Industry News

US Navy Expresses Interest in Nansulate Coatings

Published on 2005-05-26. Author : SpecialChem

NAPLES, Fla. -- Industrial Nanotech Inc., an emerging nanotechnology-based solutions provider, announced that the Company is submitting its Nansulate(TM) product line for assignment of a Military Specification number at the request of a military contractor. Earlier this year, a Navy submarine base ordered a small quantity of Nansulate(™) corrosion resistant insulation coating from the Company.

Recently, the US Navy has expressed interest in the Company's industrial coatings due to their high performance characteristics and, through a military contractor, has requested that Industrial Nanotech design a special "gray" version of its coating that can perform with the same characteristics of the Nansulate(™) Translucent product line for use on specific Navy assets.

According to Laurie Scherock, President of Industrial Nanotech, "We feel strongly that our coatings can meet the extreme performance requirements demanded by the challenging environments that the Navy and other US military units operate in. Our Nansulate Translucent product line provides a solution to corrosion in addition to providing insulation protection and there are specific applications where our coatings' tolerance for thermal shock will be particularly significant. While the first order we received from the Navy was smaller in size, we are excited about the potentially large scale applications that our products could have."

About Industrial Nanotech Inc.

Industrial Nanotech Inc. produces and sells high performance coatings primarily designed for the heavy industry, manufacturing and shipping markets. The Company conducts nanoscience-related research in advanced materials and industrial applications at facilities in New Mexico, Colorado, and New Jersey. Products are available directly from the company or through a rapidly growing worldwide network of exclusive distributors.

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.

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