Industrial Nanotech, Inc. Energy Protect(TM) Product Scheduled to Be Used on Over 500 Restaurants
Marketwired Industrial Nanotech, Inc.
17 minutes ago
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NAPLES, FL--(Marketwired - May 23, 2016) - Industrial Nanotech, Inc. (OTC PINK: INTK), a global leader in nanotechnology-based energy saving solutions, today announced that the Company's patented clear energy saving and UV protectant coating is scheduled to be used on the building exterior of a US regional restaurant chain with over 500 locations.
Application is scheduled to begin before the end of 2016 and the estimated revenue from this deal is approximately $1,034,000. The Company expects to close deals with additional regional and larger national restaurant chains in the upcoming months.
"There are several LEED categories where our Energy Protect™ insulation coating can be used to make buildings more sustainable," explained Francesca Crolley V.P. Training & Specifications for Industrial Nanotech, Inc. "The coating provides a great combination of attributes including energy savings in all seasons, UV resistance, mold/mildew resistance, and the ability to be painted onto multiple surfaces in a clear layer. One project where architectural firm Bleck & Bleck Architects used LEED strategies was a historical commercial building retrofit in Illinois. Our Energy Protect™ coating provided an effective way to insulate the solid brick, keeping its beauty intact, and increasing energy efficiency at a low up front cost."
LEED stands for Leadership in Energy and Environmental Design and is a nationally accepted green building certification administered by the U.S. Green Building Council. Categories where Industrial Nanotech coatings can contribute positively to overall green building attributes include Energy & Atmosphere, Indoor Environmental Quality, and Sustainable Sites, among others.
Ms. Crolley continues, "Other projects of note where our patented insulation coatings for building energy efficiency have been used include the Suvarnabhumi International Airport in Bangkok, Thailand, The Frost Art Museum in Miami, a government data center for Mexico's Social Security and Health Administration, and corporate housing by Hyundai Corporation in South Korea."
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 sustainable manufacturing and buildings which are sold worldwide, including patented thermal insulation and asset protection coatings, which provide energy savings, thermal insulation, corrosion resistance, prevention of CUI, moisture resistance, UV resistance, chemical resistance, and other protective benefits. The coatings are low VOC, water-based, and sustainable.
Additional information about the Company and its products can be found at www.industrial-nanotech.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.
Contact:
Industrial Nanotech, Inc.
Francesca Crolley
US & Canada: 800-767-3998
International: +1-239-254-0346
Email: investini@industrial-nanotech.com
