Industrial Nanotech, a developer of nanotechnology based energy saving products, has secured a purchase order worth nearly $1.2m from its exclusive distributor in Saudi Arabia for its patented Nansulate energy saving protective coatings.
Nansulate protective coating, which is claimed to provide combined performance qualities of thermal insulation, corrosion prevention, resistance to mold growth, fire and chemical resistance, pays for itself in real dollar energy savings in a short period of time.
The purchase order from Saudi Arabia is a testament to the growing acceptance of Nansulate protective coating by companies who previously had been hesitant to be early adopters, into their standard energy saving protocols.
Industrial Nanotech vice president of business development Francesca Crolley said that as indicated by the Q3 2010 revenue numbers and this purchase order from Saudi Arabia, the company continues to experience increases in revenue growth in a wide variety of market sectors and geographical regions.