ElectriPlast: When One Buck is Worth Millions of Dollars

On the surface,

a buck is a buck!





By Stephen




Special to the ElectriPlast
Blog



[EB Editor’s Note: There was a collective sigh of relief from Integral Technologies shareholders when the long-anticipated Heatron deal was announced a few months ago. Finally, we had news to validate our ElectriPlast technology. However, a quick review of the press release, turned “deal” to “dour” when the only mention of revenue was a $1 fee! The same thing happened when the Jasper Rubber deal was announced. One paltry US dollar! As the iconic singer, Peggy Lee, might croon, “Is That All There Is?” What kind of deals are these? How are they supposed to accrete to the bottom line? A supply chain specialist and expert on the manufacturing process gives us his take on the $1 “deals.”]

[EB Publisher's Addendum: There are two issues not mentioned in this outstanding article, both rest at the heart of the positive nature and key features to the $1 Licensing fee. If you don't mind, I would like to share my take on one of these features--you on your own will probably pick up on the other with no assistance from me.

Here it is, clear, short and in plain words: In entering into a licensing agreement with both Heatron and Jasper Rubber Company (JARCO), Integral wins access to not only these companies' client lists, but their sales forces, but I am getting ahead of myself. Being manufacturers (add with that a potential compounder to boot), this means that they are literally hubs of activity. Companies/clients with uniques interests are drawn to the hub to satisify their material and product needs. With the hub now offering ElectriPlast enhanced wares--Integral's IP gets instant recognition; ElectriPlast enhanced product readily gets into the clients hands--the supply chain is thus drastically reduced with ElectriPlast migrating to the market place through the hubs' hundreds of clients. Mull that over and let me know whether this was a bad deal or not. PK sends...]



Is a $1 contract really only worth one dollar?

In the wake of the recent announcements from Integral Technologies about the agreements with Heatron and Jasper Rubber, it is useful to shed a little light on these “deals” to help dispel the misinterpretation Integral shareholders have experienced.

In these two cases, a $1 contract simply indicates that Integral and their business partners have agreed to terms to produce ElectriPlast. But the one dollar terms of the agreement isn’t indicative of the future economic value of the relationships. The actual value of any contract with Integral is measured by a customer's consumption of ElectriPlast units (EU) as multiplied by Integral's price per unit. One EU could be defined as one pound, or one truck load, one basket full, or even one percent of the net value of a business partner’s single finished “widget.”

Since, at this point, there are no reported units of ElectriPlast being consumed by our new business partners (Heatron and Jasper Rubber), no actual contract value can be assessed or even projected. Furthermore, Integral shareholders will never see the details of contracts between Integral, Heatron and Jasper Rubber referencing a cost basis, since these specifics are proprietary and unique from business partner to business partner. Divulging this information to the public would put at risk Integral's prerogative to negotiate the best sales price with future business partners.

The inking of nominal $1 deals is not uncommon in the global raw materials/supply sector, so a $1 contract should encourage, not discourage shareholders. In fact, when two companies, Heatron and Jasper Rubber (whose combined market cap probably exceeds $250 million), announce that they retooling to produce ElectriPlast units, it is a source of great optimism.

And another optimist outlook is the "household" name company reportedly on the verge of being announced, hopefully, in the short term. This entity is rumored to be a Fortune 100 company, and a reality of the manufacturing world is that heavyweights are ponderous by nature and they always move more slowly than smaller companies.

Integral has 111 patents approved or pending, across every manufacturing sector. Their latest press release affirms they believe each patent represents at least one licensing agreement. And they continue to invent. What does the value of 111 licensing agreements look like? Tom Aisenbrey, the inventor of ElectriPlast, has stated that he is not even close to the end of inventing ElectriPlast products. In fact, in a recent meeting, he indicated three hundred patents or more are closer to his target.

So, does anybody really believe that these license agreements are worth only a buck?

What does the revenue stream of 300 ElectriPlast product lines being built by as many companies look like?

