Inc. announced they have received the prestigious
Frost and Sullivan 2007 North American Product Innovation of the Year
Award for nCoat's thermal barrier coatings (TBC). The recognized
coatings, innovated at the lab of nCoat subsidiary, nTech, Inc., are
nano-formulated surface treatments.
Founded in 1961, Frost and Sullivan has 26 global offices with
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"Receiving this award from internationally respected Frost and
Sullivan is a significant validation of the commercial viability of our
nano-coatings," said Paul Clayson, CEO of nCoat. "As customer use and
testing continues to validate the exponential performance increase of
these products over market norms, we expect to capture extensive market
share in our target markets. We thank Frost and Sullivan for
recognizing the market potential of our coatings."
In presenting the award, Frost and Sullivan stated the award
was "in recognition of nCoat's development of innovative nanoslurry
coatings for thermal protection of materials at high temperatures.
These coatings work effectively against temperatures greater than 4200
degrees F and exhibit low porosity, high density, and extraordinary
strength and flexibility. By employing proprietary technologies, the
company has been able to produce universal dispersion and eliminate the
clumping of nanoscale particulates. Another factor enhancing their
effectiveness is that the nano-particulates in the slurry were able to
efficiently bind with the substrate materials, which minimizes the risk
of delamination problems. These nanoscale materials are much finer,
more uniformly dispersed, create more surface area and bind much
better, because of these factors they are able to enhance the bond
strength, heat resistance, and barrier protection characteristics of
the metallic base material."
Frost and Sullivan also noted, "Compared to conventional TBCs,
nCoat's nanoslurry coating also exhibits high corrosion resistance and
is lightweight." These inherent benefits of the nano-formulated
coatings have created markets for nCoat products in aerospace,
composite materials, automotive, and diesel engine and over-the-road
nCoat's intellectual property portfolio has been built around
its core nano-formulated and non-nano high performance formulation
coatings products and technologies and consists of 5 patent
applications and 46 trade secrets. An additional 7 patents are
currently under review. nCoat is also trying to aggressively expand it
IP in strategic areas and expand its R&D capabilities. For this
purpose, it intends to open a new laboratory in the next six months in
its North Carolina headquarters. The company continues to invests
significant resources in testing and QC.
For more information on Frost & Sullivan's Best
Practices Awards, visit www.awards.frost.com.