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Posted: October 1, 2007
Industrial Nanotech Announces Addition to Intellectual Property Portfolio
(Nanowerk News) Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global leader in nanotechnology, announced today that the Company is filing to expand the patent rights worldwide for a patent application it originally filed in March of 2006 on a new nanocomposite.
"The material which is the subject of this new invention has the potential to provide us with the opportunity to expand our product line from the current patented Nansulate® industrial and residential coatings to a much wider range of building materials including drywall, plaster, and concrete block," states Stuart Burchill, CEO of Industrial Nanotech, Inc. "Additionally, the material's characteristics provide the Company with the opportunity to expand outside of the building industry, including providing liners to the apparel industry for items such as ski jackets, winter parkas, and boots. Filing to expand the protection of this innovative invention to all of Europe, China, India, Russia, Australia, Korea, and many other important countries reflects the scope of the impact we believe this new material can have."
Nansulate® is the Company's patented product line of 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 and lead encapsulation in an environmentally safe, water-based, coating formulation. The Nansulate® Product Line includes both industrial and residential energy saving coatings.
About Industrial Nanotech
Industrial Nanotech Inc. is rapidly emerging as a global nanoscience solutions and research leader. The Company develops and commercializes new and innovative applications for nanotechnology. Additional information about the Company and its products can be found at their websites, (http://www.industrial-nanotech.com) and (http://www.nansulate.com).
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.