Clearly, a whole lot more than $300, to be sure

ElectriPlast: Update on Additional Patents

Integral Announces

Additional

ElectriPlast(TM)

US Patents

Allowed



By Business Wire
BELLINGHAM, Wash., 2006-09-25 15:18 ET -
News Release



Integral Technologies, Inc. (OTCBB:ITKG) ("Integral"), announced today that it has received its 19th patent. The Company began by filing 4 patents around its new ElectriPlast(TM) Technology in September 2002 and by October 2004 the Company had filed 37 patents. Since February 2005 an additional 72 patents have been filed bringing the Company's total to 109. Historically, from the date of filing to the approval and issuance of a US Patent, it can be anywhere between 18 and 24 months, approximately.

The Company continues to expand and solidify its intellectual property portfolio and expand its asset base surrounding its ElectriPlast(TM) technology. We continue to focus our R&D efforts on identifying applications where ElectriPlast(TM) can mirror the characteristics of metals.

Every patent allowed on an application of ElectriPlast(TM) is a new licensing opportunity. We anticipate securing more licenses for ElectriPlast(TM) over the remainder of the year.

Integral Technologies

Integral Technologies, Inc. (www.itkg.net) is the developer of an innovative electrically conductive resin-based material called "ElectriPlast(TM)," a highly conductive recipe that can be molded intovirtually any shape or dimension associated with the range ofplastics, rubbers and other polymers. Our IP consists ofElectriPlast(TM) and over 100 applications of ElectriPlast(TM) in various industries. To date, we have had 19 US patents issued, or allowed and pending issuance, and 90 patents pending on ElectriPlast(TM) applications. Various examples of industries where ElectriPlast(TM) can be used are antennas, shielding, lighting, circuitry, switch actuators, resistors, and medical devices, to namejust a few. The company is currently introducing these new products and ElectriPlast(TM) technology on a global scale.

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 forrevisions or changes after the date of this release.

For more detailed information on the company and the technologiesdescribed above please visit our web site at www.itkg.net or contactShareholder 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.

Contacts:
Integral Technologies, Inc.Michael Pound, 888-666-8833

ElectriPlast: The Essential Key

The

Supply-

Chain

Solution. . .


By Roger Renstrom, PlasticsNews.com


Jasper licenses Integral´s ElectriPlast


JASPER, IND. (Sept. 20, 9:50 a.m. EDT) -- Jasper Rubber Products Inc. has obtained a license to use Integral Technologies Inc.’s ElectriPlast technology for specific applications within Jasper’s customer base.

“We see the material as pretty revolutionary,” said Doug Mathias, Jasper chief executive officer and president.

“There are conductive plastics, but this is different.”

Jasper Rubber’s laboratory plans to experiment in injection molding versions of ElectriPlast for possible thermoplastic and thermoset rubber applications with existing customers in the automotive, filtration and major appliance markets. Jasper operates presses with clamping forces of 75-440 tons and also has lathe-cut and extrusion processing capabilities.

The Jasper-based firm employs more than 800 at a 35,000-square-foot site and has annual sales of about $75 million. The employee-owned firm was founded in 1949.

In March, Integral Technologies of Bellingham, Wash., completed its first ElectriPlast patent license agreement, a nonexclusive deal with Heatron Inc. of Leavenworth, Kan., for applications in the heating andlight-emitting-diode markets.

Additional agreements are being developed.

“We have a lot (of companies) in the queue,” said Thomas Aisenbrey, chief technology officer and general manager ofIntegral Technologies.

Homogenous ElectriPlast blends may contain micron-conducting doping elements, any of more than 15,000 base resins, time-release features and dispersion additives.

************************************************************

To have your own access to news stories like this one, go to: http://www.plasticsnews.com.

ElectriPlast: Are We There Yet?

The


Question




By Vince S.
ElectriPlast Blog Editor




Robotic demands from the back seat are no less compelling to the driver!

