SOURCE: IO Circuit

June 25, 2007 06:30 ET nCoat, Inc. (OTC BB: NCOA) Granted the Frost & Sullivan 2007 North American Product Innovation of the Year Award

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IO Circuit.

LAKE HARMONY, PA--(Marketwire - June 25, 2007) - nCoat, Inc. (OTCBB: NCOA) announced last week that it has received the prestigious Frost & Sullivan 2007 North American Product Innovation of the Year Award for its thermal barrier coatings. nCoat is an emerging nanotechnology company focused on development and marketing of coatings applied to metal, ceramics, fabric, and other materials. "Receiving this award from internationally respected Frost and Sullivan is a significant validation of the commercial viability of our nano-coatings," said Paul Clayson, CEO of nCoat. "As customer use and testing continues to validate the exponential performance increase of these products over market norms, we expect to capture extensive market share in our target markets. We thank Frost and Sullivan for recognizing the market potential of our coatings."

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