City of Fairbanks Chooses Nansulate[R] Insulation Coatings by Industrial Nanotech, Inc. For Major Municipal Project.NAPLES, Fla. -- Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global leader in nanoscience solutions, today announced that the company's Alaskan distributor, Nanotech Energy Solutions, Inc., has received an order from the City of Fairbanks to provide the Company's patented Nansulate[R] energy saving and asset protection coatings for five city buildings to increase energy efficiency and reduce fuel costs. The first building to be coated with Nansulate[R] is the Fairbanks City Hall and that application is already underway. The other buildings in the project include the Fire Department, Police Department, Department of Public Works public works pl.n. Construction projects, such as highways or dams, financed by public funds and constructed by a government for the benefit or use of the general public. Noun 1. and a fifth city building. Nanotech Energy Solutions, Inc. estimates the amount of the product for the entire project to be approximately 12,000 gallons. "Steve Mroz and his team at Nanotech Energy Solutions, Inc. are making important strides to promote energy efficiency in Alaska," explained Francesca Crolley, V.P. of Business Development for Industrial Nanotech, Inc. "It is not always easy to champion a new technology and they have worked hard to demonstrate the benefits of Nansulate technology to the City of Fairbanks, the military and many others. They are truly what we refer to as 'Nanopioneers'. By adopting this proven energy saving technology, the City of Fairbanks will benefit the people of their city and serve as an example to other cities in the U.S. looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. ways to reduce energy consumption and costs." About Nanotech Energy Solutions, Inc.: Nanotech Energy Solutions, Inc. is the exclusive distributor for Nansulate[R] energy saving and asset protection coatings in Alaska. They provide product and services for industry, oil and gas, commercial and residential clients. Their mission is to provide solutions to rising energy and fuel costs in their state. For further information, please contact Nanotech Energy Solutions, Fairbanks, AK at 907-451-7825. About Nansulate(R) Nansulate(R) is the Company's patented product line of award winning, specialty coatings containing a nanotechnology based material and which are well-documented to provide the combined performance qualities of thermal insulation The term thermal insulation can refer to materials used to reduce the rate of heat transfer, or the methods and processes used to reduce heat transfer. Heat is transferred from one material to another by conduction, convection and/or radiation. , corrosion prevention, resistance to mold growth, fire resistance, chemical resistance and lead encapsulation (1) In object technology, the creation of self-contained modules that contain both the data and the processing. See object-oriented programming. (2) The transmission of one network protocol within another. in an environmentally safe, water-based, coating formulation. The Nansulate(R) Product Line includes industrial, residential, agricultural and solar thermal insulation coatings. Additional information about the Company and its products can be found at their websites, (www.industrial-nanotech.com) and (www.nansulate.com). Blog: www.nansulate.com/nanoblog, Twitter A Web site and service that lets users send short text messages from their cellphones to a group of friends. Launched in 2006, Twitter (www.twitter.com) was designed for people to broadcast their current activities and thoughts. : www.twitter.com/NanoPioneer. About Industrial Nanotech Inc. Industrial Nanotech Inc. is a global nanoscience solutions and research leader and member of the U.S. Greenbuilding Council and the American Solar Energy Society The American Solar Energy Society (ASES) is dedicated to advancing the U.S. toward a sustainable energy economy. ASES publishes Solar Today magazine, organizes the National Solar Tour, produces the National Solar Energy Conference, and advocates for policies to promote the research . The Company develops and commercializes new and innovative applications for nanotechnology which are sold worldwide. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement Safe Harbor Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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 fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. , the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated ob·li·gate tr.v. ob·li·gat·ed, ob·li·gat·ing, ob·li·gates 1. To bind, compel, or constrain by a social, legal, or moral tie. See Synonyms at force. 2. To cause to be grateful or indebted; oblige. 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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