SOURCE: nCoat, Inc.

October 12, 2007 09:00 ET

Undervalued NCOA Reveals High Expectations in Near Future

DALLAS, TX--(Marketwire - October 12, 2007) - Market News First (www.MN1.com) is pleased to announce the launch of a new video interview featuring nCoat, Inc. (OTCBB: NCOA) CEO, Paul S. Clayson. The interview is now available: http://feeds.mn1.com/ncoat_101007_1.htm.

Mike "The Analyst" Willingham spoke with Mr. Clayson on the Micros Report about his recent analyst report regarding the company. Mike was able to uncover the business model behind nCoat and its strategic operation model that is currently providing the company with an exceptional opportunity to increase revenue and market share through both acquisitions and organic growth.

Mr. Clayson divulged how the company is able to create superior coating products that increase production, longevity, and durability not only for consumers but manufacturers as well. Consumers may purchase its superior coating products by visiting the nCoat website (www.ncoat.com) and clicking one of the company's subsidiaries (HPC or JET-HOT) along the right hand site of the homepage. From there, they will be able to inquire through email or phone on how to get their parts coated. Other highlights from the interview include:

--  Revenue mix from the company is 60 percent OEM, and 40 percent retail
--  nCoats strategic plan to increase revenue and market share
--  In depth understanding of the benefits of products with visual aids
--  Product pricing
--  Other consumer information on coating engine parts with nCoat's
    nanotechnology
    

During the interview, nCoat CEO Paul Clayson said, "After reviewing all public nanotechnology companies under $50 million in revenue, we believe that our company is undervalued by comparison. Last year we did $5 million in sales, we are projecting $9 million dollars in sales for 2007, and in 2008 we expect to gross over $20 million in revenues."

nCoat was also given a 90-day price target of $1.22 for its stock price. Tune into the interview to uncover reliable data on financial information, company management strategic plans, and business models for one of the up and coming companies of the year.

About nCoat, Inc.

nCoat, Inc. is an emerging nanotechnology company with new nano-formulated and traditional coatings that make it an international leader in the development and marketing of coatings applied to metal, ceramics, fabric, and other materials. The Company specializes in nanotechnology research, commercialization, licensing, and distribution, and through its subsidiary companies develops and distributes commercially viable proprietary nanotechnology and traditional coatings products. At nCoat, we invite the world to "Innovate with us."

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. Statements in this press release which include words such as "anticipates," "plans," "potential," and similar terms may include forward-looking statements. Factors which could cause the Company's results to differ from the forward-looking statements include a decline or slower-than-anticipated growth in revenue opportunities related to the performance coating industry, and a decline or slower-than-anticipated growth in the demand and use for nano-formulated commercial products and related revenue streams for the Company, as well as listed in the "Risk Factors" sections of the Company's publicly filed reports. The Company expressly disclaims any obligation or intention to update any forward-looking statement.

Contact Information

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