SOURCE: nCoat, Inc.

October 10, 2007 13:40 ET

Nanotech Industry Profile From Micros Report Highlights nCoat, Inc. With Speculative Buy Rating

DALLAS, TX--(Marketwire - October 10, 2007) - Micros Report is pleased to announce the release of its recently completed Research Report covering nCoat, Inc. (OTCBB: NCOA), discussing both the company and the high-growth nanotechnology industry. With nCoat, Inc. positioned in the high performance surface coating sector of the industry and a track record of successful acquisitions, the report casts a favorable light on the company's prospects for the future. The report is available at www.microsreport.com/pdf/NCOA.pdf. Micros Report Director of Research, Michael A. Willingham, authored the report, which includes a short-term price target of $1.22. Willingham stated in his report:

-- "Based on historical revenues and not factoring in the potential for growth, NCOA shares are fairly valued between $0.75 and $1.69 using the price-to-book and price-to-sales methods respectively."

-- "Considering shares recently closed at $0.36, the target price represents a likely 238% increase just to bring the value of the shares in line with average metrics for industry competitors."

This comprehensive report initiates research coverage on nCoat, Inc. www.microsreport.com/pdf/NCOA.pdf. Interested parties can read the entire report for insight into the nanotechnology developments in the coatings industry and how nCoat, Inc. is positioned to blaze a trail for the future.

About nCoat, Inc.

nCoat, Inc. (OTCBB: NCOA) is an emerging nanotechnology company focused on the research, commercialization, licensing, and distribution of new nano-formulated and traditional surface coatings that make it an international leader in the development and marketing of coatings applied to metal, ceramics, fabric, and other materials. çCoat develops and distributes commercially viable proprietary high-performance nanotechnology & traditional coatings products through its subsidiaries, nTech, HPC, and MCCI.

About Micros Report:

The Micros Report (www.MicrosReport.com) is the only LIVE WebTV feed dealing with financial news focused expressly on microcap investment analysis, and it streams to every area of the world. Hosted by Mike "the Analyst" Willingham, The Micros Report provides traders, brokers, investors, and market makers the necessary information to trade intelligently in the penny stock market. Mike has passed the required tests to be recognized by the NASD as a Supervisory Research Analyst and brings this investment know-how LIVE to his viewers every trading day on www.MN1.com.

Notice Regarding Forward-Looking Statements

Except for statements of historical fact, the information presented herein may contain forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and changes in consumer and business consumption habits and other factors over which nCoat, Inc. has little or no control. Additionally, words such as "may," "will," "expect," "believe," "anticipate," "estimate," "project," or "continue" or comparable terminology used in this release may identify forward-looking statements. We disclaim any obligation or intention to revise or update any forward-looking statements for any reason. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this statement.

Contact Information

  • Contact:
    Market News First - News Agent
    Angela Junell
    214-461-3411
    ajunell@MN1.com