Aktarus S.r.l Signs Exclusive Distributor Agreement for Italy with Industrial Nanotech, Places $100,000 US MOL Order
NAPLES, Fla., (PRWEB) June 21, 2007 -- Industrial Nanotech, Inc., (Pink Sheets:INTK), an emerging global leader in nanotechnology, announced today that Aktarus S.r.l., a commercial insulation company, has signed as an Exclusive Distributor for Italy and placed an initial order worth approximately $100,000.00 US.
"Aktarus first began working with Industrial Nanotech as a non-exclusive independent representative in Italy," states Francesca Crolley, VP of Operations and Marketing for Industrial Nanotech, Inc. "Based on their early success selling our products in the region, they made the decision to purchase the exclusive right to distribute our products in Italy and have placed this substantial order. We are pleased with the continued rapid revenue growth in the international markets."
About Nansulate(R)
Nansulate(R) is the Company's patented product line of specialty coatings containing a nanotechnology based material and which are well-documented to provide the combined performance qualities of thermal insulation, corrosion prevention, lead abatement, and resistance to mold growth in an environmentally safe, water-based, coating formulation. The Nansulate(R) Product Line includes both industrial and residential coatings. Nansulate is a "green product", environmentally safe and providing energy savings.
About Industrial Nanotech
Industrial Nanotech Inc. is rapidly emerging as a global nanoscience solutions and research leader. The Company develops and commercializes new and innovative applications for nanotechnology. Additional information about the Company and its products can be found at their websites, (http://www.industrial-nanotech.com) and (http://www.nansulate.com).
Safe Harbor Statement
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
SOURCE: Industrial Nanotech, Inc.
CONTACT:
For Industrial Nanotech, Inc., Naples
Investor Relations
Martin E. Janis & Company, Inc.
Beverly Jedynak, President, 312-943-1100 ext. 12
bjedynak @ janispr.com
or
Martin E. Janis & Company, Inc.
Media Inquiries
Laura Grock, Vice President, 312-943-1100 ext. 13
lgrock @ janispr.com
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This press release has been reprinted from PRWEB per the terms and conditions of the copyright notice.
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