource for governments and corporations looking for innovative energy efficient technologies to reduce global energy consumption," states Francesca Crolley, VP of Business Development for Industrial Nanotech, Inc. "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 suitable for severe service environments."
Ms. Crolley continues, "Nansulate® has been effectively used in buildings, homes, factories, on heat process equipment, steam pipes, refrigerated trucks, airports, and many other applications throughout the world for the past seven years to reduce energy consumption and related carbon emissions. It is an affordable technology that is easily implemented with a rapid payback period on the original investment, much shorter than most energy saving technologies, and often it pays for itself in less than a year in real dollar cost energy savings. We look forward to introducing more people to our technology through this important and insightful Resource Efficiency Atlas, which is the result of three years of research by these respected institutions, and who's goal is to offer a collection of resources and technologies that can contribute to sustainable development."
The Resource Efficiency Atlas is an international collection of efficient technologies and products. The Atlas is expected to be available by end March 2011 and will be available in German and English in both print and online versions. For more information please visit http://www.wupperinst.org/rea/.
For further information on Nansulate(R) Sustainable Coatings visit: www.nansulate.com.
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, Facebook: www.facebook.com/Nansulate.
About Industrial Nanotech Inc.
Industrial Nanotech Inc. is a global nanoscience solutions and research leader and member of the U.S. Greenbuilding Council and an official ALLY organization with the U.S. Dept. of Energy "Save Energy Now" program. 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.
SOURCE: Industrial Nanotech, Inc.
CONTACT: For Industrial Nanotech, Inc. Investor Relations: Rob Karbowsky, 800-767-3998 email@example.com