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[Wallstreetman]

INTK NEWS this Morning
Industrial Nanotech Announces 'Intelligent Coating' R&D Initiative
Tuesday May 23, 9:00 am ET


NAPLES, Fla., May 23, 2006 (PRIMEZONE) -- Industrial Nanotech (Other OTC:INTK.PK - News), a company that specializes in nanotechnology innovation and product development, today announced the establishment of a new division that will focus on developing ``Intelligent Coating'' technologies. The products developed by this new division will be sold under the product name ``Nansulate IQ.''
Industrial Nanotech, through its relationship with the U.S. Centers for Integrated Nanotechnology, http://cint.lanl.gov, and their work for the Department of Defense and Department of Energy, will build on CINT's research to develop an intelligent coating with industrial applications. Chief Executive Officer, Stuart Burchill, will lead the research team which also includes Princeton Polymer Laboratories and one other undisclosed research team. Intelligent coating technologies have previously been the subject of governmental research and used for military applications including sensing packages that detect damage such as corrosion and substrate integrity and environmental conditions.

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Stuart Burchill, CEO of Industrial Nanotech, comments, ``Intelligent coatings represent the future of the coatings industry. Industrial Nanotech plans to emerge at the forefront of this new and disruptive technology which has the ability to potentially generate a substantial revenue stream for the company. Our current Nansulate line of protective coatings represents the first revolutionary improvement in coatings in