Naples, FL (PRWEB) April 7, 2010
Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global leader in nanoscience solutions, announced today it has entered into a supplier agreement with Grainger, a national distributor of maintenance, repair and operating (MRO) products. The company’s patented Nansulate® energy saving protective coatings are available through Grainger’s catalog, Web site (http://www.grainger.com/news) and national branch network.
Founded in 1927, Grainger provides 2 million customers quick, easy access to the products they need to keep their facilities up and running. With 2009 sales of $6.2 billion, Grainger serves businesses and institutions in 153 countries.
“This relationship is a very important and logical next step for Industrial Nanotech,” states Francesca Crolley, VP of Business Development for Industrial Nanotech, Inc. “Since April of 2004, the Nansulate product line has proven itself to be a value added proposition for customers in a wide range of industries and in countries all around the world. This relationship with a company of the size and stature of Grainger immediately expands exponentially the sales, marketing and distribution resources available to increase the exposure for the Nansulate product line and the innovative technology and energy saving benefits that the product offers.”
The Nansulate® product line is 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.
“Our customers are telling us they’re looking for help making their facilities more energy efficient,” said Fred Costello, Grainger’s Vice President, Product Management. “The Nansulate product line is an excellent example of the types of coatings that businesses and institutions can use to reduce energy costs while protecting equipment from damage.”
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 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.
W.W. Grainger, Inc., with 2009 sales of $6.2 billion, is the leading broad line supplier of maintenance, repair and operating (MRO) products serving businesses and institutions in the United States, Canada and Mexico with an expanding presence in Japan, India, China and Panama. For more information about the company, visit http://www.grainger.com/news.
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.
For Industrial Nanotech, Inc. The Cervelle Group, LLC Investor Relations: Rob Karbowsky, 407-614-5959, ext. 227 rob (at) thecervellegroup (dot) com