Industrial nanotech distributor awarded contract to supply Nansulate for biofuel refinery project

Aug. 8, 2007
Industrial Nanotech Inc., an emerging global leader in nanotechnology, announced today that its Oklahoma-based distributor, Pioneer Builders, has been awarded a contract to supply over 800 gallons of the Company's patented thermally insulating and corrosion resistant coating, Nansulate, for a new biofuel facility being built by Greenlight Biofuels, Ltd. Pioneer Builders will apply the nanotechnology-based coating on large tanks, lines, and other refinery equipment being installed...

NAPLES, FL, August 6, 2007 -- Industrial Nanotech Inc., an emerging global leader in nanotechnology, announced today that its Oklahoma-based distributor, Pioneer Builders, has been awarded a contract to supply over 800 gallons of the Company's patented thermally insulating and corrosion resistant coating, Nansulate®, for a new biofuel facility being built by Greenlight Biofuels, Ltd. Pioneer Builders will apply the nanotechnology-based coating on large tanks, lines, and other refinery equipment being installed in the new facility.

"Biofuels and biofuel refinery construction represent an exciting and fast growing industry that is critical to creating economically and environmentally responsible fuel sources," stated Francesca Crolley, V.P. Operations & Marketing. "Nansulate® can significantly increase the efficiency and lifespan of plant and equipment at biofuel facilities, offering a clean, earth friendly solution to issues of thermal insulation and corrosion protection that many facilities face daily. This contract is an important milestone as we continue to increase our market penetration of a variety of significant industrial market sectors."

Nansulate® 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, and resistance to mold growth in an environmentally safe, water-based, coating formulation. The Nansulate® Product Line includes both industrial and residential coatings.

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.

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