Inc. (Pink Sheets:INTK), a global nanoscience solutions and research leader
and member of the U.S. Greenbuilding Council and the American Solar Energy Society,
today announced that the company has received an order of a pallet of product
from a client of Independent Sales Representative, P.R. Ramanathan. The order
is from Ms. Kon Chem India Pvt. Ltd of Bangalore and will ship in 10 business
days. The customer is a large manufacturer of concrete designer tiles and related
chemicals. Other recent orders from India include Devi Polymers, who have already
received their initial order and completed the application of the coatings,
and New Chemical Industries, who ordered Nansulate® coatings previously
in 2009 and this month have reordered the company’s new roof coating,
“I met with Mr. P.R. Ramanathan and his son in June of this year and
we reviewed his company’s marketing plan,” stated Francesca Crolley,
V.P. Business Development for Industrial Nanotech, Inc. “I was impressed
with the number of opportunities that he had identified for rapid introduction
of our energy saving coating technology in India, a market we have great interest
in, and we are now seeing the benefits of the execution of the marketing plan
for this country. It is a region that is growing exceptionally fast and there
are many manufacturing, construction, transport and related industries who are
all seeking reduction in energy consumption. There are many other clients with
whom Mr. Ramanathan’s company is working and we expect to see sales in
India for Nansulate® continue to accelerate exponentially throughout this
year and beyond.”
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.
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.