Message #126 From:
TheMachine Date: June 9, 2009 08:44:31 AM
INTK Stock News : Industrial Nanotech, Inc. May Revenue 195% Increase Over Same Period 2008
Industrial Nanotech, Inc. (Pink Sheets: INTK) announced today that the
Company's sales in May, 2009 represent a 195% increase over May, 2008.
"After experiencing a significant increase in activity and worldwide
product sales for Nansulate® energy saving & asset protection coatings
beginning in the month of April, 2009 to levels which exceeded our sales
in April, 2008 by 12%, we have continued that trend by increasing sales
in May, 2009 to a level almost triple that of May, 2008," states
Francesca Crolley, VP of Operations and Marketing for Industrial
Nanotech, Inc. "We expect this trend to continue as the strategic
adjustments we made to accommodate the new realities of the current
economy produce the anticipated results. This puts us on track to
continue our five year track record of approximately doubling our
revenues every year."
About
Nansulate®
Nansulate® 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®
Product Line includes industrial,
residential,
agricultural
and solar
thermal insulation coatings. Additional information about the
Company and its products can be found at their websites, (www.industrial-nanotech.com)
and (www.nansulate.com).
Blog: www.nansulate.com/nanoblog,
Twitter: www.twitter.com/NanoPioneer.
About
Industrial Nanotech Inc.
Industrial Nanotech Inc. is emerging as 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.
Safe Harbor Statement
Safe Harbor Statement under the Private Securities Litigation Reform Act
of 1995: This release includes forward-looking statements made pursuant
to the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995 that involve risks and uncertainties including, but
not limited to, the impact of competitive products, the ability to meet
customer demand, the ability to manage growth, acquisitions of
technology, equipment, or human resources, the effect of economic and
business conditions, and the ability to attract and retain skilled
personnel. The Company is not obligated to revise or update any
forward-looking statements in order to reflect events or circumstances
that may arise after the date of this release.
