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Sales Climb for Industrial Nanotech

Tuesday, May 26, 2009

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Industrial Nanotech Inc. (Pink Sheets: INTK) has announced that its product sales in April 2009 represent a 12 percent increase over those of April 2008.
 
“We have experienced a significant increase in activity and worldwide product sales for Nansulate energy-saving and asset protection coatings in the month of April 2009, to levels which not only meet, but exceed, our sales in April of 2008,” said Francesca Crolley, VP of Operations and Marketing for Industrial Nanotech.

“Large projects that had been put on hold due to our customers’ lack of access to their usual credit lines are now starting up again, and we are also seeing our revenue stream of sales … again showing the level of growth we expect.

“We are optimistic that this revenue trend will continue and every indication from the increase in product inquiries and confirmed upcoming projects is that 2009 will be another year of strong revenue growth rates for Industrial Nanotech Inc.”

Nansulate is the company's patented product line of specialty coatings, with performance qualities that include 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 line includes industrial, residential, agricultural and solar thermal insulation coatings. For more information, visit www.industrial-nanotech.com or www.nansulate.com.

   

Tagged categories: Earnings reports; Industrial Nanotech

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