Industrial Nanotech, Inc. Expands New EPX Product Line
NAPLES, Fla.--(BUSINESS WIRE)--Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global leader in nanotechnology, today announced that the Company has released a second addition to their patented revolutionary new water-based Nansulate EPX line. EPX-K will offer the same outstanding corrosion and chemical resistance as their EPX-4 product, with increased thermal resistance and greater ease of application due to lower viscosity.
"This second unique epoxy product creates an additional tremendous revenue opportunity for Industrial Nanotech, Inc.," stated Francesca Crolley, V.P. Of Operations & Marketing. "The first product in the EPX line, EPX-4, provides an industry high thermal insulation capability, with laboratory tests showing a K value of only 0.027 W/mK, combined with exceptional fire resistance, protection against corrosion, and excellent chemical resistance. The demand for this product has been immediate and substantial and we began shipping product worldwide last week. The newest addition to the EPX product line, EPX-K, offers an increase in thermal resistance and the same corrosion protection and chemical resistance. The EPX-4 product will be the one to use if fire resistance is a desired attribute, and EPX-K will be the product of choice if a customer is looking for easier application by brush instead of specialized spray equipment or trowel."
Ms. Crolley continues, "This opens up markets throughout areas of important, rapidly expanding regions of the world, including India, China, and Brazil, where the need for a product like this is high, but the access to industrial application equipment is more limited in many areas. The recent substantial increase in the number of inquiries and level of interest in our products from India was the catalyst for the creation of this version of the EPX system technology."
Nansulate(R) EPX is the Company's newest addition to their line of nanotechnology-based coatings which has a four year track record of providing energy and cost saving solutions for industry and homeowners worldwide. Nansulate(R) EPX combines superior thermal insulating ability with excellent corrosion resistance, chemical resistance, and flame resistance in the EPX-4 version, making it a unique and powerful protective coating for a wide variety of industrial and commercial plant, equipment, and building applications. The EPX product line presents a great value added proposition for industrial and OEM clients with a fast cure time, revolutionary thermal insulation performance, outstanding chemical resistance to both base and acid chemicals... including 95% concentration sulfuric acid, and long-term protection against metal corrosion in marine and deep sea environments. The coating can be applied from 1/8" thick to several inches thick."
About Nansulate(R)
Nansulate(R) is the Company's patented product line of 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, and lead encapsulation in an environmentally safe, water-based, coating formulation. The Nansulate(R) Product Line includes both industrial and residential coatings.
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. Additional information about the Company and its products can be found at their websites, (http://www.industrial-nanotech.com) and (http://www.nansulate.com).
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.
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