Replies to post #7962 on Integral Technologies Inc. (fka ITKG)

[EdgarAllanPoe]

I agree. I don't think that they will do what Sputnik is saying. Sputnik is guessing within the realms of business possibilities. At this state, we are all guessing to some extent.

[zdog]

Just be aware that Doug has said a
lot in the past that haven’t proved to be accurate.

Maybe this time it will be different. I have that hope anyway.

[Sputnik]

Any reason given for discontinuing this market? This is from Dec. 1, 2016. Two years ago!!

[bold]Although we have just begun our sales efforts of our lower conductive material, [/bold]we've been quite pleased with response we have received. To date in 2016, [bold]we have fulfilled commercial orders from five separate companies, and each customer is in different vertical industries. We have completed multiple orders for two customers, one of which is an automotive Tier 1 to which we delivered three separate orders for the same material. [/bold]We're excited about building success in this part of our portfolio and look forward to further growth with aggressive sales and marketing efforts.

We continue to see tremendous growth opportunity in the highly conductive application market segment based on the global trends for the electrification of transportation and vehicle light-weighting. We are seeing increased interest in use of our material in electric and hybrid/electric vehicles. [bold]We have recently received orders from an Automotive Tier 1 for applications in electric and hybrid/electric vehicles for both domestic and global OEM'S. We hope to be able to provide further details on these orders in the near future[/bold].

[Sputnik]

Where is the revenue?

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EVANSVILLE, Ind., June 26, 2017 /PRNewswire/ -- Integral Technologies, Inc. (OTC-PK: ITKG) ("Integral"), and its wholly owned subsidiary ElectriPlast Corporation, announced today they have been chosen by a Global Tier 1 to supply its conductive plastic for an EMI shielding application in an automotive optical sensing system. The ElectriPlast part will be going into approximately two million vehicles in a 2018 global automotive platform for a major United States auto manufacturer.

"The EMI shielding requirement for this application was a late change and we were brought in to assist the Tier 1 engineers develop a shielding solution for the optical sensing system," stated Slobodan Pavlovic, ElectriPlast's Vice President of Engineering. Typically, Tier 1's select vendors years in advance of a project, but because of the new requirement, we were given an opportunity late in the development process to provide engineering and design services. We provided a cost saving technical solution with the customer's existing tooling without program timing delays, which is key since this is a 2018 global program."

"This is monumental for us. We have always known ElectriPlast was going to reach the point of widespread market acceptance," stated Doug Bathauer, Integral's CEO. "So far in 2017, we have received orders from Europe, Asia and the United States. These automotive orders we've received this year, validates our many years of dogged persistence. It is rewarding to see ElectriPlast now being included in large scale programs in multiple auto maker's vehicles." Production is expected to begin in late 2017 and the program is expected to run for five years.