Industrial Nanotech, Inc. Announces Energy Saving Project with Textile Manufacturer Arik Bey Tekstil
NAPLES, Fla., Sept. 12, 2011 (BUSINESS WIRE) -- Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global leader in nanoscience energy saving solutions, announced today that their Turkish distributor, Kolorgen Ltd, has completed installation of the Company's patented Nansulate® thermal insulation coatings at the Beysehir, Konya, Turkey location of Arik Bey Tekstil Enerji ve Sinai Yatirimlar A.S. Nansulate® High Heat thermal insulation and corrosion prevention coating was used for insulation of dyeing machines and associated steam pipes to reduce energy consumption, lower surface temperature, and reduce carbon emissions. Once the initial project is complete, the project will continue at each of their two factories, the other is located in Istanbul, Turkey. Photos of the project are available at www.nansulate.com/arikbey.htm.
"We are now at a stage that we are getting recognition from many other industries." stated Vedat Bilgin, President, Kolorgen Ltd. "Over and over again, both in Turkey and other countries, we have proven to several industries that Nansulate® surpasses all other forms of insulation in terms of energy saving capability, durability and long service life in harsh environments. We now have a few ongoing projects with some leading textile companies in Turkey and abroad, as well as companies in other industries."
Francesca Crolley V.P. Business Development, Industrial Nanotech, Inc., explains, "We have a very successful track record in the textile manufacturing industry for providing energy savings through insulation of equipment such as dyeing machines, steam pipes, boilers, and heat exchangers. We've worked with numerous textile companies, such a Coats plc who expects to reduce their steam consumption by 10 percent and their global carbon footprint by 2%, Henateks Textile, who documented an average 20% reduction in liquid natural gas with a 7 month payback, and numerous others, to reduce their energy savings significantly through use of Nansulate® advanced insulation technology. Our textile and other manufacturing clients have been very pleased with the multiple benefits the coatings offer, which are energy cost savings, reduction of carbon emissions, and improved worker safety by reducing surface temperature and heat expelled into the environment."
Arik Bey Tekstil Enerji ve Sinai Yatirimlar is owned by Akkanat Holding, a diversified group of companies, active in textiles, power generation and tourism. Arik Bey is a contract supplier for adidas, and both locations are listed on their July 2011 List of Authorized Suppliers - London 2012 Olympic and Paralympic Games.
About Nansulate®:
Nansulate® is the Company's patented product line of award winning, specialty coatings containing a nanotechnology based material and which 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. Nansulate® products are made in the USA. Additional information about the Company and its products can be found at their websites, (www.industrial-nanotech.com) and (www.nansulate.com).
About Industrial Nanotech Inc.
Industrial Nanotech Inc. is a global nanoscience solutions and research leader and member of the U.S. Greenbuilding Council and an official ALLY organization with the U.S. Dept. of Energy "Save Energy Now" program. The Company develops and commercializes new and innovative applications for sustainable 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: Industrial Nanotech, Inc. US & Canada: 800-767-3998, International: +1 239-254-0346, Email: investini@industrial-nanotech.com
NAPLES, Fla., Sept. 12, 2011 (BUSINESS WIRE) -- Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global leader in nanoscience energy saving solutions, announced today that their Turkish distributor, Kolorgen Ltd, has completed installation of the Company's patented Nansulate® thermal insulation coatings at the Beysehir, Konya, Turkey location of Arik Bey Tekstil Enerji ve Sinai Yatirimlar A.S. Nansulate® High Heat thermal insulation and corrosion prevention coating was used for insulation of dyeing machines and associated steam pipes to reduce energy consumption, lower surface temperature, and reduce carbon emissions. Once the initial project is complete, the project will continue at each of their two factories, the other is located in Istanbul, Turkey. Photos of the project are available at www.nansulate.com/arikbey.htm.
"We are now at a stage that we are getting recognition from many other industries." stated Vedat Bilgin, President, Kolorgen Ltd. "Over and over again, both in Turkey and other countries, we have proven to several industries that Nansulate® surpasses all other forms of insulation in terms of energy saving capability, durability and long service life in harsh environments. We now have a few ongoing projects with some leading textile companies in Turkey and abroad, as well as companies in other industries."
Francesca Crolley V.P. Business Development, Industrial Nanotech, Inc., explains, "We have a very successful track record in the textile manufacturing industry for providing energy savings through insulation of equipment such as dyeing machines, steam pipes, boilers, and heat exchangers. We've worked with numerous textile companies, such a Coats plc who expects to reduce their steam consumption by 10 percent and their global carbon footprint by 2%, Henateks Textile, who documented an average 20% reduction in liquid natural gas with a 7 month payback, and numerous others, to reduce their energy savings significantly through use of Nansulate® advanced insulation technology. Our textile and other manufacturing clients have been very pleased with the multiple benefits the coatings offer, which are energy cost savings, reduction of carbon emissions, and improved worker safety by reducing surface temperature and heat expelled into the environment."
Arik Bey Tekstil Enerji ve Sinai Yatirimlar is owned by Akkanat Holding, a diversified group of companies, active in textiles, power generation and tourism. Arik Bey is a contract supplier for adidas, and both locations are listed on their July 2011 List of Authorized Suppliers - London 2012 Olympic and Paralympic Games.
About Nansulate®:
Nansulate® is the Company's patented product line of award winning, specialty coatings containing a nanotechnology based material and which 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. Nansulate® products are made in the USA. Additional information about the Company and its products can be found at their websites, (www.industrial-nanotech.com) and (www.nansulate.com).
About Industrial Nanotech Inc.
Industrial Nanotech Inc. is a global nanoscience solutions and research leader and member of the U.S. Greenbuilding Council and an official ALLY organization with the U.S. Dept. of Energy "Save Energy Now" program. The Company develops and commercializes new and innovative applications for sustainable 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: Industrial Nanotech, Inc. US & Canada: 800-767-3998, International: +1 239-254-0346, Email: investini@industrial-nanotech.com
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