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Offshore Testing of Industrial Nanotech's “Nansulate™ Product” Set to Begin in South America

 


June 1 2005, Industrial Nanotech Inc ., (OTC: INTK), an emerging nanotechnology-based solutions provider, announces testing of its Nansulate™ coating product by a major Argentinean oil and gas company. Protan, a South American distributor of Industrial Nanotech products, states the testing will continue over the next 20 to 30 days at undisclosed locations off the tip of South America in the Argentinean Sea.

“Due to confidentiality issues we are not at liberty to disclose our client's name nor the exact location until the testing process is complete,” stated Stuart Burchill, Industrial Nanotech CEO. “This particular oil and gas firm is experiencing CUI (corrosion under insulation) problems and we believe that our Nansulate™ coating will more than meet their expectations in this severe environment. Corrosion is a 270 billion dollar problem in the US alone and we are delighted that our Nansulate™ product is receiving the worldwide recognition it deserves. These assessments, of the coating for CUI needs, will lead to potential purchase decisions of Industrial Nanotech products in the coming months.”

CUI (corrosion under insulation) is acknowledged as one of the most debilitating and expensive issues facing the oil and gas industry today and accounts for more unexpected downtime than any other cause in off-shore drilling. “This testing is one of the harshest environments in the world for off-shore drilling,” states Laurie Scherock, President of Industrial Nanotech, “and there is no better location to prove the strength and quality of our product. This is only the beginning of several impending tests that will be carried out by major corporations worldwide.”

About Industrial Nanotech Inc.
Industrial Nanotech Inc. produces and sells high performance coatings primarily designed for the heavy industry, manufacturing and shipping markets. The Company conducts nanoscience-related research in advanced materials and industrial applications at facilities in New Mexico, Colorado, and New Jersey. Products are available directly from the company or through a rapidly growing worldwide network of exclusive distributors.


SOURCE: Industrial Nanotech, Inc.

Contact:
Industrial Nanotech, Inc.
Laurie Schrock
800-767-3998

or

Investors & Public Relations
ZA Consulting Inc.
David Zazoff
212-505-5976

 

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This story has been adapted from a news release -
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