Industrial Nanotech CEO Clarifies 3/27/08 Press Release

NAPLES, Fla.--(Business Wire)--
Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global
leader in nanotechnology, today provided a clarification of the press
release dated March 27, 2008.

"We are not opening a chain of retail stores selling our product,"
states Stuart Burchill, CEO/CTO of Industrial Nanotech, Inc. "We are
taking greater control of our supply chain and capturing an additional
existing revenue stream by opening small, regional
warehouse/distribution centers, shipping our product by low cost bulk
transport to these centers, then shipping individual orders within the
region from these facilities by our regular carrier, DHL. Revenues we
currently collect as shipping and handling charges from our customers,
but currently pay to third party fulfillment centers to process
orders, would become the revenue of these centers. Based on current
sales volumes and growth rates, we expect them to be profitable at
opening. The centers will also offer counter sales for product pick up
and local walk-in customers."

Mr. Burchill continues, "In addition to capturing a significant
additional revenue stream, this lowers the cost of the DHL charges to
the customer, therefore reducing overall cost to customer, and reduces
delivery times due to the closer proximity of the product to the
customer."

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, and resistance to mold
growth in an environmentally safe, water-based, coating formulation.
The Nansulate(R) Product Line includes both industrial and residential
coatings.

About Industrial Nanotech, Inc.

Industrial Nanotech, Inc. is quickly 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, (http://www.industrial-nanotech.com) and
(http://www.nansulate.com).

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.

For Industrial Nanotech, Inc., Naples
Investor Relations:
The Cervelle Group, LLC
Rob Karbowsky, 407-475-9966 ext. 227
rob@thecervellegroup.com
or
Media Inquiries:
The Cervelle Group, LLC
Tina Kuhn, 407-475-9966
tina@thecervellegroup.com

Copyright Business Wire 2008