Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global leader in nanoscience energy saving solutions, today announced the release of a report by Mexico's CFE (Comision Federal de Electicidad, Federal Electricity Commission), summarizing a study they completed on the company's nanotechnology-based insulating coatings, Nansulate®. The study found that the coatings provided significant energy savings during both day time and night time hours. The findings of the study qualify Nansulate® for the energy efficiency rebate program offered by INFONAVIT, Mexico's state owned, and largest, mortgage provider. The company's exclusive Mexican distributor, Distribuidora Nano de America S.A. de C.V., estimates that the initial number of units to utilize Nansulate®, designated as Nr1 homes, is approximately 600,000 units, with a roof area of 36 square meters per unit.
“The CFE report shows how effective the coating is even though the roof area was the only one insulated, with no other part of the units having any insulation whatsoever,” explained Carlos Medina Erhard, of Distribuidora Nano de America.
Francesca Crolley, V.P. Business Development for Industrial Nanotech, Inc., continues, “We look forward to the use of Nansulate in the Mexican government's energy rebate program and to further inclusion and recognition by other forward thinking and well informed governments, including our own. The study is significant in that it shows that our products are effective in residential environments during a full 24 hour cycle, not just during the daylight hours. Additional benefits will be experienced by the homeowners who choose to use the product on the walls of their homes also.”
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.