ElectriPlast: Baby Steps -- New Era, New Take-Aways...

New

Take-

Aways




By: EON/BusinessWire
November 19, 2010 08:33 AM Eastern Time



Integral’s ElectriPlast™ Meets Another Milestone for 2012 Automobile

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 parts made from its ElectriPlast™ pellets have met the next testing milestones, toward final approval for use in a 2012 model year car, for a prestigious European automaker.


This development follows Integral’s announcement on October 14, 2010, that they had shipped ElectriPlast™ pellets, to one of the world’s leading automakers, through a Tier 1 automotive supplier, for the prototype and development of production sample parts. The automotive supplier has notified Integral that they have successfully molded the parts with ElectriPlast™ and the parts have met all the required electrical, structural, and physical specifications. The ElectriPlast™ parts underwent and passed several tests, including seal test for pressure and fluid and vibration testing.


In a related and significant development, Underwriters Laboratories (“UL”) approval was given to the ElectriPlast™ parts for their electromagnetic compatibility (“EMC”), and this Tier 1 supplier has ordered more ElectriPlast™ pellets for the production of additional sample parts.


Upon completion of the project, the ElectriPlast™ parts will replace metal parts used to shield the car’s power electronics and will be deployed on a global platform. The ElectriPlast™ parts provide a nearly 50% weight savings over the metal parts currently being used, while also providing superior RF shielding properties.


“Our excitement grows as we meet each milestone,” said William Robinson, CEO of Integral. We have long known that ElectriPlast™ was special, which the auto industry has now confirmed. ElectriPlast’s™ unique combination of light weight, flexible and low cost manufacturing and superior electrical shielding has gotten the attention of this Tier 1 supplier, which already has begun to include our material in its new designs.”


Meeting these mechanical and electrical requirements is a major step towards final approval of ElectriPlast™ for use in one of the world’s leading automakers. It’s also a major step toward establishing a broader foothold in the automotive industry where the opportunities for manufacturers to benefit from the weight savings and superior electrical performance of ElectriPlast™ is virtually limitless.


ElectriPlast™ can replace metal in a multitude of parts, ranging from battery covers, connectors and fuses to shielded plugs and connectors. By utilizing ElectriPlast™ for shielding applications alone, manufacturers are able to reduce the weight of a vehicle by as much as fourteen pounds, while improving electrical shielding performance and reducing the parts’ cost and shipping weight. The Company is developing other applications for ElectriPlast™ that will provide further weight reductions.


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 50 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 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/  




Permalink: http://eon.businesswire.com/news/eon/20101119005421/en/conductive-plastic/conductive-polymer

ElectriPlast: Baby Steps -- Continued...

Step

by

Step...




By: BusinessWire, 2010-11-01 08:30 ET





Integral Announces ElectriPlast™ Shipment to a Second Tier One Auto Supplier for Delivery to Leading European Automaker


Company Targets an Additional Opportunity for Its Conductive Plastic for Inclusion in 2012 Model Year Automobile

BELLINGHAM, Wash. -- Integral Technologies, Inc. (OTCBB:ITKG) (“Integral”),(http://www.electriplast.com/), an emerging leader in electrically engineered conductive plastics, announced today that one of Europe's premier automakers has ordered, through a Tier 1 supplier of lithium ion batteries, sample parts to be molded from Integral's proprietary ElectriPlast™ materials. The ElectriPlast™ component is designed to be part of a new battery assembly that will allow the automaker to meet weight goals for a 2012 model year car, which will begin production in the second half of 2011. The company recently announced a similar delivery of materials to another Tier 1 supplier and automaker.


This delivery of sample parts is the first step towards shipping final product to the Tier 1 for inclusion in the final production model.


According to Integral, its proprietary ElectriPlast™ material has been approved by the Tier 1 as well as by the manufacturer. ElectriPlast™ was chosen for its shielding effectiveness and light weight. The company also indicated that ElectriPlast™ will provide a cost savings to the manufacturer over the metal part targeted for replacement.


William Robinson, Integral's CEO, commented, "It's very gratifying that we are gaining traction in the automotive industry. We are now working with two Tier 1 suppliers, each of whom are developing different parts for inclusion into vehicles produced by different automakers. As we've mentioned recently, our goal is to have parts made from our material specified in more automobile makes and models, while we work at the same time to increase the number of parts made from ElectriPlast™ within each vehicle. This is a perfect example of how that can happen."


"As awareness of the unique advantages of ElectriPlast™ grows in the auto industry, we are seeing more inquiries from various manufacturers, relating to a greater variety of parts and makes and models," Robinson continued. "Our Tier One partners are central to this equation, because they serve many customers with a broad range of parts and assemblies. Upon completion of this particular project we anticipate inclusion on other design platforms provided by this Tier One supplier, to a variety of automakers. With over 60 million automobiles produced annually, worldwide, there is clearly an opportunity to generate substantial growth for our company with just a handful of design wins."


According to Integral, automobile manufacturers can now, for the first time, replace heavy metal parts for a multitude of applications ranging from battery covers, connectors and fuses, to shielded plugs and connectors, with lower cost, lighter weight and better performing ElectriPlast™ parts. By utilizing ElectriPlast™ for shielding applications alone, manufacturers are able to reduce the weight of a vehicle by fourteen pounds or more, while improving electrical shielding performance and reducing parts cost and shipping weight.


The ElectriPlast™ pellets can easily be used in low cost injection molding or extrusion facilities with little or no change in dies or tooling, to form parts of virtually any shape or size. This translates to design flexibility for engineers, and enables faster development cycles that add to savings for manufacturers.


ElectriPlast™ has a multitude of uses in a variety of markets. Its electrical properties make it ideal for radio frequency antennae of all types, which is increasingly important in our broadband wireless world. Large market segments that share many of the same requirements of automobile manufacturers include aviation and aerospace, where weight, durability, and electrical shielding performance and/or conductivity are always high priority design considerations.


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 50 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 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.


For more detailed information on the company and the technologies described above please visit our web site at http://www.electriplast.com/ or contact Shareholder Relations at 888-666-8833 or Doug Bathauer, Director of Corporate Communications at 812-455-5767 or email at dbathauer@itkg.net. To review the company's filings with the SEC, please go to http://www.sec.gov/.


SOURCE: Integral Technologies, Inc.


Integral Technologies, Inc.
Shareholder Relations, 888-666-8833
or
Doug Bathauer, Director of Corporate Communications
812-455-5767
dbathauer@itkg.net