Industrial Nanotech, a leader in nanotechnology invention and product development, today announced the creation of TalkingPaint Inc., a new subsidiary that will commercialize the company's patent-pending range of self-reporting coatings.
“Our focus for TalkingPaint Inc. is on safety and our products will provide an early warning signal of dangerous conditions before they become deadly,” states Stuart Burchill, CEO/CTO of Industrial Nanotech Inc.
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Mr. Burchill continues, “We are targeting very specific areas of plants, facilities and buildings and plan to work with a team of over 300 established independent representatives in the US and a multinational partner based in Italy to serve Europe. Additional international distribution partners are planned.”
The Company anticipates the revenue from these new products to reach $96 million dollars US within three years and continue strong growth as the product becomes the new industry standard.
Mr. Burchill concludes, “This initiative is the result of 16 years of hard work and a collaboration between some of the best business and science minds in the world. We are very confident in a successful outcome.”