SOURCE: Integral Technologies, Inc.

June 12, 2012 03:00 ET

Aircraft Maker Volta Volare' and Integral Technology's ElectriPlast Corporation Announce Joint Development Initiative

Companies to Develop Future Aviation Technologies Utilizing ElectriPlast Conductive Resin Materials

FORT WASHINGTON, PA--(Marketwire - Jun 12, 2012) - ElectriPlast® Corporation, a wholly owned subsidiary of Integral Technologies, Inc. (OTCBB: ITKG), and makers of the ElectriPlast® line of electrically conductive resins, and aircraft manufacturer Volta Volare', Inc., an emerging leader in electric flight aviation technology, announced today that they have agreed to collaborate in the research and development of next generation applications and products using hybrid composites and advanced lightweight materials for the aviation industry.

Volta Volare' and its subsidiary Volt Aero Technologies, based in Portland, Oregon, reached a milestone with the recent launch of their groundbreaking GT4 aircraft, the world's first hybrid electric, full-sized high performance aircraft. Powered by the Volt Aero Technologies EViation Drive system, the GT4 is said to be the most technologically advanced private aircraft available. The all carbon fiber aircraft features a canard wing design to prevent stalls, a touch screen glass cockpit with synthetic vision and heads-up display to reduce pilot workload, and the EViation Drive system has one primary moving part, all incorporated to significantly enhance the safety of private aircraft.

"Nowhere is lightweighting more important than in general aviation where there is a direct correlation between weight and performance & safety," states Paul Peterson, CEO of Volta Volare'. "Working with ElectriPlast® we will develop new lightweighting solutions for Volta Volare' products, which can be widely applied to the general aviation and aerospace sectors." Further, he added, "Even those aircraft manufacturers that still utilize internal combustion and turbine engines can benefit from this research and development, and every improvement in safety and performance that we can deliver is in service the industry and our country's economy. We're pleased to be collaborating with the innovative team at ElectriPlast® to accomplish these critical missions."

ElectriPlast® is a patented line of non-corrosive, electrically conductive resin-based materials engineered to replace traditional metals such as steel or aluminum. Typically used for electrical and magnetic shielding applications in industries such as automotive, aerospace, consumer electronics, cable and alternative energy, ElectriPlast® can be molded into any of the infinite shapes and sizes associated with plastics, rubbers and other polymers while reducing component weight by 40 to 60%.

"The GT4 represents a historic milestone in aviation and defines the next generation of private aircraft," states Herbert Reedman, CEO of ElectriPlast®. "Innovation, drive and desire for advanced, next-generation technologies is what drives our two companies. We look forward to working with Volta Volare' to develop lightweighting solutions which incorporate ElectriPlast® conductive resin technologies for use in aviation."

Volta Volare' Corp. is a private aircraft manufacturer and emerging leader in hybrid electric aviation technology. Their EViation Drive System is the world's first and only hybrid-electric drive system in the field of aviation. The EViation Drive powers the carbon composite 4-seat GT4 aircraft with exceptional speed, safety and range, with a spacious and near-silent cabin and at the lowest operating cost of any aircraft in its class.

Integral Technologies, Inc. (OTCBB: ITKG), through its wholly owned operating subsidiary, ElectriPlast® Corporation, engages in the discovery, development, commercialization and licensing of electrically conductive hybrid plastics products used primarily as raw materials in the production of industrial, commercial and consumer products and services worldwide. It operates in four segments; Aerospace & Defense, Transportation, Industrial Materials and Electronics. Integral's core product line, ElectriPlast®,is a family of non-corrosive, electrically-conductive resin-based materials whose properties allow it to be molded into any of the infinite shapes and sizes associated with plastics and rubbers, but which is as electrically conductive as if it were metal while reducing component weight by 40 to 60%. Follow us on Twitter and Facebook.

Safe Harbor Statement

This press release contains "forward-looking statements" within the meaning of Section 27A of the 1933 Securities Act and Section 21E of the 1934 Securities Exchange Act. These statements include, without limitation, predictions and guidance relating to the company's future financial performance and the research, development and commercialization of its technologies. In some cases, you can identify forward-looking statements by terminology such as, "may," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential," "continue," or the negative of these terms or other comparable terminology. These forward-looking statements are based on management's current expectations, but they involve a number of risks and uncertainties. Actual results and the timing of events could differ materially from those anticipated in the forward-looking statements, as the result of such factors, risks and uncertainties as (1) competition in the markets for the products and services sold by the company, (2) the ability of the company to execute its plans, (3) other factors detailed in the company's public filings with the SEC, including, without limitation, those described in the Company's annual report on Form 10-K for the year ended June 30, 2011 as filed with the Securities and Exchange Commission and available at

Contact Information

  • Contact Information

    Sales Inquiries:
    Paul Mackenzie
    Director of Global Sales ElectriPlast Corp.

    Corporate/Media Inquiries:
    Doug Bathauer
    V.P. Corporate Development Integral Technologies

    Integral Technologies Investor Inquiries:
    Scott McArthur

    Volta Volare' Corp.
    Sales Inquiries:
    Kenneth F. MacDonald
    VP Sales
    888-99EVAIR (993-8247)

    Corporate/Media Inquiries:
    Peter Charlton