Finance Articles

Industrial Nanotech Hires VP of Finance and Director of Latin American Operations

Naples, FL (PRWeb) December 4, 2006 -- Industrial Nanotech, Inc. (OTC: INTK), Industrial Nanotech, Inc., a Company that specializes in nanotechnology innovation and product development, today announced the addition of J. R. Lampson as the Company's Vice President of Finance and Director of Latin American Operations.

Mr. Lampson brings over 20 years of experience working in senior Finance and Accounting positions for large corporations such as Wang Laboratories, Gateway International, Culligan International and The Nutrasweet Company. During his extensive career, Mr. Lampson oversaw all Latin American operations for two of these US-based corporations and worked in the region directly serving as Director of Finance.

"We are very excited to welcome such a seasoned and successful executive to assist us in the areas of finance and operations expansion. J. R.'s experience working with outside auditors will greatly assist us to expedite the process of providing fully audited financial statements. His track record of successfully financing operations through debt instruments will greatly assist us with our future expansion projects. Additionally, J.R.'s vast network of Latin American business contacts in countries such as Mexico, Argentina, Ecuador, Colombia, Venezuela and Chile enables him to spearhead our efforts to expand distribution in this region," commented Chief Executive Officer of Industrial Nanotech, Stuart Burchill.

"I am very excited to join such a forward looking corporation that produces a superior and innovative line of products. My financial experience and network of contacts are a perfect complement to the current financial and operational conditions of Industrial Nanotech," commented J. R. Lampson.

For more information about Nansulate, please visit www.nansulate.com.

About Nansulate™
Nansulate is a product line of water-based translucent insulation coatings containing a nanotechnology-based material well-documented to provide thermal insulation, prevent corrosion and resist mold. The entire Nansulate Product Line includes: Nansulate GP, Nansulate PT, Nansulate Chill Pipe, Nansulate High Heat, Nansulate HomeProtect ClearCoat and HomeProtect Interior, and Nansulate LDX.

Nansulate GP is a general purpose formulation designed for wood, fiberglass and other non-metal substrates and Nansulate PT is a direct to metal coating for pipes, tanks and other metallic substrates. Coatings that target extreme industrial environments include Nansulate Chill Pipe designed for low temperature applications on pipes and tanks and Nansulate High Heat designed for high temperature applications. Nansulate HomeProtect ClearCoat and HomeProtect Interior are designed for residential and commercial buildings and Nansulate LDX is designed for lead encapsulation applications.

About Industrial Nanotech Inc.
Industrial Nanotech Inc. is a global nanoscience solutions and research leader. The Company develops and commercializes new and innovative applications for nanotechnology that address real-world needs through its funding of and participation in research with world-leading scientists and laboratories, including the U.S. Center for Integrated Nanotechnology (CINT) and Princeton Polymers Laboratories, Inc.

For more information about Industrial Nanotech, Inc., please visit www.industrial-nanotech.com.

Safe Harbor Statement
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

Contact:

Industrial Nanotech, Inc.
(800) 508-6153

Investors:
ZA Consulting
David Zazoff
(212) 505-5976

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