Integral Technologies, Inc. (“ITKG-OTC:BB”) (“Integral”), and Jasper Rubber
Products (“Jasper”) through their respective CEOs, William Robinson and Douglas
Mathias, today made the following comments relating to the ElectriPlast™
product(s).
Product Advancement:
Over the past two years Integral and Jasper have perfected
the manufacturing process of our patented ElectriPlast™ Technology for multiple
applications in widely diverse industries. To advance our manufacturing
procedures and product commercialization we have selected our eight most
popular resin formulations for testing of their physical and electrical
characteristics by an independent laboratory. These tests will be standardized
and can be conducted on any material that incorporates ElectriPlast Technology.
They will provide independent validation of the specific physical and
electrical characteristics of ElectriPlast™.
The results are now being compiled and will be shared with
our customers and the public. The amount of testing data received is
voluminous and detailed. It is currently being deciphered, complied and
condensed into a format for dissemination.
These tests will allow our customers to understand how
doping of the resin changes its characteristics, giving Corporate Engineers and
Scientists a better understand of how to utilize ElecrtriPlast™ in the
material specification stages rather than read about generalities in a news
article or on our web-site. For example, does the resin tensile strength become
harder or brittle depending on the amount of additives added? How does the
material accept or reject electrical current? Customers will now be able to
compare formulations using ElectriPlast with their products and demonstrate the
superiority of all our Patented and Patent Pending Property, including, among
others applications, shielding, antennas, batteries audio, heating appliances,
automotive, military, circuitry, resistors, connectors and wiring. These tests
will also assist our customers who wish to conduct their own research and
development work on the ElectriPlast™ Technology.
Intellectual Property Portfolio:
Our intellectual property is comprised of our patented core
technology, ElectriPlast™, and the “patented product family” of the patented
core technology. By “patented product family” we mean the variety of
applications which we have developed based on ElectriPlast™. In order to better
optimize the different applications of our core technology we now combine some
of these applications to better utilize costs, applications and final
approvals. Currently, we have filed 119
Sales and Development Activities:
Integral and Jasper are in the process of securing regular
customers. Despite the global economic slowdown this past year we have
continued to develop and expand our diverse customer base and are on the verge
of finalizing numerous sales. Many of our potential customers include the
recognized leaders in their respective industries. The utilization of the
ElectriPlast™ materials is as wide and varied as its potential product
applications
Although management is not able to be definitive on contract
dates we believe several current projects under development will come to
fruition soon.
Opportunities
for ElectriPlast™ in a Green Economy
With a shift towards a green economy in the
In conjunction with the foregoing, Integral and Jasper have
developed a relationship with a specialized consulting company based in
As mentioned in an article entitled “The Next Detroit” in
the Forbes magazine issue of June 8, 2009, the new
Integral Technologies
Integral Technologies, Inc. (www.itkg.net)
is the developer of an innovative electrically conductive resin-based material
called “ElectriPlast™,” a highly conductive recipe that can be molded into
virtually any shape or dimension associated with the range of plastics, rubbers
and other polymers. Our IP consists of ElectriPlast™ and multitudes of
different applications pertinent to a wide variety of industries.
Currently, we have filed 119
This press release contains “forward-looking
statements'' within the meaning of Section 27A of the 1933 Securities Act and
Section 21E of the 1934 Securities Exchange Act. Actual results could differ
materially, as the result of such factors as (1) competition in the markets for
the products and services sold by the company, (2) the ability of the company
to execute its plans, and (3) other factors detailed in the company's public
filings with the SEC. By making these forward-looking statements, the Company
can give no assurances that the transaction described in this press release
will be successfully completed, and undertakes no obligation to update these
statements for revisions or changes after the date of this release.
For more detailed information on the company and
the technologies described above please visit our web site at www.itkg.net or contact Shareholder Relations at 888-666-8833 or The
Investor Relations Group, at 212-825-3210. To review the company’s filings with
the SEC, please go to www.sec.gov.