Inc. (Pink Sheets:INTK), an emerging global leader in nanoscience solutions,
today announced that the Company has received an initial inventory order from
Angstrom Technology Private Limited, the Company's exclusive distributor
for India, whose agreement was signed and announced on November 30th. The initial
order is for one sea container (1440 gallons) of mixed Nansulate® thermal
insulation and asset protection coating products, which has a retail value of
approximately $122,000.00 USD.
“Angstrom Technology has a strong sales team and a solid plan in place
for marketing Nansulate® coatings in India,” stated Francesca Crolley,
V.P. Business Development for Industrial Nanotech, Inc. “This initial
order is in accordance with their multi-pronged sales approach for the country
which includes institutional sales, retail sales, sales through a network of
trained applicators, e-commerce and other initiatives. In addition to being
innovative thinkers, their parent company A.L. Batra Group of Industries, founded
in 1911, has a significant and successful history. We look forward to a rapidly
expanding presence for our energy saving technology in India through their dynamic
leadership and experience as a key player in several core sections of the Indian
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.