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PEN Inc. Announces New Distribution Agreement in the Northeast Market

CLARITY AR Eyeglass Cleaner and CLARITY DEFOG IT Available in up to 200 Grocery Stores Starting in June

PEN Inc.1 hour ago

MIAMI, FL--(Marketwired - May 11, 2016) - PEN Inc. ( PENC) ("PEN" or "the Company"), a leader in developing, commercializing and marketing consumer and industrial products enabled by nanotechnology, today announced that its subsidiary Nanofilm, Ltd., has entered into a distribution agreement with a regional grocery retailer.

Commencing in June 2016, customers will find Nanofilm's CLARITY™ AR eyeglass cleaner in 2-ounce liquid spray, 50-ml foamer and 4-ounce gel formats as well as CLARITY DEFOG IT™ kits in the Eyecare/Earcare aisle of up to 200 grocery stores located in Pennsylvania, Ohio, West Virginia and Maryland.

"Gaining a foothold with a well-recognized regional chain is an important first step to expand CLARITY™ branded products in the mass market retail channel. We look forward to working with our new partner and will leverage our R&D expertise, category leading innovation, and strong brands to drive sales and category growth of eyecare products in their stores," said Rex Talbott, Nanofilm's Director-Optical Products. "We plan to build on this success and further expand our footprint in this and other regional markets the future."

Developed specifically for anti-reflective lenses, CLARITY™ AR lens cleaner is the ideal alternative to soap and water, tissue paper or clothing, all of which can harm coatings on prescription eyeglasses or leave streaks that interfere with vision. CLARITY™ AR is safe and effective on all prescription glasses, safety and sport goggles, sunglasses, and all other eyewear. It wets the surface better than traditional cleaners to lift soils and grease, resulting in a haze-free, streak-free lens.

CLARITY DEFOG IT™ is the best performing anti fog product on the market today and is trusted by the military, safety professionals, and athletes worldwide.

For more information on Nanofilm's products, visit www.nanofilmusa.com.

About Nanofilm
Nanofilm puts the power of advanced nanotechnology and creative thinking into innovative products that improve surfaces to make life better. The company is a world leader in optical lens care products, design and marketing, and a pioneering developer of optically clear nanocoatings for glass, ceramics and plastics to increase durability, cleanability and performance for transportation, display, architectural, consumer, and optical uses. Nanofilm, a PEN Inc. company, was founded in 1985 and is headquartered in Valley View, Ohio. For more information, visit www.NanofilmUSA.com.

About PEN Inc.
PEN Inc. ( PENC) is a leader in developing, commercializing, and marketing consumer and industrial products enabled by nanotechnology that solve everyday problems for customers in the optical, transportation, military, sports, and safety industries. Through PEN's wholly-owned subsidiary Nanofilm Ltd., the Company develops, manufactures and sells products based on nanotechnology including the ULTRA CLARITY® brand eyeglass cleaner, CLARITY DEFOG IT™ brand defogging products and CLARITY ULTRASEAL® nanocoating products for glass and ceramics. The Company also sells the environmentally friendly HALO™ brand surface protector, fortifier, and cleaner through a wholly-owned subsidiary, PEN Technology, LLC. The Company's Applied Nanotech, Inc. subsidiary in Austin, Texas functions as the Design Center conducting research and development services for government and private customers and new product development for PEN focusing on innovative and advanced product solutions in the areas of safety, health, and sustainability. For more information about PEN, visit www.penc.us.

Safe Harbor Statement
This press release contains forward-looking statements that involve risks and uncertainties concerning our business, products, and financial results. Actual results may differ materially from the results predicted. More information about potential risk factors that could affect our business, products, and financial results are included in our annual report on Form 10-K for the fiscal year ended December 31, 2015, and in reports subsequently filed by us with the Securities and Exchange Commission ("SEC"). All documents are available through the SEC's Electronic Data Gathering Analysis and Retrieval System (EDGAR) at www.sec.gov or from our website listed above. We hereby disclaim any obligation to publicly update the information provided above, including forward-looking statements, to reflect subsequent events or circumstances.


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PEN Inc.
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