NAPLES, FL--(Marketwired - Nov 28, 2016) - Industrial Nanotech, Inc. (OTC PINK: INTK), a global leader in nanotechnology-based energy saving solutions, today announced that the Company will be launching a new product in January of 2017 which, when applied to solar panels in the field or in the factory, increases the energy generation performance by over 12% and makes the panels extremely abrasion resistant, an important benefit in the sandy desert areas where solar panels are often used.
"Four years of testing at one of the top research universities in the world shows an increase in energy generation performance of solar panels of 12.9% after this coating was applied. We will provide complete testing data and details at product launch," stated Stuart Burchill, CEO/CTO of Industrial Nanotech, Inc. "We will be working with solar panel contractors for application to existing installations and with solar panel manufacturers to apply it to new solar panels at the factory during the manufacturing process."
Mr. Burchill continued, "Historically, our area of technical expertise has been energy conservation. This marks our first step into the field of energy generation, an area of expertise we feel is a logical next step for the Company."
About Industrial Nanotech, Inc.
Industrial Nanotech Inc. is a global nanoscience solutions and research leader. The Company develops and commercializes new and innovative applications for sustainable manufacturing and buildings which are sold worldwide, including patented thermal insulation and asset protection coatings, which provide energy savings, thermal insulation, corrosion resistance, prevention of CUI, moisture resistance, UV resistance, chemical resistance, and other protective benefits. The coatings are low VOC, water-based, and sustainable.
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.