Home > Press > Industrial Nanotech, Inc. Announces New OEM Customer
Abstract:
Industrial Nanotech, Inc. (OTC-PINK INTK), an emerging global leader in nanotechnology based energy saving solutions, today announced that the Company's patented thermal insulation and protective coatings are now being used as an OEM (original equipment manufacturer) upgrade application on new textile machinery. The Company's distributor for Turkey, Kolorgen Ltd, confirmed that Ornek Makine, based in Gaziantep, Turkey, has shipped their first yarn heat setting machine to a customer in the Southeastern United States which has a factory applied coating of Industrial Nanotech's High Heat and EPX thermal insulation coatings for energy efficiency. This represents the second major OEM application with these patented nanotechnology-based coatings.
"Our industrial insulation and corrosion and chemical resistant coatings have been used successfully by multiple companies in the textile manufacturing industry since 2005, " stated Francesca Crolley VP of Business Development for Industrial Nanotech, Inc. "Our solutions for insulation of textile manufacturing equipment and reported energy savings for industry of between 10%-25%, which equates to our products paying for themselves in 6 - 18 months, is a huge advancement for the industry."
Ornek Makine San. ve Tic. A.S. has been an expert in textile machine manufacturing since 1963 and the company has become one of the leading companies in the sector of carpet and carpet yarn machines. Their textile machinery is sold worldwide.
This is the second OEM deal for Industrial Nanotech, Inc. In June, 2014, the Company announced a deal with the largest manufacturer of concrete roof tile in the US to incorporate the Company's Crystal coating onto concrete roof tile at the factory and production of that product began at the end of 2014.
Francesca Crolley VP of Business Development for Industrial Nanotech, Inc. continued, "Forming relationships with large and well established manufacturing companies around the world to incorporate our technologies and products into their products at the factory and sell them through their existing successful sales channels is a top priority for our Company and we expect to be announcing more OEM deals in the near future."
You can find more details on the textile manufacturing companies that have benefitted from Industrial Nanotech's insulating technology at www.nansulatetestimonials.com.
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About Industrial Nanotech, Inc.
Industrial Nanotech Inc. is a global nanoscience solutions research and development leader. The Company develops and commercializes new and innovative applications for sustainable nanotechnology which are sold worldwide, including their patented product line of award winning, specialty coatings containing a nanotechnology based material and which provide the combined performance qualities of energy savings, thermal insulation, corrosion resistance, prevention of CUI, moisture resistance, chemical resistance, and other protective benefits. Additional information about the company and its products can be found at www.inanotk.com.
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.
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Contacts:
Industrial Nanotech, Inc.
Toll Free: 800-767-3998
Tel: +1 239-254-0346
Industrial Nanotech, Inc.
Francesca Crolley
US & Canada: 800-767-3998
International: +1 239-254-0346
Copyright © Industrial Nanotech, Inc.
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