For all you long-suffering parents who have taken a long trip by car with impatient kids kicking the back of your seat (knock it off, junior or I’ll unplug your iPod), you’ll surely recognize their near robotic demands from the back seat, “Are We There Yet? Are We There Yet?“

Juvenile impatience was a stage we all went through (some never got over it) as we bounded through those early years. How naive we were! On long family drives, we back seaters had no concept of how long it took to drive from Atlanta to Altoona, Butte to Bellingham or Jacksonville to Jasper as long as we weren’t bored.

In many ways, our journey as investors in this company is analogous to kids on a long family drive. As shareholders, we “kids” have been sitting in the back of the Integral Technologies “car,” kicking the back of the drivers’ seat demanding to know “Are we there yet?”

How do you get from Jasper to New York? Think ElectriPlast and LEO!

When one contemplates the trip from Jasper to New York (Wall Street), it is a metaphor for our “go-to-market” year, and this is the year, John Q. Babyboomer! That “promise” was made to us twice. Now, it’s your turn to say, “Are we there yet?”

The first of the two promises was made when 2006 was but three days old. In a message to shareholders, the CEO said this is the year we are going to market. That was followed by the historic meeting (the second “promise”) on 6 June in Jasper, Indiana. At that time, the Boyz from Bellingham said there should be “four to five” more licensing agreements before year end, with Fortune 100 companies accounting for “one or two” of them. Suffice it to say, any licensing agreement with a Fortune 100 company will validate ElectriPlast, engender competition among manufacturers to use our IP, stimulate the signing and announcement of other agreements in the pipeline, and put our PPS in a low earth orbit along with the US Space Shuttle!

Yeah, but are we really there yet?

The distance between Jasper and New York is about 711 miles, as the crow flies, so your average set of wheels should make the run in 12 hours, notwithstanding speed traps and road conditions. Our wheels (a 2004 ElectriPlast) are custom built and have been upgraded a few times along the way, but, yes, we are getting there, folks!

And at this stage of the trip, the road signs are many and compelling. Among a few of the salient ones:

* Our relationship with QuanStar has ushered us into corporate executive suites previously closed to us. QuanStar has also introduced us to the US Defense sector.

* The National Plastics Exposition (NPE 2006) placed us on a global stage, and we are responding admirably to our new international audience.

* Many of the “40 or 50” companies with whom we have been working are validating their belief in ElectriPlast by buying share blocks.

* Our Intellectual Property portfolio continues to expand (soon to approach 20 patents granted or allowed) as the “Wizard of Bellingham” continues to work his magic. Each patent represents many-fold licensing opportunities.

* And last, but not the least of the road signs, two licensing agreements have been inked.

Launching a new concept, particularly one that has the potential to be as disruptive to the consumer electronics market as the automobile was to the horse and buggy era, is fraught with delay and can be as risky as a blindfolded funambulist! But like the fabled wire-walkers of Barnum and Bailey, once launched, there is no turning back. Alexander Graham Bell once said, “Before anything else, preparation is the key to success.”

Our journey may have started on a bumpy country road many years ago, but the last leg of this part of the trip is coming to a close. The route is smoother, the drivers are more confident, and the "kids" aren’t kicking the back of the seat as vigorously as they did. There is palpable excitement in the back seat because the “kids” know this "drive" isn’t about the destination; it’s about the journey.

As we get closer to the Big Apple, and we see the distant outline of skyscrapers pointing skyward, we “kids” no longer ask, “Are we there yet?” Now the catch phrase is, “Look how close we are!”

Time to break out the ITKG T-shirts, the Tom Aisenbrey bobble-head doll and that expensive bottle of bubbly stuff?

ElectriPlast: Material Production Arm Identified . . .

A North American

Rubber / Plastics

Manufacturer

Finally Identified.


By BusinessWire
Last Update: 1:00 PM ET Sep 13, 2006


[ElectriPlast Blog Publisher's Note: This news and the associated supply-chain implications are far more significant than most will immediately realize. Let that sink in for a while as you read on!! PK sends...]



