NAPLES, Fla.–(Business Wire)–
Industrial Nanotech, Inc., an emerging global leader in nanoscience solutions,
announced today it has entered into a supplier agreement with Grainger, a
national distributor of maintenance, repair and operating (MRO) products. The
company`s patented Nansulate energy saving protective coatings are available
through Grainger`s catalog, Web site (www.grainger.com/news) and national branch
Founded in 1927, Grainger provides 2 million customers quick, easy access to the
products they need to keep their facilities up and running. With 2009 sales of
$6.2 billion, Grainger serves businesses and institutions in 153 countries.
“This relationship is a very important and logical next step for Industrial
Nanotech,” states Francesca Crolley, VP of Business Development for Industrial
Nanotech, Inc. “Since April of 2004, the Nansulate product line has proven
itself to be a value added proposition for customers in a wide range of
industries and in countries all around the world. This relationship with a
company of the size and stature of Grainger immediately expands exponentially
the sales, marketing and distribution resources available to increase the
exposure for the Nansulate product line and the innovative technology and energy
saving benefits that the product offers.”
The Nansulate product line is well-documented to provide the combined
performance qualities of thermal insulation, corrosion prevention, resistance to
mold growth, fire resistance, chemical resistance and lead encapsulation in an
environmentally safe, water-based, coating formulation.
“Our customers are telling us they`re looking for help making their facilities
more energy efficient,” said Fred Costello, Grainger`s Vice President, Product
Management. “The Nansulate product line is an excellent example of the types of
coatings that businesses and institutions can use to reduce energy costs while
protecting equipment from damage.”
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, corrosion prevention, resistance to mold growth, fire resistance,
chemical resistance and lead encapsulation 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: 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 Company develops and commercializes new and innovative applications
for nanotechnology which are sold worldwide.
W.W. Grainger, Inc., with 2009 sales of $6.2 billion, is the leading broad line
supplier of maintenance, repair and operating (MRO) products serving businesses
and institutions in the United States, Canada and Mexico with an expanding
presence in Japan, India, China and Panama. For more information about the
company, visit www.grainger.com/news.
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.
For Industrial Nanotech, Inc.
The Cervelle Group, LLC
Rob Karbowsky, 407-614-5959, ext. 227
Copyright Business Wire 2010