Industrial Nanotech, Inc. Receives $1,183,427.18 US Purchase Order From Saudi Arabia
NAPLES, Fla.--(BUSINESS WIRE)-- Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global leader in nanotechnology based energy saving solutions, today announced that the Company has received a purchase order from their exclusive distributor in Saudi Arabia for the Company’s patented Nansulate® energy saving protective coatings in the amount of $1,183,427.18 US.
“As indicated by the Q3 2010 revenue numbers we announced on October 6th and this purchase order from Saudi Arabia, we continue to experience exponential increases in revenue growth in a wide variety of market sectors and geographical regions,” stated Francesca Crolley, VP of Business Development for Industrial Nanotech, Inc. “After six years of proven performance in almost every application imaginable worldwide, our Nansulate product line is experiencing much faster acceptance by larger companies who previously had been hesitant to be early adopters. With the overwhelming preponderance of evidence which we are now able to present for this revolutionary technology, proving that Nansulate pays for itself in real dollar energy savings in a short period of time and protects factories and equipment from corrosion and chemical damage at the same time, it has become a much easier decision for companies with serious sustainability initiates to implement the use of our award winning products into their standard energy saving protocols.”
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