Message #154 From:
TheMachine Date: September 25, 2009 09:06:00 AM
INTK Stock News : Mexico's Federal Electricity Commission Determines that Nansulate(R) Insulating Coatings Offer Substantial Energy Savings
Sep. 25, 2009 (Business Wire) -- Industrial Nanotech, Inc. (Pink
Sheets:INTK), an emerging global leader in nanoscience energy saving
solutions, today announced the release of a report by Mexico’s CFE
(Comision Federal de Electicidad, Federal Electricity Commission),
summarizing a study they completed on the company’s
nanotechnology-based insulating coatings, Nansulate®. The study found
that the coatings provided significant energy savings during both day
time and night time hours. The findings of the study qualify Nansulate®
for the energy efficiency rebate program offered by INFONAVIT, Mexico’s
state owned, and largest, mortgage provider. The company’s exclusive
Mexican distributor, Distribuidora Nano de America S.A. de C.V.,
estimates that the initial number of units to utilize Nansulate®,
designated as Nr1 homes, is approximately 600,000 units, with a roof
area of 36 square meters per unit.
“The CFE report shows how
effective the coating is even though the roof area was the only one
insulated, with no other part of the units having any insulation
whatsoever,” explained Carlos Medina Erhard, of Distribuidora Nano de
America.
Francesca Crolley, V.P. Business Development for
Industrial Nanotech, Inc., continues, “We look forward to the use of
Nansulate in the Mexican government’s energy rebate program and to
further inclusion and recognition by other forward thinking and well
informed governments, including our own. The study is significant in
that it shows that our products are effective in residential
environments during a full 24 hour cycle, not just during the daylight
hours. Additional benefits will be experienced by the homeowners who
choose to use the product on the walls of their homes also.”
About Nansulate(R)
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. 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 Distribuidora Nano de America S.A. de C.V.
Distribuidora Nano de America is a manufacturer and distributor of
coatings developed with nanotechnology. They represent important
research companies from Europe and the United States. All their
products are related to energy saving, water saving and anti-bacterial
coatings. Nansulate® is their main product line and has proved to be an
excellent energy saving and anticorrosion material. Additional
information about the company can found at www.de-nano.com.mx
About Industrial Nanotech Inc.
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.
