Industrial Nanotech, 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, Nansulate® Crystal.
“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.