News | June 16, 2006

Overseas Textile Industry Embraces Industrial Nanotech's Nansulate For Energy Conservation

Naples, FL - Industrial Nanotech, a company that specializes in nanotechnology innovation and product development, announced that one of the Company's international distributors, Kolorgen, Ltd., has placed its second large order, a sea container of the Company's protective coating to satisfy additional demand.

Kolorgen Ltd., an industrial products supplier located in Istanbul, Turkey, has sold Nansulate to over 20 textile plants throughout Turkey since the beginning of 2006 to provide thermal insulation and corrosion protection on high temperature pipes and other manufacturing equipment. Kolorgen placed an initial order for 900 gallons of Nansulate in late 2005 and received delivery in January 2006. The market for Nansulate within textile plants and dye houses has proven to be substantial, prompting Kolorgen to increase its second order size to a full sea container, approximately 1,500 gallons.

"We are pleased to see the exceptional growth rate that our Turkish distributor is experiencing as they continue to establish Nansulate as a unique and valuable coating in the textile industry. Kolorgen's success is an ideal model for Industrial Nanotech to follow in order to rapidly increase our sales within niche markets globally. The extreme temperature environments experienced inside textile plants and dye houses are commonplace in the industrial world and we plan on highlighting this success in order to capitalize on the potential of our extreme temperature Nansulate coatings to generate significant revenues," stated Francesca Crolley, Industrial Nanotech's V.P. of Operations & Marketing.

SOURCE: Industrial Nanotech, Inc.