Nanotech, Inc. (Pink Sheets:INTK), an emerging global leader in nanoscience
energy saving solutions, today announced the release of a report by Mexico's
CFE (Comision Federal de Electicidad, Federal Electricity Commission), summarizing
a study they completed on the company's nanotechnology-based insulating
coatings, Nansulate®. The study found that the coatings provided significant
energy savings during both day time and night time hours. The findings of the
study qualify Nansulate® for the energy efficiency rebate program offered
by INFONAVIT, Mexico's state owned, and largest, mortgage provider. The
company's exclusive Mexican distributor, Distribuidora Nano de America
S.A. de C.V., estimates that the initial number of units to utilize Nansulate®,
designated as Nr1 homes, is approximately 600,000 units, with a roof area of
36 square meters per unit.
“The CFE report shows how effective the coating is even though the roof
area was the only one insulated, with no other part of the units having any
insulation whatsoever,” explained Carlos Medina Erhard, of Distribuidora
Nano de America.
Francesca Crolley, V.P. Business Development for Industrial Nanotech, Inc.,
continues, “We look forward to the use of Nansulate in the Mexican government's
energy rebate program and to further inclusion and recognition by other forward
thinking and well informed governments, including our own. The study is significant
in that it shows that our products are effective in residential environments
during a full 24 hour cycle, not just during the daylight hours. Additional
benefits will be experienced by the homeowners who choose to use the product
on the walls of their homes also.”
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.