Industrial Nanotech’s Malaysian Distributor Receives Innovative Technology Award at HVAC 2006 for Introduction of Nansulate

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Industrial Nanotech's Singapore and Malaysian distributor received an innovative technology award from the HVAC 2006 for introducing the Company's Nansulate coatings into the Asian markets. Nansulate received tremendous feedback at the HVAC 2006 and at the ITM 2006 Textile Machinery Exhibition in Turkey. The Company's nanotechnology-based coatings were very well received by companies across several industries that have industrial manufacturing operations, processing plants and other needs for a single solution that provides insulation and protection for corrosion and mold.

Industrial Nanotech (OTC: INTK), a company that specializes in nanotechnology innovation and product development, today announced that Trade Werx Pte Ltd., the Company’s distributor of Nansulate coatings in the Malaysian and Singapore markets, received an innovative technology award by the HVAC 2006 Trade Show for its launch of Nansulate as an HVAC (Heating, Ventilating and Air Conditioning) product in the Asian markets.

The award was granted to Trade Werx based on feedback received from trade show attendees including potential users as well as distributors regarding Industrial Nanotech’s Nansulate coatings for insulation, corrosion and mold resistance. Trade Werx provides innovative industrial solutions that have obtained international patented technology to industries such as Oil & Gas, Chemicals, Food & Beverage, Pharmaceutical, Water, & General Processing.

Andrew Ng, Business Development Director of Trade Werx Pte., commented, “The positive feedback that we received at the HVAC 2006 regarding Nansulate was astounding. In fact, we actually sold Nansulate PT during the exhibition for the insulation of a storage tank in a palm oil processing plant, just one of the many industries in which we feel Nansulate has tremendous potential. We anticipate a very strong influx of orders and interest for Nansulate coming soon as we distributed over 1,000 brochures about Nansulate to potential customers and distributors within the Singapore and Malaysian markets.”

The HVAC Asia is Southeast Asia's most authoritative event on Heating, Ventilation, Air-conditioning, Refrigeration, Air Filtration & Purification and Control Systems. The most recent HVAC conference hosted nearly 300 participants from 33 countries and generated an estimated $122 million in sales.

Additionally, the Company’s Turkish distributor attended the ITM 2006 Textile Machinery Exhibition held in Istanbul, Turkey from June 27 – July 2, which hosted over 55,000 people. Kolorgen, one of the Company’s most successful international distributors to date, distributed 3,000 brochures to interested attendees in the textile industry from throughout Europe and the Middle East.

About Nansulate™

Nansulate is a product line of water-based translucent or white industrial grade coatings containing a nanotechnology-based material. The coatings' ability to resist mold, prevent corrosion and provide thermal insulation is well-documented. Nansulate PT is a direct to metal coating for pipes, tanks and other metallic substrates and Nansulate GP is a general purpose formulation designed for wood, fiberglass and other non-metal substrates. Coatings that target extreme industrial environments include Nansulate Chill Pipe designed for low temperature applications on pipes and tanks and Nansulate High Heat designed for high temperature applications. Nansulate HomeProtect ClearCoat and HomeProtect Interior are designed for residential and commercial buildings and Nansulate LDX is designed for lead encapsulation applications.

About Industrial Nanotech Inc.

Industrial Nanotech Inc. is a global nanoscience solutions and research leader. The Company develops and commercializes new and innovative applications for nanotechnology that address real-world needs through its funding of and participation in research with world-leading scientists and laboratories, including the U.S. Center for Integrated Nanotechnology (CINT) and Princeton Polymers Laboratories.

See http://www.industrial-nanotech.com for more information.

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.

Contact:

Industrial Nanotech, Inc.

(800) 508-6153

ZA Consulting

Investors:

David Zazoff

(212) 505-5976

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