Business
Industrial Nanotech, Inc. Continues Global Development Focus on Original Equipment Manufacturer (OEM) Applications
Industrial Nanotech, Inc. Continues Global Development Focus on Original Equipment Manufacturer (OEM) Applications.
About this update from Industrial Nanotech, Inc.
[{"type":"text","content":"\n \n \n Industrial Nanotech, Inc. Continues Global Development Focus on Original Equipment Manufacturer (OEM) Applications\n \n \nIndustrial Nanotech, Inc. Continues Global Development Focus on Original Equipment Manufacturer (OEM) Applications\n\nIndustrial Nanotech Continues Connecting With Manufacturers Who Seek Out Their Patented Thermal Insulation and Protective Coatings\n\n \n NAPLES, FL--(Marketwired - Jun 10, 2015) - Industrial Nanotech, Inc. (OTC PINK: INTK), a global leader in nanotechnology based energy saving solutions, today announced that it is continuing its global development focus to significantly expand their OEM client base this year. In addition to the two previously announced relationships with the largest U.S. manufacturer of concrete roof tiles, and with Turkish textile manufacturer Ornek Makine San. ve Tic. A.S, the Company is currently in negotiations with four other manufacturers in the textile, industrial equipment, consumer goods, and food and beverage industries about using the Company's technology in a factory application to enhance their products.\n \"By focusing on developing these OEM relationships for application of our products to multiple material and equipment types, not only can we offer more application choices to our existing customers by leveraging Industrial Nanotech's patented and unique technology and exceptional factory installation support, we can drive new growth opportunities, further expand our global presence, and help these manufacturing clients offer a valuable upgrade to their existing product,\" stated Francesca Crolley, VP of Business Development for Industrial Nanotech, Inc. \"With a track record of over 11 years of proven performance in environments around the world, the timing is perfect for us to focus on global development of these types of relationships, which we expect to be a major growth area for our Company this year and beyond.\"\n Industrial Nanotech, Inc. has previously announced two OEM deals. In June, 2014, the Company announced a deal with the largest manufacturer of concrete roof tile in the U.S. to incorporate the Company's Crystal coating onto concrete roof tile at the factory, and production of that product began at the end of 2014. In January, 2015, the Company announced a deal by their Turkish distributor with Ornek Makine to coat their textile manufac...