Integral Completes License of its ElectriPlast(TM) Technology



BELLINGHAM, Wash., Sep 13, 2006 (BUSINESS WIRE) -- Integral Technologies, Inc.'s (ITKG : "Integral"), has finalized a license agreement with Jasper Rubber Products Inc. ( http://www.jasperrubber.com/) for the rights to use the Company's proprietary ElectriPlast(TM) technology for specific applications within their customer base.

Since its founding in 1949, Jasper Rubber, with over 800 employees has grown to become a leader in innovative rubber and plastics development. Jasper manufactures a full range of molded, extruded, lathe-cut rubber and thermoplastic products for major appliance, oil filter, and automotive industries.

Jasper's CEO and President Doug Mathias, commenting on the license said, "We are very excited about our future opportunities utilizing the family of ElectriPlast(TM) materials and feel fortunate to be working with Integral to bring this patented technology to commercial success."

Integral and Jasper will work together, to bring to market products that will meet and exceed the needs of Jasper's customers. Jasper has an excellent reputation and brings a strong sales force to the equation which will begin to identify new business opportunities for the ElectriPlast(TM) technology throughout North America. We at Integral look forward to further business with Jasper Rubber.

Integral continues to work with other companies which are in the process of exploring over 111 patented and patent pending identified applications of the Company's ElectriPlast(TM) technology.

Integral Technologies

Integral Technologies, Inc. ( http://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. Various examples of industries where ElectriPlast can be used are antennas, shielding, lighting, circuitry, switch actuators, resistors, and medical devices, to name just a few. The company is currently introducing these new products and ElectriPlast technology on a global scale.

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 http://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.

SOURCE: Integral Technologies, Inc. Integral Technologies, Inc. Michael Pound, 888-666-8833

Copyright Business Wire 2006

***** As of Saturday, 09-09-2006 23:59, the latest Comtex SmarTrend(SM) Alert, an automated pattern recognition system, indicated an UPTREND on 07-17-2006 for ITKG @ $2.88. For more information on Comtex SmarTrend® Alert, contact your market data provider or go to CSTADirect.com SmarTrend is a registered trademark of Comtex News Network, Inc. Copyright © 2004-2006 Comtex News Network, Inc. All rights reserved.

ElectriPlast: The Mysterious Manufacturing Connection

New Contacts,

Mysterious

Connections . . .



The following article was presented in: PlasticTechnology, as an online article featuring the NPE 2006 News Wrapup.
By Joseph a. Grande & Lilli Manolis Sherman, Sr. Editors


[ElectriPlast Blog Publishers Note: The importance of this article is three-fold. First, within there is a strong hint to a yet-to-be-named U.S. Plastics Manufacturer, identified as doing closehold business with Integral Technologies. Second, there is an indication as to the amounts of product expected to be sold. Last and most significantly, the hint of a near-term timeframe is indicated.]

[Addendum -- Apologies to those looking to this blog for constant updates. I spent the summer in Spain, with little access to online resources, not that the sun and surf weren't tempting enough cause for me to exile myself from the terminal for awhile. Still, to those who asked questions via email, I tried to satisify your requests for insight. For those who didn't -- I purposely left the last series of articles posted in hopes that they would both encourage, and push all interested, to review previous blog submissions. To date, we are on track, and the issues covered are slowly coming to light. Let us hope that price per share expectations, along with that lofty NASDAQ objective also becomes a reality. PK "with cheers and best regards from the heart of Bavaria" sends...]


New conductive compound


An as-yet unnamed U.S. compounder is expected to be the first to sell commercial quantities of a unique highly conductive compound called ElectriPlast, developed by Integral Technologies Inc. The material consists of 6- to 25-micron conductive fibers (metallic or carbon) plus a special chemical dopant in any of a variety of base resins. A special dispersion technique is part of the technology, which has been licensed to Heatron, a maker of heating elements in Leavenworth, Kan. Prototype antennas are among several other products that have also been produced from ElectriPlast.

Click the picture above to link to the aforementioned article -- look near the bottom of that online article's webpage.