ElectriPlast: Baby Steps -- Military Applications...

Final

Design

and Test

Results

Due


By: EON/BusinessWire
December 07, 2010 08:45 AM Eastern Time


 
Integral’s ElectriPlast™ Designed into Military Electrical Device


BELLINGHAM, Wash.--(EON: Enhanced Online News)--Integral Technologies, Inc. (OTCBB:ITKG) (“Integral”) (http://www.electriplast.com/), an emerging leader in electrically conductive plastics, announced today that ElectriPlast™ has been designed into a device for a military application by one of Integral’s licensees. Final testing and trials are expected to be completed by the end of 2010.


On May 27, 2010, Integral announced a license agreement with this licensee, a leading provider of system solutions with extensive technical and engineering content serving aerospace/defense, telecommunications, medical and other international high-technology niche markets.


William Robinson, CEO of Integral, said, “This design win is a result of our collaborative efforts with this licensee over the last several months for optimum uses of ElectriPlast™. This particular use of ElectriPlast™ is just one of several applications for which the license was granted. As this relationship continues to expand we expect this licensee to utilize ElectriPlast™ in its other niche markets.”


Robinson, CEO, went on to say; “We have made significant progress this year largely because of the progress of our licensing partners to incorporate ElectriPlast™ into their designs, as the solution to some of their engineering challenges. As we continue to work with these companies, we anticipate an acceleration of the uses of ElectriPlast™ in electro active shielding and conductive devices. It is especially gratifying to see the defense industry embrace our technology because the uniqueness of ElectriPlast™ -- its lightweight and design flexibility, while providing superior shielding -- is ideal for numerous military applications. Along with our recent design wins in the auto industry, this demonstrates growing market acceptance of ElectriPlast™.”


As ElectriPlast™ gains greater market acceptance, the continued use of license agreements will be a key in the growth and development of the product. ElectriPlast™ allows a design engineer the utmost freedom in designing new products or enhancing current designs. Through Jasper Rubber, Integral’s manufacturing partner, Integral can work with customers who do not have the equipment to do the necessary molding or extruding. At all stages, Integral can assist in the design and review of manufacturing applications and process optimization to meet whatever may be the precise specifications. Electrical and mechanical testing of ElectriPlast™ components and applications can then be carried out, followed by customer training and service for design and implementation. Integral also can form joint ventures to co-develop applications for the ElectriPlast™ pellet, as it has with other companies.


Integral continues to negotiate with many other companies to complete additional licenses of its patented ElectriPlast™ Technology.


Integral Technologies


Integral Technologies, Inc. (http://www.electriplast.com/) 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. Integral Technologies is an emerging leader in the development and application of next-generation conductive plastic materials. The company currently has 52 issued US patents relating to the composition, manufacture and application of their ElectriPlast™ technology, and they continue to develop and protect new intellectual property. The company was recently cited by ipCapital Group, (http://www.ipcg.com/) as the indisputable IP leader in resin-based materials. Their IP consists of ElectriPlast™ and multitudes of different applications pertinent to a wide variety of industries. No assurances can be given that all patent applications will be approved; however, to the extent that patents are not granted, they will continue to attempt to commercialize these technologies without the protection of patents. Various examples of industries where ElectriPlast™ can be used are automotive, defense, antennas, shielding, lighting, circuitry, switch actuators, resistors, and medical devices. The company is currently introducing these new products and ElectriPlast™ technology on a global scale.


Safe Harbor Statement


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. These statements include, without limitation, predictions and guidance relating to the company’s future financial performance and the research, development and commercialization of its technologies. In some cases, you can identify forward-looking statements by terminology such as, “may,” “should,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “potential,” “continue,” or the negative of these terms or other comparable terminology. These forward-looking statements are based on management’s current expectations but they involve a number of risks and uncertainties. Actual results and the timing of events could differ materially from those anticipated in the forward-looking statements, as the result of such factors, risks and uncertainties 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, including, without limitation, those described in the Company’s annual report on Form 10-K for the year ended June 30, 2010, as filed with the Securities and Exchange Commission and available at http://www.sec.gov/. You are urged to consider these factors carefully in evaluating the forward-looking statements herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by this cautionary statement. The forward-looking statements speak only as of the date on which they are made and the company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.


This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities
Contacts


Integral Technologies, Inc.
Scott McArthur, Shareholder Relations
1-888-666-8833

or

Doug Bathauer, Director of Corporate Comunications
812-455-5767
info@electriplast.com
http://www.electriplast.com/


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