Dec 5 2009
Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global leader in nanoscience solutions, today announced that the Company has received an initial inventory order from Angstrom Technology Private Limited, the Company’s exclusive distributor for India, whose agreement was signed and announced on November 30th.
The initial order is for one sea container (1440 gallons) of mixed Nansulate® thermal insulation and asset protection coating products, which has a retail value of approximately $122,000.00 USD.
“Angstrom Technology has a strong sales team and a solid plan in place for marketing Nansulate® coatings in India,” stated Francesca Crolley, V.P. Business Development for Industrial Nanotech, Inc. “This initial order is in accordance with their multi-pronged sales approach for the country which includes institutional sales, retail sales, sales through a network of trained applicators, e-commerce and other initiatives. In addition to being innovative thinkers, their parent company A.L. Batra Group of Industries, founded in 1911, has a significant and successful history. We look forward to a rapidly expanding presence for our energy saving technology in India through their dynamic leadership and experience as a key player in several core sections of the Indian economy.”
Source: http://www.industrial-nanotech.com/