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Posted in | Nanobusiness

Industrial Nanotech Announces Record High Revenues for its Patented Nansulate Coatings

Published on January 8, 2009 at 6:21 PM

Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global leader in nanotechnology, today announced that the Company experienced record high revenues for its patented Nansulate® energy saving coatings during the normally slow holiday season.

"We historically experience a drop off in sales from early November through the first of the new year," stated Francesca Crolley, VP of Operations and Marketing for Industrial Nanotech, Inc. "Last year, for the two months between November 5, 2007 and January 5, 2008, total revenues were $219,761.73. This year, between November 5, 2008 and January 5, 2009, total revenues jumped to $447,584.75. This was achieved without resorting to sales or unusual discount offers and with a more than 50% reduction in operating expenses. We are pleased to see that the extra effort and hard work which we have invested to offset the general economic conditions worldwide is paying off. It is fortunate and advantageous for Industrial Nanotech, Inc. and our shareholders that, in this era of increasing fiscal constraint by consumers and businesses, our products are easy-to-use, practical, cost effective, and save our customers money by lowering their expenses month after month and year after year."

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