Armstrong Signs Deal With Industrial Nanotech
Naples, FL, September 13, 2006--Industrial Nanotech, a company specializing in nanotechnology innovation and product development, today announced the signing of an agreement submitted by Armstrong World Industries, Inc., to work towards incorporation of the company's proprietary technologies into products manufactured by Armstrong. "The application of Nansulate coatings on walls and in attics of commercial and residential buildings has been an important and growing market sector for us," stated Stuart Burchill, CEO of Industrial Nanotech. "Armstrong World Industries approached us in early August and I found the concept of incorporating our technology into their ceiling and flooring products as an OEM product to be a fascinating idea with tremendous potential. This agreement, which I signed as submitted yesterday, will allow us to significantly expand this market for Nansulate and will provide Armstrong with a superior proprietary product line in a very competitive industry," added Burchill. Nansulate is a product line of water-based translucent insulation coatings containing a nanotechnology-based material well-documented to provide thermal insulation, prevent corrosion and resist mold. The entire Nansulate Product Line includes: Nansulate GP, Nansulate PT, Nansulate Chill Pipe, Nansulate High Heat, Nansulate HomeProtect ClearCoat and HomeProtect Interior, and Nansulate LDX. Nansulate GP is a general purpose formulation designed for wood, fiberglass and other non-metal substrates and Nansulate PT is a direct to metal coating for pipes, tanks and other metallic substrates. Coatings that target extreme industrial environments include Nansulate Chill Pipe designed for low temperature applications on pipes and tanks and Nansulate High Heat designed for high temperature applications. Nansulate HomeProtect ClearCoat and HomeProtect Interior are designed for residential and commercial buildings and Nansulate LDX is designed for lead encapsulation applications. Industrial Nanotech Inc., is a global nanoscience solutions and research leader. The Company develops and commercializes new and innovative applications for nanotechnology that address real-world needs through its funding of and participation in research with world-leading scientists and laboratories, including the U.S. Center for Integrated Nanotechnology (CINT) and Princeton Polymers Laboratories.
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