ElectriPlast: Breaking a Trend & Making News...

Integral

Issues

Update on

ElectriPlast



Business Wire
July 14, 2009 5:10 PM ET



Product Development and Commercialization

Integral Technologies, Inc. ITKG (“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 understanding of how to utilize ElectriPlast™ 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 U.S. patent applications: 41 have been issued, one has been allowed but is pending issuance, and 77 have been filed and are pending approval. Only 40 have been rejected. Please visit our web-site http://www.itkg.net/ for a current listing of patents approved and applications pending.


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

We are providing several large antenna Companies with specific blends of ElectriPlast™ pellets. These Companies are working with Jasper’s manufacturing facility to facilitate their needs. One Company has made a final prototype and is testing the antenna for commercialization. We are providing a blend of ElectriPlast™ pellets for a molded part in a new military application for shielding. The part has proven to be superior over all other competitors for this application. We are providing a battery manufacturer different ElectriPlast blends for molded parts in a standard 12 volt battery. The purpose is to lighten the battery providing for a longer battery life to meet the demands of “green” vehicles. We are in the process of sampling ElectriPlast™ as a revolutionary way to manufacture electrical wire. This revolutionary concept shows great promise and is receiving significant interest from wire manufacturers. 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 U.S., management believes that the unique characteristics of ElectriPlast™, such as weight savings, cost savings, design combination and flexibility, conductivity, non-corrosiveness, could lead the product to become an integral part of “green” transportation.

In conjunction with the foregoing, Integral and Jasper have developed a relationship with a specialized consulting company based in Detroit that has many years of successful experience in the automotive industry. Their testing of the ElectriPlast™ material has convinced them of the value of using ElectriPlast™ Technology in fields of Automotive, Hybrid Technology, Batteries, Marine Applications and Motorcycles. We expect an agreement to be executed with this consulting firm in the very near future.

As mentioned in an article entitled “The Next Detroit” in the Forbes magazine issue of June 8, 2009, the new Detroit will be comprised of carmakers and their suppliers building energy efficient cars, made in America. These hybrid cars will not only be fuel efficient but have a number of components made of recyclable material. Management believes that ElectriPlast will play an important role in the U.S. auto industry’s new designs.


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. Our IP consists of ElectriPlast™ and multitudes of different applications pertinent to a wide variety of industries. Currently, we have filed 119 U.S. patent applications, 41 of which have been issued, 1 which has been allowed but is pending issuance and 77 of which have been filed and are pending approval and 40 of which have been rejected. No assurances can be given that all patent applications will be approved; however, to the extent that patents are not granted, we will continue to attempt to commercialize these technologies without the protection of patents. 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 http://www.sec.gov/.

For Integral Technologies, Inc.
Scott McArthur, 888-666-8833