Naples, FL (PRWEB) September 27, 2009
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."
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, (http://www.industrial-nanotech.com) and (http://www.nansulate.com). Blog: http://www.nansulate.com/nanoblog, Twitter: http://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 http://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.
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.
SOURCE: Industrial Nanotech, Inc.
CONTACT: For Industrial Nanotech, Inc. The Cervelle Group, LLC Investor Relations: Rob Karbowsky, 407-614-5959, ext. 227