Message #155 From:
TheMachine Date: September 29, 2009 09:23:53 AM
INTK Stock Market News : City of Fairbanks Chooses Nansulate Insulation Coatings by Industrial Nanotech, Inc. For Major Municipal Project
NAPLES, Fla.--(BUSINESS WIRE)--Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global leader
in nanoscience solutions, today announced that the company’s Alaskan
distributor, Nanotech Energy Solutions, Inc., has received an order from
the City of Fairbanks to provide the Company’s patented Nansulate®
energy saving and asset protection coatings for five city buildings to
increase energy efficiency and reduce fuel costs. The first building to
be coated with Nansulate® is the Fairbanks City Hall and that
application is already underway. The other buildings in the project
include the Fire Department, Police Department, Department of Public
Works and a fifth city building. Nanotech Energy Solutions, Inc.
estimates the amount of the product for the entire project to be
approximately 12,000 gallons.
“Steve Mroz and his team at Nanotech Energy Solutions, Inc. are making
important strides to promote energy efficiency in Alaska,” explained
Francesca Crolley, V.P. of Business Development for Industrial Nanotech,
Inc. “It is not always easy to champion a new technology and they have
worked hard to demonstrate the benefits of Nansulate technology to the
City of Fairbanks, the military and many others. They are truly what we
refer to as ‘Nanopioneers’. By adopting this proven energy saving
technology, the City of Fairbanks will benefit the people of their city
and serve as an example to other cities in the U.S. looking for ways to
reduce energy consumption and costs.”
About Nanotech Energy Solutions, Inc.:
Nanotech Energy Solutions, Inc. is the exclusive distributor for
Nansulate® energy saving and asset protection coatings in Alaska. They
provide product and services for industry, oil and gas, commercial and
residential clients. Their mission is to provide solutions to rising
energy and fuel costs in their state. For further information, please
contact Nanotech Energy Solutions, Fairbanks, AK at 907-451-7825.
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.
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.
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.
