Industrial NanoTech (INTK) Secures $750,000 Intent for Polish Energy-Saving Projects

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Industrial NanoTech (INTK) secures a $750,000 letter of intent for energy-saving projects in Poland and initiates a pilot project in Sulęczyno, showcasing commitment to sustainable development and innovative technologies.

NAPLES, Fla., Feb. 26, 2024 /PRNewswire/ -- Industrial NanoTech (INTK), steered by its visionary new presidents, Mr. Paweł Cyniak and Mr. Wojciech Samiło, is delighted to announce not only a pioneering pilot project in Sulęczyno, Poland, but also the reception of a letter of intent valued at $750,000 for energy-saving projects across Poland. This significant commitment, with close to 10% of the funds already transferred to the company, underscores the trust and anticipation surrounding our innovative technologies and their potential impact on energy efficiency nationwide.

Corporation Industrial NanoTech lands $750K for Polish energy-saving projects, begins pilot in Sulęczyno.

The initial pilot investment, aimed at enhancing thermal insulation on the facade and roof of a municipal building in Sulęczyno, represents the first step in this ambitious journey. Valued as a strategic initiative, this project highlights our commitment to sustainable development and is expected to offer considerable energy savings. Following successful implementation and approval of our technology by officials, plans will extend to encompass all facilities managed by the municipal authority, promising a future of reduced energy consumption for heating and cooling, alongside prolonged building maintenance free from mold, fungi, and moisture.

The comprehensive support from Poland, marked by the $750,000 letter of intent, sets a solid foundation for a series of energy-saving initiatives. It not only demonstrates confidence in Corporation Industrial NanoTech's solutions but also marks a significant milestone in our efforts to promote environmental sustainability and energy efficiency.

Our specialized construction team in Poland is prepared to carry out these projects, ensuring adherence to the highest standards of efficiency and quality.

The Board of Directors of Corporation Industrial NanoTech expresses its profound gratitude for this trust and support, viewing it as a testament to our innovative approach and dedication to environmental stewardship. This venture aligns perfectly with our mission to deploy cutting-edge, eco-friendly solutions that serve the communities and the environment.

About Corporation Industrial NanoTech
Corporation Industrial NanoTech is a global leader in nanotechnology-based solutions, specializing in the development and commercialization of high-performance coatings and thermal insulation materials. Our innovative products are designed to provide energy savings, corrosion resistance, and environmental protection for a wide range of industrial and residential applications. With a commitment to sustainability and efficiency, Corporation Industrial NanoTech's technologies are deployed in over 40 countries, helping clients reduce their carbon footprint while improving the longevity and performance of their assets. Our mission is to harness the power of nanotechnology to create products that contribute to a safer, healthier, and more sustainable world.

Safe Harbor Statement

Under the Private Securities Litigation Reform Act of 1995, this release contains forward-looking statements pursuant to the safe harbor provisions, involving risks and uncertainties. These include potential impacts from competitive products, challenges in meeting customer demand, managing company growth, integrating new technologies, equipment, or personnel, as well as navigating the effects of economic and business conditions. Industrial Nanotech Inc. is not required to revise or update any forward-looking statements due to events or circumstances that may arise after the date of this release.

For more information about this initiative and other projects, please contact:

invest@industrial-nanotech.com

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SOURCE Industrial Nanotech, Inc.

FAQ

What is the value of the letter of intent received by Industrial NanoTech (INTK) for energy-saving projects in Poland?

The letter of intent is valued at $750,000.

Where is the pilot project initiated by Industrial NanoTech (INTK) taking place?

The pilot project is taking place in Sulęczyno, Poland.

What is the aim of the initial pilot investment by Industrial NanoTech (INTK) in Sulęczyno?

The aim is to enhance thermal insulation on the facade and roof of a municipal building.

What does the $750,000 letter of intent from Poland signify for Industrial NanoTech (INTK)?

It demonstrates confidence in the company's solutions and supports energy-saving initiatives.

How does Industrial NanoTech (INTK) plan to extend its project after successful implementation in Sulęczyno?

Plans include extending the technology to all facilities managed by the municipal authority for reduced energy consumption and improved building maintenance.

Who are the new presidents of Industrial NanoTech (INTK) mentioned in the press release?

The new presidents are Mr. Paweł Cyniak and Mr. Wojciech Samiło.