Scottsdale 12/9/2010 2:25:51 AM
Integral Technologies, Inc. (ITKG.OB) Licensee Utilizes the Revolutionary ElectriPlast™ Material in an Electrical Device for the Military
QualityStocks would like to highlight Integral Technologies, Inc. (OTCBB: ITKG), a 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 plastics, rubbers, and other polymers.
In the company’s news yesterday,
Integral Technologies reported that one of the company’s licensees has utilized ITKG’s amazing ElectriPlast material in the design of an undisclosed electrical device for the military. The revolutionary ElectriPlast material offers lightweight flexibility and vastly superior shielding capabilities compared to existing/comparable materials.
CEO of ITKG, William Robinson, was especially pleased to see a defense sector application of the material and anticipates that, given the awesome engineering potential of ElectriPlast, accelerated adoption of the material will begin in electro active shielding and conductive device applications in a variety of industries.
Robinson cited recent design wins in the auto industry as further proof of the vast potential of the product and explained that as market acceptance continues to increase, the use of licensees will be a fundamental aspect of ITKG’s growth strategy.
Robinson further extolled the merits of the licensee, with whom ITKG has collaborated over the last several months to arrive at this optimum usage of ElectriPlast, forecasting additional uses in a variety of other niche markets by the licensee in coming months/years.
Thanks to tight integration with ITKG’s manufacturing partner Jasper Rubber, the Company is able to extend the benefits of such advanced materials irrespective of whether or not the particular client has access to molding or extruding capabilities of their own.
Testing of the mechanical and electrical soundness, customer training and service for design/implementation are also offered by ITKG, in addition to the potential for joint-ventures structured around co-development of suitable material applications.
The Company stands readily able to assist in the design and quality review of manufacturing and process applications. No matter what the specs are, ITKG is there to help clients achieve the utmost satisfaction.
Ongoing negotiation with other companies to license the patented ElectriPlast technology should prove quite fruitful, both in terms of widespread adoption and shareholder returns. With 52 issued US patents built around the ElectriPlast technology, ITKG is extremely well positioned to capitalize on this lucrative and emerging market.
About QualityStocks
QualityStocks, based in Scottsdale, Arizona is a free service that collects data from hundreds Small-Cap and Micro-Cap online Investment Newsletters into one Free Daily Newsletter Report. QualityStocks is dedicated to assisting emerging public companies with their advertising efforts and now has over 750,000+ subscribers that receive The Daily Stock Newsletters.
To sign up for “The QualityStocks Daily Newsletter” please visit www.QualityStocks.net
Please see disclaimer on QualityStocks website: http://Disclaimer.QualityStocks.net
Forward-Looking Statement:
This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.