Home > Press > Industrial Nanotech, Inc. Announces Record High Holiday Season Revenues
![]() |
Abstract:
Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global leader in nanotechnology, today announced that the Company experienced record high revenues for its patented Nansulate® energy saving coatings during the normally slow holiday season.
"We historically experience a drop off in sales from early November through the first of the new year," stated Francesca Crolley, VP of Operations and Marketing for Industrial Nanotech, Inc. "Last year, for the two months between November 5, 2007 and January 5, 2008, total revenues were $219,761.73. This year, between November 5, 2008 and January 5, 2009, total revenues jumped to $447,584.75. This was achieved without resorting to sales or unusual discount offers and with a more than 50% reduction in operating expenses. We are pleased to see that the extra effort and hard work which we have invested to offset the general economic conditions worldwide is paying off. It is fortunate and advantageous for Industrial Nanotech, Inc. and our shareholders that, in this era of increasing fiscal constraint by consumers and businesses, our products are easy-to-use, practical, cost effective, and save our customers money by lowering their expenses month after month and year after year."
About Nansulate(R)
Nansulate(R) is the Company's patented product line of specialty coatings containing a nanotechnology based material and which are well-documented to provide the combined performance qualities of thermal insulation, corrosion prevention, resistance to mold growth, fire resistance, chemical resistance, and lead encapsulation in an environmentally safe, water-based, coating formulation. The Nansulate(R) Product Line includes both industrial and residential energy saving coatings. Additional information about the Company and its products can be found at their websites, (www.industrial-nanotech.com) and (www.nansulate.com).
####
About Industrial Nanotech, Inc.
Industrial Nanotech Inc. is quickly emerging as a global nanoscience solutions and research leader. The Company develops and commercializes new and innovative applications for nanotechnology.
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.
For more information, please click here
Contacts:
For Industrial Nanotech, Inc., Naples
The Cervelle Group, LLC
Investor Relations:
Rob Karbowsky
407-475-9966, ext. 227
or
Media Relations:
David Donlin
407-475-9966
Copyright © Business Wire 2008
If you have a comment, please Contact us.Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.
Related News Press |
News and information
Sensors innovations for smart lithium-based batteries: advancements, opportunities, and potential challenges August 8th, 2025
Deciphering local microstrain-induced optimization of asymmetric Fe single atomic sites for efficient oxygen reduction August 8th, 2025
Lab to industry: InSe wafer-scale breakthrough for future electronics August 8th, 2025
Materials/Metamaterials/Magnetoresistance
First real-time observation of two-dimensional melting process: Researchers at Mainz University unveil new insights into magnetic vortex structures August 8th, 2025
Researchers unveil a groundbreaking clay-based solution to capture carbon dioxide and combat climate change June 6th, 2025
A 1960s idea inspires NBI researchers to study hitherto inaccessible quantum states June 6th, 2025
Institute for Nanoscience hosts annual proposal planning meeting May 16th, 2025
Announcements
Sensors innovations for smart lithium-based batteries: advancements, opportunities, and potential challenges August 8th, 2025
Deciphering local microstrain-induced optimization of asymmetric Fe single atomic sites for efficient oxygen reduction August 8th, 2025
Japan launches fully domestically produced quantum computer: Expo visitors to experience quantum computing firsthand August 8th, 2025
ICFO researchers overcome long-standing bottleneck in single photon detection with twisted 2D materials August 8th, 2025
Financial Reports
Arrowhead Pharmaceuticals to Webcast Fiscal 2021 Second Quarter Results April 16th, 2021
Arrowhead Pharmaceuticals to Webcast Fiscal 2021 Second Quarter Results April 16th, 2021
Home
Nanomaterials enable dual-mode heating and cooling device: Device could cut HVAC energy use by nearly 20% in the US December 2nd, 2020
Bosch Sensortec launches ideation community to foster and accelerate innovative IoT applications : Creativity hub for customers, partners, developers and makers February 18th, 2019
Iran Develops Water-Repellent Nano-Paint December 5th, 2018
Industrial
Quantum interference in molecule-surface collisions February 28th, 2025
Boron nitride nanotube fibers get real: Rice lab creates first heat-tolerant, stable fibers from wet-spinning process June 24th, 2022
Nanotubes: a promising solution for advanced rubber cables with 60% less conductive filler June 1st, 2022
Protective equipment with graphene nanotubes meets the strictest ESD safety standards March 25th, 2022
![]() |
||
![]() |
||
The latest news from around the world, FREE | ||
![]() |
![]() |
||
Premium Products | ||
![]() |
||
Only the news you want to read!
Learn More |
||
![]() |
||
Full-service, expert consulting
Learn More |
||
![]() |