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Industrial Nanotech CEO Invited to Petrobras Headquarters to Discuss Additional Projects

Industrial Nanotech, Inc, an emerging global leader in nanotechnology, announced today that its CEO, Stuart Burchill, will be meeting with engineers and executives at the headquarters of Petrobras, Brazil’s oil and gas company, to discuss additional projects on August 27 – 31, 2007. Industrial Nanotech is currently scheduled to provide its nanotechnology based coatings to Petrobras for 250 kilometers of pipeline.

“The unique performance characteristics of the coating which we custom designed to suit their needs for the 250 kilometer pipeline project, combined with our recently developed application process and equipment which dramatically reduces application time and therefore cost, is quite an innovative solution. This has generated interest at the executive levels of Petrobras’ management in Industrial Nanotech’s broad spectrum of skill sets,” states Stuart Burchill, CEO of Industrial Nanotech. “I received the invitation last week from the project manager with whom we have been working since last summer and I have committed to the dates they requested. His superiors have asked for meetings with me to discuss other potential applications for our products and capabilities at Petrobras facilities throughout the world.”

Mr. Burchill will attend two days of meetings with engineers and senior management at Petrobras headquarters in Rio de Janeiro, then spend a day touring the oil and gas pipe manufacturing facility in San Paulo and meeting technical staff there, then visit a pipeline installation project for a field analysis.

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