Well, we know based on our observations the company never is able to live up to all of its grandiose claims. The second quarter of 2010 is almost behind us and once again nothing as announced! Time keeps telling.
December 17, 2009
Integral's Chairman Comment on ElectriPlast™ Commercialization Process
Bellingham, WA - Integral Technologies, Inc. ("ITKG-OTC:BB") ("Integral"). Chairman, William Robinson, today made the following comments relating to the "ElectriPlast™" product(s).
Integral Technologies and its manufacturing partner, Jasper Rubber Products, Inc. of Indiana, have spent the past 30 months perfecting the manufacturing of our patented ElectriPlast™ Technology. ElectriPlast™ is an innovative, electrically conductive resin-based, highly conductive recipe that can be molded into virtually any shape or dimension associated with the range of plastics, rubbers, and other polymers. Most recently, we have enhanced our expertise in electrical engineering, antennas (wireless), material sciences and sales with the addition of Mohamad Zeidan (25 years of hands-on product development from prototypes to production) and his group from Innovative Engineering Green Technology (IEGT). Together, we have selected eight of the industries' most useful blends of ElectriPlast™ for extensive testing for physical and electrical characteristics.
When the tests are completed by year's end, our current customer base (and the rest of the industry at large) will have access to and benefit from the test results which will definitively reveal ElectriPlast's unmatched shielding and conductivity attributes, substantial weight reduction and production cost savings, vast design flexibility, and longevity and sturdiness as a result of its non-corrosiveness and other properties.
As a result, the uses of ElectriPlast™ are as varied as our customers' products and provide them with extraordinary enhancement. The projects described below represent but a sampling from the work we are doing with some the 350 companies with whom we have NDAs, some of whom are the largest in their industry:
Creating and sampling a shielding jacket for the electrical wire industry. The current method of shielding wire is a very time-consuming and expensive method. Our process is many times faster and less expensive while providing greater shielding capability, thus revolutionizing how all wiring can be manufactured.
Replacing, for one of the largest battery manufacturers in the world, the current lead fins in a standard car battery with molded battery plates. This will substantially lighten the battery shielding and can be used for several Green Technology battery companies and in Hybrid/Electrical vehicles. The wheelchair industry also has substantial interest in the product.
Blending ElectriPlast™ pellets for use in a new hearing aid. After testing other competitors' products, the purchaser has informed Integral that ElectriPlast™ is the only substance that allows them to advance their new product development. Integral has been advised that they will be incorporating ElectriPlast™ into their manufacturing in 2010.
Providing specific blends of ElectriPlast™ pellets to several large antenna compaies for hand-held devices, meter readers and satellites. Many of these companies do not manufacture their product, instead relying on outside parties.
Final molding for a two-part piece for a Southern California military contractor.
Designing several consumer electronic parts to enhance existing products. These new product designs will be produced in very large volumes in Q2 of 2010.
Waiting for approval for shielding a vital part for hybrid cars by one of the major Detroit auto companies.
Finalizing license agreements with 6 different companies in the wire, military, antenna, battery, and electrical shielding industries.
Designing new systems in 2010 for the automotive industry for North America and European companies for 2012 implementation.
In the very near future, Integral will be identifying the companies with whom we are working on these projects and announcing other projects we are working on as well.Based on these projects and the overwhelming positive feedback we are getting from these companies -- that ElectriPlast™ is unmatched in the industry and provides solutions to many of these companies' endeavors and striking enhancements to certain aspects of their product lines -- we expect that in 2010, Integral, through its signature technolgy ElectriPlast™, will become the leader in the conductive plastics industry.
As German philosopher Arthur Schopenhauer once said, "truth is ridiculed, then denied, and then "accepted as having been obvious to everyone from the beginning."
