Industrial Nanotech, Inc. Announces New International Supply Chain Expansion

Nanotech business is becoming the most precious business in the world following the upgrowing demand and service of the sector

Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global leader in nanotechnology, announced today that the Company has severed its relationship with Mercatus & Partners Group, of Rome, Italy as joint venture partners for a manufacturing facility in Italy and is moving to expand the Company's supply chain for Europe, the Middle East, and Asia with manufacturing in Budapest, Hungary and a fulfillment center in Shanghai, China.

Stuart Burchill, CEO of Industrial Nanotech, Inc., states, "The relationship with Mercatus & Partners Group was not productive or suitable for Industrial Nanotech, Inc. and we have terminated the relationship. However, pending deals make it a priority that we ramp up our ability to provide large quantities of product on a regular basis to Europe, the Middle East, and China. We are currently in negotiations with a facility in Budapest, where one of our key coating scientists maintains professional relationships sufficient to provide day to day quality control monitoring, to provide our Company with manufacturing capabilities and we plan to utilize the services of a fulfillment center in Shanghai. This strategy represents the most cost effective way to implement an efficient supply chain to meet our needs in these regions and without a major capital expenditure and with consideration for the protection of our valuable intellectual property."

About Industrial Nanotech, Inc.

Industrial Nanotech Inc. is rapidly emerging as a global nanoscience solutions and research leader. The Company develops and commercializes new and innovative applications for nanotechnology. Additional information about the Company and its products can be found at their websites www.industrial-nanotech.com and www.nansulate.com.

About Nansulate(R)

Nansulate(R) is the Company's patented product line of specialty coatings containing a nanotechnology based material and which are well-documented to provide the combined performance qualities of thermal insulation, corrosion prevention, resistance to mold growth and lead encapsulation in an environmentally safe, water-based, coating formulation. The Nansulate(R) Product Line includes both industrial and residential coatings.

Safe Harbor Statement

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

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Technorati : Industrial Nanotech

Vivien Johnston- will talk ethics to world trade bosses

A JEWELLERY designer from the West End is going to Mongolia to tell some of the world's most important business leaders about ethics.

Vivien Johnston will travel to the Asian country next week to discuss the importance of ethics in the precious metal mining and jewellery trade with some of the biggest mining organisations on the globe.

The 30-year-old, a Glasgow School of Art graduate, has been an advocate of ethical jewellery since setting up her business, Fifi Bijoux, last year.

She uses only materials from traceable sources and mining communities where there has been no arms, drugs or human trafficking.

Her produce has attracted the attention of big name stores such as Harvey Nichols.

Vivien said: "My presentation is about the importance of transparency and on-the-ground ethical practice in mining precious metals in today's conscientious consumer-buying climate.

"Also, the presentation is to show it works as a business model and there are jewellers who have an established market for known ethical provenance materials and how we need certification schemes to prevent the unscrupulous abusing the system and simply paying lip-service to it."

The equivalent of the anti-fur campaign for the bling generation, ethical jewellery is jewellery has become a big issue in the USA with stars like Kanye West drawing attention to the issue.

However a major problem has been the high cost of traceability.

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While it is easier for luxury producers to keep full account of where their materials come from, it is tougher for designers like Vivien who produce for a less exclusive sector and have the final high street cost to think about.

Nonetheless, in the past Vivien has donated a percentage of profits to charities involved in aiding the victims of atrocities in gold and gem mining areas.

Glasgow has become a hotbed of ethical fashion and syle in the past 12 months.

Earlier this year Carolyn Manson opened Bolshie, the first boutique in Scotland to sell exclusively ethical clothes and accessories.

Vivien Johnston

They say you have to suffer for beauty, but Vivien Johnston would disagree! She has set up Fifi Bijoux, an ethical jewellery company, with the express purpose of ensuring that all the precious metals and stones she uses in her pieces are sourced from countries where human rights are respected and the environmental impact of mining is minimised.

Vivien Johnston

Vivien spent several years working in the jewellery industry before she decided to branch out. Experience taught her that despite political efforts to curb the trade in so called 'blood diamonds', the raw materials for the industry were still being imported from countries where conflict existed. When Vivien was commissioned to make an ethical wedding ring it seemed like a natural step to think about creating a business plan for a whole range of ethical jewellery. The initial commission came from a man who was himself an entrepreneur and political figure, so he was able to help and advise her on how to develop her strategy.

Working as head of design for a large jeweller taught Vivien to be innovative and to encourage innovation amongst her staff, but the actual mechanic of setting up in business was a new experience for her. Raising the funding to create her first collection meant tapping into every possible resource, and for help and advice she approached her local Business Gateway Service. With the company still in its infancy Vivien is very realistic about how much hard work she has ahead of her: "I can't afford myself the conceit that I have overcome the skills I lack. I just work round them. I learn constantly".

In 2006 Fifi Bijoux launched its first collection which was showcased at London Fashion Week in 2007. Although Vivien refuses to class herself as a success as yet, the range has generated a great deal of media interest and she is on the road to achieving her long term aim of making Fifi Bijoux the ethical equivalent of Louis Vuitton

address: 6 Mercer Street, Covent Garden, London, WC2H 9QA.Contact: Lynsey Smith. CEC Manager Tel: +44 (0) 141 225 8424 ...

Technorati : jewellery