NAPLES, FL — (Marketwired) — 06/10/15 — Industrial Nanotech, Inc. (OTC PINK: INTK), a global leader in nanotechnology based energy saving solutions, today announced that it is continuing its global development focus to significantly expand their OEM client base this year. In addition to the two previously announced relationships with the largest U.S. manufacturer of concrete roof tiles, and with Turkish textile manufacturer Ornek Makine San. ve Tic. A.S, the Company is currently in negotiations with four other manufacturers in the textile, industrial equipment, consumer goods, and food and beverage industries about using the Company–s technology in a factory application to enhance their products.
“By focusing on developing these OEM relationships for application of our products to multiple material and equipment types, not only can we offer more application choices to our existing customers by leveraging Industrial Nanotech–s patented and unique technology and exceptional factory installation support, we can drive new growth opportunities, further expand our global presence, and help these manufacturing clients offer a valuable upgrade to their existing product,” stated Francesca Crolley, VP of Business Development for Industrial Nanotech, Inc. “With a track record of over 11 years of proven performance in environments around the world, the timing is perfect for us to focus on global development of these types of relationships, which we expect to be a major growth area for our Company this year and beyond.”
Industrial Nanotech, Inc. has previously announced two OEM deals. In June, 2014, the Company announced a deal with the largest manufacturer of concrete roof tile in the U.S. to incorporate the Company–s Crystal coating onto concrete roof tile at the factory, and production of that product began at the end of 2014. In January, 2015, the Company announced a deal by their Turkish distributor with Ornek Makine to coat their textile manufacturing equipment with the Company–s High Heat and EPX thermal insulation coatings, and the first factory coated machine was shipped earlier this year.
About Industrial Nanotech Inc.
Industrial Nanotech Inc. is a global nanoscience solutions research and development leader. The Company develops and commercializes new and innovative applications for sustainable nanotechnology which are sold worldwide, including their patented product line of award-winning specialty coatings containing a nanotechnology based material, which provide the combined performance qualities of energy savings, thermal insulation, corrosion resistance, prevention of CUI, moisture resistance, chemical resistance, and other protective benefits. Additional information about the company and its products can be found at .
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.
Industrial Nanotech, Inc.
Francesca Crolley
U.S. & Canada: 800-767-3998
International: +1 239-254-0346
Email:
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