OTC Industrial Nanotech, Inc. (INTK.PK) Reports Energy Saving Project with Textile Manufacturer Arik Bey Tekstil

NAPLES, Fla.–Industrial Nanotech, Inc. (Pink Sheets:INTK.pk – News), an emerging global leader in nanoscience energy saving solutions, announced today that their Turkish distributor, Kolorgen Ltd, has completed installation of the Company’s patented Nansulate® thermal insulation coatings at the Beysehir, Konya, Turkey location of Arik Bey Tekstil Enerji ve Sinai Yatirimlar A.S. Nansulate® High Heat thermal insulation and corrosion prevention coating was used for insulation of dyeing machines and associated steam pipes to reduce energy consumption, lower surface temperature, and reduce carbon emissions. Once the initial project is complete, the project will continue at each of their two factories, the other is located in Istanbul, Turkey. Photos of the project are available at www.nansulate.com/arikbey.htm.

“We are now at a stage that we are getting recognition from many other industries,” stated Vedat Bilgin, President, Kolorgen Ltd. “Over and over again, both in Turkey and other countries, we have proven to several industries that Nansulate® surpasses all other forms of insulation in terms of energy saving capability, durability and long service life in harsh environments. We now have a few ongoing projects with some leading textile companies in Turkey and abroad, as well as companies in other industries.”

Francesca Crolley V.P. Business Development, Industrial Nanotech, Inc., explains, “We have a very successful track record in the textile manufacturing industry for providing energy savings through insulation of equipment such as dyeing machines, steam pipes, boilers, and heat exchangers. We’ve worked with numerous textile companies, such a Coats plc who expects to reduce their steam consumption by 10 percent and their global carbon footprint by 2%, Henateks Textile, who documented an average 20% reduction in liquid natural gas with a 7 month payback, and numerous others, to reduce their energy savings significantly through use of Nansulate® advanced insulation technology. Our textile and other manufacturing clients have been very pleased with the multiple benefits the coatings offer, which are energy cost savings, reduction of carbon emissions, and improved worker safety by reducing surface temperature and heat expelled into the environment.”

Arik Bey Tekstil Enerji ve Sinai Yatirimlar is owned by Akkanat Holding, a diversified group of companies, active in textiles, power generation and tourism. Arik Bey is a contract supplier for adidas, and both locations are listed on their July 2011 List of Authorized Suppliers – London 2012 Olympic and Paralympic Games.

About Nansulate®

Nansulate® is the Company’s patented product line of award winning, specialty coatings containing a nanotechnology based material and which 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. Nansulate® products are made in the USA. 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, Facebook: www.facebook.com/Nansulate.

About Industrial Nanotech Inc.

Industrial Nanotech Inc. is a global nanoscience solutions and research leader and member of the U.S. Greenbuilding Council and an official ALLY organization with the U.S. Dept. of Energy “Save Energy Now”program. The Company develops and commercializes new and innovative applications for sustainable nanotechnology which are sold worldwide.

Shares of Industrial Nanotech, Inc. (INTK.PK) Active on Shipment 2,973 Gallon Order of Nansulate® Nanotechnology

Industrial Nanotech, Inc. (INTK.PK)NAPLES, Fla.–Industrial Nanotech, Inc. (Pink Sheets:INTK.pk – News), an emerging global leader in nanoscience energy saving solutions, announced today that they have begun shipment of 2,973 gallons of the Company’s patented Nansulate® Translucent PT insulation and corrosion control coating to industrial contractor, Montaco, who will be applying the product on fuel oil storage tanks at the Porto refinery in Portugal beginning late August through September 2011. The Porto refinery is also known as Matosinhos refinery, owned by Galp Energia. This order represents a sale amount of over $225,800.

“This is our second project at Galp Energia’s Matosinhos refinery. We fulfilled an order for our first project there last year to insulate and prevent corrosion on an oil pipeline. This recent order will be used to insulate and protect vital fuel oil storage tanks,” stated Francesca Crolley, V.P. of Business Development for Industrial Nanotech, Inc. “As a result of the two projects at the Matosinhos refinery, we have now received other requests for refinery and biofuel project specifications, including one for a 185,000 m3 bunkering terminal and another for 6000 m2 fuel storage tanks. Nansulate® coating technology represents an innovation in insulation, combining thermal barrier properties with corrosion control, UV and moisture resistance, to provide a long-term and durable solution that maintains its integrity over time. It’s a natural fit for refineries of all types, from oil and gas to biofuel and biodiesel, to reduce energy costs while also lowering maintenance costs for their equipment. Additionally, it is an example of a nanotechnology based invention that is from U.S. ingenuity, U.S. manufactured, and is helping reduce energy consumption and provide protective solutions around the world.”

Galp Energia SGPS SA, Portugal’s biggest oil company, plans to invest 5.2 billion euros ($6.5 billion) through 2013 as it develops projects including Tupi, the biggest oil discovery in the Americas in three decades. Galp plans to spend 2.2 billion euros on its refining and marketing division, mostly on conversion projects at its Sines and Porto refineries as it tries to increase diesel output and improve refining margins. Galp Energia acquires from several suppliers the crude oil that is processed in its refineries at Sines and Porto. These refineries have a total refining capacity of 310 thousand barrels of crude oil a day, or 20% of the Iberian Peninsula’s refining capacity.

About Nansulate®

Nansulate® 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® 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, Facebook:www.facebook.com/Nansulate.

About Industrial Nanotech Inc.

Industrial Nanotech Inc. is a global nanoscience solutions and research leader and member of the U.S. Greenbuilding Council and an official ALLY organization with the U.S. Dept. of Energy “Save Energy Now”program. The Company develops and commercializes new and innovative applications for sustainable nanotechnology which are sold worldwide.